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In April 2016, Sachin and Binny Bansal were named to Time magazine's annual list of the 100 Most Influential People in the World. [175] Flipkart was reported to be at the top in the annual Fairwork India Ratings 2021 - which is a 10-point system that creates a score based on fair pay, conditions, contracts, management, and representation. [176]
Following the unsuccessful plan to merge with Flipkart, Snapdeal pursued a new strategy it called Snapdeal 2.0. The initiative saw the sale of non-core businesses, Freecharge and Vulcan Express, to dedicate more resources to Snapdeal's e-commerce marketplace, which is its core business. [13] [14] The strategy yielded strong results.
Diwali is not a festival for most Buddhists, with the exception of the Newar people of Nepal who revere various deities in Vajrayana Buddhism and celebrate Diwali by offering prayers to Lakshmi. [ 2 ] [ 22 ] Newar Buddhists in Nepalese valleys also celebrate the Diwali festival over five days, in much the same way, and on the same days, as the ...
Diwali is preceded by Navaratri, another Hindu festival that is observed every autumn over the course of nine nights. This year, Navaratri ran from 3 October to 12 October.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Diwali: Floating Hindu festival of lights. It is celebrated on the new moon day in the month of Ashvin or Kartika in the Hindu Calendar [14] Sikh festival to celebrate Bandi Chhor Divas in remembrance of the release of Guru Hargobind from the Gwalior Fort prison by the Mughal emperor Jahangir and the day he arrived at the Golden Temple in Amritsar.
Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali (Deepawali), a big festival for citizens of India. [1] Usually, it is held during evening hour and is announced by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.
In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. [150] In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year. [151]