Lee attributes this to customers caring about visiting big buying malls during the pandemic and preferring to shop on the retailer nearest residence as an alternative. Industry sources say ninety nine Speedmart is the grocery market leader, commanding a tenth of the market. The lender on Saturday reported 19% year-on-year rise in web profit for the quarter ended December to Rs 12,259 crore. Net curiosity revenue increased nearly 25% on yr to Rs 22,988 crore, and this was the best growth seen by the bank in atleast three quarters. Provisions and contingencies for the quarter dropped 6.3% YoY to Rs 2,806 crore.
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Jain, CEO of north India for Future Group, has joined the Gurgaon-headquartered V-Mart earlier this month and will report again to V-Mart’s founder Lalit Agarwal. There is currently one Save Mart store at 828 J St. in …
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