Get ready to shop till you drop because Black Friday is back and bigger than ever! The highly anticipated shopping event, known for its massive discounts and deals, is set to take place on November 29, 2024, following Thanksgiving. Don't miss out on this retail tradition that has become a crucial part of the global shopping calendar. Stay updated with all the latest deals and offers by subscribing to NewsX's daily headlines straight to your inbox. © Copyright ITV Network Ltd 2024. All rights reserved.
Black Friday: The Biggest Shopping Event of the Year
Background
Black Friday, the day after Thanksgiving, has become a global shopping phenomenon, synonymous with massive discounts and deals. It originated in the United States in the 1950s, initially associated with the chaos and heavy traffic on the roads as shoppers flocked to stores to take advantage of special offers.
In recent decades, Black Friday has evolved into a major retail event, with businesses offering significant discounts across all categories, including electronics, clothing, home appliances, and more. It has also expanded beyond the United States, becoming a major shopping day in countries across Europe, Asia, and South America.
2024 Black Friday Event
In 2024, Black Friday will take place on November 29th. As usual, it is expected to be one of the busiest shopping days of the year, with retailers offering deep discounts and promotions.
Top 5 FAQs about Black Friday
1. When is Black Friday 2024? Answer: November 29th, 2024.
2. What are the best deals on Black Friday? Answer: Retailers offer discounts across a wide range of categories, including electronics, clothing, home appliances, and more. Specific deals vary by store, so it's advisable to research and compare prices before making purchases.
3. How can I find the best Black Friday deals? Answer: Subscribe to store newsletters, check online deal aggregators, and follow retailers on social media to stay informed about upcoming deals.
4. Is Black Friday only online? Answer: While online shopping has become increasingly popular for Black Friday, many retailers also offer in-store discounts and promotions.
5. What are some tips for Black Friday shopping? Answer: Make a list of items you want to purchase, set a budget, research prices in advance, and be prepared for crowds and long lines.
As the day after Thanksgiving, Black Friday is a highly anticipated shopping event that marks the unofficial start of the holiday shopping season in the United States. With deals and discounts available both in stores and online, it is a day that shopping enthusiasts eagerly wait for to grab their favorite items. But what is the history behind this day and why is it so popular? Find out all you need to know about Black Friday.
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Chief Executive John Lee Ka-chiu of Hong Kong expressed gratitude to the central authorities for their support in revitalising the local tourism industry. He announced plans to resume multiple-entry visas for Shenzhen residents and expand the "one-trip-per-week" visa scheme to cover more mainland cities. These measures are aimed at boosting visitor arrivals and reviving Hong Kong's tourism industry in the midst of a sluggish economy. Lee also promised to coordinate the implementation of these measures and inject new momentum into industries such as tourism, catering, and retail.
The initial public offering (IPO) for Suraksha Diagnostic Ltd., which opened on November 29th, has not seen much interest in the grey market with its grey market premium (GMP) remaining at zero. This indicates a lack of investors willing to pay more than the issue price for the company's shares. Despite being the most diversified among its competitors, with strong revenue growth and financials, the company's grey market premium reflects current market sentiments. Analysts from Axis Capital and SBI Securities have recommended the IPO, but at the upper price band of Rs 441, Suraksha is valued at a high P/E and EV/Sales multiple, which may have deterred potential investors.
Amazon is taking steps to reduce its dependency on Anthropic's Claude chatbot, a widely used feature on Amazon Web Services. According to sources, the online retail giant has developed a new large language model (LLM) code-named Olympus, which can process images and videos and help customers search for specific scenes. Amazon's recent investments in OpenAI competitor Anthropic mirror its efforts to stay on top in the field of generative AI. The company may announce the new AI model at its annual AWS re:Invent customer conference next week.
KEC International Ltd, a global leader in infrastructure EPC, has announced new orders worth 1,114 Crore in various divisions. The company has received a major order for a 400 kV transmission line project in Oman and also expanded its customer base in the industrial sector. In the railways division, KEC has secured a contract for technologically advanced Metro Overhead Electrification (OHE) work in India. With these orders, KEC's YTD order intake has grown by 50%, indicating a strong growth trajectory for the company.
Kolkata-based Suraksha Diagnostic Ltd, known for its comprehensive diagnostic services, is set to launch its Initial Public Offering (IPO) on November 29, 2024. The IPO, with a price band of Rs 42-441 per share, will have a pure Offer-for-Sale of 19,189,330 equity shares worth Rs 846.25 crore. Promoters of the company, including Somnath Chatterjee, Ritu Mittal, and Satish Kumar Verma, will be selling their stake in the IPO.
Indian companies Mahindra and Suzuki are making big moves in the electric vehicle market with the launch of several new models. Flipkart, India's leading e-commerce platform, is also joining the trend by deploying over 10,000 electric vehicles for deliveries. In addition to company initiatives, Indian government policies and regulations are also pushing for an increase in electric vehicle adoption. With so many players entering the market, it's clear that electric vehicles are the future of transportation in India.
The recently concluded initial public offering (IPO) of Enviro Infra Engineers Ltd. received a highly encouraging response from investors, as the issue was oversubscribed by a whopping 89.90 times on the final day of bidding. Qualified institutional buyers (QIBs) showed the strongest demand, subscribing to their quota by 157.05 times. Non-institutional investors (NIIs) also showed great interest, with their quota being subscribed by 153.80 times. The company's shares are expected to list on BSE and NSE on Nov. 29, with the IPO price band being set between Rs 140 to Rs 148 per share.