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At least one in three DMart stores are in Maharashtra and that is squeezing Radhakishan Damani’s fortunes
The ₹1.8 lakh crore ($25 billion) Avenue Supermarts has warned that the pandemic may hamper sales i…
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…
DMart owner Radhakrishna Damani loses $5 bn as even essentials become too expensive for Indians
Retail king Radhakishan Damani has lost $5 billion of his personal wealth in 2022 – bringing his fo…
DMart, the nearly ₹2 trillion Indian retailer, may post strong earnings — watch out for the progress on e-commerce
DMart, one of India's big success stories in retail, knows that it faces rising competition from In…
Brick and mortar retailers are growing and fuelling e-retail growth too
Brick and mortar retail to grow at 14-16% this fiscal, driven by continued expansion across segment…
India’s most expensive homes: DMart’s Radhakishan Damani’s dream home cost him ₹1,001 crore
Avenue Supermarts’ (DMart) founder and CEO, Radhakishan Damani, bought the most expensive home in I…
DMart and JioMart are unable to keep pace with Dunzo, Swiggy Instamart, Ola Dash
“Grocery shopping in India’s major cities is set to undergo a never-seen-before tec(h)tonic …
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…
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 …
Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don’t help
Radhakishan Damani, the owner — with a net worth of $15.6 billion, according to Forbes — of Avenu…
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, …
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…
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. …
Here’s how Reliance Retail stacks up against some of its global peers – Walmart and Tesco
Reliance Chairman Mukesh Ambani is building ammunition for his next burst of investments for his re…
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…
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…
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…
Economic slowdown impacts smartphone industry, shipments decline by 9%
Apple came second with a 17 per cent market share as the iPhone 13 remained in high demand. X…
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…
L&T CMD SN Subrahmanyan’s salary doubles after a pandemic cut but Naik’s pay remains the same
L&T is amongst the largest infrastructure companies in India, with its business spread across engin…