Searched for
AVERAGE ORDER VALUE
Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 croreHome and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an e...
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next DiwaliBrokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. K...
Why cheap stocks offer more safety than strong inflows, says Sundaram AMC MDTwo years ago, seasoned asset manager Anand Radhakrishnan moved from a long, successful stint as Chief Investment Officer (CIO) at Franklin...
Samvat 2083 begins: Will the good times roll for Indian businesses?Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and ...
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giantsQuick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are ...
NSE overhauls closing price discovery, changes F&O expiry settlement rules from December 7The NSE has announced changes to the Closing Auction Session (CAS) in the equity cash segment and trading rules in the equity derivatives s...
Rs 8.02 lakh leave encashment tax exemption denied: Retired employee wins case in ITAT SuratRetiree Mr. Patel from Bharuch, Gujarat, sought a complete tax exemption on Rs 8.02 lakh of leave encashment. Initially, his company certif...
Cars to clogs: Dhanteras brings out best retail day of year; takes festive value sales up 20%Buoyant festive demand in Dhanteras, India’s largest sales period, will be a relief to companies and retailers as it comes in the backdrop ...
Art, culture and a personal touch shape new-age corporate giftingThis Diwali, corporate gifting is experiencing notable growth as companies prioritize personalized and curated hampers. Many businesses are...
Equity mutual fund inflows may drop 18% in October as midcap and hybrid funds lose momentum: NomuraNet equity inflows into Indian mutual funds are estimated to have declined 18% month-on-month to Rs 34,600 crore in October, according to N...
Nykaa Q2 profit more than triples, operating revenue grows 28%The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business...
Nykaa gives beauty a quick-commerce makeover, targets expansion to 25-plus cities by FY27-endNykaa is expanding its quick-commerce service, Nykaa Now, to more than 25 cities by FY27-end, from 15 in Q2FY27. The company is banking on ...
From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billionThe Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer int...
India’s manufacturing output dominated by large factories, while smaller units lag behindIndia's manufacturing sector is highly fragmented, with large factories significantly outpacing small units in productivity and output. Whi...
Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...
Micro occasions fuel demand surge across quick commerce, beauty servicesOn Myntra Now, overall orders rose about 70% on October 29 compared to regular days. “We saw intent for Karva Chauth starting from October ...
Reliance Retail says profit margins will improve from next year as its online business investments pay offWith ongoing investments in ecommerce, Reliance Retail expects better Ebitda margins. The company is enhancing dark stores to ensure quicke...
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
Jupiter Wagons shares rally 8% on Rs 1,140 crore Railway Board orderJupiter Wagons shares rallied over 8% after securing a Rs 1,140 crore Railway Board order for 2,583 wagons. The company expects additional ...
Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending risesBank of America expects revenue of Rs 4,130 crore and a net loss of Rs 141 crore for the quarter. Jefferies estimates revenue of Rs 4,064 c...