Page 3 - Sales

Metro AG: In deal season, German cash & carry chain feels the heat in India

The low-profile German cash & carry chain is suddenly finding itself at the centre of controversy as negotiations for the sale of its India business get underway

Our cost of funds is the lowest in the industry: Mintifi CEO Anup Agarwal

In a Q&A, Minitifi's co-founder and CEO Anup Agarwal talks about how it has enabled distributors and retailers to increase sales

e-con Systems opens new site in Bengaluru, eyes $10 million funding

e-con Systems plans to ramp up employee base by 50%, with focus on salesforce and R&D personnel

Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23

The firm, however, expects a mid-single-digit volume drop on a high base in the quarter

Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output

Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model

Marico's India business volume declines in mid-single-digits in Q1

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran

Edelweiss MF dismiss report of business sale, term reports as 'baseless'

We remain excited about the prospects of this business and remain committed to investing in its growth, said Edelweiss MF CEO

Walgreens defers Boots UK sale; Reliance to look for other opportunities

RIL will continue to look for growth opportunities overseas if good opportunities arise, said company insiders

NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn

Lenders, shareholders meeting to demerge steel company on Tuesday

Customers may see lower discounts, fewer end-of-season stocks on sale

Sale days are also likely to be reduced as retailers emerge from pandemic to post strong surge in business-as-usual (BAU) sales

Retail businesses grow 24% in May against pre-pandemic level: Report

The retail businesses across India witnessed a growth of 24% in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI

LocalCircles asks MoCA for standard after sales service for white goods

In its letter it has asked for publishing end of life service date on every white good/device, stipulated response time for complaint answering, issue resolution, resolution process

WardWizard sales up 30% in May as low-speed e-scooter category grows

WardWizard Innovations also announced that it will commence deliveries of its high-speed scooters this month.

Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform

Industry average among organised real estate currently at 30%

Apple reaches 60% sales share mark for first time since 2017

Driven by strong 5G upgrades for the iPhone 12 and iPhone 13 series, Apple reached the 60 per cent sales share mark globally last year -- for the first time since 2017.

Meesho clocks 14 mn orders during Holi sale, surpasses peak Diwali demand

During the recently concluded Holi sale, the company saw nearly 80% of the demand coming from tier 2+ markets like Amravati, Aurangabad, Faizabad, Muzaffarpur and Silchar.

Godrej Properties expects Jan-Mar to be best-ever qtr for sales bookings

Godrej Properties expects record sales bookings during this quarter, beating the previous high of Rs 2,632 crore, driven by new launches of around 10 housing projects amid strong revival of demand.

Pandemic or not, I'm bullish on FY23 biz outlook: Westlife's Amit Jatia

In a Q&A, the chief of McDonald's master franchisee, talks about his company's strategy to expand its presence in more towns as it increases its store count

Multiple triggers across key markets may support Cipla's recent rally

In addition to the Q3 show, new launches offer upsides from current levels