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Amazon Now launched 2-hour Delivery Service in Delhi and Mumbai

By
Anjy
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Ecommerce Company Amazon.in has launched Amazon Now in the Delhi and Mumbai. With this ‘ Amazon Now ’ customers can shop over 5,000 everyday essentials products including fresh fruits vegetables as well as food items from local stores like Hypercity, Spar, Modern Bazaar, Easy Day, BigBazaar, SRS, and my247market.com

Amazon Company stated “the product will be delivered to their customer’s doorstep within two hours or in pre-scheduled time. Customers can download the Amazon Now app from the play store and enter their local pin code in shopping the products.”

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Already they have started this program in Bangalore, and they got a good response from the customers, so they have taken the step to expand this project in Delhi and Mumbai cities.

The Amazon Now team will work from 10 am to 10 pm. After booking the order within 2 hours time, they will give the delivery. They are offering free delivery on products above Rs 350. They will charge Rs 29 for schedule delivery and Rs 49 for express delivery.

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Amazon India category leader Saurabh Srivastava said “Our aim is to make our customers happy with the best selection and pricing across our platforms along with a pleasant delivery experience. After getting the positive response in the Bangalore, we have taken the decision of starting this Amazon Now service in metropolitan cities like Delhi and Mumbai. About 5000 products of everyday essentials are available in the store. Mostly within two to four hours, we will deliver the products.”

LMO Raids in Mumbai and Across Maharashtra State to Find Violations

By
Vasavi
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LMO in a surprise move has conducted raids in Mumbai based popular movie theatres and malls. Not a surprise, but they have been booked for selling the products above (Maximum retail Price) MRP that is printed on the product.

In India it is common that almost very few products are sold as per MRP printed. Otherwise, it may be sometimes discounts or excess, but never the less not MRP. This is the prevailing situation in Indian market.

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But according to the law it is clearly a violation of the consumer act prescribed in the Indian Constitution. To safeguard the consumer rights such laws have been framed. But to the maximum extent they are violated nationwide.

There is another practice by the sellers. Many products have double and even triple MRPs printed. And as usual the buyer is used to purchase them blindly. They are not even bothered to bring it to the notice of LMO. This is mainly because of the lack of knowledge among the consumers and buyers.

Coming back to the present scenario, around 19 outlets have been booked by the LMO authorities for the law violation. Mostly the food and beverage outlets and the movie theatres were booked for the illegal selling. Based on a compliant LMO conducted these raids.

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Around 345 establishments across the Maharashtra state were suddenly checked and 134 of them were booked under Legal Metrology Commodities Act section 18 for various violations. 19 of them are alone from the capital city Mumbai. The manufacturing companies were also issued notices for the mal practices of dual MRP printing.

To be more elaborate on the cases booked against establishments - 24 cases of Dual MRPs, 65 cases for selling more than MRP and 45 cases were booked for other violations.

Hyderabad, Mumbai, Delhi Tops in Black Money Declaration under IDS

By
Vasavi
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IDS details are furnished to public by the Indian union finance minister Arun Jaitley. As per Jaitley’s press conference, a total of 64,275 volunteer declarations have been made worth Rs. 65,250 crore. The date has ended by Sep 30th. He also stated that some of the disclosures are still under tabulation.

The income that will be generated from the declared undisclosed money would be Rs.29, 362.50 crore in the form of taxes and penalties.

A chance is given by the government for the declarants to pay their taxes or penalties in two installments. This fiscal year the government will receive nearly Rs.14, 681.25 crore and the next half in the coming fiscal year.

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As per the IDS, by paying a tax and penalty of total 45% (30% tax + 7.5% penalty + 7.5% surcharge) of their undisclosed income, the black money holders can come out clean. Utilizing this many were expected, but only 15% of the black money holders came as volunteers and the 85% came due to the information and data collected by the Income Tax department. Hyderabad, Mumbai, Delhi cities topped the list of declerations.

