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Can Vishal Mega Mart command DMart-type valuation in PE-backed IPO?

Consumer

13 March, 2024

Can Vishal Mega Mart command DMart-type valuation in PE-backed IPO?

Vishal Mega Mart Pvt. Ltd is preparing to float an initial public offering under its private equity owners and could ......

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

General

17 June, 2020

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two Delhi ......

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Check out the stocks that rose during the first two lockdown phases

Markets

04 May, 2020

Check out the stocks that rose during the first two lockdown phases

In the wake of the coronavirus pandemic and the lockdowns that have ensued all over the world, most major stock ......

Indian retailers see revenue hit, job losses on coronavirus outbreak

Consumer

23 March, 2020

Indian retailers see revenue hit, job losses on coronavirus outbreak

The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and ......

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One in three Indian consumer firms sees sales decline in peak shopping season

Consumer

17 February, 2020

One in three Indian consumer firms sees sales decline in peak shopping season

The poor consumer sentiment in the economy is yet to see any improvement with as many as one in three ......

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Singapore's GIC grabs more shares off Indian supermarket's shelves

Consumer

11 February, 2020

Singapore's GIC grabs more shares off Indian supermarket's shelves

Singapore sovereign wealth fund GIC Pte. Ltd has increased its stake in a supermarket chain nearly three years after its ......

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Half the early birds post lower revenue for Q3 but profitability improves a tad

Finance

23 January, 2020

Half the early birds post lower revenue for Q3 but profitability improves a tad

India Inc.’s revenue growth slowed again in the quarter through December 2019 but profit growth recovered a little, an analysis ......

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Consumer

26 December, 2019

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Reliance Retail Ltd has emerged as the most valued retailer in the country after parent Reliance Industries Ltd proposed a ......

Radhakishan Damani sells nearly $125-mn stake in D-Mart again

Consumer

09 August, 2019

Radhakishan Damani sells nearly $125-mn stake in D-Mart again

Ace stock market investor Radhakishan Damani, who is also the promoter of Avenue Supermarts Ltd, on Friday sold a 1% ......

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Why the perceived slowdown in India's consumer demand is not as bad as it seems

Consumer

11 July, 2019

Why the perceived slowdown in India's consumer demand is not as bad as it seems

Slowing consumer demand has been dominating the narrative around the state of the Indian economy and some indicators, especially motorcycle ......