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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
Hero MotoCorp shares jump over 5% after Q2 earnings
At the NSE, it soared 5.12 per cent to Rs 4,839.95. The country's largest two-wheeler maker …
PTI
Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid
Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was…
Tom Carter
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
Indian smartphone shipments up 3% in Q3 – Vivo leads the market but Samsung wins the value game
Indian smartphone shipments have received a boost in Q3, recording a 3% year-on-year growth, which …
Ola Electric boosts service capacity by 30%; adds over 50 centers, and 500 technicians to clear complaint backlog
Ola was in the spotlight earlier this month following a public spat between its founder Bhavish Agg…
Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices
Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…
Housing sales rise 5% to 87,108 units across the top eight cities in Jul-Sep
Housing sales rose 5% annually during July-September to 87,108 units in eight major cities as deman…
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
Sale of residential units up by 17% YoY, significant growth in luxury housing sales: JLL report
The sale of residential units in India surged by 17 per cent year-on-year (Y-o-Y) during the first …
ANI
Election Day stress is affecting some companies' sales
Companies from United Airlines to Nestlé have pointed to election day as a slow time for sales. Som…
Alex Bitter
Karnataka to go Goa way and allow alcohol sales in coastal cities to lure tourists
Plans include extended beach access and installment of additional lighting for safety. A facilitati…
PTI
Apple Diwali sale in India goes live: iPhones, Macbooks and Airpods get discounts
As India kicks off its festive season, Apple has launched its Diwali 2024 sale with up to ₹10,000 i…
In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging
Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper …
Eugene Kim
Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season
The luxury car market in India currently remains very small accounting for less than 2% of the over…
PTI
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
Warner Bros. Discovery says it will beef up ads on its Max streaming service
Warner Bros. Discovery's Max serves fewer ads per hour compared to other streaming platforms.
Lucia Moses
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches
Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …