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2 mins read
DMart owner Radhakishan Damani added more than $5 billion to his wealth in a year — and the billionaire now wants to take over India Cements
Damani is the founder of Avenue Supermarts — the retail company which runs D-mart stores in Indi…
3 mins read
Half of all D-Mart stores are shut during coronavirus lockdown— it shows that even the best in business are struggling
D-Mart has said there was a “significant decline” in the footfalls due to lockdown. The chain …
5 mins read
Goldman Sachs’s China recovery data can spark hope for HUL and D-Mart, and make Maruti, Tata Motors and IndiGo more anxious
Global investment bank Goldman Sachs said that most of the reforms announced by the Indian governme…
1 min read
Here’s how R Damani’s pipped Anil Ambani, Rahul Bajaj on the billionaire list
Avenue Supermarts broke the ceiling as its issue price touched 111%, pegging the market-cap of the …
1 min read
Kumar Mangalam Birla and family are investing Rs 500 crore in food and grocery biz
"The issuance and allotment for shares up to Rs 500 crore will be in one or more tranches within a …
2 mins read
Zepto CEO compares his startup to Amazon, says it can be worth 80 billion if things go right
Grocery shopping changed in India by 2024 with delivery platforms like Swiggy Instamart, Blinkit, a…
2 mins read
India’s second richest man added $2.7 billion to his wealth beating slowdown and coronacrisis
India has 102 billionaires and 97 of them lost around a billion dollars each in the last one year. …
2 mins read
Snapdeal IPO papers reveal the e-tailer’s offline aspirations for budget fashion
Indian ecommerce giant Snapdeal is now looking to set up offline distribution network, the company …
2 mins read
Markets at record high: HCL Tech, Infosys, Tech Mahindra drive Sensex above 49000, Nifty inches closer to 14,500
Similarly, the broader NSE Nifty surged 137.50 points or 0.96 per cent to finish at 14,484.75. …
PTI
1 min read
Damanis increase stake in India Cements to 19.89pc
Radhakishan S Damani held 4.73 per cent in India Cements as of December 2019. He now holds 3,18,86,…
PTI
1 min read
Wipro moves out of top-20 most valued cos list by m-cap, Avenue Supermarts grabs 20th ranking
At close of trade, the market capitalisation (m-cap) of Avenue Supermarts was at Rs 1,41,205.36 cr…
PTI
2 mins read
Top stocks to watch — Avenue Supermarts, Jet Airways, RIL, Airtel, Vodafone-Idea, Tata Communications, HDFC Bank and others
Amidst positive cues from the Asian markets, the Indian equities are likely to open in green on Mon…
4 mins read
Here are the 5 richest families in India — who together hold a fortune of ₹9,22,600 crore
The top ten richest families in India have a combined wealth of a massive ₹9,22,600 crore. And, the…
3 mins read
Top stock movers — DHFL, Jet Airways, Avenue Supermarts, HDFC Bank, DLF, Tata Communications and others
Indian stock market indices opened higher on Monday, as hopes of a US fiscal package and expectatio…