Nykaa board approves 5:1 bonus issue; share surges 11%
This would be the first bonus issue by Nykaa after the share of beauty and fashion e-retailer made its debut on the domestic bourses on November 10, 2021.
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Nykaa shares jump 6% on bonus issue plan
After a blockbuster listing last year, shares of Nykaa currently trade 47% lower than its all-time high of ₹2,574 touched on November 26, 2021.
Sensex, Nifty to open higher; Suzlon, Ambuja Cements, Nykaa, Essar Shipping shares eyed
The Sensex and Nifty are poised to open higher on F&O expiry day, in line with global equities after the Bank of England intervened in the bond market to stabilise financial markets.
Revenge consumption: consumers flock to stores as festivities near
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
Start-up Riches
A new generation of techpreneurs is building new-age solutions and creating companies valued at well over a billion dollars, helped by massive investor funding.
Canada’s DECIEM makes India foray with launch of The Ordinary
DECIEM co-founder & CEO Nicola Kilner says the company believes India will be one of its top three markets in the next 3-5 years.
This recently listed share returned 2.6 times in just 11 months; do you own it?
The midcap stock has surged 155% since its listing on March 25, 2021, from ₹164.45 to ₹427.7 in intraday today on the BSE.
Nykaa shares tank over 7% as e-tailer's Q3 profit falls 58%
Net profit of Nykaa parent, FSN E-Commerce Ventures, plunged 58% year-on-year to ₹29 crore in the third quarter.
Ashneer Grover’s leave opens a pandora’s box; BharatPe calls for calm
Ashneer Grover’s dispute and the voluntary leave that followed has opened a pandora’s box of large-scale corporate governance issues
Snapdeal files for ₹1,250 crore IPO; here’s how to invest in SoftBank-backed e-retailer
After Paytm, Zomato, and Nykaa, SoftBank-backed online retailer Snapdeal has filed a draft prospectus with SEBI to raise ₹1,250 crore via IPO.
