Page 2 - Festive Sales

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Durables players admit that restrictions have hit festive sales

Volume growth, market share gains key for Hero MotoCorp, going ahead

Its ability to make further inroads into premium bikes, scooters will be critical

Margin pressures outweigh volumes, may keep Maruti Suzuki stock subdued

The company is cautious on passing on raw material cost hikes to protect volumes

Crompton Consumer: Strong demand, mkt share gains may help sustain growth

Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion

Festive sales and pent-up demand push Titan closer to growth in Q3

While jewellery division crosses recovery phase to growth phase, watches & eyewear divisions near full recovery

Maruti, Hyundai to ramp up production in Dec as festive demand sustains

Carmakers concentrated on reducing inventory while factory production was lesser this month due to holidays, and November auto sales fell below estimates as a result

GST mop-up crosses Rs 1 trn for second straight month on festive sales

Experts attribute it to festive season demand; warn it may not be sustainable

Amazon, Flipkart, and others clock $8.3 billion in festive gross sales

The festive season this year saw 88 per cent customer growth from last year, which was driven by 40 million shoppers from tier-2 cities and beyond

Auto firms buoyed by festive sales, unsure of sustained demand after Diwali

Dealerships have asked manufacturers to be cautious, warning that over-stocking will hit their margins in case sales soften

Apple turns the tide in India with record sales; 800,000 iPhones sold in Q2

Apple regained momentum in India in Jul-Sept, with double-digit growth, according to analyst firm Canalys

E-commerce firms sell goods worth $4.1 bn in first week of festive sale

The key factors that majorly boosted this year's sale include affordability, mobile phones and tier-II growth wave.

Flipkart Group garners 68% of Rs 29,000 crore festive sales: Report

Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68% of the total sales as the country saw a massive 55% (year-on-year) growth

Smartphone shipments rebound in anticipation of record festive sales

At 50 million units, the shipment number broke all previous records as Chinese players Vivo, Realme and Xiaomi shipped in greater volumes

7-day festive sales set to break records amid order surge from small towns

With the one-week festive sales in the Covid-hit year set for grand finale on October 21

Railways expects festive season to push freight higher in coming months

The recovery in freight came after it touched a historic drop of 65 per cent in April 2020, over the same month in 2019

Festive stocking pushes up passenger vehicle sales in September

Vehicle manufacturers had increased inventory amid expectation that retail sales would pick up during festivals

Amazon, Flipkart festival sales: Here are the top six smartphone deals

Amazon's Great Indian Festival starts from October 17. Prime members will get early access starting tomorrow, October 16. Flipkart's Big Billion Days' sale starts from October 16-21

Over 100,000 Amazon-enabled local shops, kiranas gear up for festive season

Local Shops on Amazon is a new programme that was launched in April this year to help bring offline retailers, kiranas and local shops online

Tata Motors Q2 total sales surge 5% led by festive season, pent-up demand

Total domestic sales were up 13 per cent to 106,888 units from 94,454 units in July-September period last year

Early Diwali for gig workers: E-commerce firms to create 300,000 jobs

Sales are expected to touch $4 billion this year because of Covid-driven online adoption