quick reads

The business wrap: RBI reduces customer liability in online fraud cases, and 6 other top stories

Other headlines: The Centre introduced stricter penalties for manufacturers violating GST rules, and IndiGo called off its proposed deal with Air India.

A look at the headlines in the sector right now:

  1. RBI limits customer liability in online fraud cases, directs banks to register all for SMS alerts: The central bank said people cannot be made liable at all if they report unauthorised transactions within three working days.
  2. Manufacturers may go to jail for not printing revised MRP on unsold goods: The government amended the Legal Metrology Act, 2009, after consumers complained of arbitrary taxes on MRP.  
  3. IndiGo rules out joint venture with government in Air India deal: Founder Rakesh Gangwal said the airline will not be able to bring value to the proposal.
  4. Microsoft confirms thousands of layoffs, mostly outside the US: The tech giant is shifting its sales strategy to focus more on cloud services than on its traditional server and desktop business.
  5. Mercedes-Benz India records best ever sales in June quarter, reports 18% growth from last year: Between January and June this year, the German luxury carmaker sold a record 7,171 units.  
  6. France plans to ban petrol and diesel vehicles by 2040: Environment Minister Nicolas Hulot said the government aims to make the country carbon neutral by 2050. 
  7. UK court rejects Vijay Mallya’s request for extradition hearing date extension: The liquor baron’s defence team claimed they had received more material as ‘further evidence’ only on Wednesday, and should be allowed to examine it.  
Support our journalism by subscribing to Scroll+ here. We welcome your comments at letters@scroll.in.
Sponsored Content BY 

Get ready for an 80-hour shopping marathon

Here are some tips that’ll help you take the lead.

Starting 16th July at 4:00pm, Flipkart will be hosting its Big Shopping Days sale over 3 days (till 19th July). This mega online shopping event is just what a sale should be, promising not just the best discounts but also buying options such as no cost EMIs, buyback guarantee and product exchanges. A shopping festival this big, packed with deals that you can’t get yourself to refuse, can get overwhelming. So don’t worry, we’re here to tell you why Big Shopping Days is the only sale you need, with these helpful hints and highlights.

Samsung Galaxy On Nxt (64 GB)

A host of entertainment options, latest security features and a 13 MP rear camera that has mastered light come packed in sleek metal unibody. The sale offers an almost 40% discount on the price. Moreover, there is a buyback guarantee which is part of the deal.

Original price: Rs. 17,900

Big Shopping Days price: Rs. 10,900

Samsung 32 inches HD Ready LED TV

Another blockbuster deal in the sale catalogue is this audio and visual delight. Apart from a discount of 41%, the deal promises no-cost EMIs up to 12 months.

Original price: Rs. 28,890

Big Shopping Days price: Rs. 10,900

Intel Core I3 equipped laptops

These laptops will make a thoughtful college send-off gift or any gift for that matter. Since the festive season is around the corner, you might want to make use of this sale to bring your A-game to family festivities.

Original price: Rs. 25,590

Big Shopping Days price: Rs. 21,900


If you’ve been planning a mid-year wardrobe refresh, Flipkart’s got you covered. The Big Shopping Days offer 50% to 80% discount on men’s clothing. You can pick from a host of top brands including Adidas and Wrangler.

With more sale hours, Flipkart’s Big Shopping Days sale ensures we can spend more time perusing and purchasing these deals. Apart from the above-mentioned products, you can expect up to 80% discount across categories including mobiles, appliances, electronics, fashion, beauty, home and furniture.

Features like blockbuster deals that are refreshed every 8 hours along with a price crash, rush hour deals from 4-6 PM on the starting day and first-time product discounts makes this a shopping experience that will have you exclaiming “Sale ho to aisi! (warna na ho)”

Set your reminders and mark your calendar, Flipkart’s Big Shopping Days starts 16th July, 4 PM and end on 19th July. To participate in 80 hours of shopping madness, click here.


This article was produced by the Scroll marketing team on behalf of Flipkart and not by the Scroll editorial team.