Page 3 - Festive Season

Ola Electric aims to halve delivery timelines ahead of festive season

Ola Electric is gearing up for the festive season with an aggressive production and inventory push, aiming to slash vehicle delivery timelines by more than half, from the current handover period of 12-14 days, sources said. Reducing delivery timelines and improved handover experience have been identified as a key priority for the company this season. The company is working to ensure customers do not face the long waiting periods seen in earlier cycles. "The festive season is critical, and delivery speed will be the differentiator," a source said. Over the past few quarters, Ola has steadily shifted from a discount-driven industry playbook to a model anchored in profitability and sustainable growth. While rivals are expected to continue offering deep festive discounts of 10-12 per cent, often at the cost of burning cash, the company has stayed consistent with its focus on improving EBITDA margins. Ola Electric has sold over one million vehicles, nearly double of its closest rival

Diwali lineup: Fewer superstars, more sequels and big franchises

Diwali releases reflect the the new face of the movie business - fewer stars and more sequels and franchises

Desist from spending on festival gifts, Finance Ministry tells CPSEs

The Finance Ministry has asked CPSEs to discontinue the practice of spending on Diwali and festive gifts to ensure judicious utilisation of public resources and fiscal discipline

Flipkart Marketplace sees 25% rise in sellers ahead of festive season

Flipkart Marketplace has recorded 25-30% growth in sellers over six months, aided by AI tools, simplified GST compliance and expanded fulfilment ahead of the festive season

'Mid, smallcaps expensive, but smart stock picking can generate alpha'

With Dussehra and Diwali in October 2025, followed by the wedding season, we expect the benefits of pent-up demand to be fully captured during Q3FY26, says Agrawal

GST cut relief: Two-wheeler prices may decline by as much as ₹24,500

The GST Council recently cut tax rates on sub-350cc two-wheelers and three-wheelers from 28 per cent to 18 per cent, effective September 22, 2025

Glitter to gloom on the brass lanes as export orders dry up ahead of Diwali

Strap: In the aftermath of the US tariff, a ground report from Moradabad brings out the new realities of Peetal Nagri

TVS invests ₹100 cr in NTorq 150 launch, eyes festive scooter demand

TVS Motor has invested Rs 100 crore in its NTorq 150 Hyper Sport Scooter, aiming to capture festive-season demand and consolidate its position in the premium scooter market

Urban households choosing ecommerce for festive buying may increase 115%

The report noted that with the government rolling out GST reforms that have lowered prices of white goods and consumer electronics

Swiggy enters gifting market, unveils 'Giftables' ahead of festive season

Swiggy launches 'Giftables', a curated gifting service offering personalised gift options, delivered in under an hour, as quick-commerce firms race to expand offerings during the festive season

GST cuts fuel festive demand: Cars, bikes and gadgets set for sales boom

Electronics and auto makers raise output after GST cuts, expecting higher festive sales as small cars, two-wheelers, TVs and ACs turn cheaper from September 22

Small brands skip price wars, bet on premium strategy this festive season

Direct-to-consumer companies focus on personalisation and cultural relevance ahead of the festive season as big brands on large e-commerce platforms slash rates

Zomato hikes platform fee from ₹10 to ₹12 ahead of festive season rush

Zomato, led by CEO Deepinder Goyal, first introduced the fee at ₹2 in August 2023 as part of a strategy to improve margins and move toward profitability

Myntra ramps up hiring ahead of flagship sale event, adds 11,000 roles

Seasonal hiring includes around 30% women as demand ramps up before Big Fashion Festival

E-commerce GMV set to cross ₹1.15 trn, grow 20% in festive season: Redseer

The study attributes the momentum to a combination of factors like lower borrowing costs following repo rate cuts, pent-up demand, higher disposable incomes, and improved rural earnings

Festival season cheer on hold as auto buyers await GST relief and discounts

Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models

Amazon India hires 150,000 seasonal workers ahead of festive demand surge

Amazon India has created over 150,000 seasonal jobs across 400 cities to gear up for the festive shopping season, expanding initiatives for women, PWDs, health and associate welfare

Swiggy hikes platform fee to ₹14 in select regions for festive season

Swiggy temporarily raises platform fee from Rs 12 to Rs 14 in select regions during the festive season to manage high demand, with the hike expected to be rolled back soon

Hiring boom likely to bring early festival cheer for gig workers

India's festive season may create up to 200,000 jobs, with quick commerce and logistics driving growth and 26% of gig roles expected to continue post-season

Signature Global to launch ₹14,000 crore projects by festive season

Realty firm plans launches in Dwarka Expressway and SPR; Q1 net profit up 386% to ₹34 crore, revenue doubles on project completions and strong sales realisation