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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 …

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3 mins read

Mixed-bag festive season spells speed bumps for consumer companies

The third quarter of India is known for its many festivals, weddings and much more and is thus the …

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2 mins read

Delhi Police arrest kingpin who created fake websites of BigBasket, DMart, Blinkit

Delhi Police has arrested the kingpin of a gang of cyber cheats, which used to create fake websites…

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6 mins read

New India’s greatest wealth creators are 90s babies, born without a silver spoon

This millennium’s wealth creation story is written by startups — well mostly. According to a report…

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4 mins read

DMart has more stores and no disruptions like it wanted – and investors are excited

DMart is a well-known name thanks to its big discounts and wide availability of products from names…

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4 mins read

Unlockdowned - DMart gets it mojo back from monsoons and school-going children

Children going back to schools with bags loaded onto their back in raincoats is a sight for sore ey…

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2 mins read

Mumbai’s rich & famous are buying luxury homes for maximum money

While billionaire Damani spent a whopping ₹1,238 crore for a property at Oberoi Three Sixty West in…

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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…

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4 mins read

Sensex, Nifty50 trend higher led by gains in Tata Motors, Infosys, Tata Steel and L&T

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amidst negativ…

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4 mins read

Sensex, Nifty50 slip in morning trade: Adani Transmission, Adani Total Gas fall 5% after MSCI drops them

Indian equity markets are likely to open in the red on Friday amidst negative global cues. SGX Nift…

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3 mins read

Diwali and Christmas may have saved DMart’s quarter

The normalcy around this festive season was an added bonus, which further boosted customer’s con…

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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…

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2 mins read

Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch

India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …

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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 …

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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…

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1 min read

D-Mart Q2 revenue jumps 35.7% to ₹10,384 crore

The company had revenue from operations of Rs 7,649.64 crore in the year-ago period, according t…

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Billionaire investor and DMart founder Radhakishan Damani is now among world’s 100 richest people

Billionaire investor and DMart founder Radhakishan Damani added $4.4 billion to his net worth and i…

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3 mins read

This Indian billionaire is racing towards the world's top 50 adding nearly $10 billion to his net worth in the last 10 months

Radhakishan Damani, the founder of Avenue Supermarts (DMart) is now the 63rd richest man in the wor…

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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…

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5 mins read

Sensex, Nifty50 end lower led by losses in metals, auto, banks

India’s benchmark indices Sensex and Nifty50 closed lower on Monday led by losses in shares of meta…