The first week of festive sales in India has seen iPhone sales surge past 1.5 million units. This marks over 25 per cent year-on-year (YoY) growth, as disclosed in a recent report. The data, released by Counterpoint Research, revealed a thriving smartphone market in India during the festive season. The surge in sales was primarily […]
Pune’s first luxury lifestyle destination, Kopa will open its doors to consumers on Saturday. Brought to Pune by Lake Shore – a pan-India investor, developer and operator of large-scale shopping centres – Kopa promises a community lifestyle experience that is unmatched by any mall in Pune. Kopa is a boutique social destination that has been […]
Shoppers Stop on Wednesday posted an 83.2 per cent fall in second-quarter profit as the department store was hit by rising expenses and weaker demand, with customers delaying purchases of clothes and cosmetics due to a late festive season. The festive season in India – which started in September last year – brings in the […]
As the festive season in India approaches, the digital marketplace is bustling with anticipation and excitement. Smaller ecommerce players across the country are gearing up to make their presence felt in the grand celebration of Diwali, Dussehra, and other significant festivals in India. In an industry traditionally dominated by giants like Amazon and Flipkart, these […]
Blinkit’s CEO Albinder Dhindsa expressed astonishment at the overwhelming fan enthusiasm for the India blue jersey. “We initially launched the official India fan jersey on Blinkit at the beginning of the season. While the sales during the Ind vs Aus match seemed promising, I underestimated the fervor. The IndVsPak match surpassed all expectations,” Dhindsa mentioned […]
The festive season is all about fun, food and happiness. Not just households, food business entities also come up with new food menus to increase their revenue and customer demand. Sometimes the hotels and restaurants also bring dedicated menus like for the nine days of Navaratri. The festive season is a joyful days when people […]
The Goods and Services Tax (GST) Council last week said that it has decided not to impose a tax on Extra Neutral Alcohol (ENA) at the national level, however, it’s now up to the states whether to tax ENA or not. ENA is an important ingredient used in making alcoholic drinks for human consumption. The […]
The Confederation of All India Traders (CAIT) on Friday has said that the current festival season in India is expected to generate Rs 3 lakh crore business. Last year, the sale of festive shopping was about Rs 2.50 lakh crore. BC Bhartia, National President and Praveen Khandelwal, Secretary General, CAIT in a joint statement said, […]
Non-metro cities’ Micro, Small, and Medium Enterprises (MSMEs) are surpassing their metro counterparts in Diwali sales this year, with an estimated ecommerce opportunity of a whopping USD 13 billion for Indian MSMEs during the festive season, according to a report by tech-enabled logistics platform and unicorn, Shiprocket. The report suggests that 10-15 per cent of […]
At least 47 per cent of Indians are expected to spend over Rs 10,000 on festive purchases, which is about 2.5 times more than last year, according to a recent report. The report titled India’s Festive Feeling Report 2023 by ShareChat and Moj also said that of the people spending a minimum of Rs 10,000, […]
