While this is a bold move by Amazon, Flipkart's success(?) of Flyte is a proof that Indians do prefer to buy music online (so why not books?). Investors in Karnataka can track their projects at each step through a recently launched online portal. The online portal not only provides information about investment process but also helps investors to track the status of their projects with the government. Amazon has launched the India Kindle Store and also announced a partnership with digital retailer Croma to sell Kindle e-readers. Spurfy essentially bridges the ads and reviews of the products in the print media to purchasing. It acts as a marketplace by bringing in merchants, buyers and the magazines. India Post, the world's most distributed postal service just got a bit faster. To modernize mail processing centres, the Department of Post launched its first automated mail processing centre in Delhi on Tuesday at a cost of Rs 42 crore. Nearly a million mails can be handled by the new centre every day. Names such Daniel Ek, Drew Houstan and Ben Silbermann may not ring a bell, but their web innovations in the form of Spotify, Dropbox and Pinterest individually have millions of users per month. Eben Upton, the brain behind the wildly popular RasberryPi computer also finds his name in the roll call. As always, the Indian diaspora finds its worthy representation in the list. In terms of benefit to customers, Glee is targeting increase repeat purchase by 25%, word-of-mouth recruitment by 30% and in the whole process, bringing down one's customer acquisition cost by 25%. While Indian government successfully managed Google and Facebook to comply with the request to remove content from the websites, Twitter is facing government wrath as the company doesn't have presence in India. --------------------------- | | More to read:
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