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Diwali Sales Target: Rs 4.25 Lakh Crore

Diwali Sales Target: Rs 4.25 Lakh Crore

Mon, Oct 28, 2024

As Diwali approaches, India is projected to reach Rs 4.25 lakh crore in festive sales, driven by strong consumer demand. Amid this surge, there is a growing movement to boycott Chinese goods, with consumers opting for locally made products. This trend reflects a shift in purchasing preferences and aims to support domestic industries during the festive season.

TVS Motor Q1FY25 earnings: Automobile company reports 6% rise in profit Rs 461 crore for June quarter

TVS Motor Q1FY25 earnings: Automobile company reports 6% rise in profit Rs 461 crore for June quarter

Tue, Aug 06, 2024

TVS Motor Company reports a 6% increase in consolidated net profit to Rs 461 crore for Q1 FY25, driven by robust sales. Total income rose to Rs 10,448 crore, with significant growth in two-wheeler and electric scooter sales. Standalone profit after tax reached Rs 577 crore.

JSW MG Motor India reports 9% decline in June retail sales to 4,644 units

JSW MG Motor India reports 9% decline in June retail sales to 4,644 units

Mon, Jul 01, 2024

JSW MG Motor India saw a 9% year-on-year drop in retail sales for June, totaling 4,644 units, despite the highest-ever monthly sales of its flagship SUV, ZS EV.

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Demonetisation helps Amazon clock triple-digit growth: Amit Agarwal

Wed, Dec 07, 2016

Cashing in on the ongoing demonetisation drive across India, Amazon India is witnessing triple-digit growth in its sales as it has switched to various electronic payments platforms, said the company`s Vice President and Country Manager Amit Agarwal.

US Black Friday: More shoppers but less spent per head

US Black Friday: More shoppers but less spent per head

Mon, Nov 28, 2016

The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains, an industry group said on Sunday.

ShopClues to offer up to 75% discount on electronic products on Black Friday, Cyber Monday

ShopClues to offer up to 75% discount on electronic products on Black Friday, Cyber Monday

Thu, Nov 24, 2016

India's homegrown online e-commerce retailer ShopClues will launch its four-day 'All-Electronics Sale’ on Black Friday and Cyber Monday. The e-commerce firm will offer up to 75% discount on electronic products in its sale which will begin on November 25.

Indian sellers ship over 10 lakh units to Amazon US as Black Friday, Cyber Monday sale nears

Indian sellers ship over 10 lakh units to Amazon US as Black Friday, Cyber Monday sale nears

Thu, Nov 24, 2016

In a move to grab a pie in the upcoming biggest sales of the US market, Indian sellers have shipped over ten lakh units to sell their products on Amazon's US website.

Honda's bike Navi crosses 50,000 sales mark in 6 months

Honda's bike Navi crosses 50,000 sales mark in 6 months

Sun, Oct 30, 2016

Honda Motorcycle and Scooter India (HMSI) on Saturday said its 'by India, for India' bike Navi has crossed 50,000 units sales mark in just six months of market availability. The bike was launched at the Auto Expo 2016 in Greater Noida.

India Inc's sales growth slows to 0.1%

India Inc's sales growth slows to 0.1%

Thu, Oct 27, 2016

RBI said, "Expenditure, at the aggregate level, continued to contract, though at a lower rate as compared with the previous quarter. This resulted in a slowdown in operating profit at the aggregate level."

Ericsson warns on Q3 profit as network sales dive

Ericsson warns on Q3 profit as network sales dive

Wed, Oct 12, 2016

Ericsson, the world's biggest maker of mobile network equipment, said on Wednesday its third-quarter (Q3) profit plunged to just a fraction of analysts' forecasts, with sales in its core networks division slumping nearly 20%.

Tata Steel shares jump 3.63% on strong September steel production

Tata Steel shares jump 3.63% on strong September steel production

Fri, Oct 07, 2016

Tata Steel’s hot metal production grew by 17% to 3.12 million tonnes (MT) from 2.66 MT in September 2015.

