Renault Captur launch by Diwali, to take on Creta, XUV 500

While a launch date hasn’t been specified, the Renault Captur is expected to go on sale in India around Diwali in October. Photo: AFP

While a launch date hasn’t been specified, the Renault Captur is expected to go on sale in India around Diwali in October. Photo: AFP

Mumbai: French auto major Renault is planning to do an encore of its runaway success with the Duster and the small car Kwid, with its new premium SUV, the Captur that’s slated for Diwali launch.

Sumit Sawhney, managing director & chief executive of Renault India told PTI that the much-talked-about launch will take place in the December quarter, but refused to specify whether it could be a Diwali offering or not. The crossover SUV is also known as Kaptur in some global markets like Russia and Captur in Europe which is based on the Clio’s platform. But the Captur that’s coming to the domestic market is a crossover on the Duster platform and will be “positioned at a very premium over the Duster,” he said.

Sounding very bullish, he said Captur is a globally tested SUV having already sold over 1 million units. “We hope to repeat the same level of success here with the Captur”. According to industry analysts, the Captur will take on the Hyundai Creta and the top-end model may take on the Mahindra XUV500, the recently launched Tata Hexa and also Nissan’s Kicks expected by the end of the year.

According to analysts, the SUV may come in two engines options—a 1.6-litre petrol and a 2-litre diesel power train and may be priced around Rs12 lakh, which is the more or less same at that of the Creta. The compact SUV segment is the fastest growing cornering a fourth of the market pie. Launch is expected to cash in on this segment as Renault’s larger SUV, the Koleos, has failed in India therefore withdrawn now.

“The five-seater compact SUV with ‘cross-over DNA’ will be a very premium offering and much higher than the Duster. The new SUV will be rolled out from the company’s Chennai plant,” Sawhney said. The largest European car brand in the country with around 5% market share has primarily two models—the entry level SUV Duster and two variants of its small car Kwid-0.8 litre and 1 litre, which has been specially made for this market and the biggest volume grosser.

Despite media reports that Kwid is facing some headwinds, Sawhney said the “car is selling as per expectation, in fact exceeding our expectation of 8,000-10,000 units in all the seven months of 2017. In fact in most of the months, we have crossed 10,000 units. Together, we have sold around 58,000 units so far in 2017. We were the seventh largest carmaker here and still continues to be now.

“We have completed a little over five years but we are already the No. 1 European car brand here. We’ve a long-term commitment to this market and will continue to aggressively ramp up our network and build on our product offensive strategy to drive volumes. We still stick to our target of being the among the top five players by 2020,” he said.

In this regard he also said the company has already opened 300 outlets, making it the fastest network ramp-up in the country and will have 20 more by December. “Our network expansion is more focused on small towns. For instance we opened 10 outlets on a single day in Kerala taking the overall number 30 in the Southernmost state,” Sawhney added.

On the new launch he said, the Captur has a sensual crossover French design which is a unique vehicle class, clearly reflecting our new global design DNA. The Captur will have features like projector headlamps with C-shaped LED DRLs, large front grille and alloy wheels. Inside the cabin, the crossover will have a 7-inch touch screen compatible with Bluetooth, USB and AUX apart from steering mounted controls, automatic climate control and a flat-bottomed steering wheel.

[“Source-livemint”]

Paytm Looking to Launch Payments Bank Before Diwali

Paytm Looking to Launch Payments Bank Before Diwali

Digital payment platform Paytm is readying a budget of Rs. 350-500 crores to roll out its payments bank and eyeing an October launch before Diwali this year, a top executive said.

“It is a large budget of about Rs. 350-500 crores. We are working on the launch of services. Technology implementation will take a bit more time. We think that we will definitely launch it before Diwali,” Paytm Payments Bank CEO Shinjini Kumar told PTI.

Earlier in May, Paytm CEO Vijay Shekhar Sharma had talked about August rollout.

Explaining the deferred timeline, Kumar said the company is trying to get a handle on newer issues in the run-up to the launch.

“The more we are getting into this, the more we are learning, everyday is a new understanding and learning,” Kumar said.

“And we are also trying to find different ways to solve some of the perennial problem like data connectivity, biometric authentication and all that. So, in terms of the actual rollout, there are a few more decisions that we will take.”

The Noida-based digital payment firm Paytm had won the payments bank licence from the Reserve Bank last year.

Payments bank can accept demand and savings bank deposits from individuals and small businesses, up to a maximum of Rs. 1 lakh per account.

The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north, to begin with.

“We definitely have the east and north of India as our priority areas, particularly for financial inclusion,” she said.

The company, Kumar added, has plans to take its payments bank services wherever Paytm has its reach today.

“We take the responsibility to reach out to new sections of society very seriously… That is because they are the new consumers who actually will migrate using the digital,” Kumar explained.

As part of the payments bank launch preparations, the company executives have criss-crossed India to get a sense of how the poor look at technology to solve their problems, she said further.

Disclosure: Paytm founder Vijay Shekhar Sharma’s One97 is an investor in Gadgets 360.

Tags: Apps, India, Internet, Payments Bank, Paytm, Paytm Payments Bank, Vijay Shekhar Sharma
[“Source-Gadgets”]

Paytm Looking to Launch Payments Bank Before Diwali

Paytm Looking to Launch Payments Bank Before Diwali

Digital payment platform Paytm is readying a budget of Rs. 350-500 crores to roll out its payments bank and eyeing an October launch before Diwali this year, a top executive said.

“It is a large budget of about Rs. 350-500 crores. We are working on the launch of services. Technology implementation will take a bit more time. We think that we will definitely launch it before Diwali,” Paytm Payments Bank CEO Shinjini Kumar told PTI.

Earlier in May, Paytm CEO Vijay Shekhar Sharma had talked about August rollout.

Explaining the deferred timeline, Kumar said the company is trying to get a handle on newer issues in the run-up to the launch.

“The more we are getting into this, the more we are learning, everyday is a new understanding and learning,” Kumar said.

“And we are also trying to find different ways to solve some of the perennial problem like data connectivity, biometric authentication and all that. So, in terms of the actual rollout, there are a few more decisions that we will take.”

The Noida-based digital payment firm Paytm had won the payments bank licence from the Reserve Bank last year.

Payments bank can accept demand and savings bank deposits from individuals and small businesses, up to a maximum of Rs. 1 lakh per account.

The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north, to begin with.

“We definitely have the east and north of India as our priority areas, particularly for financial inclusion,” she said.

The company, Kumar added, has plans to take its payments bank services wherever Paytm has its reach today.

“We take the responsibility to reach out to new sections of society very seriously… That is because they are the new consumers who actually will migrate using the digital,” Kumar explained.

As part of the payments bank launch preparations, the company executives have criss-crossed India to get a sense of how the poor look at technology to solve their problems, she said further.

Disclosure: Paytm founder Vijay Shekhar Sharma’s One97 is an investor in Gadgets 360.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Tags: Apps, India, Internet, Payments Bank, Paytm, Paytm Payments Bank, Vijay Shekhar Sharma
[“Source-Gadgets”]

Amazon Diwali Sale: iPhone 6s, MacBook Pro, and Other Offers

Amazon Diwali Sale: iPhone 6s, MacBook Pro, and Other Offers

In case you missed the earlier online festive season sales, the Amazon Great Indian Diwali Sale is back. You’ll find offers across all categories on Amazon from 26th to 28th October. We’ve got the best deals in technology from the first day of the Amazon Diwali sale right here.

Here are a few tips to help you make the most out of the Amazon Great Indian Diwali Sale:

1) Almost all decent deals would be a part of Lightning Deals. This means a limited set of products will be available at a special price and you’ll have just 15 minutes to checkout.

2) In case you miss a Lightning Deal, it’s always wise to join the waitlist.

3) Most Lightning Deals are renewed once they end, so make sure you don’t give up easily.

4) Use a Citibank card to make a payment to get an additional cashback of 10% on the items available during Amazon Great Indian Diwali Sale (maximum cashback of Rs. 1750).

1. Apple iPhone 6S
Apple’s iPhone 6S may have been the most expensive iPhone ever launched in the country, but hasn’t stopped fan boys and girls from grabbing one on day zero. In case you’re one of those who waited for the dust to settle, Amazon is selling select variants in 16GB and 64GB models at a discount.

