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Harleys, AI PCs, premium TVs: Amazon Prime Day suggests India's premiumisation story is moving beyond metros
Amazon India's Prime Day sale revealed significant premium product demand from smaller cities. Sales of luxury beauty and grooming items saw substantial year-on-year growth. Customers also purchased larger televisions and premium motorcycles, with many buyers from tier-2 and tier-3 locations. New Prime memberships and small business participation increased outside major metropolitan areas.
Govt Explains Why Petrol Pumps Can't Offer Pure Petrol, E10, E20 Together
The ministry dismissed comparisons to premium fuel variants
TCS continues to command a wider premium to Accenture despite slowing growth
TCS's June-quarter earnings have left Dalal Street divided, with analysts split between applauding the company's resilient execution and questioning its premium valuation, even as robust hiring fuels hopes of a gradual recovery in IT demand.
Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premium - livemint.com
Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premiumlivemint.com
Nifty July futures trade at a premium
India VIX slides 8.30% to 12.25.
Bengaluru, Mumbai, Delhi NCR: A tale of three housing markets
Bengaluru's housing market shows strong growth fueled by its expanding technology sector. Mumbai remains India's largest residential market, absorbing new supply effectively. Delhi-NCR faces a slowdown as premium homes dominate its available inventory. These contrasting trends indicate future property cycles will depend on job and investment growth. Infrastructure development is increasingly shaping buyer decisions across these key cities.
NSE SME IC Electricals lights up the bourses with stellar market debut
IC Electricals Company traded at Rs 174.30 on the NSE, a 76.06% premium to the issue price of Rs 99.
India's middle class may have little room in the richer housing market
India's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near record highs even as growth stabilised. Knight Frank India says premium housing is now driving the market, while affordable homes continue to shrink. Mumbai led sales, Bengaluru posted the fastest growth and NCR remained the weakest market.
Honda to launch 2-3 premium motorcycles, new electric scooters in India this year
Honda Motorcycle & Scooter India plans to launch new premium motorcycles this year. The company will also introduce new electric scooter models to the market. This move targets India's growing premium motorcycle segment and rising incomes. Honda is expanding manufacturing capacity and localising components for new models.
India's diamond export pain is hiding a brighter story at home
India's diamond exports have declined over recent financial years. Retail giants are increasing investments in both natural and lab-grown diamonds. This domestic focus targets a growing demand from younger Indian consumers. Retailers are expanding offerings to cater to evolving preferences for lightweight jewelry. Natural diamonds continue to hold a significant position in premium portfolios.
Emirates to deploy A380 on Delhi route from October; expands Premium Economy to 6 Indian cities
Emirates will introduce its A380 aircraft on the Dubai-Delhi route starting October 25. This move expands the airline's double-decker service to a third Indian city. Premium Economy will also become available on six Indian destinations by month's end. The airline cites strong demand as a reason for these network enhancements. Emirates is also opening new retail travel stores and a call centre in India.
SBI Funds Management IPO GMP Today: Latest Grey Market Premium Signals Over 14% Listing Gain
Grey Market Signals 14%+ Listing Gain Ahead Of July 14 Launch