Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maint ...More

Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised its target to Rs 1,050. Elara Securities retained its Buy rating on Nykaa and increased its target to Rs 475, citing premiumisation, stronger customer quality and growth in online beauty and personal care. ...Less

Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% ...More

Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes as the D2C beauty brand battles mounting losses, falling revenues and the challenges of aggressive offline expansion. ...Less

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thir ...More

Overseas investors continued buying Indian equities for five straight fortnights. They invested over thirteen thousand crore rupees in the latter half of August. Consumer services, financials, and healthcare sectors received significant foreign portfolio inflows. Capital goods also saw renewed investor interest after previous outflows. Oil, gas, and consumable fuels experienced the largest foreign investment outflows. ...Less

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors ...More

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. The period from Ganesh Chaturthi through Navratri, Dussehra, Dhanteras, Diwali and the wedding season typically brings higher footfalls, orders, ticket sizes and margins. ...Less

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples ...More

Lenskart’s IPO valuation drew sharp criticism from investors, with its 230x P/E and 10.5x sales multiples sparking comparisons with expensive listings such as Mamaearth, Paytm and Nykaa. Retail investors mocked the Rs 70,000-crore valuation on social media, questioning whether the eyewear company offered enough upside. Less than a year later, the debate over Lenskart’s valuation has taken a new turn. ...Less

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude abo ...More

Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude above $90 pressured sentiment, while broader indices declined and technical indicators pointed to continued near-term volatility. ...Less

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...More

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...Less

Under the proposed structure, Sharma's remuneration will also include a variable component which will be ...More

Under the proposed structure, Sharma's remuneration will also include a variable component which will be performance-linked set by the NRC on achievement against predefined financial performance targets. ...Less

Zee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its ...More

Zee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its promotional Instagram reels. In response, Nykaa asserts that Meta, which owns Instagram, licenses music for all users. The fashion brand maintains that their use of in-app music tools is in accordance with existing agreements. ...Less

On August 19, four Nifty500 stocks that gained over 2% were identified using the RSI Trending Up scan, ba ...More

On August 19, four Nifty500 stocks that gained over 2% were identified using the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks. ...Less

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who ...More

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who have built and scaled some of India’s best-known new economy companies — in ecommerce, fintech and software products — weathered multiple cycles and successfully exited their businesses. ...Less

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition ...More

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise. ...Less

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for ...More

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom. ...Less

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also fe ...More

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also featured prominently on the list of e-commerce platforms. The National Consumer Helpline facilitated over 91 crore in refunds to consumers. Non-delivery of products constituted the largest category of complaints filed. The government has taken steps to address unfair trade practices in e-commerce. ...Less

In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquis ...More

In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-to-consumer) brand, and launch its quick commerce service Nykaa Now in more cities. While premiumisation is expected to support margins, growth in fashion and rapid delivery will require continued investment, say analysts. ...Less

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech ...More

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5. ...Less

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered ...More

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered jury and nominations for two categories, Bootstrap Champ and Top Innovator. ...Less

Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolid ...More

Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolidated net profit more than tripled to Rs 80 crore, while revenue rose 29% YoY to Rs 2,782 crore. ...Less

Nykaa said that the brand, which sells products such as serums and sleep oils, operates "in a sizeable hi ...More

Nykaa said that the brand, which sells products such as serums and sleep oils, operates "in a sizeable high growth segment". "It is among the top premium skincare brands on Nykaa.com in the Rs 1,000-1,900 price range," the company said. ...Less

Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore ...More

Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore a year prior. Including other income of Rs 9.3 crore this quarter, its total income stood at Rs 2,791.3 crore. ...Less

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate pla ...More

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conducted by social media app Snapchat and market research firm GWI. The research, titled ‘Unlocking India's Gen Z Shopping Circles’ was conducted in June with 1,000 participants between the age group of 16-27. ...Less

Nykaa's quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in th ...More

Nykaa's quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in the beauty business and fashion sales acceleration drove this profit rise. The company's revenue from operations also increased by over twenty-nine percent. Analysts expect continued strength across both beauty and fashion segments. Improved conversion and customer acquisition fueled the fashion business's sharp acceleration. ...Less

Brokerages remain bullish on select consumer, auto component, and real estate stocks. Nuvama reiterated ' ...More

Brokerages remain bullish on select consumer, auto component, and real estate stocks. Nuvama reiterated 'Buy' on Nykaa (target Rs 414) and Uno Minda (target raised to Rs 1,380) citing margin expansion and strong demand, while Elara Securities maintained 'Buy' on Godrej Properties (target Rs 3,200), seeing 57% upside. ...Less

