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FSN E-Commerce Ventures Ltd, the parent company of Nykaa. This vertical put up a strong show on the margin front in the September quarter (Q2FY24), thanks to premiumization, lower product returns and declining marketing expenses. As such, the fashion segment clocked a multi-quarter high contribution profit margin (as a percentage of net sales value) of 4.7%.

While the smaller towns and cities are seeing thriving demand for manpower with many companies ramping up their presence to meet rising consumer demand, job creation remains muted in the metros as companies tread cautiously amid macroeconomic and geopolitical headwinds, according to staffing companies such as Teamlease Services, Xpheno and Foundit.

A chill has settled over Canada’s housing market and the big fear of any downturn is that heavily indebted homeowners will be forced to sell, fuelling a downward spiral.

The U.S. economy may be growing much faster than pessimists had predicted, but business is still brisk for bankruptcy lawyers. “Things have really accelerated,” says Thomas Lauria, global head of restructuring at White & Case. His team is on track for record-breaking revenues this year.

Bombay High Court issued permission to burst firecrackers on Diwali only for three hours, between 7 pm and 10 pm, to combat worsening air pollution in Mumbai. The financial capital's air quality has deteriorated in recent months, with AQI consistently remaining in the moderate to poor category (150-200). A central team is expected to visit the city soon to evaluate the dire situation and what steps the state government has taken to tackle the challenge that leaves a deep imprint on the environment, the health of citizens and the economy. However, banning crackers — as Delhi has done for several years — or restricting their use — as the court suggested in Mumbai — while very welcome, won't be enough.

The OTT platform will drop first three of the eight episodes of December 15. Subsequently, fresh episodes will then be released every Friday through January 19. The Season 2 is based on the 11th book in Lee Child’s Jack Reacher novel series titled “Bad Luck and Trouble”. “‘Reacher’ Season Two begins when veteran military police investigator Jack Reacher (Alan Ritchson) receives a coded message that the members of his former U.S.

By Yuvraj Malik

«Nifty remained volatile within a narrow range as traders remained uncertain ahead of the Fed Chair's scheduled speech tomorrow (Wednesday). On the daily chart, Nifty encountered resistance at the 21EMA and closed just below it.

Grey's Anatomy are in for an exciting update regarding the highly anticipated Season 20. With a rich history spanning almost two decades, the series continues to capture hearts, even with its original cast dwindling. This article delves into the recent revelations about Season 20's potential release date and the show's enduring popularity.

childhood trauma, like abuse or neglect, were more likely to be hospitalised or die from COVID-19 in adulthood, a new study has found. Analysing data of more than 1,51,200 (1.5 lakhs) adults of middle age or older in the UK, researchers at the University of Pittsburgh, US, found that higher self-reported childhood adversity was linked to 12-25 per cent higher odds of COVID-19 hospitalisation and mortality. The study is published in the Journal of Epidemiology and Community Health.

net income, driven by higher unrealized hedging losses that offset increased electricity output to help meet record demand during the hot summer. Vistra said in an earnings release that net income stood at $502 million in the three months ended Sept.

The big ones to watch out for will be United Spirits, Lupin, Oil India, Mazagon Dock Shipbuilders, Bharat Heavy Electricals, Pidilite Industries, Tata Power Co, and Patanjali Foods. The other names include Phoenix Mills, Nazara Technologies, Endurance Technologies, New India Assurance, Godrej Industries, Bata India, MCX, Raymond, Welspun Corp, Easy Trip Planners, Medplus Health, Restaurants Brands Asia, and Landmark Cars. Earnings Expectations BHEL The company is expected to have remained in the red during the September quarter, but the losses are likely to narrow sequentially. On a year-on-year basis, estimates show that the electrical equipment maker will post a loss against a profit in the same period last year. Nuvama Institutional Equities has estimated a net loss of Rs 258 crore, compared to a loss of Rs 352 crore in the June quarter, and a profit of Rs 10 crore in the same period last year.

HEL1OS, attached to Aditya-L1 spacecraft by ISRO for its maiden solar mission, captured the first high-energy X-ray glimpse of solar flares. In its update, ISRO on Tuesday noted that the spectrometer on board Aditya-L1 has recorded the impulsive phase of solar flares, during its first observation period from approximately October 29, 2023. A solar flare is a sudden brightening of the solar atmosphere.

Voltas Home Appliance Business’ which appeared on Bloomberg, which was also picked up by few other publications/channels, without ascertaining the facts from the Company’s officials before publishing the same. 'In this connection, we wish to categorically state that the aforesaid news is totally incorrect and blatantly false, with no factual basis whatsoever. The Management therefore denies any such development," the company said in a regulatory filing.

₹490 crore from the capital markets, which is a complete offer for sale (OFS). Also Read: Protean eGov Technologies IPO: Issue fully booked on Day 1; retail, NII portions oversubscribed On the second day (November 07), the robust demand from the retail segment continued, with the subscription rate reaching 3.91 times. The non-institutional investors (NIIs) also showed strong interest, as the subscription in the segment reached 6.25 times.

Royal Enfield is taking a slew of measures including accessing ways to enhance connection with the communities as it sees huge potential for growth in the market, according to a top company executive. The Chennai-headquartered firm, a part of Eicher Motors, currently sells bikes all across the continent and has a market share of around 8.5 per cent in the middle-weight motorcycle segment.

Noida Police sent a notice Tuesday to Youtuber Elvish Yadav asking him to join the investigation into suspected use of snake venom for rave parties, PTI reported. Meanwhile, Uttar Pradesh minister Arun Saxena said no celebrity is bigger than the law, which will take its own course. The police have also applied for remand of the five people who were arrested over the case and sent to judicial custody, PTI quoted an official as saying. Yadav, winner of reality show Bigg Boss OTT, is among those named in an FIR by the Noida Police over suspected use of snake venom for rave parties. Asked about the case, Saxena, the Minister of State (Independent Charge) for Forest and Environment, said, «The law will take its course.

Warren Buffett, often regarded as the greatest investor of all time, has not only endured the test of time but also consistently outperformed the markets throughout his remarkable career.

Ipsita Dasgupta, senior vice president and managing director of HP India, has purchased a luxury apartment in Mumbai’s Worli locality for more than Rs 22.50 crore. Dasgupta was roped in by HP India from Apple in October and will be responsible for leading all aspects of the company’s strategy and profit and loss (P&L) in India, Bangladesh, and Sri Lanka. She has bought the apartment on 4th floor of super-premium project Raheja Artesia from the developer K Raheja Corp Homes. The deal was executed by Genext Hardware & Parks, one of the subsidiaries of the real estate developer. The deal, executed on October 26, has attracted more than Rs 22.56 lakh in fees, showed documents accessed through Zapkey.com.

E-commerce major Amazon India on Tuesday said its 2023 festive sale is the best in its 13 years of operations in the country fuelled by a strong demand, a company official said. Online sales by the e-commerce industry during this festive season are expected to witness 18-20 per cent growth to reach Rs 90,000 crore, according to market research firm Redseer Strategy Consultants.

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