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Growth slowdown, valuations near-term hurdles for DMart

Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to......

A new fintech world is upon us amid funding drought, lower valuations

In January, Visa’s chief executive officer, Al Kelly, said during an earnings call that “there’s been a burst of the balloon in valuations in the fintech world”.......

How Walmart plans to triple sourcing from India

Innovations from India are also helping Walmart improve retail around the world. India is a source of talent and technology for Walmart globally. Illustration: Dominic Xavier/Rediff.com Walmart,......

Covid spurs matured-stage start-ups to advance their IPO plans

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear......

Mukesh Ambani is now 9th richest man in the world

With RIL’s market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and......

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