New launches recorded a growth of 106 per cent. Weighted average prices across all tier 1 cities remain stagnant
In an interview with Moneycontrol, the former Microsoft employee talks about how the company came into being and where it is headed
Domestic sales stood at 8,444 units last month as against 6,149 units in June 2017, up 37 percent, according to the company.
The contribution of affordable housing segment to the overall sales in eight Tier 1 cities stood at 18 percent. NCR highest sales contributor in the segment
Mumbai witnessed maximum growth of 23 percent, followed by NCR at 19 percent.
In 2018, sales increased by 29.3 percent to 17.26 million square feet compared to 13.35 mn sq ft over the same period a year ago.
The company, which has 84 retail jewellery stores across the country, had posted a net profit of Rs 106.97 crore in the year-ago period, the company said in a regulatory filing.
Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in December 2017 were at 47,182 units, an increase of 53 per cent over the same month previous year, the company said in a statement.
Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Registrations ended 2017 at around 2.54 million vehicles, according to provisional data, and are set to fall up to 7 percent this year, the Society of Motor Manufacturers and Traders (SMMT) said.
The move contrasts with the federal Liberal government's policy, which opposes slapping sales tax on Netflix and other providers of online services.
Net profit rose 19 per cent from a year ago to USD 10.7 billion in the fiscal fourth quarter to September 30, Apple said. Revenues were up 12 per cent to USD 52.6 billion.
HMIL Director, Sales and Marketing, Rakesh Srivastava said the company's October sales were driven by its popular models such as Grand i10, Elite i20 and Creta. Besides, the newly-launched Verna received strong customer response with over 20,000 cumulative bookings and 1.5 lakh enquiries, he added.
In the domestic market, its sales grew marginally to 48,818 units last month compared to 48,729 in October 2016.
Domestic tractor sales stood at 10,001 units as against 8,859 in October last year, up 12.9 per cent, Escorts Ltd said in a BSE filing.
New launches of homes fell by 53 per cent to 22,115 units in the second quarter of the current fiscal due to the implementation of new real estate law RERA, said the report by realty portal PropTiger.com.
Wal-Mart also forecast overall net sales would rise by at least 3 percent in the year ending January 2019, and said it would buy back $20 billion of its shares over the next two years.
Car sales went up 6.86 per cent to 2,08,656 units as against 1,95,259 units in September last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM) today.
The Chennai-based company had sold 2,93,257 units in September 2016. Total two-wheeler sales during the month increased 22 per cent to 3,50,854 units.
Domestic sales came in at 44,000 units as against 29,035 in the year-ago month, a growth of 51.54 per cent, it added. Export during the month stood at 1,563 units as against 1,527 in the year-ago month, up 2 per cent.
Car makers will need to amass credits for so-called new-energy vehicles (NEVs) equivalent to 10 percent of annual sales by 2019, China's industry ministry said in a statement on Thursday. That level would rise to 12 percent for 2020.
Nike is battling pressures on many fronts - in North America a reinvigorated Adidas has taken market share, while athleisure, a decade-long trend that saw shoppers wear sports apparel for formal and informal occasions, has been fading.
Thomson Reuters data, based on the latest annual earnings reports, shows India's corporate debt rose to a seven-year high at the end of March. More than a fifth of large companies did not earn enough to pay interest on their loans and the pace of new loans fell to the lowest in more than six decades.
Car sales were up 11.8 per cent to 1,98,811 units as against 1,77,829 units in August last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
The company had sold 26,408 units in the same month last year, Ford India said in a statement. Domestic sales were down 9 per cent to 7,777 units last month as against 8,548 in August last year, it said.