At a time when new car sales are witnessing record decline in India, pre-owned vehicles are likely to witness 10 per cent growth in sales to touch 4.4 million units in 2019 with millennials emerging as major buyers, according to a report by consumer-to-consumer marketplace OLX.
The accused had taken a picture of the 'Jansampark Kaaryalay (public relations office)' of Modi, who represents Varanasi in the Lok Sabha, and put it 'up for sale' on OLX website, they said.
With its free listing of goods and services, Facebook could disrupt the paid model adopted by classified players in the country, say Ayan Pramanik and Raghu Krishnan.
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
Even as the semiconductor shortage has limited the demand for new cars, the pre-owned car segment is seeing a surge. A preference for personal mobility, availability of multiple organised online platforms, including e-commerce channels, aggregators, and classifieds, have been fuelling growth. The growth rate of the pre-owned car market is expected to be 1.5x that of the new car market over the next five years.
There is also an interesting name OLX gave the idle stuff lying in our homes: brown money. Over lunch, OLX CEO Amarjit Singh Batra tells Uttran Das Gupta how the company is weaning Indians away from their "irrational emotional attachment to things."
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
It's best to avoid deals that sound too good to be true.
A dummy's guide to get the best price for your car.
The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.
The pre-owned vehicles arm of the Mahindra Group plans to add 30 outlets in a few days taking the total number to 1,000.
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Each of the centres will have facilities such as Wi-Fi, air conditioning, free housekeeping services, locker facilities, and CCTV surveillance
Most e-commerce firms offer aggressive discounting and freebies, with specific purchases.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.
The data reimbursed via Gigato is unrestricted.
India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.
History of sorts was created in Kolkata when about 60,000 people took to the streets of the West Bengal capital on Saturday demanding resignation of Jadavpur University vice-chancellor even as West Bengal Governor K N Tripathi intervened to end the four-day old stalemate in the prestigious educational institution.
Spends by e-commerce players have now touched Rs 1,000 crore.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Initiative aims to encourage more people to use the Internet.
In barter, you have the choice of picking up a product that's available with the barter company in exchange for the stuff you want to discard.
New government should consider reforming taxation rules.
Sell it to the company's shares during the next year.
E-commerce, Rs 1,000 crore (Rs 10 billion) as an advertising category, is expected to bring at least Rs 200 crore (Rs 2 billion) in ad spending next month, when there would be both Dussehra and Diwali.
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
Droom has seen aircraft such as the Falcon, Hawk and Cessna being rented.
Second hand goods are catching up with customers on renown shopping websites.
Kapil Sharma, the anchor of Comedy Nights with Kapil, is the hottest property on Indian television today
Once a rage on Indian roads, the Yezdi motorcyle and its cult are stronger than ever
Vikramank Singh looks back at the year gone by!
Quikr founder & CEO Pranay Chulet tells Raghu Krishnan and Bibhu Ranjan Mishra why money has never been an issue for Quikr and that someday he will make a romantic comedy.
This issue assumes greater importance if you are a managed marketplace in the hypercompetitive online world.
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