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The rise of AI in financial services; analysts split on IT’s futureHappy Thursday! Financial services firms are increasingly adopting AI. This and more in today's ETtech Morning Dispatch.- Rising competition hits sales growth of global beauty majors in IndiaIn India, renowned beauty titans L'Oreal and Estee Lauder are facing an unexpected dip in sales growth. As the beauty landscape becomes inc...
- In the beauty game, quick commerce's serving all the looksQuick commerce is reshaping India’s beauty market, with skincare and makeup now bought on impulse and delivered in minutes rather than plan...
- Expect sideways, range-bound market in coming months: Dipan MehtaDipan Mehta of Elixir Equities anticipates a sideways market trend in the coming months. He emphasizes stock selection across sectors. Earn...
- 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 ...
- Beauty companies in dull phase find quick fix to glow upAmidst declining growth, beauty and personal care brands like Plum, Wow Skin Science, and Mamaearth-parent Honasa Consumer are pivoting to ...
- Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blipsNilesh Shah of Envision Capital explains that despite individual stocks experiencing significant declines, the overall stock market remains...
- Beauty secrets: Inside India's booming beauty industry that relies on hundreds of contract manufacturersNishit Dedhia, the MD and cofounder of Kain Cosmeceuticals, is leading a tour of his cosmetics manufacturing facility in Khopoli, Maharasht...
- Nykaa grants 4.73 lakh shares under Esop schemeFSN E-Commerce Ventures, operating Nykaa, allotted 4,73,138 equity shares under Esop scheme. Shares valued at Rs 8.08 crore. Managing direc...
- Nykaa makes Rs 7.17 crore Esop allotment ahead of Q4 resultsCompanies typically expand their Esop pool to attract and retain talent, align employee and shareholder interests, and enhance overall perf...
- Kotak Equities initiates coverage on Mamaearth, cites 3 key differentiatorsKIE attributed Honasa’s success to its strong marketing acumen, flair for spotting emerging trends and capitalising on them, and nimble exe...
- Agri-focussed fintech Ayekart secures $6.5 million in equity funding from Omnivore, othersAgritech financing startup Ayekart raised $6.5M in series A round led by Omnivore, Siana Capital, and Unleash Capital Partners. Ayekart aim...
- Republic Day week saw modest growth for D2C brands: GoKwikEcommerce enabler GoKwik reported a 12.72% increase in sales for direct-to-consumer (D2C) brands on its network during the Republic Day sal...
- Nykaa a compelling buy at sub Rs 1,000; don't see big fall in beauty business market share: Karan Taurani“Even Nykaa has moved very aggressively in terms of the Omni channel approach and one has to give it to them that first mover advantage wil...
- Nykaa shares tank another 7% amid Wall Street tech rout. Is the worst behind?"The concern that we see is that post IPO there was a huge run-up in the stock prices. The valuation is difficult to project or justify bas...
- Nykaa shares slip below IPO issue price. Should you buy the dip?As investors continued to dump Nykaa or FSN E-Commerce Ventures ahead of the mandatory lock-in expiry date for pre-IPO investors on Novembe...
- Nykaa hits fresh low but this brokerage sees 57% potential upside in stockWorth noting is that these sets of investors are sitting on huge profits. The sharp gains can be a reason for selling in order to diversify...
- Long-term bet! Nykaa can rally up to 69% till 2027: Elara CapitalNykaa, with several niche products and a huge addressable market in the fashion segment, will be able to drive the segment’s revenue going ...
- Why recent correction in Nykaa may just be a one-off caseInitiating a buy call on the stock, Edelweiss suggested a target of Rs 1,859 for the stock, suggesting a potential 20 per cent upside. The ...
- BPC announces further contract of 400,000 tonnes of MoP at $490/tonne CFRThe MoP (muriate of potash) supply deal, struck with Zuari Industries Ltd is to be shipped to Indian shores between September 2011 and Marc...
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