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Amazon Grand Festive Sale Begins: Deals and Offers on Smart TVs Revealed

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Amazon Grand Festive Sale is currently underway. The ecommerce giant’s sale is focused on smart TVs from a wide range of brands. Consumers can find smart TVs from brands such as Samsung, Sony, LG, Redmi, Mi, Hisense, TCL, Acer, Vu, and more. As per the online marketplace, people can get up to 65 percent discounts on their purchases. Additionally, by using HDFC and SBI bank debit and credit cards, consumers can avail up to Rs. 5,000 as an instant discount.

When is the Amazon Grand Festive Sale?

The Amazon Grand Festive Sale started on Friday. It will continue till April 9. The five-day-long sale offers smart TVs from a variety of brands in different display sizes. Those who are planning to buy a new smart TV or are looking to upgrade their existing device can take advantage of the deals and discounts offered by the ecommerce giant.

What to expect from the Amazon Grand Festive Sale?

According to Amazon, the sale will feature smart TVs from a multitude of brands. The sale features television displays in 32-inch, 43-inch, 50-inch, 55-inch, and 65-inch sizes. While all devices have some inherent discount offered by the platform which goes up to 65 percent, there are also third-party offers that can significantly bring down the price of the purchase.

Upon using HDFC and SBI bank credit and debit cards, users can get up to Rs. 5,000 instant discount on their purchases. Amazon is also offering up to 18 months of no-cost EMI on select devices on choosing supported credit cards. There are also exchange offers on exchanging existing smart TVs in working conditions.

As per the online marketplace, consumers can get an exchange value of up to Rs. 6,000 and an extended warranty of up to four years during the sale. However, it should be noted that the exchange value is decided by Amazon based on its criteria.

Alongside LED TVs, the sale will also offer QLED and OLED TVs with attractive price cuts. The company said that on select devices the no-cost EMI starts at Rs. 750 a month. Amazon offers more than 300 smart TVs on its website as well as Android and iOS apps. The ecommerce platform will also provide installation at the time of delivery.


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Toyota Kirloskar Motor targets premium segment growth in India

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Toyota Kirloskar Motor is adapting to evolving customer preferences in India by expanding its portfolio with more premium models. The company aims to

Toyota
Toyota Kirloskar Motor is gearing up to introduce more premium models in India, capitalising on the growing preference for larger vehicles in the market.

Toyota Kirloskar Motor is set to introduce more premium models in India as customers show a growing preference for larger vehicles in the market. The company, known for models like the Innova and Fortuner, recently launched the entry-level SUV Urban Cruiser Taisor, expanding its range in the country.

According to a report by PTI, Tadashi Asazuma, Deputy Managing Director (Sales and Marketing) at Toyota Kirloskar Motor, stated that the company aims to cater to diverse customer requirements in the market. Asazuma noted that Toyota plans to offer models with various powertrains, including hybrid and battery electric vehicles, in its portfolio in India.

Asazuma highlighted the shift in customer preferences from small cars to larger vehicles as a key factor driving the company’s expansion plans. Toyota is even increasing its production capacity with a new manufacturing plant to accommodate new models.

Regarding the introduction of more premium cars, Asazuma stated, “We think it should be necessary.” He mentioned that the new plant in Bidadi, expected to start production in 2026, is part of the company’s preparation to meet customer demand.

Meeting the market demands

The share of SUVs in Toyota’s overall sales has risen to 50 per cent in FY24, while the share of entry-level and sedan models has declined. Asazuma indicated that Toyota has a range of technologies available and is focused on meeting customer requirements. He emphasised that, for now, strong hybrid vehicles are seen as a practical solution for the Indian market, but the company is open to considering battery electric vehicles (BEVs) based on evolving customer demands.

Also Read : Twin sales record by Toyota in India; Fortuner, Innova remain hot favourites

Asazuma declined to provide a timeframe for introducing Toyota’s first BEV in India. He emphasised the importance of the Indian market for Toyota globally and expressed the company’s commitment to growing along with the Indian auto market, now the third-largest globally.

The introduction of the Urban Cruiser Taisor, Toyota’s version of Maruti Suzuki’s Fronx, is expected to attract more customers to the brand. Additionally, Toyota Kirloskar Motor has launched a new scheme for online sales, currently being piloted in Bangalore with plans for a wider rollout if successful.

Masakazu Yoshimura, Managing Director and CEO of TKM, highlighted the Indian market’s significance for Toyota, emphasising the company’s focus on localization, developing a skilled workforce, and achieving carbon goals in its business strategy for India.

Yoshimura added, “This emphasis was further underpinned by the recent creation of a new region where the Indian market plays an even more crucial role.” Looking ahead, the company’s business strategy in the market will be to continue to focus on contributing to national priorities of localisation, developing a highly skilled workforce, and achieving carbon goals.

First Published Date: 04 Apr 2024, 06:22 AM IST

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Aadhar Housing Finance 5000 Crore rupees IPO got sebi nod Blackstone will sell its stake through this issue

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Aadhar Housing Finance IPO: आधार हाउसिंग फाइनेंस के आईपीओ को सेबी की मंजूरी मिल गई है. इसके साथ ही अफोर्डेबल हाउसिंग सेक्टर में काम करने वाली होम फाइनेंस कंपनी के 5000 करोड़ रुपये के आईपीओ का रास्ता साफ हो गया है. आधार हाउसिंग फाइनेंस (Aadhar Housing Finance) ने 2 फरवरी को बाजार नियामक सेबी (SEBI) के पास अपने आईपीओ दस्तावेज दोबारा से जमा किए थे. इस कंपनी को ब्लैकस्टोन (Blackstone) जैसी दिग्गज कंपनी का समर्थन प्राप्त है. 

