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Festive sales: Buoyed by online sales and premiumisation, appliance makers expect up to 30% growth

The expectation is followed by double-digit booster from online sale events of  e-tailers Flipkart and Amazon and an expected final thrust from offline channels during Dhanteras weekNew Delhi: The appliance and consumer electronics industry expects around 30 per cent...

InOrbit becomes India’s first mall operator to get into its own e-commerce

To begin with, InOrbit will fulfil online orders in two hours for shoppers living within an 8 km radius of its four malls while customers within 20 km can enjoy same-day deliveryNew Delhi: InOrbit Malls, one of India's largest...

Unicommerce records 16% growth in clients’ order volume during mid-year online sales

The company said that volume growth was accompanied by an upward trend in gross merchandise value, which grew 19% year-on-year in 2024, over 2023New Delhi: IPO-bound software as a service (SaaS) platform Unicommerce has recorded a 16% jump in...

Innerwear sales online grew by 80% in FY24: Report

Users from over 340 cities use online channels to buy innerwearNew Delhi: Online innerwear sales rose by over 80% during the financial year (FY) 2024 compared to FY 2023, as per data analysed by Gurugram-based e-commerce enablement software as...

IR Smart Class: All you need to know about Black Friday

An explainer on the biggest shopping day for retailers in the US that is gaining popularity in India Bengaluru: Black Friday Sales have started picking up in India with retailers, brands and shopping malls announcing deep discounts and attractive deals....

Blinkit loss jumps 17% in 2022-23 even as sales rise

Tofler said the company incurred Rs 1,939 crore in total expenses for the fiscal year 2022-23Quick-commerce platform Blink Commerce Private Ltd reported a 17% jump in net losses to Rs 1,191 crore for the fiscal year 2022-23 compared to...

2020 holiday season sees 49% YoY spike in US online sales

Despite the challenges of the pandemic, holiday sales in the US beat expectations thanks to a spike in online sales.According to the research data analyzed and published by Finaria, retail sales grew by 3% during the period, against an expected...

Online sales growth same as last year, no major jump due to COVID impact

This festive season has seen 30-40 percent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: "While not a negative surprise, we had anticipated a much higher growth...

Shopping malls aim to increase business by 40-50 pc during festive season: ASSOCHAM

Faced with heavy discounts from e-commerce, shopping mall owners in major cities are shaping back, going aggressive in the run up to Diwali offering freebies and easy finance options, hoping to win back the footfalls and increase their business...

Flipkart races past Amazon, sells 15.5 million units

After claiming to make history in the Indian e-commerce by crossing 1400 crore in a single day, home-grown major Flipkart has zoomed past arch-rival Amazon in terms of number of units sold during its festive season sale, which ended on...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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