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Sales
Industry average among organised real estate currently at 30%
 "Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform")
Driven by strong 5G upgrades for the iPhone 12 and iPhone 13 series, Apple reached the 60 per cent sales share mark globally last year -- for the first time since 2017.
 "Apple reaches 60% sales share mark for first time since 2017")
During the recently concluded Holi sale, the company saw nearly 80% of the demand coming from tier 2+ markets like Amravati, Aurangabad, Faizabad, Muzaffarpur and Silchar.
 "Meesho clocks 14 mn orders during Holi sale, surpasses peak Diwali demand")
Godrej Properties expects record sales bookings during this quarter, beating the previous high of Rs 2,632 crore, driven by new launches of around 10 housing projects amid strong revival of demand.
 "Godrej Properties expects Jan-Mar to be best-ever qtr for sales bookings")
In a Q&A, the chief of McDonald's master franchisee, talks about his company's strategy to expand its presence in more towns as it increases its store count
 "Pandemic or not, I'm bullish on FY23 biz outlook: Westlife's Amit Jatia")
In addition to the Q3 show, new launches offer upsides from current levels
 "Multiple triggers across key markets may support Cipla's recent rally")
Blackwells Capital LLC, which has a stake of less than 5%, has called for the departure of CEO and co-founder John Foley, and wants Peloton to explore a sale of the business.
 "Activist investor pushes Peloton to fire CEO and seek sale")
Traffic at its stores impacted due to restrictions in third wave
 "Metro Brands expects sales growth to moderate amid third Covid wave")
Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December. Its sales bookings stood at Rs 317 crore in the year-ago period. In a statement, the company said its sales bookings rose 83 per cent to Rs 1,238 crore during the April-December period of the 2021-22 fiscal year from Rs 676 crore in the year-ago period. Commenting on the update, Rahul Talele, Group CEO of Kolte-Patil Developers Ltd, said, "Sales traction remains promising across our key markets and product categories..." Going forward, he said the company is geared up to scale its operations while maintaining financial discipline. "We are set to expand our portfolio of projects with several launches lined up across key micro-markets in Pune, Mumbai and Bengaluru," Talele said. The company continues to evaluate several business development opportunities to expand its market share. The company has developed and constructed over 50 pr
 "Realty firm Kolte-Patil Q3 sales bookings jump 77% to Rs 561 cr")
Mahindra & Mahindra (M&M) on Saturday reported an 11 per cent increase in total sales at 39,157 units in December 2021. The company had sold 35,187 units in December 2020, M&M said in a statement. In the domestic market, passenger vehicle sales were up 10 per cent to 17,722 units last month, compared to 16,182 units in December 2020. In the commercial vehicles segment, the company sold 18,418 vehicles in the domestic market last month as against 16,795 units in December 2020, an increase of 10 per cent. Exports increased by 37 per cent to 3,017 units in December 2021 compared to 2,210 units in the year-ago month. "We have seen growth in business segments, including Passenger Vehicles, Commercial Vehicles and International Operations, owing to continued strong demand across the product portfolio," M&M Chief Executive Officer Automotive Division Veejay Nakra said. The issues around semiconductor-related parts continue to be a challenge for the industry and remains a ...