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1 min read
DMart shares decline over 9% after earnings fail to cheer investors
On the BSE, it depreciated by 9.37% to ₹4,143.60 per piece. In a regulatory filing on …
PTI
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
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…
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 trend higher led by gains in Tata Motors, Infosys, Tata Steel and L&T
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amidst negativ…
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…
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…
4 mins read
IndusInd Bank Q3 net profit grows 69% YoY to ₹1,959 crore, margin and asset quality see improvements
IndusInd Bank reported a standalone net profit of ₹1,959 crore in Q3, registering a growth of 69% y…
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…
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…
5 mins read
Sensex, Nifty50 end lower led by losses in metals, auto, banks
India’s benchmark indices Sensex and Nifty50 closed lower on Monday led by losses in shares of meta…
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…
4 mins read
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…
3 mins read
TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs
Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …
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…
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 …
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…
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…
5 mins read
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…
3 mins read
Meet the top 10 richest person in India
With his $31.5 billion estimated net worth, Shiv Nadar ranks as the third richest person in …