Festive Sales

Nissan Motor wholesales rise 45% to 10,011 units in Oct in festive season

Nissan Motor India on Tuesday said its total wholesales increased by 45 per cent to 10,011 units in October as compared to the same month last year. The company had dispatched a total of 6,917 units in October 2021. Last month the automaker sold 3,061 units in the domestic market and also exported 6,950 units, Nissan Motor India said in a statement. The company had dispatched 3,913 and 3,004 units in the domestic and international markets, respectively, last October. "Festive season has strong momentum of increased number of deliveries, with customer preference for early delivery and ease of finance. Preference of customers was for SUVs specially amongst the first time and replacement buyers," Nissan Motor India Managing Director Rakesh Srivastava noted. The company is confident that demand will continue to rise with an improvement in economic growth, customer sentiment and with improvement in supply, he added.

Xiaomi sells six million devices across categories in festive sales

The sale was carried on both online and offline and was twice as much as achieved last year

Passenger vehicle makers cheer as sales jump in month-long festival season

Deliveries of market leader Maruti Suzuki India rose to 190,000 units compared to 130,000 units last year

Luxury goods take festive splash as brands present a bouquet of choices

Indian brands, too, have capitalised on the sentiment ahead of the festive season

Amazon witnesses biggest ever festive sale in India, says top exec

More than 80 per cent of the new customers came from smaller towns for the e-commerce giant's month-long festive sale event Great India Festival which would end on October 23

8.4 mn-kg of waste collected under Swachh Bharat 2022 drive: Anurag Thakur

He urged the youth to dedicate two days coinciding with the Diwali festival to keep the surroundings clean

Kharif arrivals likely to dampen food prices, but downside limited

CPI-inflation for the month of September surged to a five-month high of 7.4 per cent largely due to a spike in food inflation which jumped to a 22-month high of 8.6 per cent for the same period

Meesho surpasses Amazon in festive order volumes, Flipkart leads the market

E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events

Festival sales: Consumer firms see robust demand across categories

E-commerce firms and online retailers too have been having swinging times

Success of new launches, margin improvement to drive Eicher Motors

September volumes were better than estimates led by the new launch Hunter 350

Consumer companies expect strong sales revival this festival season

There are expectations of a good kharif crop as well

Dismal festive season for artisans due to 70% cut in post-Covid demand

As Delhi gears up to celebrate Navaratri and Durga Puja with fervour after a two-year Covid pandemic lull, the situation continues to remain gloomy for the city's idol-makers due to curtailed spending by individuals and budget cuts by puja committees. According to the artisans, orders have reduced by almost 70 per cent this year as compared to pre-Covid times and most of the orders are for smaller and cheaper idols, which results in thin profit margins. "Our business got impacted due to the pandemic and the subsequent restrictions. We have returned to work after two years but the business hasn't revived. It is not even even 25 per cent of what it used to be (before Covid) and because of this, we had to reduce our staff," owner of an idol-making shop at Chittaranjan Park Govind Nath told PTI. Eleven idol makers from West Bengal, who used to work in here, went back to their respective hometowns during the first lockdown in 2020, he said. "People have been ordering idols of smaller ..

India's online festive sales to register 28% increase to hit $11.8 bn

The festive month is generally defined as a period starting from the first sales event and lasting roughly till Diwali week

Over 2 years after Covid outbreak, consumer firms see strong festival sales

The sentiment is robust even in the consumer durables segment

Sweets-snacks trade can touch all-time high of Rs 1.25 trn: Manufacturers

As markets are regaining the traditional excitement this festive season after lacklustre sales during the COVID-19 pandemic, the trade of sweets and namkeen (snacks) in the current financial year is likely to reach an all-time high of Rs 1.25 lakh crore, says an industry body representative. During the Rakshabandhan festival last month, the trade of sweets and snacks witnessed a tremendous growth, Federation of Sweets and Namkeen Manufacturers director Firoz H Naqvi told PTI. "The demand of modak and other sweets has also increased in the ongoing Ganesh festival and this trend is expected to continue during the forthcoming Dussehra, Diwali and Holi festivals too, he said. The federation is an apex body of sweets and other snacks manufacturers. In view of the current trend in the market, the total trade of sweets and snacks during this financial year is likely to cross all previous figures and touch an all-time high of Rs 1.25 lakh crore, as the online sale and home delivery of thes

Flipkart social commerce biz Shopsy's revenue grew 4x on festive purchases

Shopsy, which competes with players such Meesho, DealShare, BulBul, GlowRoad, Mall91, and simsim is on track to enable over 25 million online entrepreneurs by 2023.

Real estate sector lights up with festive cheer as demand spikes

The Indian real estate sector has seen a spike in demand during the festive period, a recent report by Knight Frank, India informed

Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT

Local shops on Amazon clocked a 2x spike and sold over 10 products every minute

Tips to curb revenge spending and avoid a debt trap this festive season

Planning your expenses and comparing offers is a good way to start; use your plastic wisely and don't buy every claim the manufacturer tries to sell you

HDFC launches festive offer; home loan starting from 6.7%

Country's biggest mortgage lender HDFC on Tuesday announced a festive offer in line with peers like SBI with home loans starting from 6.70 per cent.