Nykaa plans to expand to 350 stores while emphasizing its e-commerce business, which currently drives 91% of omnichannel turnover. Despite a minor dip in profits, there has been a significant improvement in EBITDA. Nykaa continues its international expansion in GCC and aims to enhance its fashion and beauty segments.
Elon Musk’s case against OpenAI, Sam Altman set to go for trial
A US judge has dismissed Elon Musk’s fraud claims in his lawsuit against OpenAI and Sam Altman. The case will now proceed to trial on