CAIT pegs Rs 50,000 crore losses to Chinese exporters this Diwali
NEW DELHI: Trader’s body CAIT on Friday said it estimates Chinese exporters to suffer business losses worth Rs 50,000 crore this Diwali season due to its boycott call. The Confederation of All India Traders (CAIT) also expects that consumers may spend about Rs 2 lakh crore during the Diwali festival sale period. “Like previous year, […]
Mahindra set to deliver 1,000 ‘All-New Thar’ SUVs during Diwali
NEW DELHI: Automobile major Mahindra & Mahindra on Friday said that it is set to deliver 1,000 ‘All-new Thar’ SUVs across the country, during this Diwali festive period. According to the company, deliveries are based on the sequence of bookings received for the variants that are available. The delivery process had commenced on November 1, […]
Economic slowdown hit jewellery and apparel sales this Diwali: Report
NEW DELHI: Festive shopping for jewellery and apparels has seen a massive hit in the run-up to the Diwali festivities, a report said on Monday. The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline. Release of […]
Plea by Amrapali CMD, two others for visiting homes on Diwali rejected by Supreme Court of India
NEW DELHI: The Supreme Court of India on Wednesday dismissed the plea of the Chief Managing Director (CMD) of Amrapali real estate group Anil Sharma and two other directors seeking permission to visit their homes to celebrate Diwali and other festivals with their family members. The apex court directed that the CMD and two other […]