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Scenic Greek isles & classical Greece

Join Jaideep Mukerji on a trip across Greece. Fabulous ruins, superb scenic beauty and great food. Greece is worth a visit for many reasons


Greece, a small southern European country of 11 million people, has a history that has shaped the modern day world. Ancient Greece is recognised as the cradle of Western civilisation, the birthplace of democracy, the birthplace of the Olympic...

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Social networking boosts e-commerce market

Social commerce continues to gain popularity around the globe, especially in the US, with the rising popularity of e-gifting, under which users send tangible gifts to their loved ones from retailers through Facebook and email

 
Mumbai: Increasing social networking will give a big boost to the already burgeoning e-commerce market in India that has touched the Rs50,000 crore-mark last year, reports PTI quoting a recent industry study.
 
The social media population hooked onto Facebook, Twitter, etc has risen many folds and they have widened the scope of social commerce, it said.
 
According to latest Internet and Mobile Association of India, with 150 online populations, the country is the third largest in terms of internet users after China and the US. Out of this, 50 million are on Facebook and 13 million on Twitter, taking the size of social media universe to 63 million.
 
This also makes the country the second largest Facebook market after the US, while the sixth largest for Twitter, says ICICI Merchant Services and First Data general manager Amrish Rau, adding most of these social media members are also actively taking up e-commerce transactions.
 
"Going by the current growth rates, social e-commerce is the next step in evolution, combining the comfort and ease of use of social media and e-tailing," says Rau.
 
Social commerce continues to gain popularity around the globe, especially in the US, with the rising popularity of e-gifting, under which users send tangible gifts to their loved ones from retailers through Facebook and email, he added.
 
ICICI Merchant Services and First Data is a joint venture between the country's private sector bank major and the US Corporation, which is a global leader in electronic commerce and payment services.
 

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Live from a lounge: Redeeming your airline miles

A few weeks back, we wrote about the importance of loyalty with an airline. Here are some insights on how to redeem that free ticket

Just like the rest of the world, all the major full-service airlines in India run loyalty programmes. Jet Airways offers Jet Privilege; Air India (AI) offers Flying Returns; and Kingfisher Airlines offers King Club. In an earlier issue (Moneylife, 31 May...

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