Category: How it Works

Indian auto retailers sell over 90,300 vehicles each day in the festive season — SUVs most in demand

According to FADA, a key point to note is that rural areas particularly contributed to the surge in two-wheeler purchases. (Representative Image: Eric Saunders via Unsplash)

FADA said that despite initial underperformance during Navratri, particularly in the passenger vehicle sector, the situation improved by Deepawali, ending with a 10% growth rate. While SUVs were the highest demanded vehicles, inventory levels for passenger vehicles remain a significant concern.

Sudhir Sitapati and Vinay Sitapati shed light on how politics influences consumer behaviour

India is gearing up for multiple state elections and the approaching central election. Thus, it becomes crucial to understand the correlation between political regimes, policies, elections and consumer purchase patterns. (Images sourced from Forbes India and Ashoka University website)

Sudhir Sitapati, MD and CEO of Godrej Consumer Products and Vinay Sitapati, a professor of political science and legal studies at Ashoka University, talk about the relationship between political landscapes and consumer behaviour.

AI’s transformative role in building stronger and safer social media communities

The landmark political agreement makes the EU the first major world power to enact laws governing AI. Trailing the EU in AI regulations are countries such as China, the UK and the US, and major G7 democracies that are also formulating their own AI regulations. (Representative Image: Igor Omilaev via Unsplash)

Tech giants are turning to artificial intelligence and machine learning to make social media safer, but this is not without its own set of challenges.

Ashneer Grover apologises before Delhi High Court for social media posts against BharatPe

Last week, Grover had posted on X platform (formerly Twitter) about the equity allocation and secondary components undertaken during the unicorn’s Series E funding round. The $370-million fundraise valued the payments and financial services fintech at $2.86 billion

The Court accepted Ashneer Grover’s apology but said it will be subject to him paying Rs 2 lakh to Delhi High Court Clerks Association.

PM Modi nudges for local weddings; questions practice of Indian weddings abroad

The November-December wedding season alone is estimated to see nearly 40 lakh weddings with an outlay of nearly Rs 5 lakh crore(Representational image by Amish Thakkar via Unsplash)

Modi highlighted that if people celebrate the festivities of marriages on Indian soil, amid the people of the country, the country’s money will remain in the country.

Audi cars to get costly in India from 2024

Delhi and Mumbai were the biggest markets for Audi in the festive season. Good demand was also registered from Hyderabad, Kolkata, Chennai, Bengaluru, and Ahmedabad. (Representative Image: Blake Meyer via Unsplash)

The luxury car maker recorded 88% growth, with 5,530 units retailed between January and September. Audi saw a huge demand for the A4, Q3, Q3 Sportback, Q5, and S5 Sportback this festive season.

Income tax raid at Stove Kraft ends, kitchen appliance maker resumes operations

Despite the challenges, Stove Kraft announced that manufacturing operations at the Bengaluru plant resumed fully on November 27, and the Baddi plant restarted on November 24. (Representative Image: Markus Winkler via Unsplash)

In an evening update on November 27, Stove Kraft said the I-T Department completed its search, with the company’s manufacturing plants in Bengaluru and Baddi experiencing disruptions on November 22-26 and November 21-23, respectively.