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Business

Nike Plans Job Cuts and New India Campus Amid Sales Decline

Nike announced plans to cut an unspecified number of jobs and open a new campus in India as part of its turnaround strategy following a weak quarter. The company reported a 2% drop in quarterly profits to $712 million and a 4% revenue decline to $11.2 billion for the quarter ending August 31, 2024. Sales fell in all regions except North America, with Greater China revenues dropping 22%. CEO Elliot Hill emphasized long-term growth and highlighted ties with basketball star Caitlin Clark.

NDTV World·

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Business

MARS Cosmetics Director on Changing Makeup Trends in India

Rishabh Sethia, Director of MARS Cosmetics, explains that Indian beauty consumers are increasingly curious, experimental, and conscious about their spending. Makeup now emphasizes personal choice over strict trends, with younger consumers seeking affordable products that do not compromise on quality or experience. Shoppers value meaningful options, considering reviews, ingredients, and suitability before purchase, reflecting a shift in how beauty brands must engage their audience.

HT Health·

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Entertainment

Govinda and Komal Rani Share First Look of Film 'Rupa'

Govinda and Komal Rani Swarnkar released the poster of their film 'Rupa'. Komal shared glimpses of the film on Instagram, showing the two in a romantic pose. Govinda wrote and directed the film, starring himself and Komal in lead roles. Komal also posted a photo captioned 'Love my life', which went viral on social media.

Amar Entertainment·

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Politics

Gem Granites Founder Veeramani Detained Under Goondas Act

Gem Granites founder R Veeramani (84) and associates M Shanthi (60) and Mahendra Simhan (63) were detained under the Goondas Act on October 1 for alleged sexual abuse of minor girls. Arrested on August 29, they were remanded to Puzhal Central Prison. The case surfaced after a complaint and video evidence were submitted to Chennai police in October 2025. Employee Ganesan (42) was also arrested.

The News Minute··Chennai

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Politics

India to Review Advisory for Airlines After Flydubai Cockpit Stabbing

The Indian government will hold international discussions to decide if an advisory should be issued to Indian airlines following a flydubai incident where an Indian pilot was stabbed by his co-pilot onboard. Civil aviation secretary Samir Kumar Sinha said the matter is under examination and security issues will be discussed before any decision is made. Further details will be shared after internal deliberations.

Hindustan Times·

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Entertainment

Nushrratt Bharuccha Suffers Spine Fracture, To Be Airlifted To Mumbai

Actor Nushrratt Bharuccha suffered a spine fracture in an accident while in Bali for a work and holiday trip. She is hospitalized and under medical observation there. Plans are underway to airlift her to Mumbai for spine surgery. Her recovery will require rest, affecting upcoming work commitments. Her team has requested privacy during this period.

HT Entertainment··Mumbai

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