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DMart
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of March 2025, DMart has 415 stores across 12 states and union territories in India. In March 2024, the company had a total of 13,971 permanent employees and 59,961 employees hired on contractual basis. History Incorporated in 2000 by Radhakishan Damani, DMart opened its first store in Powai, Mumbai, in 2002. In its early years, the company adopted everyday low price strategy and pursued "slow expansion", growing to 29 stores across Maharashtra and Gujarat in 2010. Unlike other Indian supermarkets which typically leased 4,000 sq ft properties, DMart operated much larger stores, ranging up to 30,000 sq ft, most of which it owned. In 2013, DMart reported having 65 stores across Maharashtra and Gujarat, along with one store each in Hyderabad and Bangalore as it began expan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radhakishan Damani
Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India. His estimated net worth is US$15.5 billion as of December 2024, according to Forbes. Early life and career Radhakishan Shivkishan Damani was raised in a Maheshwari Marwari Hindu family in a single room apartment in Mumbai. He studied commerce at the University of Mumbai but dropped out after one year. After the death of his father who worked on Dalal Street, Damani left his ball bearing business and became a stock market broker and investor. In the early 1990s, he made big profits by short-selling stocks that had been artificially inflated by Harshad Mehta. Damani was reportedly the largest individual shareholder of HDFC Bank after it went public in 1995. In 1999, he operated a franchise of Apna Bazaar, a cooperative department store, in Nerul, but was "unconvinced" by its business model. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tirupati
Tirupati () is a city in the Indian States and territories of India, state of Andhra Pradesh and serves as the administrative headquarters of Tirupati district. It is known for its significant religious and cultural heritage, being home to the renowned Venkateswara Temple, Tirumala, Tirumala Venkateswara Temple, a major Hindu pilgrimage site, as well as Hindu Temples in Tirupati, other historic temples. The temple is one of the eight ''Svayam Vyakta Kshetras'' (self-manifested temples) dedicated to the deity Vishnu. Tirupati is situated 150 km from Chennai, 250 km from Bangalore, and 416 km from Vijayawada Tirupati is the second largest city in the Rayalaseema region, after Kurnool. According to the 2011 census of India, Tirupati had a population of 287,035, making it the List of cities in Andhra Pradesh, ninth most populous city in Andhra Pradesh, while the larger urban agglomeration had a population of 459,985, ranking it the List of urban agglomerations in An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Leasing
A retail lease is a legal document outlining the terms under which one party agrees to rent property from another party. A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years. Both the lessee and the lessor must uphold the terms of the contract for the lease to remain valid. Commercial leasing A commercial lease is meant to be an Agreement between the owner of a property and the person looking to initiate some sort of Businesses on that land. A retail lease is a kind of commercial lease in premises that are wholly or predominantly used for retail shop businesses. These leases attract additional protections under the law, so it is important to choose what type of lease the business is entering into. Leasing lawyers are specialists in the field of leasing and may be consulted for legal advice when entering a lease. Owning commercial property also means a com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Stock Exchange Of India
National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. NSE is under the ownership of various financial institutions such as banks and insurance companies. As of 2024, it is the world's largest derivatives exchange by number of contracts traded and the third largest in cash equities by number of trades for the calendar year 2023. History National Stock Exchange was incorporated in 1992 to bring about transparency in the Indian equity markets. NSE was set up at the behest of the Government of India, based on the recommendations laid out by the Manohar J. Pherwani, Pherwani committee in 1991 and the blueprint was prepared by a team of five members (Ravi Narain, Raghavan Puthran, K Kumar, Chitra Ramkrishna and Ashishkumar Chauhan) along with R H Patil and Sure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-commerce
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry. Defining e-commerce The term was coined and first employed by Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transacti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chhattisgarh
Chhattisgarh (; ) is a landlocked States and union territories of India, state in Central India. It is the List of states and union territories of India by area, ninth largest state by area, and with a population of roughly 30 million, the List of states and union territories of India by population, seventeenth most populous. It borders seven states – Uttar Pradesh to the north, Madhya Pradesh to the northwest, Maharashtra to the southwest, Jharkhand to the northeast, Odisha to the east, Andhra Pradesh and Telangana to the south. Formerly a part of Madhya Pradesh, it was granted statehood on Chhattisgarh Rajyotsava, 1 November 2000 with Raipur as the designated state capital. The Jogimara and Sitabenga Caves, Sitabenga caves in Chhattisgarh, one of the earliest examples of theatre architecture in India, are dated to the Maurya Empire, Mauryan period of 3rd century BCE. The region was split between rivaling dynasties from the sixth to twelfth centuries, and parts of it were bri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madhya Pradesh
Madhya Pradesh (; ; ) is a state in central India. Its capital is Bhopal and the largest city is Indore, Indore. Other major cities includes Gwalior, Jabalpur, and Sagar, Madhya Pradesh, Sagar. Madhya Pradesh is the List of states and union territories of India by area, second largest Indian state by area and the List of states and union territories of India by population, fifth largest state by population with over 72 million residents. It borders the states of Rajasthan to the northwest, Uttar Pradesh to the northeast, Chhattisgarh to the east, Maharashtra to the south, Gujarat to the west. The area covered by the present-day Madhya Pradesh includes the area of the ancient Avanti (India), Avanti Mahajanapada, whose capital Ujjain (also known as Avantika) arose as a major city during the second wave of Indian urbanisation in the sixth century BCE. Subsequently, the region was ruled by the major dynasties of India. The Maratha Confederacy, Maratha Empire dominated the maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karnataka
Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Reorganisation Act, and renamed ''Karnataka'' in 1973. The state is bordered by the Lakshadweep Sea to the west, Goa to the northwest, Maharashtra to the north, Telangana to the northeast, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest. With 61,130,704 inhabitants at the 2011 census, Karnataka is the List of states and union territories of India by population, eighth-largest state by population, comprising 31 List of districts in India, districts. With 15,257,000 residents, the state capital Bengaluru is the largest city of Karnataka. The economy of Karnataka is among the most productive in the country with a gross state domestic product (GSDP) of and a per capita GSDP of for the financial year 2023– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andhra Pradesh
Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and the List of states and union territories of India by population, tenth-most populous in the country. Telugu language, Telugu is the most widely spoken language in the state, as well as its official language. Amaravati is the state capital, while the largest city is Visakhapatnam. Andhra Pradesh shares borders with Odisha to the northeast, Chhattisgarh to the north, Karnataka to the southwest, Tamil Nadu to the south, Telangana to northwest and the Bay of Bengal to the east. It has the Coastline of Andhra Pradesh, third-longest coastline in India at about . Archaeological evidence indicates that Andhra Pradesh has been continuously inhabited for over 247,000 years, from early archaic Hominini, hominins to Neolithic settlements. The earliest r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telangana
Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, eleventh largest state by area and the List of states and union territories of India by population, twelfth most populated state in India, according to the 2011 Census of India, 2011 census. On 2 June 2014, the area was separated from the northwestern part of United Andhra Pradesh as the newly formed States and union territories of India, state of Telangana, with Hyderabad as its capital. Telugu language, Telugu, one of the classical languages of India, is the most widely spoken and the primary official language of Telangana state, whereas Urdu is recognised as the second official language. Additionally, several tribal languages such as Gondi, Kolami, Koya and Lambadi are spoken in different regions of the Telangana state. The economy of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
