What's the secret behind Katrina Kaif and Nykaa's successful Kay Beauty partnership? Turns out, it's not a complicated contract!
In CNBC-TV18's Diwali Special of Young Turks Reloaded, Katrina Kaif and Adwaita Nayar get candid with @ShereenBhan about building a celebrity-backed beauty business that goes beyond star power.
Adwaita reveals that neither side really knows what's in the contract - ‘I think neither she nor we know what's in the contract.’
And when disagreements arise? ‘We convince each other till one person sort of prevails.’
But beyond the laughs lies a serious business lesson. Adwaita believes ‘the celebrity name gets you only so far’ and that repeat purchases ultimately depend on the product.
Katrina, meanwhile, wants Kay Beauty to build an identity much bigger than herself, rooted in consumer trust and community.
#IndiaBusinessHour
* Bulls maintain the momentum; rupee near a 7-month high
* FPIs extend buying spree; Nov net buying: $7.3 billion
* #Oil rises from 2-month lows; Indian seafarer hurt at Hormuz
* #Anthropic IPO roadshow begins; OpenAI losses widen to $11 bn
* #Nvidia attempts to rebound after CEO 'honeytrap' scandal
* Noel retires from 6 Tata Co boards ahead of 70th b-day
* Blackstone's ₹5k cr IIFL bet; Bajaj Fin eyes ₹11,700 cr QIP
* Air India: ₹10,800 cr loss estimate in the first 6 months of FY27
* #Delhi air quality data gaps; pollution watchdog's admission
* Kulgam CRPF booth attacked
* #Hegseth impeachment bid fails
* U.S. FDA orders 'vision loss' warnings for GLP-1 drugs
* Belonging: A Journey of Love; Sonia Gandhi's memoir releases
Watch: https://t.co/tXarPpeSjf
Singapore Airlines’ 25% stake in Air India continues to drag its profitability. Even though losses are down as compared to last year, SIA absorbed Air India's losses worth S$361 million in H1 FY27.
This suggests Air India’s H1 losses are to be around ₹10,800 crore.
@madeehamedia reports
Central Pollution Control Board admits air quality data in Delhi during Diwali did not reflect the real extent of pollution says internal deliberations are underway to process data beyond the current range.
@AshmitTejKumar reports
Tata Power Appoints Sanjay Banga to As CEO & MD Of The Co w.e.f May 1, 2027 For 5 Years. Praveer Sinha hits 65, has served as Ceo for almost 9 years now. Banga also appointed Addl Director & CEO Designate w.e.f. November 11, 2026 @CNBCTV18News@CNBCTV18Live #TataPower #CNBCTV18Market
💘 FPIs ghosted India's blue-chips for two years. Now, they're back — bringing $5.3 billion with them since October 7.
📈 Is this a lasting romance or just another market fling?
✍️ @iyer_sriram decodes the FPI comeback.
https://t.co/6BzxlP4x45
#FPIs#IndianMarkets #StockMarket #ForeignInvestors #CNBCTV18
⚠️ A proposed rule change could exempt heavier, more powerful e-scooters from registration, licences and insurance. Is this a road-safety risk?
✍️ Abhay Damle argues why the exemption needs a rethink.
https://t.co/8nLSHIQimo
#ElectricVehicles#RoadSafety#EScooters #MotorVehicleRules
The US FDA has ordered all makers of GLP-1 weight loss drugs, including Ozempic, Wegovy, Mounjaro, Zepbound and Eli Lilly’s latest drug Foundayo, to add a warning about NAION, a rare eye condition that can cause sudden, painless and sometimes permanent vision loss in one eye.
The FDA calls it a potential increased risk.
@ekta_batra explains.
#GLP1 #Ozempic #Wegovy #Mounjaro #Zepbound #FDA #NAION #WeightLossDrugs #EliLilly #NovoNordisk #Health #CNBCTV18Digital
✈️ Air India’s H1 FY27 losses are estimated at ₹10,800 crore, with Singapore Airlines absorbing a S$361.7 million share.
The losses have cut the value of its Air India investment by 29.5%.
✍️ @TheAsmitaPant reports on the financial hit.
https://t.co/cfKOUhsJXh
#AirIndia #SingaporeAirlines #Aviation #Earnings #CNBCTV18
#Ramayana | Box Office Roars, But Prime Focus Shares Slide Primarily On Profit Booking
Triggers Ahead
1. Q2 results on Nov 13
2. Ramayana's box office collection in week 2
3. I-T searches in Oct linked to foreign remittances
@R_Dhanrajani#PrimeFocus#Ramayana#BoxOffice #IndianCinema #EntertainmentStocks #StockMarket #CNBCTV18Market
Finance Ministry issues a notification making EVs the ‘default & preferred choice’ for procurement of government staff cars.
Department of Expenditure has doubled the NDP ceiling for the procurement of EVs electric by central government ministries and departments to ₹20 lakh, against ₹10 lakh for ICE vehicles, including petrol, diesel and hybrid cars @Djay_Khatri reports @CNBCTV18Live@CNBCTV18News
#CNBCTV18Exclusive | IIFL Finance Rs 6,414 Cr Fundraise Almost Doubles Capital Adequacy
Nirmal Jain, Founder & MD, IIFL Finance To @CNBCTV18News
- Funds to sustain growth for next 3-4 years
- A name like Blackstone gives governance comfort
- Fairfax’s stake to dip to 10.9% post infusion
- Strong case for a rating upgrade
@Nigel__DSouza@Reematendulkar@blitzkreigm
#IIFLFinance #Blackstone #FundRaise #FundInfusion #NBFC #CapitalRaise #CNBCTV18Exclusive #CNBCTV18Market
#CNBCTV18Exclusive: Nirmal Jain, Founder & MD, speaks to @CNBCTV18Live on the Blackstone investment and ~`6200cr fund raise
📌 Why raise: Gold loans have grown strongly industry-wide. Capital is enough to sustain growth for the next 3-4 years.
📌 Use of proceeds: ~70% for new disbursements, ~30% for loan repayment. Tier-1 Capital at ~12% (Sept ‘26) “almost doubles.”
📌 Growth: Targets ~25% annual loan book growth. No new products for now. ~90% of the book is backed by gold or mortgages.
📌 Rating upgrade: “Only missing piece was capital adequacy.” Will approach rating agencies once the deal closes, in about 2 months.
📌 Cost of funds: 25-50 bps lower in FY28, and ~100 bps over time.
📌 Market share: ~3% of the Rs 22 lakh cr gold loan market. ~10-11% among NBFCs.
📌 Fairfax: Its stake falls to ~10.9% after the deal. A passive investor that is set to own a bank, so “IIFL Finance will not be their strategic holding for a long term.”
📌 FY29 PAT of Rs 5,000 cr? “That should be the target and should be achievable.”
📌 Housing finance demerger? The board hasn’t evaluated it yet. It will come up after the deal closes.
#IIFLFinance #Blackstone #NirmalJain #CNBCTV18Market #StocksInFocus @nimeshscnbc@ShereenBhan@Nigel__DSouza@blitzkreigm
🚨BREAKING: House votes on whether to advance an effort to impeach Pete Hegseth.
LIVE: https://t.co/1nij1ZJua6
Pete Hegseth Impeachment Showdown!
The White House officially opposed an effort to impeach Defense Secretary Pete Hegseth, urging lawmakers on Tuesday to effectively kill the measure by referring it to a committee for further investigation.
#PeteHegseth #ThomasMassie #USCongress #BreakingNews