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5 mins read

Hindustan Unilever’s net profit rises 13.6%, beats analyst expectations

Hindustan Unilever today beat analyst expectations to report a 13.6% increase in net profit to 2,38…

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2 mins read

Edtech decacorn Byju’s raises $250 million from existing investors

Indian edtech decacorn BYJU'S on Monday announced a new fundraise of $250 million from its existing…

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2 mins read

DMart is now a ₹2 trillion company – Radhakishan Damani has many more cards to pull, the first being e-commerce

One of India’s largest retailers, DMart, registered as Avenue Supermarts Ltd, has seen its share…

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3 mins read

Pitted against JioMart, Amazon and others, Radhakishan Damani’s DMart has opted for “controlled acceleration” in e-commerce

By the end of October, 2020, DMart finally gave in to the needs of e-commerce and geared up to…

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4 mins read

Radhakishan Damani’s strengths are being put to test, and along with it, DMart’s resistance to e-commerce

With coronavirus pandemic taking a toll on offline retail stores, competition rising from Relian…

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1 min read

DMart's Radhakishan Damani enters Bloomberg's global top 100 rich list

Reclusive investor and billionaire Radhakishan Damani who owns retail chain DMart is now among the …

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3 mins read

TCS crosses the 6 lakh employee milestone even as 1 in 5 quit in the first quarter

Indian IT services giant TCS reported a subdued first quarter of FY23, with its profit missing anal…

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3 mins read

Did you know? BigBasket makes more revenue than 32-year old Spencer’s Retail

The year 2020 has been a game changer for India Inc. in many aspects. From shopping to working, eve…

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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 …

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2 mins read

DMart’s management painted a scary picture of the next few quarters ⁠— the shares of Radhakishan Damani’s company fell 5%

But the COVID-19 crisis may take a lot of that sheen away, at least the management believes so, …

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DMart's quarterly sales may fall 25% but the shares are already up 35% ⁠— the retailer is now bigger than Maruti, Nestle and HCL Tech

DMart’s share price has climbed by 35.7% since the beginning of the year. However, its fourth quart…

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4 mins read

HUL Q3 net profit rises 12% YoY to ₹2,505 crore – rural slowdown ‘bottoming out’, says company

India’s largest FMCG player Hindustan Unilever on Thursday met analyst expectations with a 12% year…

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Ambani vs Damani ⁠— India’s $635 billion retail ring will see the country’s two richest men⁠ battle with different strategies

With Reliance Retail acquiring Future Retail, India’s richest man Mukesh Ambani struck down one maj…

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3 mins read

Indian banks have made $3.1 billion just by parking funds with the RBI — instead of giving them out as loans

RBI has been pushing monetary measures to increase the money supply in the economy in hopes that…

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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 …

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1 min read

The most profitable retail chain in India is a not for profit organisation

If someone asks you to guess the most profitable retail chain in India, names like Future Retail an…

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2 mins read

Bata India’s quarterly profit nearly halves– the 89-year old company has resorted to home delivery and wooing customers via WhatsApp

The iconic footwear brand Bata saw its profits fall by 45% in the first three months of 2020 becaus…

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The sure shot ‘signs’ of a successful entrepreneur

It takes a lot of creativity, courage and determination to start and build a successful business. I…

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RIL’s Q3 to be a mixed bag: Muted growth seen in O2C, robust performance projected for retail and Jio

Mukesh Ambani-led Reliance Industries’ December-quarter is expected to be a mixed bag with muted pe…

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2 mins read

Sebi returns Lava International's draft IPO papers; asks to refile with updates

Capital markets regulator Sebi has returned the draft IPO papers of Lava International and asked th…

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