Beautiful Financial News

Selena Gomez, star of Only Murders in the Building, has officially joined the billionaire ranks, according to Bloomberg. At 32 years old, she now boasts a net worth of $1.3 billion, making her one of the youngest female self-made billionaires in the U.S. Gomez’s wealth was recorded for the first time by the Bloomberg Billionaires Index. Her billionaire status comes just months after her friend Taylor Swift hit the milestone in April 2024. Swift, 34, was ranked No. 2,545 on Forbes' World's Billionaires List with a net worth of $1.1 billion. Notably, Swift became the first musician to achieve billionaire status solely from songwriting and performing. Gomez’s fortune, however, is more diversified. Bloomberg’s wealth analysis factored in the value of Gomez’s stake in Rare Beauty, her music earnings, real estate holdings, and revenue from streaming deals and brand endorsements.

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exports by MSMEs, said Bhupen Wakankar, Director Global Trade, Amazon India, on Wednesday at the launch of Exports Digest 2024 — the company’s annual coffee table book on e-commerce exports which provides insights into the scale of e-commerce exports from India through the Amazon Global Selling programme. Wakankar said MSME-penetration by Amazon is still less than 5% and largely untapped, which in itself shows the scope of export business from India. He also said that Amazon is on track to enable thousands of Indian businesses to surpass $13 billion in cumulative e-commerce exports from India by 2024-end. Amazon’s latest report showed that 1.50 lakh exporters have been part of the programme, cumulatively selling over 40 crore made-in-India products globally. Amazon said the programme has seen a growth of over 20% in the past year and Amazon Global Selling has over 200 sellers across India.

The Arc reported last week. To be sure, most quick commerce platforms already offer a limited number of items such as earphones, toasters and induction cooktops. The companies are expected to expand stocks and add new categories for the festive season.

Beauty and fashion product retailer Nykaa has sued its former chief business officer Gopal Asthana, who now heads Tata Digital’s fashion business Tata Cliq, accusing him of breaching confidentiality, misappropriation of proprietary data and seeking to harm its business. It alleged that Asthana approached several Nykaa staffers who reported to him previously to join Tata Cliq and that some of them have made the switch over the past year. In its petition in the Bombay High Court, Nykaa said it had paid Asthana a substantial remuneration, including long-term incentives and in stock options. It sought a refund of around Rs 19 crore of employee stock option benefits availed of by him along with another Rs 5 crore citing loss of goodwill and other business metrics. The company also pleaded the court to restrain him from using any Nykaa business data for his work at Tata Cliq. The high court passed an interim order on Wednesday, directing Asthana to not engage in hiring executives for Tata Cliq from Nykaa.

Searchlight Pictures has released the first trailer for "Nightbitch," a horror film starring Amy Adams. The film, based on Rachel Yoder's novel, will be in theaters on December 6.

Rahul Dravid appeared relaxed and engaging during his on-stage interaction at the CEAT awards ceremony. Reflecting on his cricketing journey and taking questions from the audience, Dravid entertained guests with his witty remarks and asked for career advice via email. «The beauty of functions like this and the beauty of awards like this is that when they put up these videos, they show just the lovely things that you have done on the cricket field,» said Dravid, emphasizing the thrill and challenges of the game. «The honest fact, and that is the truth, is that you are failing a lot more than you are succeeding in this game. But that's what makes it so much more fun, so much more enjoyable.»

Cultural Encyclopedia of the Dard Tribe: Journey through Gurez and Ladakh (2024). “The inhabitants of Dawar are transforming their ancestral, cultivable land into hotels, cafés and restaurants without taking sustainability into consideration." A little further from the villages, is the 330 MW Kishanganga Hydroelectric Project, which was started in 2018. Ironically, electricity supply to the valley is patchy and unreliable.

Chicago Sky celebrate Barbie night with pink towels were draped across the back of the seats at the arena and songs from the “Barbie” movie played during breaks

Young girls are buying up anti-aging products they see promoted on social media, with harmful effects for their skin — and their mental health

Rahul Gandhi on Thursday shared a video on martial arts sessions held at campsites of his east to west Bharat Jodo Nyay Yatra earlier this year and said a "Bharat Dojo Yatra" is coming soon. Dojo broadly refers to a training hall or school for martial arts. «During the Bharat Jodo Nyay Yatra, as we journeyed across thousands of kilometers, we had a daily routine of practicing jiu-jitsu every evening at our campsite. What began as a simple way to stay fit quickly evolved into a community activity, bringing together fellow yatris and young martial arts students from the towns where we stayed,» Gandhi said on X along with the video of the sessions. «Our goal was to introduce these young minds to the beauty of the 'Gentle Art' a harmonious blend of meditation, Jiu-Jitsu, Aikido, and non-violent conflict resolution techniques,» the leader of opposition in the Lok Sabha said.

