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ICICI Securities

E-commerce growth in Tier II & III India surpasses Tier I: Report

The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that in tier-1 cities, according to a recent report. "Smaller Indian cities are now accounting for a bigger volume of e-commerce sales. E-commerce growth in...

JioMart tie up to benefit kiranas hit by loss of market share

As kirana stores lose market share, a tie up with JioMart may be a potential solution and could be beneficial for the viability of kirana stores. According to a report by ICICI Securities, despite all the noise, kiranas likely lost...

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...
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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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