But what I want to point out is that we have a very large e-commerce business and even at this level of stores and which are extremely productive, I think we still end up having only 9% of our ...

Aditi Nayar, Chief Economist at ICRA, expects the Reserve Bank of India's (RBI) rate cut cycle to be shallow, with the Monetary Policy Committee (MPC) likely to reduce rates by another 25 basis points ...

So, I do believe that it should not have much of an impact,” Nykaa founder and CEO Falguni Nayar told analysts after announcing the company’s December quarter results on February 10.