Retail
DMart’s consolidated Q3 net profit up 17% at Rs.690 cr
14 Jan 2024
Avenue Supermarts Ltd (ASL), which runs the DMart retail chain, has reported a consolidated net profit of Rs690 crore for fiscal third quarter ended 31 December 2023
eBay launches a 'seller guide' to boost Indian exporters in international e-commerce
06 Dec 2023
In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’
Walmart reduces import dependence on China and shifts focus to India
30 Nov 2023
Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.
Walmart prepares for 'Open Call' event in India as it aims for $10 billion annual export goal by 2027
08 Nov 2023
Retail giant Walmart is seizing the India-first opportunity in the global sourcing landscape as it prepares to host a groundbreaking mega sellers' summit in New Delhi on February 14 and 15, 2023.
Reliance Retail to buy out minority shareholders
11 Jul 2023
Reliance Retail will pay Rs1,362 per share to a host of global investors, including KKR, Mubadala, Abu Dhabi Investment Authority, General Atlantic, GIC and TPG, who together hold a 10.09 per cent stake in the company
Reliance to acquire Metro Cash & Carry India in € 500 m deal
07 Nov 2022
The deal includes 31 stores in 21 cities across India, as also land banks and other assets owned by Metro Cash & Carry in India
NCLAT upholds CCI order against Amazon-FCPL deal
15 Jun 2022
US retailer 7-Eleven rides piggy back Reliance Retail into India
11 Oct 2021
Based in Irving, Texas, SEI operates, franchises and/or licenses more than 77,000 convenience-retailing stores in 18 countries and regions, including 16,000 in North America
Reliance Retail to take controlling stake in Just Dial for Rs3,497 cr
19 Jul 2021
Reliance Retail Ventures Ltd will acquire up to 40.95 per cent equity stake in Just Dial as preferential and promoter equity and also make an open offer to its public shareholders to acquire another 26 per cent equity shares, in accordance with the Sebi Takeover Regultions
Amazon has been dodging India's regulators all the while: report
19 Feb 2021
While Amazon has been harping on its more than $5.5 billion investment in India and how it provided an online platform for 400,000-plus Indian sellers, in reality, some 33 Amazon sellers accounted for about a third of the value of all goods sold on the company’s website
SAT stays Sebi ban on Future group promoters from securities market
19 Feb 2021
The SAT order comes as a big relief to the Future Retail CEO, who is beng haunted by US online retailer Amazon over alleged violation of conditions of an agreement relating to the sale of its assets to Amazon Inc
RIL consolidated Q3 net profit rises 12.5% to Rs13,101 cr
25 Jan 2021
Reliance’s profit and operating margin were boosted by a fall in total expenditure and reduced tax expenses aithough its revenue was down 23.1 per cent year-on-year and operating fell 5.2 per cent
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