JM Financial has reiterated its 'Buy' rating on Nykaa and revised its target price to Rs 250, suggesting an upside potential of 15% from the previous day's closing price of Rs 217. The revision is driven by Nykaa’s robust performance in FY24 and its strategic positioning in key market segments. JM Financial states, “Nykaa’s strong performance in its FY24 Annual Report and its strategic positioning across key market segments provide a solid foundation for future growth.” The brokerage’s optimism is based on Nykaa's robust market share and its potential to benefit from rising consumer spending in the beauty and fashion segments.

«Clean beauty,» the idea of promoting healthy and environmentally friendly beauty products, is all the rage online and in big-box stores

The activist who took over a referendum campaign for Khalistan independence from slain Sikh temple leader Hardeep Singh Nijjar said police have warned him his life is in danger.

Mint. The startup sought a valuation of more than $300 million compared with about $76 million in the previous round, the people said. “Minimalist also approached L Catterton, but the US-based private equity firm did not proceed with the discussions," one person said.

Omar Abdullah Sunday said he was thankful to Union Home Minister Amit Shah for noticing his party's election manifesto. People who were not ready to read it, have now been compelled to go through it now, Abdullah added. «I am thankful to the home minister from the core of my heart for talking about our manifesto. For a small party, contesting an election in a far-flung area of the country, it is a huge thing that the country's home minister has seen our manifesto,'' Abdullah told reporters here after a party function. Shah on Friday slammed the Congress for its alliance with the NC for the Jammu and Kashmir Assembly polls, accusing the party of repeatedly risking the country's unity and security in its „greed for power“.

₹12,500 crore every month on foreign travel in FY 2023-24. Naidoo also highlights the popularity of weekend getaways and staycations, which fuels the demand. Contemporary retail experiences, including the open-plan layouts of stores and women sales personnel in the lingerie and swimwear sections, also make a difference.

Meera Mukherjee: Breaking Moulds, there is a lovely anecdote about how the late sculptor’s tryst with art started. “It all began at the chaukhat of their home in Calcutta. Meera sat with her Maa to decorate the doorway with alponas while the rest of the house was bustling with the celebrations of Laxmi Pujo," writes author Vaishali Shroff in this book from Art1st Book’s Art Exploration series meant for kids aged eight-plus, illustrated beautifully by Shivam Choudhary.

Samantha Ruth Prabhu, known for her impeccable fashion sense, recently made waves at the highly-anticipated launch of Anamika Khanna’s collaboration with H&M. As one of the standout guests, Samantha’s outfit showcased a perfect fusion of tradition and modernity, solidifying her status as a fashion icon. The actress chose a daring ensemble that highlighted her ability to effortlessly blend edgy and elegant elements. Her outfit consisted of a striking crop top adorned with an abstract print and bold shoulder pads, part of the unreleased Anamika Khanna x H&M collection. Priced at Rs 3,599, the top was a testament to her fearless fashion choices, showcasing her toned physique in a contemporary yet chic manner. Complementing the crop top was a lavishly draped silk skirt, intricately embellished and valued at Rs 18,999. The skirt’s craftsmanship reflected Anamika Khanna’s signature style, merging traditional aesthetics with modern flair. Samantha accessorized her look with a stack of gold-toned bracelets, likely from the same collection, adding a touch of opulence without overshadowing the outfit. A pair of Giuseppe Zanotti gold heels completed the look, elevating her style quotient further.

FSN E-Commerce Ventures, the parent company of the beauty brand Nykaa, have recently seen a sharp rally as the stock surged 20% in one month, of which 11% surge took place in just the last week. Investor enthusiasm was also fueled after the company reported a Rs 13.64 crore profit in the first quarter ended June 2024, displaying a 152% YoY jump. The revenue from operations for the reporting quarter stood at Rs 1,746.11 crore, which was also up by 23% from Rs 1,421.82 crore reported in the corresponding quarter of the previous financial year.