Avenue Supermarts Ltd’s lofty valuations suggest investors expect the moon from the retailer. Avenue runs the DMart supermarket chain of stores. Avenue’s shares now trade at a whopping 116 times financial year 2020 earnings. In fact, the stock is about 6% …
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(Adds detail). By K. Sathya Narayanan. May 25 (Reuters) – India’s crude oil processing in April slumped by 28.8% from a year earlier, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut production.
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Lego designers get to play with plastic bricks for a living. Video-game designers get paid to smash buttons. And some people at Rolls-Royce build toy cars during working hours. But this is no ordinary model. First, the model is of a Rolls-Royce Cullinan, …
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Home cooking during the coronavirus lockdown has seen a surge in sales of eggs. As a result of the increase in demand for the super-versatile ingredient, one particular type is making a return to supermarket shelves after more than 40 years. White-shelled …
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HYDERABAD: Ikea India on Monday restarted its services in Hyderabad, with the retail furniture giant launching ‘Click & Collect’, its online shopping service, under which buyers will have to collect their furniture from the store’s carpark. Its retail store in …
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