Jaitley assured that International Consortium of Investigative Journalists (ICIJ) stated names in the Panama Papers as well as the HSBC list are also under the scanner. Around 250 references have been given to other countries and steps are being taken to investigate them too.

In 1997 a total tax of Rs.9,760 crore was collected with the introduction of Voluntary Disclosure of Income Scheme (VIDS). The finance minister P Chidambaram has announced the scheme.

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Arun Jaitley also warned the undisclosed holders that a stringent action would be taken against them when caught. A total of 85% would be collected which constitutes 30% tax with an additional penalty of 50% from the hidden wealth.

Between the years 1951 to 1997, 10 amnesty schemes were announced to declare unaccounted money. They were misused mostly and did not fetch any fruitful results for the central government.

As far as the analysts think, this is the only third scheme that is successful in attaining the unaccounted money to a certain extent.

Google to Open Cloud Region in Mumbai by 2017

By
Vasavi
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Google is going to open new ‘Cloud Region’ in Mumbai, India. It will offer cloud platform services to enterprise customers and developers in India.

It is expected to launch the cloud region by 2017, in the lock region of India to help Google cloud platform services even faster for the Indian customers. The announcement was made at Horizon event in San Francisco. But the company didn’t disclose any financial details.

The business-to-business based cloud services are rebranded as Google cloud. With more than one billion end-users, Google Cloud has gained significant traction in India and also across the World. Its global customers’ already having Google Cloud Platform includes Snapchat Inc, Telus International, Pokemon Go and Evernote.

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“In India too, we have seen significant customer momentum with thousands of customers including major brands like Wipro, Ashok Leyland, Smartshift by Mahindra and Mahindra, Dainik Bhaskar Group and INshorts.com building on Google Cloud Platform,” the statement said.

By setting up the local data centre within India also helps the company provide to a larger number of customers. Especially for the government or financial services that often have regulations to not permit the data outside the country.

“By expanding to new regions, we deliver higher performance to customers. In fact, our recent expansion in Oregon resulted in up to 80 percent improvement in latency for customers. We look forward to welcoming customers to our new Cloud Regions as they become publicly available throughout 2017,” said Brian Stevens, vice president, Google Cloud, while speaking at Horizon.

Google Rebrands Their Enterprise Business as Google Cloud Along With Apps as G Suite

The company has announced its seven new Google Cloud Regions at Singapore, Sydney, Sao Paulo, London, Frankfurt and Finland that will come online by 2017 like the one region in Mumbai. Google also rebranded its ‘Google Apps for Work’ as ‘G Suite’ that contains apps like Gmail, Docs, Drive, Calendar, Hangouts and other apps that are designated for the workplaces.

Indian Navy on High Alert After Suspicious Men with Arms Found in Military Uniform

By
Vasavi
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Western Naval Command Mumbai has issued a high alert across the Coast line after four people spotted moving suspiciously in military uniform on Thursday. The incident took place in Uran which is about 47kms from Mumbai and interestingly, school children reported the suspicious men.

Police have closed down the schools and carrying searches as the information is sensitive. Inside the story, the children of school SES have spotted some people with weapons in black camouflage uniform near the Uran Navy base. The children alerted the local police, and the people had hidden their faces which made the children suspect them

“Children of Uran education society spotted the suspicious men, after which the police were informed,” says, Deputy Commissioner of Police Dilip Sawant, Navi Mumbai. “The searches were on, and so far nothing had been found,” he added.

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“I am only confirming that Navy is at a high state of alert after getting this input regarding suspicious activity reported by some school children in Karanja near Mumbai,” said captain DK Sharma.

Security has been boosted up across the sensitive locations in the Coast which include Raj Bhavan, Gateway of India, Bombay High Court, Bhabha Atomic Research Centre and other such near the sea.

Naval base present in Uran 50 kilometer from Mumbai evoked concerns of a repeat of militant’s attack happened on Sunday at an army base in Kashmir’s Uri town.

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18 soldiers were killed and raised tensions between Pakistan and India. Security forces have declared to let down infiltration bids in Kashmir.

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