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Patanjali's Balkrishna, D-Mart's Damani in Hurun India Rich List 2017

Acharya Balkrishna, the head of yoga expert Baba Ramdev-run FMCG company Patanjali and Radhakishan Damani of D-Mart have found their place along with Mukesh Ambani's in the Hurun India Rich List 2017. A massive rally in the stock market and...

From Traditional to Global: Gourmet grocery giants of India

Sales of gourmet and international foods – marked by unique and exciting flavour profiles, high-quality formulations and beautiful packaging – are soaring in India. The category has been growing at a steady healthy clip of 20 per cent CAGR...

Campus Shoes to collaborate with Shoppers Stop, Reliance Footwear

Delhi-based footwear brand Campus Shoes is all set to expand its footprint in the market, as the manufacturer is all set to collaborate with retail giants like Shoppers Stop stores, Avenue Supermart Ltd (D Mart), Metro Shoes and Reliance...

Avenue Supermarts post 47.6 pc jump in Q1 net profit

Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted a 47.6 per cent jump in its net profit at Rs 174.77 crore for the quarter ended June 30. According to a PTI report: The company had reported a net...

D-Mart strikes gold by getting the basics of retail right

While majority of retailers, both brick-and- mortar and online are reeling under pressure to make their bottomlines positive, the low-profile Mumbai-based D-Mart has breathed life into the challenging retail sector as it debuted on the stock market with a bumper...

Avenue Supermarts reports net profit of Rs 97 crore for Q4FY17

Avenue Supermarts Ltd. (ASL) has declared its financial results for the fourth quarter and full year ended March 31, 2017. The company reported net profit of Rs 97 crore for Q4FY17, as compared to Rs 66 crore in the corresponding...

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...

Avenue Supermarts IPO oversubscribed 1.22 times on Day 1

The initial public offer (IPO) of Avenue Supermarts, the operator of retail chain D-Mart, was oversubscribed 1.22 times on the first day of the issue. According to a PTI report: The IPO received bids for 5,42,95,850 shares against the total...

How DMart became a solid, homegrown regional supermarket chain in India

Ritu Bhattacharjee works as a sales executive at an automobile dealership in South Mumbai and lives with her husband and six-year-old son in Powai in the geographical centre of Mumbai. “I love it here!” she says. “There is nothing...

D-Mart owner Avenue Supermarts’ Rs 1,870-crore IPO to open on March 8

Avenue Supermarts, the parent of the D-Mart chain of food and grocery supermarkets, on Wednesday announced that its initial public offering will hit the market on March 8 and close on March 10. The price band for the Rs 1,870-crore...
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Phoenix Palladium, Mumbai welcomes 4 new brands

The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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