Flipkart, Swiggy, Blinkit, Zepto witness blockbuster Holi festival sales | News

Online shopping platforms such as Flipkart, Swiggy, Blinkit, and Zepto are witnessing blockbuster Holi festival sales. “Swiggy has been buzzing with orders for gujiya and thandai since Friday. With a mouthwatering selection of 192 gujiya and 242 thandai varieties across India,” said Rohit Kapoor, chief executive officer, food marketplace, Swiggy, on X (Twitter).… Continue reading Flipkart, Swiggy, Blinkit, Zepto witness blockbuster Holi festival sales | News

Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News

By Rafaela Lindeberg and Kati Pohjanpalo Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers.    The company also plans to cut costs separately by eliminating facilities and the use of… Continue reading Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News

India Cements posts net loss of Rs 74 crore in Q1 due to dip in sales

Illustration: Ajay Mohanty Chennai-based India Cements has recorded a net loss of Rs 74 crore for the first quarter of FY24, following a decrease in sales and revenue. The company registered a net profit of Rs 84 crore during the same quarter in FY23. Its revenue from operations for the quarter under review… Continue reading India Cements posts net loss of Rs 74 crore in Q1 due to dip in sales

Revenue from ticket sales at ASI monuments stands at Rs 252.8 cr: Govt

The total revenue earned from centrally-protected ticketed monuments in India in the financial year 2022-23 stood at Rs 252.85 crore, the government informed Parliament on Monday. In a written response in the Lok Sabha, Union Minister of Culture G Kishan Reddy said the total revenue earned from centrally-protected ticketed monuments in the financial… Continue reading Revenue from ticket sales at ASI monuments stands at Rs 252.8 cr: Govt

Vijay Sales announces offers on iPhone 14, iPad, MacBook

Electronics retail chain Vijay Sales announced offers and discounts on gadgets and products under its Apple Days Sale. Customers will be able to purchase Apple products at discounted prices. The sale will be held from August 4 to August 16. The deals will be available at Vijay Sales’ retail stores and its website. Customers… Continue reading Vijay Sales announces offers on iPhone 14, iPad, MacBook

Smartphone sales may contract this year again, improved quality to blame

Another reason for the dip in sales is that users are holding on to their devices much longer than earlier, Photo: Bloomberg India’s smartphone market going through a tough phase as the sales are set to contract for the second year in a row, Mint has reported. This is the first time that the sales… Continue reading Smartphone sales may contract this year again, improved quality to blame

Auto retail sales up 10% in July y-o-y; three-wheelers at record pace: FADA

Staying with the growth momentum, automobile retail sales in July posted a 10 per cent year-on-year increase, with 1.77 million units sold. Three-wheelers took the lead with a record growth of 74 per cent, according to the Federation of Automobile Dealers’ Associations (FADA). However, sales declined by 5 per cent month-on-month (m-o-m) mainly due… Continue reading Auto retail sales up 10% in July y-o-y; three-wheelers at record pace: FADA

Sales weak in Q1; will meet Rs 14k cr target in FY24: Godrej Prop chairman

Realty firm Godrej Properties’ sales performance remained muted in April-June, but the company will meet the annual target to sell properties worth Rs 14,000 crore this fiscal as housing demand continues to be strong, its Executive Chairman Pirojsha Godrej said. Its sales bookings fell 11 per cent year-on-year during the first quarter of… Continue reading Sales weak in Q1; will meet Rs 14k cr target in FY24: Godrej Prop chairman

Tata Motors to bolster sales infra as it looks to tap demand for EVs

Tata Motors is looking to expand sales outlets in Tier II and Tier III cities in order to cater to the increased demand for its electric model range from such locations, according to a top company executive. The company, which ended the first quarter with sales of around 19,000 electric vehicle units, is… Continue reading Tata Motors to bolster sales infra as it looks to tap demand for EVs

Macrotech eyes Rs 12k-cr sales revenue from land parcels in MMR, Bengaluru

Realty firm Macrotech Developers Ltd has acquired five land parcels in Mumbai region and Bengaluru during April-June quarter to develop housing projects with a revenue potential of Rs 12,000 crore. Macrotech Developers MD and CEO Abhishek Lodha said the company has added new projects worth Rs 12,000 crore in the first quarter of… Continue reading Macrotech eyes Rs 12k-cr sales revenue from land parcels in MMR, Bengaluru