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Consumption trends show that sales of entry-level two-wheelers, refrigerators and air conditioners surged as massive spending during general and state elections increased liquidity in the market. ....
With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm s sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter. ....
Apple faced an unanticipated challenge soon after it opened two company-owned stores in India last April – many customers wanting to pay in cash – prompting the iPhone maker to install currency note counting machines in both the Mumbai and Delhi outlets. ....
Apple: With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm s sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter. ....
Apple: With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm s sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter. ....