Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
The e-tail venture plans to initially offer apparel, electronics and footwear products.
Analysts say large firms in these segments don't need loan recast due to the efficient manner in which many of them operate.
The man of style Shahid Kapoor is turning athleisure trend into a serious fashion statement in India.
'Private banks are well-placed to deliver good performance over the next six months.'
Despite the onset of wedding season, the situation in apparel retail market remained unchanged and saw sharp decline in sales
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
The store segmentation approach that Shoppers Stop is taking is intended to improve its hit rate at a time when local and international fashion retailers are crowding the market with new merchandise across price points.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
India's largest online retailer Flipkart on Wednesday announced the addition of two new members to its leadership positions, Vice President of Fashion (Retail) and the Vice President of HR (Supply-Chain).
"Everything we consume, we have to consume responsibly," the textile minister said at Lakme Fashion Week.
Manish Malhotra turned 56 on December 5 and film folk trooped in to celebrate with him.
Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.
KVIC is keen to build an international footprint and is hopeful about signing up B2B agreements with at least 40 countries, to which end it has even registered a GI (geographical indicator) tag in the UK, Germany and Russia.
...followed by financial services, IT, and sales and marketing.
The numbers in India may not be as big but the opportunity for serious growth is all there.
'For how long can investors fund loss-making companies?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
It is unrealistic to expect that change will happen in one year: Birla
Raymond claims to be spending more than 10 per cent of its ad budget on its biggest campaign, called The Summer of Wool.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
Narayanan's strategy of building exclusive brands for Myntra has been a success as well, and more such brands will be added to the portal's offering in the future
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
The beauty queen turned actor talks about her new athleisure start-up.
It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
12,000: Number of people Flipkart plans to hire in FY15.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India's rank was further amplified by the collapse of the South American and Russian economies.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
"Our artificial intelligence tells us what people are buying at that point, what is in fashion; on the other hand, we have a fair idea of the material available. It gives us a sense of what we should be putting across in the market and we can put them across really quickly," Ananth Narayanan, CEO, Myntra, tells Alokananda Chakraborty.