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Porsche Taycan follows 911 with double-digit sales growth in 2023

Porsche Taycan sales picked up toward the end of 2023, with over 40,600 electric models handed over last year. The Taycan followed the Porsche 911 with double-digit sales growth in 2023. Porsche Taycan sales growth in 2023 “The Taycan is and will remain a success story,” Lutz Meschke, Deputy Chairman of the Executive Board at Porsche, proclaimed in October. Porsche delivered 40,629 Taycan electric cars last year, up 17% compared to 2022. The Taycan saw the second-highest sales growth last…

AI, Data-driven hiring practices, nearly double-digit pay hikes to mark HR ways in 2024

 Data-driven hiring ways, inclusive and diversity-focused practices and nearly double-digit salary hikes are likely to leave their stamp on the human resource landscape in 2024 as companies continue to scout for the right talent amid economic uncertainties. Over the last few years, the expectations of candidates and employers have changed dramatically. Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined…

meesho sellers double-digit growth: Nearly 75,000 sellers hit double-digit growth in 2023 sales: Meesho

Around 75,000 sellers achieved double-digit growth while over 20,000 sellers witnessed a 10-time jump in their business on Softbank-backed ecommerce firm Meesho, the company said on Sunday. Meesho reported a profit this year and claims to have maintained the profitability since it first reported the performance in July. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Professional Certificate in Product…

Hyundai plans for double-digit profit margins via new EV platform

The Hyundai Motor Group revealed during its 2023 annual investor day on Tuesday that it would accelerate its transition to electric cars. With an injection of new funds dedicated to EV and battery development, Hyundai is raising its annual EV sales goal to two million by 2030, aiming for over 10% profit margins. Including Kia and Genesis, the Hyundai Motor Group is transforming its identity in the new era of electric vehicles. Hyundai’s first dedicated EV, the IONIQ 5 electric SUV, has been…

Startups: A bunch of startups buck trend to offer double-digit hikes

Staff at startups such as upGrad, Revfin and Hero Vired will likely get double-digit pay increases this year, executives at several of these firms told ET, signalling their ability to negotiate a protracted funding winter that has caused both jobs and wages to shrink in an industry typically undergirded by external financing. CashKaro, Clevertap, Physics Wallah, CLXNS Technologies and DaveAI are also among those offering their staff satisfactory pay increases that are sometimes even better than those given last…

Subway reports double-digit quarterly sales growth as sandwich chain seeks buyer

In this photo illustration, a Subway sandwich is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas.Brandon Bell | Getty ImagesSandwich chain Subway reported double-digit same-store sales growth in the first quarter, showing its turnaround taking hold as the company seeks to sell itself.In February, Subway confirmed that it hired JPMorgan to advise it on a potential sale. The restaurant company is reportedly seeking a valuation of at least $10 billion, and the auction is heading into its second…

iPhone shipments had double-digit drop over holiday quarter

COVID-19 lockdown and supply chain issues during November-December on the production of the iPhone 14 series in China were responsible for the largest-ever decline in smartphone shipments during the holiday quarter, according to IDC. While Apple’s double-digit drop was a first, all other top vendors also had double-digit drops comparing 4Q22 with 4Q21. This largest-ever decline in a single quarter contributed to a steep 11.3% decline for the year as 2022 ended with shipments of 1.21 billion units, representing…

Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance…

Ian King / Bloomberg: Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below estimates — Texas Instruments Inc., one of the world's largest chipmakers, suffered its first sales decline since 2020 and gave a tepid forecast … Ian King / Bloomberg: Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below…

Terra LUNA And LUNA Classic Spikes By Double-Digit In 2023, But Their Investors Are Still Buying Bitgert

Terra (LUNA) and LUNA Classic (LUNC) are doing very well this year, and looking at the charts, they have increased by double digits this year as of writing. Terra (LUNA) had increased by 22% and LUNA Classic (LUNC) by 10% in 2023 as of writing. But even with this double-digit growth, Terra (LUNA) and LUNA Classic (LUNC) investors have been buying and accumulating Bitgert (BRISE) this month. According to crypto analysts, Bitgert still has the potential to offer investors bigger profits than Terra coins. That’s why these…

lionsgate play: Lionsgate Play targeting double-digit share in Indian OTT market

Lionsgate Play, the subscription video on demand (SVOD) platform from Lionsgate India, is targeting a double-digit share of the paid OTT market in the country. Rohit Jain, MD, Lionsgate South Asia, said the Indian SVOD market has 50–60 million paying subscribers, and the number of such customers is expected to rise to 75–80 million in the coming years. "If you keep that 75-80 million number in mind, we are on course to reach double-digit market share very soon," Jain said. He also claimed that Lionsgate Play would be…