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2025-01-11 16:02:52| The Economic Times

Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa from Unilever will take over as CEO Designate from March 2025 and assume full CEO responsibilities in February 2026. Noronha leaves a legacy of achieving significant milestones, including expanding DMart to over 380 stores.


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2025-01-11 15:38:49| The Economic Times

The retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a YoY basis.


Category: News and Media

 

2025-01-11 12:52:29| The Economic Times

Sebi's Wholetime Member Ananth Narayan announced that no additional measures will be taken to restrict derivatives trading, emphasizing ongoing efforts to improve risk management and ease of doing business. He also clarified that Sebi is not considering steps on trading eligibility and appropriability, focusing instead on refining risk measurement and connectivity between cash and derivatives markets.


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2025-01-11 11:00:48| The Economic Times

The markets showed persistent decline over the last week, with the Nifty index breaching key technical levels, including the 200-DMA and 50-week MA, ending significantly lower. This sets a bearish tone for the market, signaling potential prolonged weakness unless resistance levels are surpassed.


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2025-01-11 10:54:42| The Economic Times

In the five trading sessions leading up to January 10, the Sensex declined by approximately 2.33%, or 1,844 points, closing at 77,378, despite losses in four of those sessions. ETMarkets highlighted five stocks with a market cap of over Rs 1,000 crore that showed consistent price increases during this period. (Data Source: ACE Equity)


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