sales
- Business
Intel plans major layoffs this month as PC sales nosedive: Report
New Delhi: Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally. Bloomberg reported on Wednesday that…
- Business
5G-ready car sales cross 500K first time ever globally
New Delhi: The connected car penetration surpassed that of non-connected cars for the first time ever globally, capturing almost 50.5 per cent share in the second quarter (Q2) this year. 5G-ready car…
- Automobile
Hyundai, Kia’s US sales up 4.4% amid chip shortage
Seoul: Hyundai Motor Group said on Wednesday its vehicle sales in the United States rose 4.4 percent last month from a year earlier despite the extended chip shortage. Hyundai, its affiliate Kia…
- Automobile
Honda Motorcycles and Scooter overtakes Hero Motorcorp in retail sales
Chennai: The month of September 2022 saw Honda Motorcycle and Scooter India overtaking the world’s largest two-wheeler maker Hero Motocorp Ltd in terms of retail sales. Last month, over 2.85 lakh two…
- Automobile
Car makers log sales growth in September
Chennai: Festive season and new launches geared the passenger vehicle sales last month as car majors in India logged sales growth last month as compared to the previous year’s corresponding month. Maruti…
- Technology
India sees Rs 24,000 cr worth online festive sales in 4 days, mobiles lead
Bengaluru: Led by mobiles, e-commerce platforms in India clocked over Rs 24,500 crore (nearly $3.5 billion) in the first four days of the festive sales that began from September 22, signalling a…
- Business
Flipkart festive sales witness record 1.6 mn users per second
Bengaluru: E-commerce major Flipkart on Friday said that it witnessed highest-ever number of concurrent users with 1.6 million users per second as it kicked off the ninth edition of its ‘Big Billion…
- Hyderabad
Registration of homes in Hyderabad down 36 pc to 5,181 units in Aug
New Delhi: Registration of residential properties in the Hyderabad region fell 36 per cent year-on-year to 5,181 units on lower demand, according to Knight Frank India. In August 2021, 8,144 housing units…
- Business
Global E-com sales to drop by $95 bn in 2022, 1st time in history
New Delhi: In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales…
- Technology
Tencent fires 5.5K workers as sales down for 1st time since going public
Beijing: Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in the June quarter, down 3 per cent which is the first decline since going public. China’s…
- Technology
Samsung aims to boost foldables to half of total smartphone sales by 2025
Seoul: Samsung Electronics aims to raise the ratio of foldable phones to half of its total smartphone sales by 2025, a top executive has said, after the tech giant unveiled its latest…
- Automobile
Hyundai Motor targets 5,000-unit sales of Tucson
Chennai: India’s second largest car maker Hyundai Motor India Ltd targets to sell about 5,000 units of its new Tucson model this year, the company said on Wednesday. According to Hyundai Motor…
- Automobile
Tractor industry sales down to 59,586 units in July 2022
Chennai: The Indian tractor industry sold 59,586 units last month down from 80,980 units sold during July 2021, said Tractor Junction, a digital marketplace for tractors and farm equipment. According to Tractor…
- Technology
Alibaba lays off nearly 10K employees amid poor sales
Beijing: Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.…
- Technology
Qualcomm sales up 37%, mobile biz crosses $6 bn riding on Snapdragon chips
New Delhi: Chip-maker Qualcomm has reported a 37 per cent rise in its revenue in the June quarter despite challenging macro-economic environment, announcing the extension of its patent license agreement with Samsung…