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3 mins read
Avenue Supermarts: Many roadblocks to clear on its growth runway
The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …
3 mins read
Mixed-bag festive season spells speed bumps for consumer companies
The third quarter of India is known for its many festivals, weddings and much more and is thus the …
6 mins read
New India’s greatest wealth creators are 90s babies, born without a silver spoon
This millennium’s wealth creation story is written by startups — well mostly. According to a report…
2 mins read
Mumbai’s rich & famous are buying luxury homes for maximum money
While billionaire Damani spent a whopping ₹1,238 crore for a property at Oberoi Three Sixty West in…
4 mins read
Competitive intensity a big risk for DMart say analysts after company misses Street’s Q3 forecast
Post the Q3 earnings of Avenue Supermarts, analysts have flagged concerns due to increasing competi…
4 mins read
Sensex, Nifty50 slip in morning trade: Adani Transmission, Adani Total Gas fall 5% after MSCI drops them
Indian equity markets are likely to open in the red on Friday amidst negative global cues. SGX Nift…
2 mins read
Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch
India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …
7 mins read
DMart shares fall over margin decline and slow recovery in footfalls
Shares of Avenue Supermarts fell over 3% in the first half today, after the retail chain reported a…
4 mins read
DMart has more stores and no disruptions like it wanted – and investors are excited
DMart is a well-known name thanks to its big discounts and wide availability of products from names…
2 mins read
Sensex, Nifty50 plummet on selling pressure across all sectors ahead of FOMC minutes
Indian benchmark indices plummeted on Wednesday as bears took control ahead of the FOMC minutes. Se…
3 mins read
Diwali and Christmas may have saved DMart’s quarter
The normalcy around this festive season was an added bonus, which further boosted customer’s con…
3 mins read
DMart is focussing on being a cost-effective grocer, but the market wants it to be more than that
The good news for investors is that it has managed to cut costs further. But analysts like ICICI…
6 mins read
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…
5 mins read
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 …
4 mins read
DMart is continuing to do what it knows best but the street wants more
DMart has added 43 stores in 2021, the revenue has hit a new record between July and September and …
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 …
3 mins read
DMart obsessed with opening new offline stores while Reliance and Tata run after ecommerce
During a global pandemic, when most people are buying groceries and food online, Dmart is continuin…
3 mins read
This Indian billionaire is racing towards the world's top 50 adding nearly $10 billion to his net worth in the last 10 months
Radhakishan Damani, the founder of Avenue Supermarts (DMart) is now the 63rd richest man in the wor…
4 mins read
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…
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…