Analysts are calling for earnings downgrades given moderate July-September quarter (Q2FY25) results and rising competition from quick commerce (qcom) and stiff competition from Amazon and Flipkart which are also now in qcom.
While the earlier qcom players offered a price advantage to DMart, Flipkart Minutes and Amazon Tez are slightly below DMart on price, while pushing qcom convenience. Zepto's discounts for orders above ₹900 also brings it below DMart in terms of pricing. DMart may see earnings estimates being reduced further as high-throughput metro stores are hit by qcom.
هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
India for 'per capita distribution of subsidies' criteria for fishers
India is pushing for the use of a \"per capita distribution of subsidies\" criteria in order to discipline subsidies that result in overfishing and overcapacity under a World Trade Organisation (WTO) framework.
Ajay Seth given additional charge as revenue secy
The Appointment Committee of the Cabinet, headed by Prime Minister Narendra Modi, on Tuesday assigned the additional charge of the post of revenue secretary in the finance ministry to Economic Affairs Secretary Ajay Seth.
Rupee hits new low of 84.85 vs dollar
Traders expect new RBI guv to tread a more flexible path on exchange rate
The relationship between RBI and govt is at its best
Outgoing Reserve Bank of India Governor SHAKTIKANTA DAS talks of how the relationship between the central bank and the government has evolved, why putting business restrictions is the last resort for the regulator, and that growth is impacted by a multiplicity of factors, not just one factor of the repo rate. Edited excerpts:
RBI an institution of trust, credibility: Das
As he left office on Tuesday, Reserve Bank of India (RBI) Governor Shaktikanta Das reminisced on how, together with the central bank's team, they successfully navigated an exceptionally challenging period marked by unprecedented global shocks, wishing that the top bank grows even taller as an institution of trust and credibility.
New governor has a lot on plate
Sanjay Malhotra takes charge as 26th RBI governor at a time when headline retail inflation has shot up to 6.2%
Will do what is best for economy, says incoming RBI guv
A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy.
Fog mandate: DGCA denies Akasa immediate relief
The Directorate General of Civil Aviation (DGCA) has directed Akasa Air to immediately comply with its mandate to deploy only CAT-III-trained pilots at all six major fog-affected airports, even as it reviews the airline's requests for certain exemptions, sources told Business Standard on Tuesday.
Separate policy sought for stainless steel industry
Industry body Indian Stainless Steel Development Association (ISSDA) is pushing for a separate policy for the stainless steel industry.
Omnicom's IPG buy to make it India's 2nd-largest ad firm
The board of directors of the Omnicom group on Monday approved the acquisition of Interpublic Group (IPG), making it the largest advertising company in the world by revenue.