The Banga family was one of the earliest investors in Nykaa, supporting the beauty and personal care platform back in 2014 when the company was valued at $20 million.
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Harindarpal Singh Banga and his family, early investors in Nykaa, are selling a 2.1% stake in the company for $140.3 million through a block deal. The Banga family, holding nearly 5% stake, will offload 60 million shares at a 5.5% disco ...more
Tensions with China are disrupting India's manufacturing sector as China delays machinery deliveries and pulls its citizens from Indian factories, including those at Apple's contract manufacturer, Foxconn. This is happening alongside ne ...more
The RBI has prohibited prepayment penalties on floating-rate personal and small business loans to simplify lending and facilitate lender switching. Effective January 1, 2026, this directive applies to loans sanctioned or renewed by vari ...more
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