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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…
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…
2 mins read
Adani replaces Ambani to become wealthiest Indian with a net worth of Rs 11.6 lakh crores
Reliance Industries Chairman and Managing Director Ambani's overall networth increased by 25 per ce…
PTI
1 min read
Neo-Nazis parading swastikas, chant 'there will be blood,' and gather outside a synagogue in Wisconsin, say reports
Members of the antisemitic hate group "Blood Tribe" marched in downtown Madison, Wisconsin, say rep…
Rebecca Rommen
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 …
2 mins read
Europe's plan to wean itself off Russian fossil fuels by 2027 has a major flaw
The bloc is on track to import record volumes of Russian LNG this year to make up for lost piped ga…
Huileng Tan
5 mins read
Sundar Pichai lost a fifth of his wealth last year – check the net worth of other Indian-origin CEOs
Google CEO Sundar Pichai lost a fifth of his wealth in the past year. Adobe CEO Shantanu Narayen lo…
4 mins read
A tropical paradise off the coast of Brazil is allowing tourists to enter again — but only if they've already had COVID-19
Fernando de Noronha, an archipelago off the coast of Brazil, has introduced a novel requirement: Vi…
Sophie-Claire Hoeller
1 min read
Google releases software update to boost Nest Wi-Fi at home
San Francisco, June 17 (IANS) Google has rolled out a software update to make both Nest Wifi and Go…
3 mins read
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…
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 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…
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
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 …
2 mins read
A global black market for negative COVID-19 test results has emerged, with fakes starting around $200
As the coronavirus pandemic drags on, people around the world are turning to the black market for n…
Ben Gilbert
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
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…
1 min read
I'm a full-time digital nomad, and credit card points make traveling 8 months of the year no more expensive than staying at home
First, let's reveal the big number: $18,595.09. Divided evenly per month (although it fluctuates in…
Caroline Lupini
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…
6 mins read
Travelers have been buying fake COVID-19 test results to travel, but they probably won't work much longer
Tourists trying to bypass travel requirements are buying fake coronavirus test results on the black…