About Rs 3.75 lakh crore is spent annually on weddings in India 😮 & the market for weddings is growing at the rate of 25% to 30% annually. (quite amazing)
25 lakh weddings are scheduled across the country b/w Nov and Dec, that will have a turnover of over Rs 3 lakh cr. (2/8)
In a country where the guest lists are long and hospitality is important, a huge amount is spent on wedding preparations, including customary expenses on gold jewellery.
A mind-numbing fact - A man spends 1/5th of his life’s earnings on marriage. 😲
(3/8)
Today's morning, all major cryptocurrencies saw a fall of around 15 % or more, with Bitcoin down over 17 %, Ethereum falling by close to 15 %, and Tether down by almost 18%. (2/8) #CoinDCX#WazirX
'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, seeks to ban all private cryptocurrencies in India with certain exceptions and is also looking to make a framework for the official digital currency that the Reserve Bank of India will issue. (3/8)
The Bata Shoe Organization was founded in August 1894 by Tomas Bata, in Zlín, a small town in the erstwhile nation Czech Republic
It has 3 business units:
- Bata Europe, based in Italy
- Bata Emerging Market, based in Singapore
- Bata Protective, based in the Netherlands (2/7)
Bata entered the Indian market in 1931, in Kolkata. At that time, retail stores were not a concept in India & Bata primarily did its marketing through word-of-mouth and merchandising through point of sale. (3/7)