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the R ...More

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the Reserve Bank of India's monetary policy announcement on Wednesday. BSE reported a significant profit increase for the June quarter, driven by revenue growth. Bharti Airtel and Nykaa also announced strong quarterly earnings, showing substantial profit jumps. The government began an offer for sale in LIC for non-retail investors. ...Less

PayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in toda ...More

PayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5. ...Less

Happy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETt ...More

Happy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch. ...Less

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more ...More

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5. ...Less

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This a ...More

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning Dispatch. ...Less

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day ...More

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boosting purchases, according to analysts. Ecommerce majors Amazon and Flipkart started their Independence Day sale events last Friday. For the platforms, demand during the period is usually driven by Raksha Bandhan gifting purchases. This year, Raksha Bandhan comes around a fortnight after the sale events end. ...Less

Spotify Premium subscribers in India now receive exclusive lifestyle benefits. These rewards include disc ...More

Spotify Premium subscribers in India now receive exclusive lifestyle benefits. These rewards include discounts from popular brands like MakeMyTrip and Nykaa. Premium members can also access invite-only music events and listening sessions. This initiative transforms Spotify Premium into a membership with added lifestyle advantages. ...Less

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's pare ...More

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling shares worth up to Rs 2,002 crore. The government will offer shares in LIC to non-retail investors starting Tuesday. Airtel, ONGC, and BSE will announce their first quarter results today. ONGC's petroleum facility will reserve half its capacity for strategic reserves. ...Less

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airt ...More

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent and Hero MotoCorp will release their quarterly figures on Thursday. State Bank of India and Titan Company are scheduled for Friday announcements. The earnings cycle concludes Saturday with Anant Raj's results. ...Less

Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactu ...More

Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactures biodegradable and plastic-free packaging alternatives for businesses. Bambrew utilizes natural ingredients like bamboo and sugarcane for its products. The startup has successfully reduced over ten thousand tons of plastic waste. Their sustainable packaging is now available in more than ten countries globally. ...Less

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across ...More

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across quick commerce and offline retail. The brand will also launch hybrid skincare-makeup products and grow its fragrance line. Typsy Beauty aims to offer international quality makeup at accessible Indian prices. The company plans to introduce over ten new products in coming months. ...Less

Ankit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic mov ...More

Ankit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic move. Nykaa intends to broaden its 30-minute beauty delivery service to cater to all high-demand locations by the end of FY30. Currently active in thirteen cities, Nykaa Now is also upgrading its next-day and hyperlocal delivery capabilities. This initiative underscores the rising emphasis on vertical quick commerce across various sectors. ...Less

Indian family businesses are entering a new growth phase. Next generations balance legacy with innovation ...More

Indian family businesses are entering a new growth phase. Next generations balance legacy with innovation and measured risk. Family offices now deploy capital for startups and frontier technologies. Legacy groups focus on calibrated risk-taking and manufacturing capabilities. Succession planning and adapting to new markets are key challenges. ...Less

Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed high ...More

Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed higher after positive news emerged. President Donald Trump's statement on Iran talks boosted investor sentiment considerably. Major companies like IndiGo, Infosys, and TCS saw substantial share price increases. Broader market indices also reflected the overall bullish trend across exchanges. ...Less

Indian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy deci ...More

Indian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy decision will significantly influence market direction. Geopolitical tensions in the Middle East and fluctuating oil prices remain key concerns. Foreign institutional investors are showing renewed interest in Indian equities. Corporate earnings announcements will also provide crucial trading cues for investors. ...Less

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She ...More

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals are investing heavily to capture market share in online groceries. ...Less

ET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with ...More

ET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with the never-say-die spirit that makes family-owned businesses some of the strongest and biggest success stories of today ...Less

Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and m ...More

Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5. ...Less

Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price ind ...More

Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price indication from large institutional investors and is negotiating for a week or two before deciding whether to proceed. A deferment is on the table if the price gap does not close, though the company would prefer to list, they added. ...Less

Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its moun ...More

Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group veteran, she began her stint at the online retailer as an associate director in 2013, managing the beauty and personal care categories. ...Less

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation ...More

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial. ...Less

Reliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics a ...More

Reliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics and personal care onto its fashion platform. The strategy aims to build an integrated fashion, beauty, and lifestyle ecosystem. AJIO Beauty will offer a wide range of products and brands nationwide. This expansion taps into India's rapidly growing beauty and personal care market. ...Less

South Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This ...More

South Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This cultural wave now fuels substantial economic ties and foreign investment. Korean brands are deeply embedded in India's consumer market across various sectors. Bilateral trade and investment are expanding, covering advanced manufacturing and technology. This partnership aims to build resilient ecosystems from chips to ships. ...Less

Nykaa shares have broken out of a four-year consolidation to hit fresh highs in July 2026, supported by s ...More

Nykaa shares have broken out of a four-year consolidation to hit fresh highs in July 2026, supported by strong technical indicators and sustained buying interest. Analysts see further upside towards Rs 370, though overbought signals suggest the possibility of a near-term pullback amid continued bullish momentum. ...Less

Domestic companies expect the India-UK trade pact to spur innovation and not create serious competition. ...More

Domestic companies expect the India-UK trade pact to spur innovation and not create serious competition. The agreement reduces tariffs on many products, making British goods more affordable for consumers. Companies like Amul see advantages in local sourcing, mitigating import competition concerns. Retailers believe the pact will encourage quality enhancement and premiumisation among Indian manufacturers. The trade deal's impact on prices is expected to be gradual and measured over time. ...Less

Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturin ...More

Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience centre in the Delhi-NCR region and a research and development centre in Mumbai. It also plans to strengthen its team across functions. ...Less

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with ...More

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Late-stage funding accounted for the majority of capital raised this week. July funding so far stands at about $650 million, compared with $1.91 billion in June. ...Less

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly ...More

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly 30% year-on-year growth in consolidated net revenue for the June quarter. This surge is largely attributed to a significant turnaround in its fashion segment, projecting around 55% net sales value growth, alongside continued strength in its core beauty business. ...Less

The company, in a voluntary quarterly update filed with the stock exchanges on Sunday, said consolidated ...More

The company, in a voluntary quarterly update filed with the stock exchanges on Sunday, said consolidated gross merchandise value and net sales value growth for Q1 FY27 are expected to be in the early thirties on a year-on-year basis. The update is provisional and subject to limited review by the company’s statutory auditors. ...Less

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This a ...More

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning Dispatch. ...Less

The recent observation by Google indicates that more users are turning to conversational queries, opening ...More

The recent observation by Google indicates that more users are turning to conversational queries, opening up exciting new possibilities for advertisers. As AI influences search advertising, companies are reevaluating their traditional approaches. This transition towards conversational search facilitates quicker consumer decision-making. Moreover, India's unique regional languages provide a tremendous opportunity for advancing conversational search capabilities and enhancing user engagement. ...Less

Seven BSE 200 stocks, including Paytm, Nykaa, Oracle Financial Services and JSW Infrastructure, hit fresh ...More

Seven BSE 200 stocks, including Paytm, Nykaa, Oracle Financial Services and JSW Infrastructure, hit fresh 52-week highs despite a subdued market. The milestone reflects strong investor confidence, sustained buying interest and continued upward momentum in these counters. ...Less

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only ...More

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. Industry experts and analysts said digital platforms’ expansion into newer models blurs the lines between marketplace and retailer, raising fresh competition and regulatory concerns. ET explains the issue. ...Less

Nykaa, Godrej Industries and four other BSE MidCap stocks hit fresh 52-week highs, rallying up to 30% ove ...More

Nykaa, Godrej Industries and four other BSE MidCap stocks hit fresh 52-week highs, rallying up to 30% over the past month amid strong market momentum. ...Less

Despite the Sensex ending lower for the week, 10 BSE 1000 stocks defied market weakness by rising in all ...More

Despite the Sensex ending lower for the week, 10 BSE 1000 stocks defied market weakness by rising in all five trading sessions, delivering cumulative gains of up to 20% between July 6 and July 10. ...Less

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving marg ...More

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. However, while the foreign shareholding in the company has dropped to less than half, Swiggy has not yet achieved IOCC status. ...Less

Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlight ...More

Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility. ...Less

Indian equities posted their steepest single-day decline since March as rising crude prices, renewed Midd ...More

Indian equities posted their steepest single-day decline since March as rising crude prices, renewed Middle East tensions and weak global cues triggered broad-based selling. Analysts said geopolitical developments, earnings guidance and central bank decisions will shape the market’s near-term direction. ...Less

Virat Kohli relaunched his lifestyle brand One8 with Agilitas Sports. This venture aims to overcome past ...More

Virat Kohli relaunched his lifestyle brand One8 with Agilitas Sports. This venture aims to overcome past challenges faced by celebrity-backed brands. Agilitas brings operational expertise and manufacturing capabilities to the brand. The company is focusing on rapid product development and efficient distribution. Success will depend on consumer repeat purchases within the first year. ...Less

Sachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and ...More

Sachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and more in today’s ETtech Morning Dispatch. ...Less

Senior founders, who give up the comforts of India Inc for the chaotic energy of startups, bring to the t ...More

Senior founders, who give up the comforts of India Inc for the chaotic energy of startups, bring to the table instant credibility, networks and industry knowledge that young founders strive for years to build. ...Less

Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unv ...More

Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion gross merchandise value, driven by disciplined execution and capital-efficient investments. ...Less

Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled bo ...More

Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last three years while maintaining profitability. ...Less

Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold ...More

Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold revenue increase and four to fivefold EBITDA growth. The beauty retailer plans to significantly expand its store network and boost fashion merchandise sales, with its core beauty business already showing strong sales growth. ...Less

Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark a ...More

Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets. ...Less

Brokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects ...More

Brokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesho with a 'Buy' rating, citing user growth and monetization potential. Elara Capital sees Mahindra Logistics as a turnaround success story poised for profit-driven compounding. However, HDFC Securities remains cautious on Nykaa, deeming its long-term growth and margin targets overly ambitious. ...Less

Geojit Investments' Gaurang Shah sees selective opportunities in India's equity markets despite global un ...More

Geojit Investments' Gaurang Shah sees selective opportunities in India's equity markets despite global uncertainties. He highlights potential for Bata India under new leadership, Nykaa's AI-driven growth, and favors defence, asset management, and power sectors. The upcoming NSE IPO is also viewed as a significant positive for the capital market ecosystem. ...Less

Brokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious F ...More

Brokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, concerns arise for the Indian IT sector following Accenture's weaker-than-expected results and cautious guidance. Elara Capital maintains a positive stance on Devyani International and Sapphire Foods, deeming Yum! Brands' Pizza Hut divestment unlikely to significantly impact Indian franchisees. ...Less

We have collated a list of recommendations from top brokerage firms from ETNow and other sources. ...More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources. ...Less

Indian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are ...More

Indian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are already in place. This positive shift is expected to drive spending across various sectors. Experts see this as a broad-based improvement. Digital platforms are also highlighted as a key growth area for the coming decade. ...Less

The NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows acros ...More

The NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes in free-float weights. While the Nifty 50 sees limited adjustments, broader strategic indices are witnessing sharper reshuffling. ...Less

L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and mo ...More

L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5. ...Less

Nykaa Fashion is now a significant driver for acquiring customers for Nykaa's beauty business. Both segme ...More

Nykaa Fashion is now a significant driver for acquiring customers for Nykaa's beauty business. Both segments are experiencing robust growth. The company's consolidated profit surged by 286% in the quarter ended FY26. Despite economic concerns, Nykaa sees no slowdown and anticipates acceleration in the fashion market. ...Less

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical te ...More

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level. ...Less

Zee Entertainment has sued Nykaa for allegedly using its copyrighted songs in Instagram reels to promote ...More

Zee Entertainment has sued Nykaa for allegedly using its copyrighted songs in Instagram reels to promote its products, seeking $210,000 in damages, Reuters reported this month. ...Less

Nykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% ...More

Nykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% to Rs 78 crore, with revenue up 28% year-on-year. The company achieved its highest quarterly revenue and gross margin in 12 quarters. Analysts maintain positive ratings, citing growth momentum and AI initiatives. ...Less

Nykaa's parent company, FSN E-Commerce Ventures, witnessed a remarkable four-fold surge in its March quar ...More

Nykaa's parent company, FSN E-Commerce Ventures, witnessed a remarkable four-fold surge in its March quarter net profit, reaching Rs 79 crore. Full-year sales also crossed the Rs 10,000 crore mark for the first time, with operating revenue climbing 26% to Rs 10,022 crore. ...Less

"This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“th ...More

"This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“the Company”) will be leaving the Company, effective close of business hours on November 25, 2022, to pursue other opportunities in the digital economy & start-up space," Nykaa said in a BSE filing. ...Less

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary s ...More

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary stake sale. ...Less

Amazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for In ...More

Amazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETtech Top 5. ...Less

Brokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 1 ...More

Brokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 10 have strong buy ratings, two have buy, three have hold and two have sell calls, shows Trendlyne data. ...Less

FSN E-Commerce Ventures, Nykaa's parent company, has approved the reappointment of Adwaita Nayar and Anch ...More

