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DMart parent Avenue Supermarts approves Rs 500 crore investment in online grocery armAvenue Supermarts, the parent of DMart, has approved an additional investment of up to ₹500 crore in Avenue E-Commerce, which operates DMar...- Shein's slowing growth tests investor appetite ahead of Hong Kong IPOShein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with ris...
- IKEA expands Delhi footprint with second city store in Saket, deepens NCR growth strategyIKEA India is opening its second city store in Delhi at DLF Avenue, Saket. This new store will offer nearly three thousand products for cus...
- AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
- DMart shares fall 4% after Q1 results. What are Motilal Oswal, other brokerages saying?DMart shares fell on Monday despite reporting a healthy June-quarter performance. The company posted an 11.3% year-on-year rise in consolid...
- Dmart recasts strategy as rapid delivery competition intensifiesDMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rap...
- DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 croreAvenue Supermarts reported an 11.3% net profit increase for the June quarter. The company's revenue from operations also saw a 14.9% year-o...
- Indonesia looking to gain from India's developmental success storiesIndonesia is increasingly viewing India as a key partner for technology, policy, and development solutions. Prime Minister Modi's upcoming ...
- Blue Dart Aviation to expand cargo operations across five emerging Indian hubs, targets high-value cargoBlue Dart Aviation is gearing up to enhance its air cargo operations by launching services in five new industrial hotspots over the next fi...
- Major boost to Meghalaya's infrastructure as Nitin Gadkari lays foundation stones of 6 National Highway projectsMeghalaya's infrastructure receives a major boost with Union Minister Nitin Gadkari inaugurating and laying foundation stones for six highw...
- Ecommerce isn't adding much to Retail Inc's cartAn ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, P...
- Avenue Supermarts' online sales jump 21% to Rs 3,502 Cr in FY25, losses widen amid expansion pushAvenue Supermarts, which operates the DMart chain, reported a 21% rise in online grocery sales to ₹3,502 crore in FY25 through its e-commer...
- DMart shares in focus on Rs 175 crore investment in subsidiaryAs per the filing, D-Mart subscribed to 4.67 crore equity shares of AEL at an issue price of Rs 37.41 per share, which includes a premium o...
- DMart's fundamental business principles should stay intact: CEO Neville NoronhaNeville Noronha, CEO of Avenue Supermarts, emphasizes that DMart's core principles must remain unchanged as he prepares to step down in 202...
- Infibeam Avenues rises 10% as NCLT approve demerger proposalIn a filing to BSE, the company said that the composite scheme of arrangement will assist Infibeam Avenues to unlock value for its sharehol...
- DMart converts 2 Mumbai stores into fulfilment centres to cater to e-commerce demandThe company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail busin...
- Infibeam Avenues to demerge SME e-commerce service, marketplace businessThrough the demerger, Infibeam will continue to focus on digital payments and e-commerce enterprise platform solutions.
- Avenue Supermarts Q3 net jumps 65.77% to Rs 251.76 croreThe company had reported a net profit of Rs 151.87 crore in the corresponding quarter a year ago.
- Infibeam board approves share split, CC Avenue amalgamationThe board also cleared amalgamation of CC Avenue with the company in which Infibeam has controlling stake.
- RemitGuru launches Request Money - a product for residents to request funds from relatives living abroadThe request and remittance process involves a person in India logging on to the firm's website and clicking on ‘money option’, according to...
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