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  • Cement companies profitability seen dipping 15% on input costs Sep 26, 2022 07:35 PM IST

    Cement companies profitability seen dipping 15% on input costs

    The sector is set to witness a significant spurt in the capex of over Rs 27,000 crore this fiscal from under Rs 19,000 crore last year will not make a dent as most of this capex will be funded largely from internal accruals.

  • Samsung sells over 12 lakh smartphones worth Rs 1,000 crore on Day 1 of online festive sales Sep 25, 2022 06:30 PM IST

    Samsung sells over 12 lakh smartphones worth Rs 1,000 crore on Day 1 of online festive sales

    Samsung has slashed prices of Galaxy series smartphones in the range of 17 to 60 per cent for the festive season sales.

  • Indonesia trimming palm oil stocks with discounts, India sales Sep 20, 2022 08:10 AM IST

    Indonesia trimming palm oil stocks with discounts, India sales

    Backed by Jakarta's waiver of palm oil export levies, which was recently extended to Oct. 31 and reversed course from an export ban in May that had shut them out of global trade, producers are moving in to lighten up their stocks at tempting prices.

  • Pre-owned car market in India expected to grow at 19.5% till FY27: Report Sep 12, 2022 08:19 PM IST

    Pre-owned car market in India expected to grow at 19.5% till FY27: Report

    The demand in smaller towns is expected to grow at a 30 per cent CAGR by 2026 as compared to a 10 per cent CAGR in the top 40 cities.

  • Nikon India hopes to cross Rs 1,000 crore revenue by FY24 amid robust recovery in sales Sep 09, 2022 08:05 PM IST

    Nikon India hopes to cross Rs 1,000 crore revenue by FY24 amid robust recovery in sales

    The product that caters to content creators for social media and bloggers is growing at 45 percent in the entry-to-mid-range segment

  • Top rice exporter India curbs sales amid global inflation Sep 09, 2022 07:39 AM IST

    Top rice exporter India curbs sales amid global inflation

    The South Asian country prohibited exports of broken rice and imposed a 20% levy on shipments of unmilled and husked brown varieties, according to statements from the government late Thursday. Semi-milled and wholly-milled rice, except parboiled and basmati varieties, will also have a similar duty.

  • iPhone sales likely to be around 7 million in 2022: Techarc Sep 08, 2022 10:18 PM IST

    iPhone sales likely to be around 7 million in 2022: Techarc

    iPhone user mark is expected to cross 20 million this year, the market research and analyst firm said.

  • Tier-II cities emerge as real estate growth corridors: PropEquity Sep 05, 2022 08:02 PM IST

    Tier-II cities emerge as real estate growth corridors: PropEquity

    Ahmedabad’s residential real estate market size of Rs 83,390 crores has outshone some of the Tier 1 cities like Chennai and Kolkata with market sizes of Rs 52,554 crore and Rs 38,440 crores respectively.

  • MG Motor retail sales dip 11% in August on supply chain woes Sep 01, 2022 10:57 AM IST

    MG Motor retail sales dip 11% in August on supply chain woes

    The company retailed 3,823 units last month as compared to 4,315 units in August 2021.

  • Diageo Pauses Some Whiskey Sales in India to Push Price Hikes Aug 26, 2022 07:19 AM IST

    Diageo Pauses Some Whiskey Sales in India to Push Price Hikes

    United Spirits Ltd has paused whiskey sales in a number of states yet to budge on price caps despite rising inflation.

  • Luxury housing sales double to 14% in H1 2022 from 7% in 2019; MMR sees highest luxury home sales Aug 22, 2022 03:39 PM IST

    Luxury housing sales double to 14% in H1 2022 from 7% in 2019; MMR sees highest luxury home sales

    Approximately 25,680 luxury homes (units priced more than 1.5 crore) were sold across the top 7 Indian cities in H1 2022, against 17,740 units in 2019; in H1 2022 itself, sales exceeded those in entire 2019

  • Japan's Lixil Corporation aims Rs 1,000 crore sales from India in next 3 years Aug 20, 2022 07:35 PM IST

    Japan's Lixil Corporation aims Rs 1,000 crore sales from India in next 3 years

    Lixil operates in India through its brands Grohe and American Standard.

