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Radhakishan Damani

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...

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...

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...

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...

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...

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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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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