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5 retail stocks that gained as Nifty crossed 20,000 points

These five retail company stocks were among the many that staged great recoveries this month as Nifty broke closed at an all-time high New Delhi: On Wednesday, Nifty 50 on the country’s leading equities exchange National Stock Exchange (NSE) closed above...

The legend of Radhakrishna Damani: The creator of DMart

Today, Damani's brainchild DMart is a nationwide network of over 200 stores Bengaluru: Nearly two decades and a year have passed since Radhakishan Damani, India's retail magnate, established DMart, a venture that propelled his wealth to ₹1,39,053 crores. With a pre-existing...

DMart’s Q4 net profit rises 7.8% to Rs 460 crore

DMart's revenue from operations was 20.57% higher at Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscal New Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain DMart,...

JioMart getting ready for kirana onboarding

JioMart now offers delivery in nearly 200 locations across the country and is democratising modern retail of essentials by reaching several new towns. JioMart is making modern and online retail experience accessible to many more Indians and towns for their...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

Organised retailers work overtime to be GST-ready, expect it to be level-playing field

Organised retailers do not expect the Goods and Services Tax (GST) to impact their sales despite general fears that it could disrupt businesses, and hope to be fully ready for the uniform tax regime in the next few weeks. "As...

D’Mart: Balancing the ownership vs. leasing act

The recently-closed Rs. 1,870-crore D’Mart public offering got listed at Rs. 604.40 - a 102.14% premium over its issue price of Rs. 299 per share. It received bids for 463.61 crore shares against the total issue size of 4.43...

Fingerlix: Providing solutions to redefine packaged food in India

Co-founder & CEO, Fingerlix, Shree Bharambe talks about how his brand offerings aim to redefine packaged food in India with its broad array of fresh ‘almost-ready’ food solutions and ‘fully-ready’ accompaniments, and how these products help home-makers prepare fresh...

Vikram Dasu to head DMart's online arm

DMart's Avenue Ecommerce Limited has appointed Vikram Dasu as Chief Executive Officer. Avenue Ecommerce Limited is a new enterprise that serves as an online extension of Avenue Supermarts Limited's flagship supermarket brand, DMart. Dasu brings with him a rich experience...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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