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The premium segment of India’s beauty and personal care (BPC) category will see overall market size expanding to about 55% in 2026 from the current 45% as disposable incomes rise, according to an estimate by omnichannel beauty and fashion retailer Nykaa.
Life Insurance Corporation of India (LIC), Kotak Mahindra Bank, Indian Oil Corporation, Hero MotoCorp, Hindustan Aeronautics were the most sold
Domestic fund managers increased stake in Indus Towers to 3.86 crore shares in May from 1.31 crore shares in April. They held Rs 6,593 crore worth Indus Towers shares at May end.
The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.
Money20/20 announced that Estonia-based Zero Labs, a renewable energy-focused SaaS, has won Europe’s Got Access, a pitch battle for climate fintech startups.