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INVENTORY PILEUP
Iran war: Indian seafood exporters stare at Rs 1,500 crore lossSustained disruption could destabilise the coastal economy and weaken India’s export competitiveness, say experts and stakeholders- The Tata-Marutis of India drive clearance sale offer. But what's the need for it?As the festival season arrives, major automakers are offering significant discounts on cars to address a growing inventory surplus. Tata Mo...
- Polls, heatwaves cool smartphone sales in June qtrIn the June quarter, smartphone sales in New Delhi declined by 1-2% due to heatwaves and elections, causing an inventory buildup. Samsung, ...
- Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-upThe wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a sin...
- Good tidings for textiles industry as experts see pick-up in production, exports"We are expecting a pick-up in production for the remainder of the year. Last year also, the turnaround happened post January," said a seni...
- Discounts, promos help smartphone cos cut inventory ahead of festivalsThe inventory has come down significantly from the 12-13 weeks' pile-up by the end of the March quarter as a result of aggressive promotion...
- Discounts, offers on smartphones set to abate most inventory cleared due to huge festive demandThe tremendous response to online shopping sales this festive season has cleared off smartphone inventory in the market after two dull year...
- JSW Steel Q1 profit more than halves on lower salesConsolidated total revenue of the company dipped 3.45 per cent YoY to Rs 19,812 crore.
- Auto retail sales continue to decline shows registration data, Q1 sales down 6%Passenger vehicles were the rare bright spot with only a 1% decline in sales for the first quarter to 7,28,785 units.
- Vehicle dealers see inventory pileup as sales continue to dipThe worst hit were commercial vehicles with 16% on-year dip in registration numbers to 63,360 units in April.
- Inventory pile-up sends potato crashing to Rs 2 a kgAccording to traders, potatoes were stocked at a cost of Rs 8-12/kg around the time and was sold in retail at Rs 18-20/kg.
- Cash crunch hits mobile sales, inventories pile upSeveral brick-and-mortar retail stores across the Delhi-NCR region that ET spoke to said sales were down 70-80% from pre-demonetisation day...
- Oil steadies on record US inventory pile-upWest Texas Intermediate (WTI) futures recovered 1.1% after tumbling 2.9% on Wednesday following a report from the Energy Information Admini...
- Manufacturers worried as fertiliser sales dip to three-year lowManufacturers of complex fertilisers fear severe pressure on profit margins as sales plunge to a 3-yr low because of farmers shifting towar...
- 'Premium housing prices may fall soon on inventory pile-up'Investorscan look forward to premium housing units getting cheaper by up to 20 per cent and gold prices rising significantly this festive s...
- Tata Motors cuts down production on lower sales; stock downShares of Tata Motors were down on profit booking on Thursday following reports that the company has cut down on production due to lower sa...
- Calculus: Slowdown in automotive, industrial sectors hurts Bharat ForgeBharat Forge reported a fall in its revenue and profit due to slowing demand from the automotive and industrial sectors.
- Cement prices raised in West Bengal, Bihar and Orissa: SourcesCement manufacturing companies have raised cement prices by Rs10-12 per bag in West Bengal, Bihar and Orissa regions, according to sources.
- Paper companies: Demand to go up, but exports cause concernThe good times may be back for paper companies. A look at the financial performance of the top five paper companies shows that except for B...
- Inventory pile-up may have done it for IIPThe growth in industrial production or factory output of 10.4% in August 2009, the best in 22 months had economists and analysts scrambling...
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