There has been a 49 per cent surge in online sales during the festive season this year driven mainly by purchases from smaller cities (Tier-II and Tier-III) in the country, which account for over 60 per cent of sales, according to a report compiled by logistics intelligence platform ClickPost. ...
As private consumption surges in smaller cities and towns in India which is driven by high pent-up demand and premiumisation wave, the e-commerce platforms registered more than Rs 1 lakh crore in gross merchandise value (GMV) in the month-long festive season. ...
Swiggy’s Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company’s high valuation, coupled with its ongoing losses, raises concerns about its long-term sustainab...
India’s electric vehicle (EV) charging market is projected to reach $3.7 billion by 2030, led by an increasing adoption of EVs, according to a report on Tuesday. ...
The upcoming wedding season in India which will extend from November 12 till December 16 is likely to generate business worth nearly Rs 6 lakh crore from 48 lakh weddings which constitutes a 41 per cent increase over the corresponding figure of Rs 4.25 lakh crore recorded for 35 lakh weddings last year, according to a stud...
The Union government has released the 15th Finance Commission Grants during the financial year 2024–25, for the rural local bodies of Haryana, Tripura and Mizoram, the Ministry of Panchayati Raj announced on Tuesday. ...
Digital business and IT services company NTT Data on Monday said it currently has 2,600 Google-certified engineers in 50 countries and plans to certify at least 1,000 more in the Asia-Pacific region, while aiming to grow its cloud business in APAC by over 10 times in three years. ...
India’s manufacturing sector growth accelerated in October, fuelled by faster increases in total new orders and international sales, leading to the creation of more jobs during the month, according to the HSBC data released on Monday. ...
The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday. ...
The Government e-Marketplace (GeM) on Monday said it has revamped and introduced 170 seed categories on the portal to simpl...
