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India's largest beauty retailer FSN E-Commerce Ventures Ltd., which owns the Nykaa platform, is expanding overseas business operations in an attempt to take on global cosmetics giants outside of its home market....
Indian refiner Nayara Energy is set to receive the lowest-ever amount of crude this month, as oil imports and product exports buckle under the weight of EU sanctions....
India's vehicle retail sales experienced a 4.31% year-on-year decline in July, totaling 1.96 million units, attributed to weak consumer sentiment and a high base effect. While tractor sales surged by 11% due to favorable monsoon and farm subsidies, passenger vehicles and two-wheelers saw drops. Commercial vehicle sales remained nearly flat, influenced by heavy rainfall and deferred purchases....
Nestle India has set August 8 as the record date for its first-ever 1:1 bonus share issue, a move aimed at boosting investor participation and market liquidity. Shareholders will receive one bonus share for each share held. While Q1FY26 profit dipped, revenue saw a 6% increase....
Indian natural polished diamond exports face challenges as the US market, a major consumer, slows down and imposes tariffs. A 10% tariff in April 2025 reduced the US share of exports, potentially decreasing Indian diamond polishers' revenue by 20-25%. While the industry anticipates disruptions, diversified trade relationships offer some protection, suggesting the US might face greater long-term consequences....
Jane Street Group LLC is expected to argue that its controversial Indian options trades were a response to outsized demand from retail investors, people familiar with the matter said....
Nayara Energy, an Indian oil refiner backed by Russia, has appointed Sergey Denisov as its new CEO, succeeding Alessandro des Dorides, who resigned due to EU sanctions targeting the company's ties with Rosneft. Despite EU pressure, Nayara remains a key private-sector refiner and fuel retailer in India, with New Delhi distancing itself from the EU's actions....
Recent SEBI data reveals Indian retail investors suffered staggering losses of Rs 1.05 lakh crore in derivatives trading for FY25. This coincides with an investigation into Jane Street's alleged market manipulation, accused of generating Rs 36,500 crore in profits through these activities....