Sales

The Automobile industry witnesses a 91% rise in sales with robust festive demand, coupled with better production due to easing of semiconductor supplies. The productions helped the domestic passenger vehicle industry to have better monthly sales performance in September, which led to 3,55,946 units. With this, the second quarter sales would cross the 10-lakh sales mark, in the Indian market. Moreover, Maruti Suzuki, Hyundai and Tata Motors… read-more

Johnson & Johnson on August 11 said it will terminate global sales of talc-based baby powder in 2023. J&J in 2020 discontinued selling its talc Baby Powder in US and Canada due to demand drop caused by the "misinformation" about the product's safety and a torrent of legal challenges. J&J is facing around 38,000 lawsuits from consumers and their survivors alleging that asbestos exposure in its talc products caused cancer.  

Nothing released its first smartphone, Nothing Phone (1), on July 12. Despite the fact that Phone (1) will be on sale from July 21, the Carl Pei-led tech startup is now selling the transparent cover, tempered glass screen, and 45W Nothing Power adaptor on Flipkart. Nothing Phone (1) supports up to 33W charging and does not come with an adapter. The adapter and case are both priced at Rs 1,499. 

The Automobile industry has seen positive growth of 34.2% in July 2021 than July 2020, according to the Federation of Automobile Dealers Association (FADA). Last year in July 2020, people purchased 11.6 lakh vehicles and now it has increased to 15.56 lakh vehicles. The commercial vehicles sales increased by 166%, followed by 83% in a three-wheeler, 63% in passenger vehicles, and 27% in a two-wheeler, and 6% in tractors.   

The iPhone 11 series sale may have been affected due to the pandemic but iPhone 12 has managed to attract more buyers. According to Counterpoint Research's report, as many as the 10-crore units have been sold until April this year. Besides, the company has achieved its target of 100M in just 7 months, two months earlier than the expected date. Reportedly, 40% of iPhone 12 were sold in the US.