Snapdeal zooms into auto category; eyes $2 bn GMV
New Delhi: Online marketplace Snapdeal has partnered automobile companies like Mahindra, Hero MotoCorp and Piaggio to sell bikes and cars online. The city-based firm expects transactions facilitated through its platform to touch $2 billion (about Rs13,000 crore) in the
next two years for the automobile category. "We have sold bikes through our platform and received a phenomenal response. Through Snapdeal Motors, we want to offer consumers benefits of e-commerce, including convenience and deep assortment," Snapdeal Senior Vice President Partnerships and Strategic initiatives Tony Navin told reporters here.
Cognizant Q3 net up 12% at $397 mn; raises revenue guidance
New York: Buoyed by a strong growth in healthcare and digital services business, IT major Cognizant today posted a 11.69 per cent rise in net profit for the September quarter and has revised upwards its annual revenue for the third time this year.
IDSA-FICCI delegation meet N. Chandrababu Naidu
New Delhi: Indian Direct Selling Association along with Industry Chamber FICCI met Andhra Pradesh Chief Minister, N Chandrababu Naidu on Wednesday to discuss issues the Direct Selling Industry is facing in the state. The meeting was held in Andhra Pradesh Bhawan in New Delhi.