Cloud, cloud, cloud, followed by Office, gaming, Surface and then Windows: By now, Microsoft has laid out its priorities, and the financial results Microsoft reported Wednesday afternoon reflected this. For consumers, the high point of Microsoft’s fourth-quarter calendar 2019 results was the fact that Microsoft reported $1.98 billion in Surface sales alone—almost, but not quite, [...]
April 30, 2022
Loknath Das
Technology
Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 level of 6 per cent. [...]
April 5, 2019
Loknath Das
Real Estate
Investors are in for a surprise when the September quarter results are declared. This will be the first earnings season post-goods and services tax (GST) and differences in how sales will be recorded now are likely to distort reported growth figures. Companies have cautioned about this in their analyst meets and conference calls. Some may [...]
September 8, 2017
Loknath Das
Business
The year kicked off with buyers across the country racing to lock in rising mortgage rates and close on homes—except in one surprising region. Sales of existing homes, which have previously been lived in, rose 3.3% from December to January, according to the most recent National Association of Realtors® report. The 5.69 million purchases also represented a [...]
April 19, 2017
Loknath Das
Real Estate
The real estate sector of the Mumbai Metropolitan Region (MMR) suffered a loss of around Rs9,100 crore as the residential market sales fell in the last three months after demonetisation. The state government too lost at least Rs460 crore as stamp duty during the period between October and December 2016, claimed market sources. The estimates [...]
January 19, 2017
Saheli
Real Estate
The demonetisation drive by the Modi government has had an impact on the real estate sector with the number of enquiries and walk-ins by homebuyers falling by almost half as they postpone purchase decisions and wait for a further fall in prices. A substantial decrease in enquiries and walk-ins has been noticed – by as [...]
December 7, 2016
Saheli
Real Estate
New Delhi: Realty firm Sobha Ltd’s sales bookings rose by five per cent during the July-September quarter to Rs. 518 crore on increase in volume as well as realisation. The Bengaluru-based firm expects to achieve a sales target of Rs. 2,000 crore this fiscal year. According to a company presentation, it sold 8,55,662 square feet during the July-September quarter of [...]
October 18, 2016
Saheli
Real Estate
Lego enjoyed an 11% increase in sales in the first half of this year compared with the same period in 2015. The Danish toy company, best known for its building bricks, had a turnover of 15.7bn Danish kroner (£1.8bn). However, net profit fell slightly to 3.5bn DKK (£393m) from 3.6bn DKK in the first half [...]
September 6, 2016
Saheli
News
Samsung says it is suspending sales of its Galaxy Note 7 smartphone after finding batteries of some of the gadgets exploded while they were charging. Koh Dong-jin, president of Samsung’s mobile business said Friday that customers who already bought Note 7s will be able to swap them for new smartphones, regardless of the purchasing date. [...]
September 4, 2016
Saheli
Technology
Autobytel Inc. (Nasdaq:ABTL), a leading provider of online automotive services connecting consumers with dealers, today announced it has launched the fifth installment of the Autobytel Dealer Insight Series. The video education series is a quarterly training program designed to help dealers increase sales and improve the car buying experience for consumers. The full Autobytel Dealer [...]
August 3, 2016
Saheli
Education
Whole Foods sales continue to struggle with the company reporting its forth consecutive quarter of declining sales at stores open at least a year. Just a year since the grocer was accused of price-gouging, profits have dropped 22 percent from 2015 and sales, while growing overall 2 percent, were still below expectations, leading to Wednesday’s [...]
August 1, 2016
Saheli
Business
A few years ago, Polly gave a speech to a Fortune 500 company’s national sales force. Her topic was how to tailor your sales pitch to the personality type of your prospective customer. The technique she described was, and is, a powerful one once you get the basics down. The technique focuses on the personality type you’re dealing [...]
July 26, 2016
Saheli
Business