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DIWALI COMPANY BUDGET
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...- Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...
- 'Ise aacha gift to hamara boss deytay hai': Reliance Jio's Diwali gift goes viral – Here’s what the Ambanis gave their employeesDuring Diwali, companies often gift employees, but a video of a Reliance employee revealing her dry fruit gift has gone viral, sparking var...
- Budgets up, hampers in, India Inc Diwali gifts to light up festivitiesAfter a lackluster 2023, corporate gifting companies like IGP, FNP, PrintStop, Loopify, and Swageazy are experiencing a 25-50% increase in ...
- Diwali season: Gifting companies feel freeze of IT slowdownIT/ITeS companies - which, with their huge workforces, are among the biggest spenders on Diwali gifts - have slashed their gift budgets by ...
- Rising Covid-19 cases dampen jewellers' optimism of sales picking up in wedding seasonJewellery is an integral part of Indian weddings. Ornament sellers fear that marriages fixed for the December-January period may get pushed...
- Corporates cut down on Diwali gifting budget amid pandemic bluesCompanies have slashed their Diwali gifting budgets by 20-50% this year, according to gifting companies from sweets and fast-moving consume...
- Snapdeal to launch 3 e-stores for festival essentialsSnapdeal said the e-store will also have all products required for the Diwali pooja, including idols of Lakshmi and Ganesh.
- Hit by DeMo-GST, corporates slash gifts by 35-40%: AssochamCorporate India is going rather lukewarm in Diwali gifts this year, slashing the budget by at least 35-40% under this head, says an Assocha...
- Pre-GST buying takes a toll on festive salesCompanies said the decline is due to consumers advancing purchases during the pre-GST sales in June with retailers in a hurry to liquidate ...
- Snapdeal stops affiliate sops for customers in cash struggleSnapdeal’s affiliate network comprises coupons, deal and cashback channels as well as blogs that bring in potential customers to website an...
- Chinese mobile phone companies Oppo, Vivo and Gionee plan a big-bang DiwaliIndian players including Micromax, Intex, Karbonn and Lava would be investing an average of Rs 40-45 crore, as handset makers vie for highe...
- Companies plan slashing gifting budget this Diwali: ASSOCHAMCompanies may cut their corporate gifting budgets by up to 20 per cent in view of the uncertain recovery in economic growth and spiralling ...
- No grand gifts this year as firms slash budgetsInstead of phones and laptops, you can expect only their covers, or less expensive items such as irons and electric toasters.
- Hit by severe slowdown, India Inc to halve ad spend this DiwaliMoreover, automobile and consumer durables players are slashing their ad expenditure by over 65 per cent this Diwali, the survey said.
- Diwali sparkler: Companies maintaining pre-festive season bonuses in line with last year’s payouts"In India, all big-ticket purchases happen during this time and by giving a bonus now, firms push their employees to step up," Aditya Naray...
- India Inc to slash festive budgets, give out lower bonuses: Assocham surveyTough business environment marked by high inflation, drop in earnings and decline in new business orders is taking a toll on this festive s...
- Slowdown forcing companies to cut Diwali gift budgets by 50%Don't expect lavish gifts from corporates this Diwali. Rising costs and shrinking margins are forcing corporates to cut their gift budgets ...
- India Inc’s gift pack turns economicalIt’s that time of the year when couriers scurry between offices delivering thousands of corporate gifts. But, the economic slowdown and cos...
- When it comes to gifts, cos go for economy packIt’s that time of the year when couriers scurry between offices delivering thousands of corporate gifts. But, the economic slowdown and cos...
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