Tier-II and tier-III cities are driving big business for e-commerce firms — Flipkart and Amazon — for the ongoing festival season.

Walmart-owned Flipkart on Monday night said tier-II and tier-III cities ushered in the festive cheer for the firm during the second day of its flagship event ‘The Big Billion Days’ 2019.

Paytm Mall said it would generate at least Rs 500 crore in actual sales for its offline brick-and-mortar retailers this festive season. It says so at a time when trader bodies are at loggerheads with Amazon India and Flipkart over the massive discounts during such sale drives.

Paytm Mall is the online shopping platform created by Paytm, the e-commerce payment system and financial technology entity. We have, says the former, been working hard on our omni-channel model.

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 24.4 per cent decline in sales at 1,22,640 units in September.

The company had sold 1,62,290 units in September last year, MSI said in a statement.

Vodafone Chairman Gerard Kleisterlee, Chief Executive Officer Nick Read and Vodafone-Idea Managing Director and CEO Ravinder Takkar on Monday met telecom secretary Anshu Prakash at a time when the government is busy preparing for the upcoming spectrum auctions.

Vodafone Idea has been seeking a two-year moratorium on its annual spectrum payment citing debt and stress on balance sheet.

Sebi has relaxed norms for ‘Muni Bonds’ issuance to help smart cities as well as entities working in areas of city planning and urban development work, including municipalities, raise funds through debt securities.

The decision comes after the board of Securities and Exchange Board of India (Sebi) approved norms in this regard in August.

Maruti Suzuki India ltd, the country’s largest vehicle manufacturer, on Monday launched its new entry-level hatchback S-Presso, at a price range of ₹3.69 lakh to ₹4.91 lakh. With muted sales over the last one year, the company will bank on the new product to revive its fortunes during the festival period and beyond.

Mumbai: Renewable energy generation fell 20% in August despite a notable expansion in capacity. This was the biggest monthly fall in at least three years, according to an analysis by SBICAP Securities Ltd.

Ahead of the festive season, Tata Motors is offering heavy discounts on wide range of models. Under the 'Festival of cars' programme, the company is giving benefits of up to ₹1.5 lakh on models including Tata Harrier, Nexon, Hexa, Tiago and Tigor.

New Delhi: Yes Bank shares nosedived almost 14% on Monday even after the Reserve Bank of India (RBI) gave its nod to raise capital. At 12:30 pm, shares of Yes Bank were trading at ₹42 down 13.93% on BSE. The stock had touched its 52-week low at ₹41.50 on Monday morning. On NSE, the stock was down 13.85%.

Investors in Cipla Ltd’s stock have been seeing its value erode to a 52-week low from its 52-week high levels, with the stock tumbling 36% in the past one year. News that the US Food and Drug Administration has made some further observations on Cipla’s Goa plant has further compounded the company’s woes. So far today, the stock has shed 4.1% in trade.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.