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Lalit Agarwal

V-Mart plans to invest Rs 300 crore to double store count; treble turnover in 5 years

Value fashion and lifestyle products retailer V-Mart Retail plans to invest Rs 300 crore to double store count and treble its turnover to Rs 3,500 crore in the next five years.According to a PTI report: V-Mart, which primarily operates...

V-Mart Q4 net profit more than doubles to Rs 15.91 crore

World’s best financially performing department store chain, V-Mart Retail, has recorded record profits for the year ended March 2018, on the back of continued focus on fashion led growth for aspiring Tier 2 and Tier 3 town consumers.V-Mart Retail...

V-Mart Retail Ltd appoints Samir Mishra as COO

The board of directors at V-Mart Retail Ltd. has announced the appointment of Samir Misra as its Chief Operating Officer.Misra joins the organization at an exciting time - the well-known Value retailer which commands an unmatched presence in Tier...

V-Mart opens first store in Jammu

V-Mart, known as the king of organized retail in Tier-II & III cities, has opened its first store in Jammu, the winter capital of J&K. This is the fourth store of the brand in J&K.V-Mart has introduced Jammu to...

V-Mart: A value retailer pioneering modern trade in small towns and cities

V-Mart – one of India’s largest value retailers – was incorporated as Varin Commercial Private Limited under the Companies Act in 2002 in West Bengal. A year later, it opened its first V-Mart store in Ahmedabad, Gujarat. Since then,...

V-Mart reports increase in revenue by 23 pc to Rs 9,250 million

V-Mart-Retail Ltd. announced its unaudited financial results for the quarter ending December 31, 2017. For the period ending nine months FY 18, V-Mart reported an increase in revenue from operation by 23 percent to Rs 9,250 million, EBIDTA by...

V-Mart gifts employees IGNOU branded certification, 24×7 helpline on Retail Employees Day

V-Mart Retail Ltd created history by becoming one of the first retail chains to launch an in-house Diploma in Retailing accredited by Indira Gandhi National Open University (IGNOU) called V-Mart Gurukul for its employees to mark the celebrations of...

The Young Guns of Retail: Surging ahead with guts and gumption

Retail is such a dynamic and disruptive industry, that a good CEO needs to exhibit traits of intensity, impatience and an eagerness to move forward to stay on top of the retail game. We met a talented team of...

V-Mart reports 39 per cent revenue jump, 107 per cent EBITDA increase for Q1

V-Mart Retail Ltd. announced its unaudited financial results for the quarter ending 30 June 2017, which were approved by the Company’s Board of Directors at its meeting held on 18 Aug 2017. During the first quarter of FY18, V-Mart reported an...

V-Mart organizes flagship business associate program, Sahyog

Around 500 business associates of V-Mart Retail Ltd participated in its flagship business associate program Sahyog, which is aimed at strengthening SMEs and empowering small businesses enhance their business competence and contribute to Prime Minister Narendra Modi's 'Make in India'...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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