Shares of FSN E-Commerce Ventures (Nykaa) were down 1 per cent to hit a new low of Rs 1,206.90 on Friday, in an otherwise firm market.

The stock hit lowest level since its listing in November last year and was down the fourth straight day at Rs 1,206.90, falling 6 per cent, during the period. In comparison, the S&P BSE Sensex was up 1.8 per cent at 58,245 points at 01:36 PM.

Pernod Ricard's India head, Thibault Cuny, has stepped down from his role due to health reasons, the French spirits giant said on Friday, marking a high-profile exit at a time the company is fighting regulatory and legal battles in the country.

Cuny, who has been dealing with health concerns for some years, will take a break from his professional duties on medical advice, but will stay on with Pernod, the company said in its statement to Reuters.

Shares of Anand Rathi Wealth hit a 52-week high of Rs 732.45 as the stock soared 8 per cent on the BSE in Friday’s intra-day trade after the company reported a strong 41 per cent year-on-year (YoY) growth in consolidated net profit at Rs 43 crore, on back of healthy revenue growth. Total revenue increased 33 per cent YoY at Rs 138 crore during the quarter.

The stock of non-bank wealth solutions firm surpassed its previous high of Rs 712, which it touched on April 19, 2022. The company made its stock market debut on December 14, 2021.

In September, India's monthly exports of mobile phones crossed the $1 billion threshold (more than Rs 8,200 crore), for the first time ever, reported The Economic Times. Mobile phone exports received a boost from the government's production-linked incentive (PLI) scheme, which encouraged major corporations like Apple and Samsung to improve domestic manufacturing for both, domestic and international, markets.

Data, only available to ET, shows that from April to September, mobile phone shipments more than doubled to $4.2 billion from $1.7 billion during the same time period in 2021.

The UK government is unlikely to provide a 1.5 billion pound subsidy package to Tata Sons for the anticipated switch to green energy, the Economic Times reported. As a result, Tata Sons is considering exiting Tata Steel's UK operations.

According to Tata Sons, in order to keep the factory running, it will be necessary to replace the carbon-intensive blast furnaces with electric arc furnaces over the next few years.

Congress' Bharat Jodo Yatra led by Rahul Gandhi will enter Andhra Pradesh on Friday.

Flanked by former Karnataka chief minister Siddaramaiah and top leaders of the party, Gandhi resumed the march from Rampura here in the morning after a night halt.

The former Congress president will have a brief stay at Obalapuram in Anantapur district of Andhra Pradesh, party workers said.

The two-judge bench of the Supreme Court delivered its judgement in hijab ban case. While, Justice Hemant Gupta's verdict upheld the hijab ban verdict of Karnataka High Court, Justice Dhulia noted that hijab is a matter of choice. Since the verdict is slpit, the Chief Justice will assign the case to a larger bench in due course of time.

Justice Gupta said, "Whether college management can take a call on uniform of students and if wearing of hijab and restricting it is violative of Article 25.

Hyundai Motor Group said it will invest 18 trillion won ($13 billion) to apply an advanced software programme to all of its vehicles and offer its customers regular software updating services.

The South Korean carmaker has decided to make the massive software investment to launch most of its new vehicles as "software defined vehicle (SDV)" in global markets from 2025, Hyundai said in a statement.

Hindustan Unilever (HUL), one of the country’s largest fast-moving consumer goods (FMCG) players, is learnt to have cut prices of its leading soaps and detergents this month by 2-19 per cent, according to the company’s distributors.

The cuts come after consistent price increases by the company as well as its peers, following the sharp rise in raw material prices in the past several months.

All India Majalis-E-Ittehadul Muslimeen (AIMIM) leader Imtiaz Jaleel said while the division in the Shiv Sena was "unfortunate", the positive thing for the Muslim community is that it will no longer be used as a "punching bag" by that party as well as the Bharatiya Janata Party (BJP).

In the tug-of-war between the two Sena factions led by Uddhav Thackeray and Chief Minister Eknath Shinde would need Muslim votes, he said.

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