FSN E-Commerce Ventures, Nykaa's parent company, has approved the reappointment of Adwaita Nayar and Anchit Nayar as whole-time directors for five-year terms starting July 1, 2026. The board also cleared new terms for independent directors Anita Ramachandran and Milind Sarwate. These reappointments are pending shareholder approval. ...Less

In a filing to the exchanges, the omnichannel retailer said the gross merchandise value (GMV) for the ver ...More

In a filing to the exchanges, the omnichannel retailer said the gross merchandise value (GMV) for the vertical is expected to be in the low thirties "indicating strong momentum in all of Nykaa’s beauty businesses – ecommerce platform, retail stores, owned brands and eB2B distribution”. ...Less

Co-founded by Suchita Salwan and Dhruv Mathur in 2015, LBB had a total revenue of Rs 19.44 crore in 2021- ...More

Co-founded by Suchita Salwan and Dhruv Mathur in 2015, LBB had a total revenue of Rs 19.44 crore in 2021-22. "The transaction will enable the company to strengthen its content delivery, drive discovery for brands and make shopping experience more engaging for the customers," Nykaa said in a regulatory filing. Nykaa will acquire 100 per cent stake in LBB in an all-cash deal. ...Less

American private equity firm TPG Capital is likely to have sold shares in two block trades at Rs 184.55 p ...More

American private equity firm TPG Capital is likely to have sold shares in two block trades at Rs 184.55 per share, according to reports. In the two deals, 1.9% of Nykaa equity is said to have changed hands. ...Less

Nykaa and Mamaearth parent companies saw share surges Friday. Both beauty firms reported strong profit ju ...More

Nykaa and Mamaearth parent companies saw share surges Friday. Both beauty firms reported strong profit jumps. International brokerages issued bullish calls. Nykaa's parent, FSN E-Commerce Ventures, posted a 286% profit increase. Mamaearth's parent, Honasa Consumer, reported a 177% profit jump. Analysts suggest patience for fresh investments in these stocks. ...Less

Astha Jain, Senior Research Analyst, Hem Securities, said the investors should not think of making any fr ...More

Astha Jain, Senior Research Analyst, Hem Securities, said the investors should not think of making any fresh investment in Nykaa at this point of time. ...Less

Nykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role ...More

Nykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role on November 25, adding that he would "pursue other opportunities in the digital economy and start-up space". ...Less

PMS fund manager Deepak Shenoy had earlier warned in a tweet that if Nykaa did the bonus to reduce pressu ...More

PMS fund manager Deepak Shenoy had earlier warned in a tweet that if Nykaa did the bonus to reduce pressure from shareholders selling, this is a very short-sighted move and will backfire big time when shares actually come by. ...Less

The consensus recommendation from 16 analysts with a coverage on Nykaa is a buy with only two of them rec ...More

The consensus recommendation from 16 analysts with a coverage on Nykaa is a buy with only two of them recommending a sell, shows Trendlyne data. The highest target price on the stock goes to Rs 2,750 while the average target of Rs 1,705 shows an upside potential of over 33%. ...Less

Falguni Nayar, who owns about half of Nykaa, is now worth about $6.5 billion as shares of the firm surged ...More

Falguni Nayar, who owns about half of Nykaa, is now worth about $6.5 billion as shares of the firm surged as much as 89% when they started trading Wednesday. ...Less

"The fact that Nykaa's stock prices are 1,600 times the company's earnings is concerning. The best thing ...More

"The fact that Nykaa's stock prices are 1,600 times the company's earnings is concerning. The best thing for a value investor would be to go on a long vacation right about now," said Nikhil Kamath, co-founder, True Beacon and Zerodha. ...Less

The broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly ...More

The broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly 2 per cent on Wednesday morning. The stock has already doubled from its issue price of Rs 1,125. ...Less

Indian beauty and fashion retailer, Nykaa, expects a 25% increase in net sales value (NSV) and a 20% year ...More

Indian beauty and fashion retailer, Nykaa, expects a 25% increase in net sales value (NSV) and a 20% year-on-year revenue growth in Q2, mirroring its performance in Q1. The company's flagship event, the 'Hot Pink Sale', contributed to this growth. Nykaa's beauty and personal care segment is the biggest revenue driver, with a 20% YoY NSV growth expected. ...Less

Nykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increasing i ...More

Nykaa is looking to expand its portfolio with the launch of exclusive brand partnerships and increasing its offline footprint to 90 stores by 2020. ...Less

Asthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also ...More

Asthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also on the company’s board. Nykaa said in its petition that such a high position in the company made him privy to confidential business data. Nykaa said it granted Asthana an exception to join a direct rival despite having a non-compete agreement with him. ...Less