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Importance of Mobile Applications in Growth of Online Business

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Do you know more than 60% of players at online lottery sites are mobile users? Instead of deploying all resources to desktop websites, businesses need to focus on capturing more smartphone users, too. Having a professional website is not enough, and your business probably needs a dedicated and responsive smartphone app. As smartphones continue to dominate the global market, businesses are leveraging mobile applications to not only enhance their online presence but also to directly engage with their target audience.

Why does your Online Business need a Mobile App?

A web-based business stands to acquire various benefits by integrating a mobile application into its essential system. The requirement for a portable application emerges from the developing elements of purchaser conduct, mechanical patterns, and the serious scene.

Not every business has the required resources and skills to create custom websites and applications. WhiteLotto is one of the most popular white-label lottery software development companies. You can also hire WhiteLotto services to create your own lottery website or application. The next step is to grow and market your services. There are custom services in place to help you make your investment worth it. We can also help you scale your business with all the resources required in the local or international lottery landscape.

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With the multiplication of cell phones, a huge part of web traffic and internet business exchanges presently happen through cell phones. Having a versatile application guarantees that your business is effectively open to clients who favor the comfort of cell phones and tablets for their internet-based exercises.

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Accessibility Anytime, Anywhere

One of the primary advantages of mobile applications is the ability to provide users with on-the-go access to products and services. As smartphones have become an integral part of our daily lives, having a mobile app ensures that potential customers can connect with your business at any time and from anywhere. This increased accessibility translates into more opportunities for user interaction, leading to heightened brand engagement and potential sales.

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Building Brand Loyalty and Trust

Mobile apps offer a direct channel for businesses to build and strengthen their brand image. Through consistent branding, personalized experiences, and a user-friendly interface, businesses can foster trust and loyalty among their app users. Loyalty programs, exclusive discounts, and personalized recommendations further incentivize customer retention. Building a loyal user base is not only a testament to the quality of products or services but also a key driver for sustained growth in the competitive online business landscape.

Conclusion

The significance of mobile applications in the growth of online businesses cannot be overstated. From expanding accessibility and enhancing user experience to leveraging data-driven insights and building brand loyalty, mobile apps play a multifaceted role in shaping the success of modern businesses. As the digital landscape continues to evolve, businesses that strategically embrace and leverage mobile technology are better positioned to thrive in an ever-expanding online marketplace.

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Revamped Dharavi businesses to get SGST concessions for 5 years

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Revamped Dharavi businesses to get SGST concessions for 5 years

The Dharavi Redevelopment Project Pvt. Ltd., a joint venture of Maharashtra and Adani Group, announced tax benefits for eligible industries and commercial units in Mumbai’s redeveloped Dharavi. The State Goods & Services Tax (SGST) will be refunded for five years to formalize and boost local businesses after the revamp project.

According to the DRPPL, the tax benefits aim to transform the informal nature of businesses in Dharavi and make them a part of India’s growth story. The reimbursement of SGST will provide a robust footing for existing and new businesses, boosting their profitability, competitiveness, and growth opportunities.

Under the tender conditions, eligible industrial and commercial units will have their SGST reimbursed by the state government’s Finance Department through the DRP/SRA for five years from the issuance of the Occupation Certificate (OC). Businesses will need to provide SGST payment details as proof to claim the refund.

Dharavi is home to thousands of industrial and commercial units producing garment and leather items, with many serving as vendors for national and international brands. The businesses are eager to formalize and expand to tap into local and global markets, as per the DRPPL.

The redevelopment company aims to transform Dharavi into a globally-connected city while preserving its entrepreneurial culture. The revamp will include commercial and industrial premises, modern housing with facilities for existing residents, educational and healthcare facilities, and quality lifestyle amenities in Dharavi and Nav Dharavi, currently known as Asia’s largest slum.

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Nifty slips on profit booking in heavyweights

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Nifty slips on profit booking in heavyweights

Nifty Closes with a Loss of 91 Points at 22,122 Levels

Mumbai, Feb 26 (IANS) – Nifty remained sideways throughout the session on Monday with a negative bias and closed with a loss of 91 points at 22,122 levels. Profit booking was witnessed in some of the index heavyweights at higher levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Majority of the sectors ended in the red, however, buying was seen in oil & gas, auto, and realty, he said. “Globally, investors would take cues from macro data releases lined up during the week. The US New Home Sales Data for January would be an important event to track on Monday. Overall, we expect the market to consolidate at higher zones while following global trends,” Khemka said.

Nifty closed on a negative note at 22,122, down by 90.65 points, while the Sensex closed at 72,790, down by 352 points. Nifty Energy was the sector which outperformed on Monday, up by 0.50 per cent, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio. The top Nifty losers were Asian Paints, Hindalco Industries, Apollo Hospitals, Divis Labs, and Tata Steel, while the top gainers were Power Grid Corp., L&T, Adani Enterprises, Adani Ports, and Tata Consumer.

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Oil India Ltd to hold global partner roadshow in UAE

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Oil India Ltd to hold global partner roadshow in UAE

Oil India Limited (OIL) is gearing up for its first-ever global partner roadshow, “Confluence: Where Energy and Opportunity Converge,” set to be held on 28th February in Abu Dhabi. The event aims to attract over 50 leading companies from the energy services industry, showcasing OIL’s commitment to growth and international collaboration.

The Ministry of Petroleum and Natural Gas revealed OIL’s ambitious production targets of 4 MMT oil and 5 BCM gas annually by 2025-26. With a revenue goal of 12 billion USD by 2030, the company plans to invest 4.8 billion USD in exploration, field development, and production acceleration. OIL also eyes expansion in offshore Indian regions.

The roadshow will feature OIL’s Chairman and Managing Director, along with senior officials, outlining procurement strategies for the next one to five years. This event is crucial for partners to engage, ideate, and expedite the onboarding process, emphasizing OIL’s focus on fostering strong relationships to explore new business opportunities in the energy industry.

According to OIL, the roadshow will focus on innovation, sustainability, and strategic alliances, aiming to set new industry standards through global collaborative efforts. The event is a significant step towards OIL’s aggressive growth plans and international partnerships, showcasing its commitment to excellence in the energy sector.

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