Flipkart Grand Gadget Days Sale Live Now – One day after Flipkart Big Saving Days Sale 2022 ends. The Grand Gadget Des Sale will run until January 26, and customers can get up to 80 percent off electronics and accessories. Electronics including digital cameras, smartwatches, genuine wireless stereo (TWS) earbuds, laptops, monitors, projectors, gaming headsets, computer peripherals including mouse and keyboards, headphones, speakers and storage devices. You can get additional discounts by choosing options like offer from different banks, cashback and no cost EMI.

According to Flipkart’s announcement through a dedicated webpage, TWS earphones can be purchased starting from Rs.1000. 799, the Fire-Bolt Talk Smartwatch is priced at Rs. 2,999 (Rs. 4,999 launch price), cameras Rs. It can be bought at a starting price of Rs 3,999, and Dell laptops are available with discounts of up to 30 percent Nothing Year 1 TWS Earphones are available for purchase at Rs. 5,499, gamers can get Onikuma gaming headset at a starting price of Rs. 899, and HP mouse and keyboard combos can be purchased starting from Rs. 199 during the Flipkart Grand Gadget Day Sale.

Flipkart is also offering discounts on premium electronics. Apple iPad (9th Gen) with 64GB storage can be purchased for Rs. 30,990. Samsung Galaxy Tab A7 Wi-Fi variant, priced at Rs. Available at Rs 17,999. 15,999. Meanwhile, Apple AirPods are available for Rs 10,999, and Google Nest Mini (2nd Gen) can be purchased for Rs. 2,720.

Meanwhile, Reliance Digital India Cell is also running till January 26 During the sale, smartphones, TVs, home appliances and other electronics are available at discounts. There are also various bank offers and Insta Delivery options on many items.

---

India’s top retailer, Reliance, has defended the sudden takeover of personal debt-ridden rival Future Retail’s store, saying the বৃদ্ধি 634 million (about Rs 4,800 crore) arrears have forced it to work beyond expectations, a letter from the company shows.

The takeover was part of a $ 900-billion (approximately Rs 68,11,875 crore) retail dominance race that sparked a bitter dispute where the Supreme Court of India would decide whether Reliance or Amazon.com would acquire futures assets.

The March 8 letter, seen by Reuters, reveals for the first time Reliance’s position on the night of February 25, when staffers suddenly came to take control of missed lease payments in many of its rival stores.

The move stunned not only Future but also Amazon, citing breaches of some agreements to legally block a $ 3.4-billion (approximately Rs 25,735 crore) deal between the two Indian giants since 2020.

In the letter, Reliance said it went “well and truly beyond expectations” to “keep the future out of harm’s way” as it took “significant steps” to ensure future business continuity and to ensure “no obstacles”. In their contract.

The measures include সহায়তা 634 million (approximately Rs. 4,800 crore) in financial assistance, including Rs. 1,100 crore unpaid lease rent and Rs. Working capital is Rs 3,600 crore.

Over the months, Reliance has leased more than 900 of Future’s 1,500 stores, though still allowing the company to operate them.

As Future has proved unable to pay arrears and losses on its retail operations, Reliance has faced “necessary circumstances” and decided to exercise its legal right to occupy stores, the letter added.

Neither Reliance nor Future immediately responded to a request for comment.

The future, which is on the verge of bankruptcy because of its growing losses, has previously called Reliance’s move “tough and one-sided.”

Before Amazon blocked it, Reliance, led by India’s richest man Mukesh Ambani, offered a 3.4-billion (approximately Rs 25,735 crore) deal to buy retail, wholesale and logistics activities in the future, as well as some other businesses.

But after the sudden seizure of Reliance’s stores, Future sought several assurances in a March 2 letter, which Reuters also saw, asking whether Reliance would stick to the deal without changing its price or terms.

In its March 8 response, Reliance said that future requests for reassurance should be viewed “in the light of the rapidly evolving situation.”

It added, “When and where the scheme (deal) is implemented, it will be in accordance with its terms.”

Thomson Reuters 2022

---

Comments

Production of the Volkswagen Vertus began at the company’s Chakan plant. (Photo: Volkswagen)

Volkswagen recently announced the start of production of the upcoming Virtus sedan. The latest entrant in the premium midsize sedan segment will be built at the Chakan facility in Pune, India. Virtus falls under VW’s India 2.0 project and a second offer has been made on the MQB A0 IN platform with a localization level of up to 95 percent. The first, of course, was Taigun. Volkswagen India has already opened pre-booking for Virtus. In addition, it will come in six exterior color options such as Wild Cherry Red, Carbon Steel Gray, Reflex Silver, Curcuma Yellow, Candy White and Rising Blue.

“The New Volkswagen Virtus is a unique offer that brings innovation and excitement to the premium midsize sedan segment. The unprecedented response to the World Premiere has boosted our confidence. The new Virtus is perfectly designed for aspiring Indian customers and as soon as production starts, we look forward to launching an attractive, delightful and German-engineered sedan for the Indian market very soon, ”said Ashish Gupta, Brand Director, Volkswagen Passenger Cars India.

When it arrives, Virtus will be available with two TSI engine options – 1.5-liter, four-cylinder, turbo petrol and 1.0-liter, three-cylinder, turbo-petrol. Like Slavia, the gearbox options will remain the same. A six-speed manual, common to both engines; And a seven-speed DSG (1.5-liter TSI) and a six-speed torque converter unit (1.0-liter TSI). Both engines will be equipped with a passive start / stop system with 40+ active and passive safety features. In addition, large TSI motors will receive Active Cylinder Management Technology (ACT).

The brand new Virtus is said to be the longest car in the premium midsize sedan segment (4,561 mm) and it also offers 521-liter boot space. The Volkswagen Vertus is expected to arrive in India in May and will compete with Skoda Slavia, Honda City, Hyundai Verna and Maruti Suzuki Ciaz. We hope that its price will be a little more premium than that of its sibling – Skoda Slavia.

Japan’s Panasonic posted more than the expected 44 percent slide in its third-quarter operating profit on Wednesday, hit hard by rising costs for raw materials, material shortages and declining internal sales for machinery.

Panasonic has sought to reduce its reliance on low-margin consumer electronics and equipment, shifting its focus to automotive batteries, manufacturing equipment, components and, most recently, supply chain management services for Tesla.

That said, consumer and household appliances, which benefited from increased home sales during the coronavirus lockdown, are still responsible for a large portion of revenue.

Operating profit for the three months to December 31 fell to JPY 73 billion (approximately Rs. 4,772 crore), much lower than a referential consensus estimate of JPY 107 billion (approximately Rs. 6,994 crore).

The industry body said the profit margin in the division, where its consumer and household appliances business is concerned, was due to rising prices of iron, copper and other materials.

Other segments that have had to adapt to rising material prices and material shortages include its automotive business, which manufactures sensors and other car components, and its power business, which has recently benefited from increased battery sales to Tesla.

Its decade-old partnership with Tesla is benefiting from increased sales of electric vehicles since last year. Panasonic is set to begin delivering a new generation of batteries to US automakers that will reduce EV production costs and expand the range of vehicles.

Third-quarter profits also declined by 1 7.1 billion (approximately Rs. 53,068 crore) in asset-related assets and debt revaluations, according to Blue Yander, a U.S. company that uses machine learning to help companies connect warehouses and retailers. . The amount of revaluation was not disclosed.

Panasonic has sold about 400 billion JPY (approximately Rs 26,149 crore) of Tesla shares to fund the acquisition.

Panasonic is stuck with a full-year forecast for its JPY 370 billion (approximately Rs 24,188 crore) annual profit – which is consistent with analysts’ forecasts.

Thomson Reuters 2022

---

Microsoft on Thursday launched its ‘Microsoft for Startups Founders Hub’ in India – a platform that will help founders at every stage of their startup journey, with over $ 300,000 (approximately 2. 2.2 million) in benefits, including technology and equipment. Technology giants and partners.

Microsoft for Startups Founders Hub is a new digital and inclusive platform for startup founders in India, the company said.

Announcing the initiative at a virtual briefing, the company said the platform offers সুবিধা 300,000 (approximately Rs 2.2 crore) worth of benefits and credit, giving startups free access to the technology, tools and resources they need to build and run their businesses. .

Startups will be able to gain opportunities for consultation and expertise with industry experts and Microsoft Learn.

Sangeeta Bavi, Director – Microsoft India’s startup ecosystem observes that disruptive innovation in Indian startups is accelerating the country’s position to become one of the world’s leading startup hubs.

“Microsoft for Startups Founders Hub was created after extensive research and conversations with hundreds of founders who clearly share their need for access to a digital ecosystem regardless of background, location, progress or passion that promotes opportunity and democratizes innovation.”

“We look forward to seeing how our new offer will support more founders in Asia and provide them with access to the technology, tools and resources they need to build and operate their businesses,” said Bavi.

As the third largest ecosystem for startups in the world, India has vast opportunities for emerging businesses across the industry.

Microsoft for Startups Founders Hub is specifically designed for beginner startups to reduce barriers to business creation, act as a catalyst for entrepreneurship and innovation and contribute to making the journey from an idea to a unicorn easier.

It is available to all startups in India, without third party legitimacy or funding, and emphasizes Microsoft’s commitment to strengthen startups’ ambition to drive innovation from India.

Beyond access to technology, Microsoft for Startups Founders Hub aims to empower entrepreneurs by connecting with their mentors for innovation and development who will provide industry, business and technical support to guide them to their next business milestones.

---

What is a Discord Sticker?

Comments