Amazon India festive sales up three-fold; ships over 15 million units in 5-day sale

Amazon India festive sales up three-fold; ships over 15 million units in 5-day sale

Thu, Oct 06, 2016

E-commerce giant Amazon.In on Wednesday said sales on its platform grew three-fold compared to last year to over 15 (rpt 15) million units during its five-day festive sale.

Special reports on the lucrative offers on the online shopping in this festive season | Part I

Special reports on the lucrative offers on the online shopping in this festive season | Part I

Tue, Oct 04, 2016

Special reports on the lucrative offers on the online shopping in this festive season. Watch this special segment and get to know more here.

Hero MotoCorp sales up 11% in September; stock up nearly 1%

Hero MotoCorp sales up 11% in September; stock up nearly 1%

Tue, Oct 04, 2016

Hero MotoCorp has recorded a growth of over 11% in sales of its two-wheeler vehicles for September month.

Tata Motors sales up 8% to 48,648 units in September

Tata Motors sales up 8% to 48,648 units in September

Sun, Oct 02, 2016

Tata Motors on Saturday reported an 8% increase in total sales at 48,648 units in September. The company sold 45,215 units in the same month last year.

Amazon to start 'Great Indian Festival' sale from October 1

Amazon to start 'Great Indian Festival' sale from October 1

Thu, Sep 22, 2016

Amazon.In will flag off its 'Great Indian Festival' sale from October 1, a day ahead of rivals Flipkart and Snapdeal.

E-commerce player Snapdeal to start Diwali sale from Oct 2

E-commerce player Snapdeal to start Diwali sale from Oct 2

Tue, Sep 20, 2016

E-commerce major Snapdeal on Tuesday said it will flag off the festive season with its 'Unbox Diwali Sale' from October 2, the same day when its larger rival Flipkart will begin its own festive offers.

SUVs clock nearly 23% of global sales in 2015

SUVs clock nearly 23% of global sales in 2015

Thu, Sep 08, 2016

Sports utility vehicles (SUVs) segment has become the fastest growing automotive vehicle in 2015 by clocking nearly 23% of light vehicle sales globally, according to a latest report.

Here’s why Apple could increase its ad spends with the launch of iPhone 7

Here’s why Apple could increase its ad spends with the launch of iPhone 7

Wed, Sep 07, 2016

All eyes are on Apple as it is set to unveil its latest flagship phone the iPhone 7 and 7Plus on Wednesday.

Tata Motors aims to turn around domestic business by 2019

Tata Motors aims to turn around domestic business by 2019

Tue, Aug 30, 2016

Tata Motors is overhauling its domestic supply chain, product portfolio and organisational structure as part of a three-year turnaround strategy, the company's chief executive said on Tuesday.

July Auto sales were a mixed bag; hopes for better monsoon

July Auto sales were a mixed bag; hopes for better monsoon

Thu, Aug 04, 2016

Also hopes are on GST bill to boost this sector, Suvodeep Rakshit of Kotak Mahindra said that in case the GST Council puts UVs in the ‘standard’ category (instead of ‘high’ rate of 40%), there could be significant benefits to the automobiles sector.

Can India’s FMCG sector report good earnings anymore?

Can India’s FMCG sector report good earnings anymore?

Mon, Jul 04, 2016

Varun Lohchab, Manish Poddar and Premal Kamdar of Religare Institutional Research, in a report dated July 4, said, “Our industry interactions suggest that rural demand is tepid and even in the event of a good monsoon season, growth would have a lagged impact, possibly reflecting only in FY18. As against street expectations, we do not build in any meaningful growth in volumes for FY17.”

Maruti Suzuki posts nearly 14% drop in June sales

Maruti Suzuki posts nearly 14% drop in June sales

Fri, Jul 01, 2016

Maruti Suzuki India has reported nearly 14% decline in total sales for the June month. The company's total sales during the month dropped 13.9% to 98,840 units as against 114,756 units in June 2015, Maruti Suzuki India (MSI) said in filing to the Bombay Stock Exchange (BSE) on Friday.

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