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18 November, 2024

Nykaa’s beauty business growth is a highlight, but margin is a sore spot

The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross merchandise value (GMV)

18 November, 2024

Bihar STET 2024 results declared, 2.9 lakh candidates qualify: Check pass percentages, official website to download scorecards

BSEB STET 2024 Results: The Bihar School Examination Board (BSEB) declared the results for the Bihar Secondary Teacher Eligibility Test (STET) 2024 today, November 18. Candidates who appeared for the examination can access their results on the official website at bsebstet.com.The announcement was made during a live press conference by BSEB Chairman Anand Kishore. While

18 November, 2024

Multibagger BSE SME stock hits 5% upper circuit despite weak Indian stock market mood

Multibagger BSE SME stock Hazoor Multi Projects hit the 5 per cent upper circuit limit on Monday, November 18 following its Q2 results for the financial year 2024-25 (FY25). The stock defied the weak market mood, and was locked at ₹53.25, its upper price band. The company on Thursday, November 14, posted a strong sequential

18 November, 2024

Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO

(Bloomberg) — Oman’s state energy company is seeking to raise as much as $490 million from the initial public offering of its methanol and liquefied petroleum gas unit, the latest in a flurry of deals from the region. OQ SAOC will offer a 49% stake in OQ Base Industries SAOG at 106 baisas ($0.28) to

18 November, 2024

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3 per cent. The

18 November, 2024

Top 5 small business credit cards with the best rewards programs in 2024

A business credit card is convenient for small businesses to finance their venture. This card is specifically designed for businesses, suiting its various needs and requirements. When compared to a personal credit card, a business credit card helps to separate your personal and business expenses. Moreover, some business credit cards offer added rewards too. Why

18 November, 2024

Lamosaic India IPO to open on November 21; issue price fixed at ₹200 apiece. Check GMP, other details

Lamosaic India IPO will open for subscription on Thursday, November 21, and close on Tuesday, November 26. Lamosaic India IPO price has been fixed at ₹200 per equity share of face value of ₹10 each. Bids can be made for a minimum of 600 equity shares and in multiples of 600 equity shares thereafter. Lamosaic

18 November, 2024

Falling markets are just what you needed. Here’s why

Investing in stocks is often described as simple but not easy. Yet, for much of the past twelve months, making money in the market seemed to be just that—simple and easy. It felt almost effortless. Any approach, from thoughtful strategies to pure intuition, seemed to yield handsome returns. The more you invested, the more you

18 November, 2024

Credit card consumer protection laws: 6 key RBI rules you should know

If you are a frequent user of credit cards or planning to get a credit card, you might face a situation where your consumer rights might be violated. Hence, it becomes important for you to know about various credit card rules to protect your rights. The Reserve Bank of India (RBI) has mandated many rules

18 November, 2024

5 best low-interest credit cards for people with poor credit score

A poor credit score may hinder your ability to obtain a credit card. Usually, a credit score lower than 600 is considered a poor credit score. A poor credit score mostly results from high credit use and missed payments. However, low-interest credit cards typically have interest rates lower than those of most cards, which helps