festive season
The decline in Maruti’s sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession.
Slowdown blues continue for automakers in November
02 Dec 2019 2:19 AM

On Friday, the government data showed GDP growth for the second quarter has slowed down to a 26 quarter low of 4.5 per cent.

Maruti, which sells one out of two cars bought in the country, sold 2.3 per cent more cars to 1,39,121 units last month against 1,35,948 units sold in October last year.
Car firms get festive boost, October sales rise
02 Nov 2019 2:01 AM

In absolute terms, this was Maruti’s highest sales in any month this fiscal.

The industry estimates suggest that festive sales account for around 20-30 per cent of annual revenue for apparel and lifestyle brands. (Representational image)
5 platforms enabling you to save more while you engross in your festive shopping
18 Oct 2019 10:57 AM

As the festive season is at its peak, everyone is busy shopping for Diwali and ticking off the things from their wish list.

The report says online direct-to-consumers (D2C) SMBs are expecting a promising 100 per cent growth as compared to last year's festive sales.
E-commerce platforms hope to double sales in festive season
12 Oct 2019 1:00 PM

Flipkart has added over 50,000 direct jobs across its supply chain, logistics arm and customer support.

Bengaluru-based RedSeer Consulting said the gross sales revenue of $7 billion expected for the month would mark a 60 per cent jump, from $4.3 billion, or Rs 28,000 crore, clocked during last year’s festive month.
Festive season may see Rs 45,000 crore online splurge
27 Sep 2019 1:59 AM

60% increase in sales seen on small town outreach.

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