GeoPost Acquired DTDC Stake from Reliance Capital for Rs 158 cr
French courier company GeoPost has acquired 42% stake in Indian courier and cargo company DTDC, reports the Business Line. Part of the deal, valued at Rs 158 cr saw the sale of 39.51% equity by Anil Ambani’s Reliance Capital to the French company. GeoPost acquired an additional stake in the company to notch up 42% stake in the company. The transaction will take the French company’s overall stake in DTDC to 40-42 per cent, said Abhishek Chakraborty, Executive Director, DTDC, the report said.
#flipkart Launches Notifications to Improve Conversion
Online retailer Flipkart has launched a notification center to improve sales, reports Medianama. The center alerts users when an item in a user’s wish list is available at a lower cost, the report said. Flipkart recently launched a payment gateway service called PayZippy for Indian merchants, pushing competition in the online payments industry which has incumbents like CCAvenue, PayTM, PayU. (Recommended Read: Comparison of Payment Gateways in India). Meanwhile, Amazon has officially announced the launch of Amazon affiliate program in India.
Nokia Music with MIX Radio now on Nokia Asha in India
After putting Nokia Here, a navigation feature on its low cost Asha platform, Nokia has announced that its free music streaming service Mix Radio will ba available on Nokia Asha smartphones. The music service was so far available on Nokia’s Lumia series.
The service will be available on Nokia Asha 305, 308, 310 and 311, the company said. Nokia Asha consumers already have unlimited access to more than 8 million songs on the Nokia music store. “With the addition of Mix Radio, the consumers can stream free music from a selection of more than 150 exclusive playlists, curated by expert musicologists and global artists,” Nokia said. One can also download and listen to up to four mixes offline.
Oneindia launches online bus ticketing
Language portal Oneindia has launched online bus ticketing service, powered by Redbus. To book a ticket, one has to go to bus.oneindia.in. The site offers various payment options such as credit cards, debit cards and net banking and doesn’t charge extra booking fees.
Redbus, the online bus ticketing company recently acquired by South African media group Naspers, powers the bus ticketing service for many portals with its back end service called BOSS.
Now you can follow the Jagannath Rath Yatra on Facebook
The Jagannath Rath Yatra begins tomorrow. For those who can’t make it in person, there is a Facebook page for that. According to a report which cites a local priest, devotees can worship the photo pasted on an official Facebook page! We don’t really see a point in this. However, this is a bit of a change from how it used to be earlier. Value added services players used to play in this area earlier. It appears that the temple officials are doing it themselves nowadays.