While the e-commerce platforms have seen an uptick in their festival season sale to Rs 24,500 crore, the average user spending has come down significantly
Customers placed a record of about 33.4 million orders during the mega sale with nearly 60 per cent of all orders coming from tier 4+ cities.
Trade and market sources said wheat prices in wholesale markets of Delhi have risen by around Rs 40 per quintal since September 1
For the first 4 days, an estimated Rs 11,000 crore worth of mobiles were sold from the large e-commerce players - In terms of units, 60-70 lakh mobiles were sold in the first 4 days
Nearly 55 million shoppers made online purchases during the first four days as overall daily average gross merchandise value (GMV) rose to 5.4 times, according to Redseer Strategy Consultant
LocalCircles report said CMIE had reported that the consumer sentiments decreased in August after rising in July
JioMart will host two sales during this time- Tyohaar Ready Sale and the Bestival Sale
Consumer durables industry coming back in terms after the setback of pandemic, says Vishal Bhola
Use current correction to build a 10-15% allocation to yellow metal
The numbers come amid preparations for Amazon's month-long flagship sale event The Great Indian Festival (TGIF), which starts on September 23
E-commerce firm's units for digital payments and selling cloud service report losses too for FY22
The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery
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The GSB Seva Mandal, one of the richest Ganesh mandals in Mumbai, has taken an insurance cover of Rs 316.40 crore for the upcoming Ganpati festival, a mandal representative said. All public liabilities and every devotee visiting the mandal is covered under the insurance, for the 10-day festivities beginning on Wednesday, said Vijay Kamath, chairman of the GSB Seva Mandal located at the Kings Circle in Mumbai. A mandal representative claimed it to be highest insurance cover taken by a mandal. The insurance worth Rs 316.4 crore includes Rs 31.97 crore cover for gold, silver and other valuable items, and Rs 263 crore of personal insurance cover for the pandal, volunteers, priests, cooks, footwear stall workers, valet parking persons and security guards. The mandal has also taken a Rs one crore standard fire and special peril policy with earthquake risk which covers furniture, fixtures, fittings, installations like computers, CCTVs and scanners, Kamath said. "We have covered all publi
Preparations are in full swing in temples across the country to celebrate Krishna Janmashtami today.
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