• SENSEX
    NIFTY 50
Retail

Discount-hungry consumers boost sales amid economic slowdown

Updated : December 17, 2019 05:40 PM IST

While Air India offered a discount of 25 percent on economy fares, Air Asia offered a 10 percent discount on flight tickets.
Data sourced from consulting firm Red Seer revealed that etailers in India generated about Rs 19,000 crore of GMV during the September 29 - October 4 festive period.
Major automakers like Maruti Suzuki, Hyundai, M&M, and Tata Motors have extended their promotional offers this month, finding it hard to convert buyers in the absence of discounts.
Discount-hungry consumers boost sales amid economic slowdown
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV