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Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- Quick commerce becomes FMCG's biggest online sales channel in IndiaLatest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted ...
- QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impactRising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John FurnerWalmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformativ...
- Nykaa shares rally 4%, hit 52-week high after Q4. Here's what Goldman Sachs, Morgan Stanley are sayingNykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% to Rs 78 crore, with revenue up 2...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...
- Quick commerce turns the corner; Karan Taurani picks Eternal, Trent, and Nykaa as top consumption betsIndia's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick commerce players like Blinkit are lea...
- Nykaa reports 2.5x rise in Q3 net profit to Rs 68 crore, revenue jumps 27%Nykaa's parent company FSN E-Commerce Ventures saw its net profit surge 2.5 times to Rs 67.7 crore in the December quarter. This growth was...
- Nykaa reports 79% rise in Q1 net profitNykaa's parent company, FSN E-Commerce, witnessed a substantial 79% surge in net profit, reaching Rs 24.47 crore in the fiscal first quarte...
- Nykaa Now expands to seven cities as quick commerce apps focus on BPCNykaa Now delivered over 1.3 million orders as of the June quarter end. Nykaa recorded an annualised gross merchandise value of $2 billion ...
- Early Nykaa investor to offload $150-million stake via block dealHarindarpal Singh Banga, founder of The Caravel Group, plans to sell a 2–2.5% stake in Nykaa. The deal is estimated at $150 million. Banga ...
- If quick commerce was hurting beauty, we wouldn’t be growing at 30% year-on-year: Nykaa’s Adwaita NayarAs Blinkit, Zepto, and Instamart expand aggressively into beauty and personal care, Nykaa is taking a slower, more curated approach. Its pi...
- Quick commerce is not creating new demand: Nykaa Beauty CEO Anchit NayarAnchit Nayar said quick commerce is mostly taking demand from horizontal platforms and kirana stores. Nykaa’s strategy is to create demand ...
- Nykaa acquires majority stake in personal care brand Earth RhythmThis follows the beauty and fashion retailer buying an 18.51% stake in Earth Rhythm Pvt Ltd (ERPL) in 2022. With this, ERPL has become a su...
- Quick commerce is taking demand from neighbourhood stores: Nykaa's Falguni NayarBeauty is one of the fastest growing segments on quick commerce, but Nayar said her focus remains on enhancing speed across the country thr...
- Nykaa's q-comm entry; TN’s probe into Tata plant fireHappy Wednesday! Quick commerce is spreading across categories as Nykaa and Licious launch rapid delivery pilots. This and more in today’s ...
- Nykaa, Licious amp up quick commerce game as consumers demand instant gratificationDelivering instant gratification seems to be the need of the hour as beauty retailer Nykaa, direct-to-consumer (D2C) player Licious, and My...
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