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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…
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…
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…
4 mins read
DMart gets ready to take on JioMart – falling profits and footfalls, and competition push Radhakishan Damani towards e-commerce
But despite the yearly fall in profits, DMart’s quarterly rise in revenue and profits, and plans…
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…
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
Titan and DMart’s performance hints towards a strong growth for Reliance Retail
Reliance Industries is expected to showcase a positive business growth in the July to September qua…
2 mins read
DMart owner Radhakishan Damani added more than $5 billion to his wealth in a year — and the billionaire now wants to take over India Cements
Damani is the founder of Avenue Supermarts — the retail company which runs D-mart stores in Indi…
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…
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…
2 mins read
Amazon pumps in money into MORE to take on the heavyweights Reliance Retail and DMart
Samara and Amazon had together invested ₹4,050 crore ($450 million) in MORE in 2018. Samara Ca…
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…
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. …
2 mins read
Ratan Tata-backed jewellery retailer BlueStone launches four new stores in Delhi NCR
The newly opened outlets are located at some of the most prominent locations and malls of the ci…
3 mins read
INTERVIEW: Ikea CFO says she still has ₹3,500 crore to be spent in India— the pandemic has changed targets but not the investment plan
Ikea may be used to gala events where thousands of people throng every store opening anywhere in th…
1 min read
Amazon rings up India’s fourth largest grocery chain ‘More’ with co-investor Samara Capital
ABRL, which launched its food and retail business in 2007, operates over 523 More-branded supe…
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…
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…
3 mins read
Dawood Ibrahim's nephew reveals family secrets, says the don married a Pakistani woman
Dawood Ibrahim Kaskar lives in Pakistan's Karachi and has married a Pathan woman while still being …
2 mins read
Ola's talent acquisition head Shikharr Sood quits too
Shikharr Sood, the head of Ola's Talent Acquisition, and in charge of talent acquisition for the en…