Amazon says sold 15 million units in five days of Great Indian Festival

    Amazon and rival Flipkart went head on over the past few days with their respective sale events, Great India Festival and Big Billion Days. Bengaluru: Online marketplace Amazon India said it sold 15 million units from 90% of all pin codes in the country during its five-day sale, an indication of the potential of e-commerce […]

    Jaguar Land Rover sales up 34% in July at 44,486 units

    The Jaguar brand also recorded its best July ever, delivering 13,198 vehicles, up 91% on the previous year. Photo: Bloomberg New Delhi: Tata Motors-owned Jaguar Land Rover on Friday reported 34% jump in retail sales in July at 44,486 units. The month’s performance has been driven by strong sales of Land Rover Discovery Sport, Jaguar […]

    Toshiba says it may write down nuclear business, US units probed

    The latest developments concerning Toshiba’s nuclear business and the probe highlight that its accounting woes are far from over. Photo: Reuters Tokyo: Japan’s Toshiba Corp said on Friday it was looking at whether it would need to write down its nuclear business given damage to the company’s credit profile after a $1.3 billion accounting scandal […]

    Xiaomi Mi 5’s First Flash Sale Sees 4 Million Units Sold: Reports

    Xiaomi’s Mi 5 is already a hit among users, it appears. The first flash sale of the flagship smartphone in China on Wednesday saw nearly 17 million users showing interest in the device, and reportedly 4 million units were sold. The response was so overwhelming that Xiaomi has reportedly asked Foxconnto ramp up the production […]