Kampani is set to take charge of food and grocery retail business of the $41 billion conglomerate from October 3.
The decision to postpone the India launch of the Note 7, which has been plagued with overheating battery problems, was taken by the company on Wednesday.
The RBI barred banks from offering “zero percent EMI schemes” on credit cards in 2013, saying the interest payable was camouflaged and passed on to consumers.
In India, 32-inch screen size TVs are still the largest-selling, commanding 37 per cent of sales, followed by 40-42 inch sets, which account for 15% of sales.
Several apparel brands claim that online companies are now chasing profitability and are not over-ordering merchandising to get bulk discounts.
Microtek will showcase the range to business professionals, architects, interior designers and urban planners.
Amazon plans to incentivise top 200 spenders among its sellers, wanting them to splurge at least three times more than the monthly average on ads & promotions.
OnePlus plans to expand the number of experience stores next year in India based on success of the maiden outlet, while it expects to start local manufacturing.
3G smartphone demand declining, handset makers like Samsung, Micromax and others to launch only 4G phones
Retailers said demand for 3G smartphones has been declining over the past two or three months, in the run-up to the launch of services by Reliance Jio.
Samsung is expediting the launch of the new Note 7, which may hit the Indian market around September 28-30.
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