आईपीओ के जरिए अपनी हिस्सेदारी बेचेगी ब्लैकस्टोन

मनीकंट्रोल ने सूत्रों के हवाले से दाखिल रिपोर्ट में दावा किया है कि सेबी से इस बड़े आईपीओ को मंजूरी मिल गई है. आधार हाउसिंग फाइनेंस इसी वित्त वर्ष में आईपीओ लेकर आएगी. रिपोर्ट के अनुसार, होम फाइनेंस कंपनी के इस आईपीओ में लगभग 1000 करोड़ रुपये के फ्रेश शेयर के साथ ही लगभग 4000 करोड़ रुपये का ऑफर फॉर सेल भी होगा. इसके जरिए ब्लैकस्टोन अपनी हिस्सेदारी बेचेगी. आईपीओ के जरिए आधार हाउसिंग फाइनेंस कंपनी अपनी भविष्य की पूंजी जरूरतों को पूरा करना चाहती है. इस आईपीओ के लिए आईसीआईसीआई सिक्योरिटीज, कोटक महिंद्रा कैपिटल, नोमुरा, सिटी और एसबीआई कैपिटल को सलाहकार नियुक्त किया गया है.

मई, 2022 में भी आईपीओ लाने की मिली थी मंजूरी

इससे पहले आधार हाउसिंग फाइनेंस ने आईपीओ पेपर्स जनवरी, 2021 में दाखिल किए थे. कंपनी को मई, 2022 में आईपीओ लाने की मंजूरी भी मिल गई थी. हालांकि, कंपनी एक साल तक आईपीओ नहीं लाई. इसके चलते मंजूरी की वैधता खत्म हो गई थी. इसके बाद कंपनी को दोबारा से आईपीओ दस्तावेज सेबी के पास जमा करने पड़े थे. हाल ही में भारत आए ब्लैकस्टोन के प्रेसिडेंट और सीओओ जोनाथन ग्रे ने कहा था कि अभी हम शुरुआती चरणों में हैं. भविष्य में कंपनी इंफ्रास्ट्रक्चर, इक्विटी और प्राइवेट क्रेडिट के सेक्टर में भी कदम रख सकती है.

बजाज हाउसिंग फाइनेंस भी बड़े आईपीओ की तैयारियों में 

हाउसिंग फाइनेंस सेक्टर में एक और बड़ी कंपनी बजाज हाउसिंग फाइनेंस (Bajaj Housing Finance) भी अपने आईपीओ की तैयारियों में जुटी हुई है. बजाज फाइनेंस (Bajaj Finance) की सहयोगी कंपनी लगभग 8000 करोड़ रुपये का आईपीओ मार्केट में ला सकती है. यह आईपीओ उसे आरबीआई के ने नियमों की वजह से लाना पड़ रहा है. इससे पहले दिसंबर, 2023 में इंडिया शेल्टर फाइनेंस (India Shelter Finance) ने 1200 करोड़ रुपये के आईपीओ के साथ मार्केट में एंट्री की थी.

ये भी पढ़ें 

Salary Hike: अच्छी सैलरी हाइक देने को तैयार इंडिया इंक, जूनियर्स को मिलेगी तवज्जो  

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Cardless cash deposits via UPI apps: Everything you may want to know

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With the Unified Payments Interface (UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches.

Although it is a natural progression in the continuum of fintech evolution we are all witnessing, it still came as a pleasant surprise when Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday at the culmination of bi-monthly monetary policy committee (MPC) meeting.

“The RBI’s proposal for UPI cash deposits is a material leap forward. Faster and more convenient cash deposits translate to a smoother overall experience. By leveraging UPI technology, customers will experience heightened ease and flexibility in managing their finances,” says Neeraj Gupta, MD, Branch International, a fintech app.

It is noteworthy that cardless cash withdrawals at ATMs were enabled in 2023 via UPI. 

These are the key points you need to know:

1. As of now, the RBI has announced that depositors can use UPI to deposit cash at cash deposit machines installed at ATMs and banks. The RBI is yet to share more details on this.

2. To carry out cardless cash withdrawal, these are the steps one has to follow:

A. Choose the option of UPI cash withdrawal on the ATM machine.

B. Enter the amount you want to withdraw

C. A QR code will be shown on the ATM.

D. Open the UPI app on your mobile phone and scan the QR code displayed on the machine.

3. The RBI has rolled out this facility to enhance customer experience and to make the currency handling process at banks more efficient. 

Based on these steps, one can understand that the steps that one needs to follow will be similar, if not the same to deposit the cash as well.

So, when the new set of rules comes into force, this could be the expected set of steps to take:

These could be the likely set of steps:

1. Enter the ATM/ bank branch which has a cash deposit machine carrying your smartphone and wads of notes that you want to deposit. By now, you must have understood that what you do not need to carry is the debit card.

2. Look for the UPI cash deposit option at the ATM.

3. Enter the correct amount that you want to deposit which will lead to the display of a QR code on the screen.

4. Open the UPI app on your phone and scan this QR code displayed on the screen of CDM.

5. Keep the currency notes inside the vent for the machine to count and accept. 

6. Transaction will be completed and will be duly acknowledged at the machine as well as in your UPI app.

It is worth remembering that the RBI will soon release the instructions for the newly announced facility.  

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Published: 05 Apr 2024, 07:44 PM IST

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