NIVEA has announced the appointment of Geetika Mehta as the new managing director. As per the company, Mehta brings a wealth of experience and expertise to steer the brand. Mehta, with a distinguished career in the FMCG sector, has a track record of developing small businesses as well as managing large-scale corporations across markets including […]
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FPIs sell-off continues; take out Rs 8,000 crore from equities in OctoberFPIs sell-off continues; take out Rs 8,000 crore from equities in October
Foreign Portfolio investors (FPIs) have dumped Indian equities worth Rs 8,000 crore in the first week of October on the back of dollar appreciation and the steady rise in the US bond yields. This came after FPIs turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, FPIs were incessantly buying […]