Diwali Sales News

News

Shiv Sena takes a jibe on state of Indian economy: 'Itna sannata kyun hai bhai'

'The condition of the Indian economy is worsening instead of improving,' the party warned in strong edits in its mouthpiecesDue to demonetization and GST, factories are threatened, industries and businesses are shutting, the edits further said

1 min read28 Oct 2019
Companies

Shadow banking crisis is starting to hit India’s consumers

Businesses have seen sluggish sales this festive season in part because India’s shadow lending industry, which accounted for nearly 4 out of every 10 consumer loans in the last three years, has grown more cautious about extending new credit amid a funding crunch of its own

4 min read14 Nov 2018
Industry

Tepid Diwali for auto makers on higher oil, interest rates, inflation

Firmsmay now have to reduce inventory substantially as festive season failed to lift consumer sentiment

3 min read8 Nov 2018
Industry

Amazon India say services boosting large appliance sales

Almost 80% of Amazon's new customers and half its new Prime members are from smaller towns

1 min read28 Oct 2018
Companies

Amazon blames late Diwali in India for slow global sales

Amazon expects international sales to receive a boost in the December quarter, thanks to the late Diwali in India.

1 min read26 Oct 2018
Industry

Big Billion Day: Flipkart aims to more than double sales of large appliances

Flipkart is forging exclusive partnerships with Blaupunkt and Xiaomi, expecting sales of large appliances to more than double during the coming Big Billion Day (BBD) sale and keep rival Amazon India at bay

3 min read13 Sep 2018
Companies

Amazon to double down on India investments

Amazon India chief Amit Agarwal says digital payments, Amazon Prime areas of focus, dismisses reports that Amazon lagged Flipkart in Diwali sales

3 min read27 Oct 2017
Industry

Festive season sales chequered across categories

Consumer durables retailers see major growth in sales, thanks to zero downpayment EMI schemes, while electronic accessories makers have done brisk business through online sales

3 min read20 Oct 2017
Technology

Now Xiaomi comes up with Mi Diwali sale

Xiaomi's three-day Diwali sale, is offering Mi smartphones, accessories, and Air purifiers at discounted prices

3 min read27 Sep 2017
Companies

Paytm Mall ramps up operations ahead of festive season, targets $4 billion sales

Paytm Mall says it has improved the app to feature 1,000 brand stores and 15,000 brand-authorized retailers

2 min read29 Aug 2017
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