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

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