  • Samsung says inflation not impacting phone sales revenue; 50,000 bookings for foldable phones in a day Aug 18, 2022 07:50 AM IST

    Samsung says inflation not impacting phone sales revenue; 50,000 bookings for foldable phones in a day

    The company has witnessed record pre-bookings by 50,000 customers for its newly-launched flip and fold mobile phones models costing between Rs 90,000 - Rs 1.5 lakh within 24 hours, Aditya Babbar, its head of product marketing, told PTI.

  • Noise plans to make 10 lakh smartwatches a month; to raise local production to 80% of sales Aug 14, 2022 03:40 PM IST

    Noise plans to make 10 lakh smartwatches a month; to raise local production to 80% of sales

    The company has produced 10 lakh units of its all products, including total wireless audio devices and smartwatches till date.

  • Apple expects to sustain iPhone sales in 2022 as market slows Aug 12, 2022 07:15 AM IST

    Apple expects to sustain iPhone sales in 2022 as market slows

    The tech giant is telling its assemblers to make 90 million of its newest devices, on par with last year, despite deteriorating projections for the smartphone market, according to people with knowledge of the matter.

  • Godrej Properties eyes Rs 8,000 crore sales revenue from housing project in Delhi's Ashok Vihar Aug 11, 2022 05:53 PM IST

    Godrej Properties eyes Rs 8,000 crore sales revenue from housing project in Delhi's Ashok Vihar

    Mumbai-based Godrej Properties Ltd (GPL), which is part of business conglomerate Godrej group, is waiting for some pending government approvals to launch this 27-acre luxury residential project in Delhi-NCR, its best performing market last fiscal.

  • Tata Chemicals reaps the benefits of tight soda ash market Aug 11, 2022 10:39 AM IST

    Tata Chemicals reaps the benefits of tight soda ash market

    Operating and net earnings jumped as the company benefited from higher prices and realisations

  • The odds are stacking up against farm input exporters Aug 10, 2022 09:23 AM IST

    The odds are stacking up against farm input exporters

    While inflation and currency volatility are exerting unforeseen costs, drought in Europe can weaken demand

  • Alibaba sales better than feared in defiance of economic turmoil Aug 04, 2022 06:08 PM IST

    Alibaba sales better than feared in defiance of economic turmoil

    China’s e-commerce leader reported revenue of 205.6 billion yuan ($30.4 billion) in the June quarter, enough to beat projections for 204 billion yuan. Net income fell 50% to 22.7 billion yuan. Its shares rose more than 3% in pre-market trading in New York.

  • Alibaba and Tencent face end of an era as sales start to shrink Aug 03, 2022 07:59 AM IST

    Alibaba and Tencent face end of an era as sales start to shrink

    The milestones are a reminder for investors that, after a government crackdown that wiped more than $1 trillion off their combined market value in 2021, Alibaba and its longtime arch-rival are shadows of their former selves.

  • Premium handset makers to gain market share as consumers seek more features Aug 02, 2022 02:21 PM IST

    Premium handset makers to gain market share as consumers seek more features

    Mobile phone users are increasingly upgrading to devices that allow them to consume and generate content and play graphic-rich games, among other features

  • Suzuki Motorcycle India sells 76,230 motorcycles in July Aug 01, 2022 09:49 PM IST

    Suzuki Motorcycle India sells 76,230 motorcycles in July

    Of this, 60,892 motorcycles were sold in the domestic market while the remaining 15,338 units were exported, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement.

  • Castrol India profit rises 47% to Rs 206 crore in June quarter Aug 01, 2022 09:43 PM IST

    Castrol India profit rises 47% to Rs 206 crore in June quarter

    The company had recorded a Profit After Tax (PAT) at Rs 140 crore the second quarter of 2021, Castrol India said in a statement.

  • Nissan Motor sales rise 2% in July Aug 01, 2022 09:31 PM IST

    Nissan Motor sales rise 2% in July

    The company said its domestic and overseas wholesales stood at 8,156 units in July 2021.

  • M&M shares jump over 6% after July sales data; hit 52-week high Aug 01, 2022 05:36 PM IST

    M&M shares jump over 6% after July sales data; hit 52-week high

    The stock climbed 6.15 per cent to settle at Rs 1,236.35 apiece on the BSE. During the day, it rallied 7.18 per cent to its 52-week high of Rs 1,248.40.

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