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Sangeetha Mobiles Joins ONDC To Expand Customer Base

Sangeetha Mobiles, a multi-brand retail chain of mobiles and electronics, has joined the Open Network for Digital Commerce (ONDC). They have joined as a seller through SellerApp, which is a Marketplace Seller Network Participant on the ONDC Network. With the help of SellerApp, Sangeetha Mobiles’ catalogue including mobiles, laptops, accessories etc. is now discoverable by […]

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Brands Companies FMCG Food News

Adani Wilmar Q1 Revenue Declines 12%, Food & FMCG Segment Grows 28%

Adani Wilmar reported a 12 per cent yearly decline in consolidated revenue during April-June 2023 quarter at Rs 12,928 crore. The company said the decline in revenue during the quarter was reflective of a steep decline in edible oil prices. The food and FMCG segment recorded a strong revenue growth of 28 per cent year-to-year […]

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Brands Companies News

TVS Motor Exports Declines 20% In July 2023

TVS Motor Company registered a sales growth of 4 per cent increasing from 314,639 units in July 2022 to 325,977 units in July 2023. Total two-wheelers registered a growth of 4 per cent with sales increasing from 299,658 units in July 2022 to 312,307 units in July 2023. Domestic two-wheeler registered growth of 17 per […]

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Brands Companies Electronics News

Blaupunkt EM01 Earphones Now Available With Digital Type-C Connector

Blaupunkt, an electronic home appliances and audio company has recently introduced a new digital type-C connecting feature to the already launched audio series to enhance the audience’s audio experience. According to the brand, the EM01 Earphones have always been one of Blaupunkt’s bestsellers. They have offered comfort, better durability, and, of course, richer sound quality. […]

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Brands Companies Manufacturing News

India May Allow Tesla’s Chinese Vendors To Produce Components In Country

India might contemplate permitting foreign vendors of Tesla, specifically those in China, to produce essential components within the country. However, the government is not inclined towards granting special exemptions exclusively for Tesla or any other specific company. This development carries significance due to the fact that certain crucial components required for electric vehicles, such as […]

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Brands Companies News

Apple’s iPhone Sales Expected To Decline In Total Quarterly Revenue

Speculations are rife that Apple, the world’s most valuable firm, is likely to report a 1.6 per cent drop in total quarterly revenue, marking its steepest decline in third-quarter revenue since 2016. This dip in revenue is primarily attributed to a projected fall of over 2 per cent in iPhone sales during the April-June quarter. […]

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Brands Companies News

Hyundai Motor India Registers 4.46% YoY Growth In July sales

Hyundai Motor India registered cumulative sales of 66,701 units in July, an increase of 4.46 per cent on a yearly basis. Of the total sales in July, 50,701 units were sold domestically and the rest 16,000 units in exports, the automaker said in a release on Tuesday. “July 2023 marks a significant milestone in Hyundai […]

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Companies Logistics News

TCI Reports 5.9% YoY Growth In Net Profit For Q1 FY24

Transport Corporation of India (TCI), an  integrated supply chain and logistics solutions provider on Monday reported a 5.9 per cent year-on-year (YoY) growth in its consolidated net profit at  Rs. 832 million for the first quarter of the financial year 2024, compared to  Rs 786 million in Q1FY23.   The company’s consolidated revenue from operations […]

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Companies News

OMCs Slashes Price of 19 KG Commercial LPG Cylinder By Rs 99.75

Public sector Oil Marketing Companies (OMCs) have made price revisions for commercial LPG and slashed the price of 19 KG commercial LPG gas cylinders by Rs 99.75, sources said. However, the prices of domestic LPG cylinders will remain unchanged. The new prices will be effective from Tuesday and Delhi’s retail sales price of 19kg commercial […]

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Companies Electronics Government Manufacturing News

Foxconn To Set Up New Mobile Components Manufacturing Facility In Tamil Nadu

Hon Hai Technology Group (or Foxconn) signed a Letter of Intent to set up a new mobile components manufacturing facility at a cost of Rs 1,600 crore in Kanchipuram district in the presence of Tamil Nadu Chief Minister MK Stalin on Monday. Giving this information, Tamil Nadu Industries Minister TRB Rajaa said in a tweet […]

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