You can grab the iPhone 6S 16GB silver and gold for as low as Rs. 56,000 and the 64GB variant in silver for Rs. 66,000 as part of the Amazon Great Indian Diwali Sale. This is the lowest possible price till now, without a cashback offer. In case you pay using a Citibank card till 28th, you can also grab another Rs. 1750 off in the form of a cashback. The 16GB space grey variant is down to Rs. 55,990. All these are Fulfilled by Amazon listings so you can be rest assured they will be genuine units and the returns would be a lot easier if they aren’t.

iphone_6s_3d_touch_youtube_screenshot.jpgNote: Please select Phone only option on the product listing page at Amazon. These discounts are not applicable on phones that ship with bundled Vodafone offers.

Price: Starting from Rs. 55,990 (MRP Rs. 62,000)

Link: Amazon

2. JBL Flip 3 portable wireless speaker
The JBL Flip 3 portable speaker is available as part of Amazon Great Indian Diwali Sale at a discounted price of Rs. 7,999 for a limited time. The portable speaker supports Bluetooth connectivity, and can handle a few splashes of water. Remember, it’s not completely water proof though. There’s an in-built battery worth 3,000mAh that can last up to 10 hours on a full charge. There’s a microphone on the speaker that can allow you to make and receive phone calls while your smartphone is paired with the speaker. JBL claims you can clean the speaker under a running tap but just don’t submerge it.

Price: Rs. 7,999 (MRP Rs. 8,990)

Link: Amazon

3. Boat MFi certified Lightning cable
Apple’s default Lightning cables are known to be highly sensitive. If you end up breaking yours in months, get this Boat Lightning cable at Rs. 999 (MRP Rs. 1499) as part of Amazon Great Indian Diwali Sale. The cable is MFi certified which means it will be compatible with all devices that have a Lightning port. The biggest USP of this cable is its build quality. It includes a metal braided skin which can take care of day to day wear and tear without any issues. The cable is also almost tangle-free and a great one at this price.

boat_lightning_cable_amazon.jpgPrice: Rs. 999 (MRP Rs. 1499)

Link: Amazon

4. Micromax 40-inch full HD LED TV
Missed out on the VU LED TV deal on Flipkart during the Big Billion Day sale? The Micromax 40-inch full HD LED TV is now available at a sweet price of Rs. 20,990 (MRP Rs. 39,990). The TV normally retails at a price point of around Rs. 22,500. If you are in the market for a big-screen TV that comes at a budget, the Micromax 40-inch LED TV won’t disappoint you. It comes with with one year warranty along with an additional two-year extended warranty if you buy before 15 November. It comes with two HDMI ports and two USB ports.

Price: Rs. 20,990 (MRP Rs. 39,990)

Link: Amazon

5. Apple MacBook Pro 13-inch
The Apple MacBook Pro 13-inch with a 256GB SSD and 8GB RAM is now available at a discounted price of Rs. 92,999 (MRP Rs. 109,900) as part of Amazon Great Indian Diwali Sale for a limited time only. The MacBook Pro 13-inch is powered by Intel Core i5 processor, supported by 8GB of RAM. It comes with Apple’s new Force Touch trackpad which offers multiple gesture driven controls. The MacBook Pro will run OS X Yosemite out of the box but you can easily upgrade it to OS X El Capitan via the Mac App Store. If you are in the market for a high-end MacBook that can last the next few years easily, this would be a great purchase.

apple_macbook_pro_8_256_amazon.jpgPrice: Rs. 92,999 (MRP Rs. 109,900)

Link: Amazon

6. Apple iPad Air 2 16GB
The iPad Air 2 16GB with Wi-Fi and Cellular is now available for Rs. 40,990 (MRP Rs. 45,900) as part of Amazon Great Indian Diwali Sale Lightning Deals. The cellular variant is useful in case you’re planning to take the tablet with out while you’re out. The iPad Air 2 comes with a 9.4-inch Retina Display and includes Touch ID to unlock the home screen and pay for purchases using your fingerprints. There’s an iSight camera at the back, and a front-facing camera for video calls. The cellular chip supports Indian LTE bands as well as 3G networks in the country.

Price: Rs. 40,990 (MRP Rs. 45,900)

Link: Amazon

[“Source-Gadgets”]