News for 'online sales'

Apple India sales slow as consumers wait for offers

Apple India sales slow as consumers wait for offers

Rediff.com29 Oct 2015

Apple follows the October to September calendar for its financial results.

GST Authority Summon Insurance Intermediaries

GST Authority Summon Insurance Intermediaries

Rediff.com2 Mar 2023

At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.

Read This Before Filing Your Tax Return

Read This Before Filing Your Tax Return

Rediff.com20 Jul 2023

It is important to have the necessary documents on hand to verify the information in the form.

Manufacturers using banned articles in green firecrackers, says SC

Manufacturers using banned articles in green firecrackers, says SC

Rediff.com6 Oct 2021

The Supreme Court Wednesday said that under the guise of green crackers, banned articles are being used by firecracker manufacturers and reiterated that its earlier order banning joint crackers must be complied with by every state.

COVID fallout: Markets crowded, but malls empty

COVID fallout: Markets crowded, but malls empty

Rediff.com17 Dec 2020

What can malls do to entice customers? Brand coach Ambi Parameswaran has a few suggestions.

Sebi opens doors for MF investment platforms to charge transaction fee

Sebi opens doors for MF investment platforms to charge transaction fee

Rediff.com21 Dec 2022

Online mutual fund (MF) investment platforms like Groww, Zerodha Coin and Paytm Money, which allow investments in direct MF schemes for free, will soon be able to charge their customers or the fund houses for executing transactions. "They can charge some money but commission-like structure won't be allowed," Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), said on Tuesday. At present, none of these online investment platforms generate any revenue through the MF sales.

The Complete Man shuns online, sticks to physical stores

The Complete Man shuns online, sticks to physical stores

Rediff.com17 Nov 2018

In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.

Indian artworks' online auction fetches $3.6 mn

Indian artworks' online auction fetches $3.6 mn

Rediff.com7 Sep 2007

Atul Dodiya's Chickoo Drawing which fetched just over $3.19 lakh topped the lot in the auction by Saffronart which ended on Thursday.

Near-term demand worries to weigh on Hindalco stocks

Near-term demand worries to weigh on Hindalco stocks

Rediff.com20 Aug 2023

Hindalco's first quarter (Q1FY23) results indicate healthy domestic volumes for aluminium and copper, and lower cost of production. Subsidiary Novelis saw weak volume trends but it managed to push operating profit margins on a better mix and pricing hikes. The weak global outlook on aluminium is a cause for ongoing concern.

Consumer goods: How lockdown 4.0 was different

Consumer goods: How lockdown 4.0 was different

Rediff.com8 Jun 2020

From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.

Jet looks at cutting distribution costs, focuses on web sales

Jet looks at cutting distribution costs, focuses on web sales

Rediff.com14 Sep 2011

Jet Airways is pushing web sales to increase its revenue and cut distribution costs. The airline is selling 100,000 seats at a discount to drive this strategy.

Committed to growing, investing more in India, Tim Cook tells PM Modi

Committed to growing, investing more in India, Tim Cook tells PM Modi

Rediff.com19 Apr 2023

Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.

US-based Coupang to set up tech centre in India

US-based Coupang to set up tech centre in India

Rediff.com18 Aug 2023

Coupang, a prominent online retail giant headquartered in the United States (US), is gearing up to establish a cutting-edge technology centre in India, aiming to hire several dozen skilled professionals by the end of the year, Business Standard has learnt. The intended expansion involves the recruitment of software engineers across various domains, underscoring Coupang's commitment to extend its global reach. The Indian team will support the company's global technology team, sources said.

Amazon wins interim relief; Future-Reliance deal put on hold

Amazon wins interim relief; Future-Reliance deal put on hold

Rediff.com26 Oct 2020

Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance.

Beware! New info stealing virus in online banking space

Beware! New info stealing virus in online banking space

Rediff.com19 Jan 2014

The 'severely' spreading virus of the Trojan family has been detected conducting its clandestine operations at the point of sale counters placed at retail terminals after the RBI made it mandatory in December last year for debit cards holders to punch in their PIN every time they make a purchase.

Maharashtra asks Snapdeal to stop selling prescription drugs

Maharashtra asks Snapdeal to stop selling prescription drugs

Rediff.com18 Apr 2015

Flipkart, Amazon, too, under radar

For first time in 20 years, Indian mobile phone sales drop

For first time in 20 years, Indian mobile phone sales drop

Rediff.com19 May 2015

Experts believe cyclical glitches account for the downturn in mobile-phone sales

'Sachin's 200th Test tickets sold out in 15 hours'

'Sachin's 200th Test tickets sold out in 15 hours'

Rediff.com12 Nov 2013

A day after Kyazoonga.com, crashed due to heavy traffic, it announced that all the tickets made available to them by the state cricket association were sold out within 15 hours of going on sale.

Indian smartphone market dips to three-year low at 43 million in Q2: IDC

Indian smartphone market dips to three-year low at 43 million in Q2: IDC

Rediff.com14 Nov 2022

Smartphone shipment in India declined by 10 per cent to hit a three-year low of 43 million shipment in the July-September 2022 period, market research firm International Data Corporation said on Monday. The 5G smartphone share reached 36 per cent of total smartphones during the reported quarter with 16 million units at a slightly higher average selling price of $393, about Rs 32,000, apiece compared to $377, about Rs 30,600, in the previous quarter. "India smartphone market declined 10 per cent year-over-year (YoY) shipping 43 million units in July-September 2022.

Spectacles worn by Gandhi emerge at UK auction

Spectacles worn by Gandhi emerge at UK auction

Rediff.com9 Aug 2020

East Bristol Auctions in Hanham, south-west England, said on Sunday that they were pleasantly surprised to find that the spectacles, dropped through their letterbox in an envelope, may have such a rich history behind it.

Jolt for IPOs of some small finance banks

Jolt for IPOs of some small finance banks

Rediff.com17 Jul 2023

Investor confidence in unlisted shares was shaken after recent developments that saw online drugstore PharmEasy issuing new shares in a rights issue at a 90 per cent discount to its previous valuations and Reliance Retail's move to buy back and cancel shares held by public investors. Both stocks were, at one time, very popular in the unlisted market, with canny investors cornering them with the objective of benefiting from their listing. "Since investors have suffered losses on both counts, they will be careful when it comes to dealing in shares of unlisted companies," observes a broker dealing in unlisted shares, adding that there will be some rationality to the pricing.

10 planned Mercedes launches on schedule

10 planned Mercedes launches on schedule

Rediff.com16 May 2020

'Even during the lockdown, we have received many online enquiries and subsequent bookings.'

Car sales to Uber and Ola flatten out

Car sales to Uber and Ola flatten out

Rediff.com20 Jul 2017

Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.

Tickets for IPL opening match on sale

Tickets for IPL opening match on sale

Rediff.com25 Feb 2010

The Indian Premier League on Thursday announced the sale of tickets for the inaugural match of third edition of the Twenty20 tournament, at D Y Patil stadium in Navi Mumbai on March 12. The tickets are priced from Rs 500 upwards and fans can avail them online at www.iplt20.com. Tickets for other venues are also available online.

Alibaba Singles' Day sales hit new record, surge past $9 billion

Alibaba Singles' Day sales hit new record, surge past $9 billion

Rediff.com12 Nov 2014

The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion public share listing in New York.

Loans May Become Costlier

Loans May Become Costlier

Rediff.com4 Dec 2023

'Try to obtain a secured personal loan or credit card by offering some collateral, such as a fixed deposit or gold.' 'Not only will this improve your eligibility, but the lender may even offer a lower interest rate.'

After 2 years, Micromax returns to top 5 in smartphone sales

After 2 years, Micromax returns to top 5 in smartphone sales

Rediff.com24 Oct 2018

But this could be shortlived as the rise has been buoyed on Chhattisgarh assembly poll freebies

GST authorities quiz auto dealers on fake invoicing

GST authorities quiz auto dealers on fake invoicing

Rediff.com26 Apr 2023

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.

Small stores go out of business as consumers flock online

Small stores go out of business as consumers flock online

Rediff.com2 Oct 2014

Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.

RIL lags as markets near new highs; investors fret over rising debt

RIL lags as markets near new highs; investors fret over rising debt

Rediff.com6 Jun 2023

Reliance Industries (RIL) was the top-performing index stock on Friday (May 26) and closed the day with gains of 2.8 per cent, against a 1 per cent rise in the benchmark S&P BSE Sensex during the day. RIL's performance on the bourses on Friday was, however, an exception, and the stock has struggled to beat the broader market for nearly two years now. The company's share price is currently at the same level as in September 2021, while the benchmark index is up 6 per cent in the period.

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Rediff.com4 Oct 2023

The broking industry's pecking order is set to change with Groww, a fin-tech startup from Bengaluru, poised to topple the industry's poster boy, Zerodha, as the leading brokerage in the number of active investors. According to data provided by the portal Topsharebrokers.com, Zerodha has 6.32 million active investors, while Groww is at 5.99 million. It is projected that Groww, which has grown at a much faster clip over the past two years, will surpass Zerodha this month, or next month.

FMCG firms fear retailer backlash could impact sales

FMCG firms fear retailer backlash could impact sales

Rediff.com10 Nov 2016

While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

Smartphone sales growth slows to 14% in 2017

Smartphone sales growth slows to 14% in 2017

Rediff.com5 Jan 2018

Trends like bundled offers and 4G-LTE feature phones could become mainstream in 2018

Death of a Salesman Revisited

Death of a Salesman Revisited

Rediff.com11 Aug 2021

...Are algos taking over from 'shoeshine and a smile', asks Ajit Balakrishnan.

After tax sops, govt ushers FDI reforms to propel growth

After tax sops, govt ushers FDI reforms to propel growth

Rediff.com28 Aug 2019

FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.

Tendulkar's 200th Test: Fans' frustration grows as website selling online tickets crashes

Tendulkar's 200th Test: Fans' frustration grows as website selling online tickets crashes

Rediff.com11 Nov 2013

Cricket fans were left frustrated on Monday as they were unable to access the website selling online tickets for Sachin Tendulkar's 200th Test match.

Consumer durables may see double digit growth in 2022

Consumer durables may see double digit growth in 2022

Rediff.com21 Dec 2021

The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.

Jewellers expect strong demand during Dhanteras

Jewellers expect strong demand during Dhanteras

Rediff.com31 Oct 2021

With Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the festive mood remains high with low Covid third wave possibility and softer gold price this season. The industry expects the trends in 2021 will be able to reach pre-covid level sales of 2019 on the back of gold price hovering at Rs 46,000-47,000 per 22 carat 10 grams gold nearly 5 per cent lower than 2020, and jump in number of weddings, a senior official of an industry body said. "Since Navratri market is showing demand. It will continue on Dhanteras also.

Google tax in line with WTO rules: Govt

Google tax in line with WTO rules: Govt

Rediff.com17 Jul 2020

The government said that far from targeting any US entity, the purpose was to ensure fairness, healthy competition, and to exercise the ability of governments to tax businesses having a nexus with the Indian market through digital operations.