IN WHAT it appears as another dot-com crash, share prices of new-age internet-run companies continue to fall at an alarming pace. On Monday, three big companies- Zomato, Nykaa and Paytm- were under tremendous selling pressure and tanked as much as 20%.
Investors have now lost around ₹1.20 lakh crore in these three companies since they got listed on the domestic bourses at rich valuations.
Continue reading your story on the app
Continue reading your story in the newspaper
Gun control debate rages after teen kills 21 in US school
Eighth mass shooting in 2022, says Everytown gun control group Guns of all kinds, including high-powered assault rifles, are cheaper and widely available in US
ED registers third money laundering case against Karti
According to ED officials, the case has been filed under the criminal sections of the Prevention of Money Laundering Act (PMLA) taking cognisance of the FIR registered by the CBI in the same case about a week ago.
Army aviation wing gets 1st woman combat pilot
SHATTERING yet another glass ceiling, the first woman officer joined the Army Aviation Corps as a Combat Aviator.
Lanka PM to helm finance ministry
The South Asian island nation has suffered months of dire shortages and anti-government protests, with importers unable to finance vital food, fuel and medicines.
LIFER TO MALIK FOR FUNDING TERROR IN J&K
It is among the gravest of offences, says NIA court, wants verdict to serve as deterrent to those drawn to violence
IMF PRAISES INDIA EVEN AS RANIL TAKES OATH AS FM
At Davos, IMF chief says India's aid to Lanka is commendable; Ranil Wickremesinghe in touch with global agencies
Anxiety grips Gujarat Congress over final 'yes' from Naresh Patel
ENERVATED by Hardik Patel's exit, the Gujarat Congress now appears waiting for a fortuitous 'yes' from Naresh Patel, a powerful Patidar satrap from Saurashtra.
A day after arson, uneasy silence hovers over Amalapuram town
Heavy police presence as town limps back to normalcy; bus services re-started by 10 am
Valley tense, security tight over Yasin verdict
Gupkar Alliance calls judgement 'unfortunate' & setback to peace
Texas teen guns down 19 children in school
IN one of the worst mass murders in a school in America, an 18-year-old in body armour gunned down 19 children and two teachers at an elementary school in Texas state on Wednesday.
The co-founder of a megabrand, the US-Iraqi beauty mogul tells HELLO! how she built her career one product and perfume at a time
D2C 2.0: Digital, phygital, and beyond
Five years ago, Fireside Ventures was set up with the vision of creating iconic digital first brands.
Nykaa makes investments in Earth Rhythm, Nudge Wellness, Kica Active
ACQUISITION OF THE Indian activewear brand – Kica, a partnership with direct to customer brand incubator, Onesto Labs, to create a new category of nutraceuticals and wellness products, and a partnership through a minority stake in Earth Rhythm, which is a science-focused beauty brand with an active focus on research-based and results-oriented products; were the three strategic announcements made by Nykaa Fashion on Friday.
MOST INFLUENTIAL WOMEN - THE ILLUSTRIOUS
The world today is much fairer than before. We believe we are inclusive and value equality. But the truth of the matter is that there’s still a long way to go
Women in India no longer shy from achieving their dreams, making bold choices and breaking barriers in every field. There is no glass ceiling; only the open sky for them. Meet a bunch of women who are leading by example
The KPI conundrum for tech start-ups
Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth
Beauty, personal care segments shrug off Omicron wave
Companies post strong growth in Q3; competition heats up as ABFRL, TCNS Clothing enter space
Nykaa's net profit declines 59% to ₹28 cr
CHANGING SCENARIO OF RETAIL & E-COMMERCE
Ever since the coronavirus pandemic, the retail and e-commerce sectors have witnessed tectonic shifts in terms of commerce and business. During the pandemic, the retail industry was inclined towards necessities and basics as the coronavirus ensured that such utilities never be out of fashion, but as vaccination picked speed and the festive season came closer, consumers dedicated their spending to revenge expenditure in travel, shopping, outings and more.
BharatPe co-founder goes on voluntary leave amid turmoil
Ashneer Grover, co-founder and MD, BharatPe, is going on a voluntary leave of absence till March-end. The BhartPe board has accepted his decision.