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3 mins read

DMart owner Radhakrishna Damani loses $5 bn as even essentials become too expensive for Indians

$DMART.NSE A major Pattern Break has been seen in Dmart. Here are some ideas on what you should do…

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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

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…

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4 mins read

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…

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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…

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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 …

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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…

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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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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…

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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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2 mins read

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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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. …

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6 mins read

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…

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5 mins read

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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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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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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1 min read

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…

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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

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…

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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 …