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  • SBI Mutual Fund invests Rs 100 crore in Lenskart at $7.7 billion valuation ahead of IPO

    The move follows RK Damani’s Rs 90-crore pre-IPO investment; Moneycontrol was the first to report on SBI MF’s planned investment earlier this month.

  • Lenskart pre-IPO: Dmart’s RK Damani and SBI MF likely to pick up shares worth Rs 200 crore

    Lenskart pre-IPO: Dmart’s RK Damani and SBI MF likely to pick up shares worth Rs 200 crore

    The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.

  • India's richest investors: Ashish Kacholia, Mukul Agrawal's wealth soars in 2024, Hemendra Kothari, RK Damani's portfolio saw erosion

    India's richest investors: Ashish Kacholia, Mukul Agrawal's wealth soars in 2024, Hemendra Kothari, RK Damani's portfolio saw erosion

    Damani’s portfolio fell by 20 percent, declining from Rs 2 lakh crore in December 2023 to Rs 1.63 lakh crore. The drop is on account of a correction in Avenue Supermarts stock price and reduced holdings in VST Industries.

  • Here's how much money Radhakishan Damani made in UltraTech Cement-India Cements deal

    Here's how much money Radhakishan Damani made in UltraTech Cement-India Cements deal

    Data compiled by Moneycontrol shows that Damani, along with his relatives and investment companies, has been consistently increasing his stake in the cement major over the years with his total acquisition price expected to be in the range of Rs 600-700 crore.

  • Radhakishan Damani bets big on cement sector, hopes demand to be on track again

    Radhakishan Damani bets big on cement sector, hopes demand to be on track again

    As of April 28, 2022, Radhakishan Damani individually holds 3,51,32,665 equity shares in India Cements. The cumulative holding of the family stands at 6,44,98,180 shares. This stake is worth Rs 1,335 crore.

  • RK Damani hikes stake in VST Industries, reduces holding in Blue Dart: Report

    RK Damani hikes stake in VST Industries, reduces holding in Blue Dart: Report

    According to the company's most recent regulatory filing, the investor purchased around 12,000 equity shares of VST Industries between January and March.

  • RBL Bank has financial strength, capital for growth ahead: Interim CEO Rajeev Ahuja

    RBL Bank has financial strength, capital for growth ahead: Interim CEO Rajeev Ahuja

    "RBI has given me the assurance that they are comfortable with performance of the bank," RBL Bank interim CEO Rajeev Ahuja told CNBC-TV18.

  • Rakesh Jhunjhunwala, RK Damani approach RBI with request to buy 10% stake in RBL Bank

    Rakesh Jhunjhunwala, RK Damani approach RBI with request to buy 10% stake in RBL Bank

    The central bank is in the process of examining the request, CNBC TV 18 reported.

  • RBL Bank's interim CEO Rajeev Ahuja says bank has full support of RBI, asset quality issues addressed

    RBL Bank's interim CEO Rajeev Ahuja says bank has full support of RBI, asset quality issues addressed

    "The (recent) developments are not on account of asset quality, advances issues. The bank has the full support of the RBI," RBL Bank's interim CEO Rajeev Ahuja said.

  • RK Damani increases stake in India Cements to 22.76%

    RK Damani increases stake in India Cements to 22.76%

    Damani, who is also the founder of retail behemoth D-Mart, was reportedly planning to acquire a controlling stake in India Cements last year.

  • Podcast | How Ramesh Damani's thumb rule of 24% returns can make you really rich

    Podcast | How Ramesh Damani's thumb rule of 24% returns can make you really rich

    In a freewheeling podcast interview with Moneycontrol Editor Santosh Nair, legendary investor Ramesh Damani talks about his beginnings, his investing journey and what individual investors should do if they want to succeed in the market.

  • Grocer in the green: RK Damani's networth rises $3.9 billion in a day

    Grocer in the green: RK Damani's networth rises $3.9 billion in a day

    At USD 4.4 billion, D-Mart's RK Damani is now wealthier than prominent names such as Adi Godrej, Pawan Munjal, Nusli Wadia, Rahul Bajaj and Ajay Piramal on the Forbes list of the richest in India.

  • D-Mart parent IPO: Expect to be rewarded, says IIFL

    D-Mart parent IPO: Expect to be rewarded, says IIFL

    At Rs 295-299 per share, the Initial Public Offering of Avenue Supermarts - the parent of retail chain D-Mart - has been priced to perfection, according to Sanjiv Bhasin of IIFL.

  • As D-Mart parent IPO hits Street, all you need to know about it

    As D-Mart parent IPO hits Street, all you need to know about it

    A breakdown of Avenue Supermarts', promoted by Radhakishan Damani, issue details, company profile, financials, among others.

  • Jhunjhunwala, RK Damani pick up 14% stake in Sterling Holi

    Jhunjhunwala, RK Damani pick up 14% stake in Sterling Holi

    Sterling Holiday Resorts (India) touched an intraday high of Rs 99.80 and an intraday low of Rs 97. At 09:19 hrs the share was quoting at Rs 98.60, up Rs 5.35, or 5.74%.

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