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 has slashed prices of Galaxy series smartphones in the range of 17 to 60 per cent for the festive season 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.
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.
The product that caters to content creators for social media and bloggers is growing at 45 percent in the entry-to-mid-range segment
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 user mark is expected to cross 20 million this year, the market research and analyst firm said.
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.
The company retailed 3,823 units last month as compared to 4,315 units in August 2021.
United Spirits Ltd has paused whiskey sales in a number of states yet to budge on price caps despite rising inflation.
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
Lixil operates in India through its brands Grohe and American Standard.
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.
The company has produced 10 lakh units of its all products, including total wireless audio devices and smartwatches till date.
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.
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.
Operating and net earnings jumped as the company benefited from higher prices and realisations
While inflation and currency volatility are exerting unforeseen costs, drought in Europe can weaken demand
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.
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.
Mobile phone users are increasingly upgrading to devices that allow them to consume and generate content and play graphic-rich games, among other features
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.
The company had recorded a Profit After Tax (PAT) at Rs 140 crore the second quarter of 2021, Castrol India said in a statement.
The company said its domestic and overseas wholesales stood at 8,156 units in July 2021.
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.