sales
- India
Dubai: Kerala man wins over Rs 8 cr in Duty-Free lottery
A 41-year-old Dubai-based Indian expat from Kerala and his 9 colleagues have collectively won the grand prize of one million dollars (Rs 8,31,70,050) on Wednesday, 28 August, in the Dubai Duty-Free (DDF)…
- News
India leads in Asia-Pacific with double-digit growth in consumergoods sales
Mumbai: India is the only market consistently delivering double-digit growth in the Asia-Pacific region in the FMCG, tech and consumer durables segments, according to a report by consumer research firm NielsenIQ (NIQ)…
- Business
Daily online grocery demand slows down, FMCG sales growth drops: Report
New Delhi: As stocks of fast-moving consumer goods (FMCG) companies keep growing, the sector growth has slowed down due to less packaged food consumption among the Indians and slowdown in daily online…
- Business
Commercial vehicle sales surge amid rapid urbanisation, economic growth in India
New Delhi: Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of…
- Business
LG targets over $725 million in sales from smart factory solutions by 2030
Mumbai: More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on…
- Business
Apple’s India sales hit new high in FY24 amid increased manufacturing, premiumisation trend
New Delhi: As China and Vietnam falter amid India’s push for domestic manufacturing owing to the production-linked incentive (PLI) scheme, tech giant Apple saw a robust around $8 billion sales in the…
- Business
BMW posts strong performance in H1, sees over 21 pc boost in car sales in India
New Delhi: BMW Group India has posted a strong performance in the first half (H1) of 2024 (January-June) as it witnessed a boost of over 21 per cent in car sales (BMW+MINI),…
- Business
EV sales up by 40 pc to 1.75 million units in FY2024 in India
New Delhi: India’s Electric Vehicle (EV) sales soared to 17,52,406 units in FY 2023-24 with a growth of 40.31 per cent on a Year-on-Year (YoY) basis. According to a report by JMK…
- Business
GenAI-based smartphones’ share in global sales rose to 6 pc in Q1: Report
New Delhi: Generative artificial intelligence (GenAI)-based smartphones contributed 6 per cent to global smartphone sales in the first quarter (Q1) of 2024, a significant increase from just 1.3 per cent in the…
- Business
Truecaller’s net sales up 8 pc in India with over 234 million daily active users
New Delhi: Leading caller identification app Truecaller on Tuesday reported an 8 per cent increase in net sales in India in the first quarter (Q1) of the calendar year, saying that the…
- Technology
SK hynix expects significant increase in sales of high-end chips
Seoul: SK hynix, the world’s second-largest memory chipmaker, said on Wednesday that it expects a significant increase in the portion of its high bandwidth memory (HBM) chip sales relative to total DRAM…
- Business
Hyundai Motor’s sales up 6 pc in US due to hybrids, EVs
Seoul: South Korea’s top automaker Hyundai Motor said on Saturday that it recorded a 6 percent increase in its sales in the United States last month. It sold a total of 60,341…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…
- Technology
Google to lay off ‘a few hundreds’ employees from ad sales team
San Francisco: After laying off nearly 1,000 employees last week, Google is reportedly slashing “a few hundred” more jobs in its advertising sales team as part of an ongoing restructuring exercise. Philipp…
- Business
India may see 1 cr EV sales per year by 2030, says govt
New Delhi: The country may see 1 crore electric vehicle (EV) sales annually by 2030, generating nearly 5 crore jobs, Minister of Road Transport and Highways, Nitin Gadkari, has said. As per…
