India's January car sales surge as manufacturers look to build inventory
Thu, Feb 1, 2024 6:10 PM

India's January car sales surge as manufacturers look to build inventory

A Flip by Avya Verma
Get it on Google Play
Indian carmakers reported record sales in January as they looked to build up inventory of new and refreshed models this calendar year, wholesale data from the companies showed on Thursday. Automakers in India release monthly wholesale numbers or sale of vehicles to dealers at the beginning of each month. The data is seen as a key indicator to estimate private consumption.

More great flips

Nikhil Kamath's WTFund, Nazara Tech to back two gaming startups

Nikhil Kamath's WTFund, Nazara Tech to back two gaming startups

Nikhil Kamath's WTFund and Nazara Technologies invested Rs 2 crore in two Indian gaming startups, Norian Games and Xigma Games, to support innovation and growth in the country's gaming industry. The investment will provide financial support, mentorship, and strategic guidance to the startups, boosting India's presence in the global gaming market.

Open Flip
Hero MotoCorp confident of outpacing industry, posts record festive sales

Hero MotoCorp confident of outpacing industry, posts record festive sales

Hero MotoCorp Limited, the world’s leading two-wheeler manufacturer, is optimistic and expects to outpace industry growth in the coming quarters. Fueled by fresh launches, rising demand, and a festive season boost, the company anticipates robust momentum ahead. The recently concluded festive season saw us clocking our highest ever retails at 16 lakhs units.

Open Flip
Anupam Rasayan India Q2 Results 2024: Profit Falls by 59.02% YoY

Anupam Rasayan India Q2 Results 2024: Profit Falls by 59.02% YoY

Anupam Rasayan India Q2 Results 2024: Anupam Rasayan India declared its Q2 results for the fiscal year 2024 on 14 November 2024. The company’s performance has shown a worrying trend, with a topline revenue decrease of 25.04% and a profit decline of 59.02% year-over-year, resulting in a profit of ₹16.67 crore and revenue of ₹293.96 crore.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon