Business Today

When Caution Pays

Damani's conservative approach has Avenue Supermarts' DMart valued at three times more than all its competitors put together.

If a company is valued at Rs 75,000 crore, while all its competitors together are valued at only slightly above Rs 20,000 crore, you can be sure it's doing something right. And that is the gist of the DMart story.

Founder Radhakishan Damani is a stickler for the retail industry rulebook whose core

Estás leyendo una vista previa, regístrate para leer más.

Más de Business Today

Business Today4 min. leídos
Election Blues
If economic growth is a yardstick, the current government is ending its term on a stronger wicket than its predecessor. Estimates released by the Central Statistics Office (CSO) in January pegged 2018/19 gross domestic product (GDP) growth at 7.2 per
Business Today2 min. leídos
Camera Wonder
Talk of flagship phones and many would discard Huawei as a serious contender. But the Chinese manufacturer has come out with stunning technology breakthroughs, the latest being the P30 Pro that can compete with the likes of Samsung Galaxy S10 Plus an
Business Today2 min. leídosPsychology
Leaderspeak
Q. The biggest challenge in your career A. It happened when the Lehman Brothers collapsed in 2008. At the time, I was associated with Yamaha's marine business. Sales of large sized boats were rising in the US and we had to set up a new factory to inc