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MUMBAI: Smile Group, one of the earliest Indian firms to foray into e-commerce, is restructuring its businesses in a bid to make a comeback in the sector in 2015. The owners of flash sales site FashionandYou plans to change the business model of its group buying site DealsandYou as part of the restructuring exercise. It has also shuttered its online footwear store BeStylish.  "The unit economics for the group buying model doesn't make sense in this market. We've shrunk that business and will announce a pivot in a month," said Harish Bahl who founded Smile in 1999.  The group's e-commerce revival bid will be largely driven by FashionandYou, with support from its lifestyle brand Freecultr and online fashion jewellery shop Juvalia & You. The three currently account for combined gross merchandise value (GMV) — or total sales value of products sold on the portals — of about $80 million, or approx Rs 510 crore.  B

The new year is just a few hours away and that couch in front of your TV is the last place you want to be seen welcoming 2015. Get up and get ready to party... in style. If you are still waiting for an invite to that private party you friend is hosting (and, be honest, don't see it coming at least this year), don't sulk. Read on and take your pick from the most happening places in your city this new year's eve. DELHI Venue:   Parikrama, The Revolving Restaurant The deal: It's by far the highest place in the capital to party on December 31: On the 25th floor of the revolving restaurant in Lutyen's Delhi. DJ K Kaber will give you company while you relish the unlimited beverages and snacks. Pricing: Rs 4,500 for a couple;  Rs.  2,000 for single woman (all inclusive) . Venue:   The Townhouse Café The deal: If Bollywood music is what makes you get off that couch, this is the place you should head to. And in between those trips to the dan

The smartphone that measures 4.85mm in thickness, will be available for pre-booking starting January 1, 2015 onwards. NEW DELHI: China headquartered smart devices maker Oppo has launched R5, one of the slimmest smartphones at the moment, at Rs 29,990. The smartphone that measures 4.85mm in thickness, will be available for pre-booking starting January 1, 2015 onwards. The phone was launched in late-October at $499. Powered by a 1.5GHz Qualcomm Snapdragon 615 octa core 64bit processor, Adreno 405 GPU and 2GB RAM, the phone sports a 5.2-inch full-HD AMOLED display. It comes with 16GB internal storage but doesn't feature a microSD card slot. The phone sports a 13MP rear camera with Sony Exmor IMX214 BSI sensor and a 5MP front facing camera with 83degree wide angle lens. It runs Color OS 2.0, based on Android 4.4 and has a 2000mAh battery. The phone feature Oppo's VOOC charging technology to get a 75% charge in 30 minutes. In terms of connectivity options, the

New Year 2015. (Source: Thinkstock) New Delhi |  Posted: December 31, 2014 6:03 pm   | Updated: December 31, 2014 6:47 pm As the clock ticks away and 2015 approaches closer,  here’s a collection of New Year confessions you dread accepting, however true. Take a look: 1.  Confession 1:  New Year is a new start of old habits. 2.  Confession 2: I can’t believe its been a year since I didn’t become a better person 3.  Confessions 3: I started thinking of dangers of drinking on new year. After that, I stopped thinking. 4.  Confession 4: I don’t have new year resolutions. You don’t need that crap when you’re perfect 5.  Confession 5: I will take a while getting used to using 2015 as date, and almost a year to remember my resolutions. 6.  Confession 6: New Years always make me feel like I am going through a break-up with one year old boyfriend. 7.  Confession 7: The resolution list is our bucket list; the bucket open on both sides 8.  Confession 8: