Business
ITC makes Gold Flake costlier
By Katherine Langford
Festive online sales up 17%, but miss forecasts
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
More from Katherine →Editor-in-Chief · Thursday, November 12, 2026 at 12:30 AM · 1 min read
Bengaluru: Ecommerce and online retailers clocked Rs 1.40 lakh crore in gross merchandise value (GMV) sales during the month-long festive period, up 17% from around Rs 1.20 lakh crore last year, but still below expectations as mobile phone sales slumped more than anticipated, show data by market research firm Datum Intelligence.The season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total
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