D2C ACQUISITIONS
Delhi AQI Today: Air quality slips back into ‘severe’ category, over 30 stations record AQI above 400; IIT Delhi tops at 488, Chandni Chowk at 479; check IMD forecast and more
Delhi's air quality has worsened significantly, with several monitoring stations recording an AQI above 400. IIT Delhi reported the highest level of pollution, reaching an AQI of 488. Foggy conditions are expected in the mornings, accompanied by varying temperatures throughout the week. While daytime skies will be partly cloudy, they are expected to become clear later. No weather warnings have been issued during this period of severe pollution.
Who is Indian-origin Aarti Shah, who decided Jensen Huang’s fate along with other Nvidia board members?
Jensen Huang has stepped down as the CEO of Nvidia after a long tenure of 33 years. Colette Kress, the chief financial officer, will be acting as the interim CEO during this transition. The board of directors is now involved in the search for Huang's permanent successor. Here's a look at Indian-origin board member Aarti Shah and the other directors involved in the company's leadership transition.
Ola Electric says demand outstrips supply, targets 25,000 vehicles in December
Ola Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up production to approximately 25,000 vehicles by December. Despite these plans, recent losses were reported along with a decline in consolidated revenue from operations. Ola Electric has significantly reduced its borrowings and expects to generate free cash flow soon.
Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%
Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 crore in the year-ago quarter.
Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecasts
The season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by marketplaces before discounts and returns. The festive sale period started on October 8 with the flagship events of Amazon and Flipkart followed by multiple micro-events until Diwali, which fell on November 8.
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Online festive sales miss estimates; Munjal steps down as Unacademy CEO
Happpy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morning Dispatch.
Quick commerce delivers huge festive triumph for D2C brands
Beauty brand Pilgrim and healthy snacks brand Open Secret both doubled their sales year-on-year (YoY) during the festive period, driven by purchases on quick-commerce platforms.
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Realty firms' land acquisition falls 56% to 1,445 acres in Jan-Sep: Anarock
In the first nine months of 2026, a notable drop in land acquisition activities by Indian real estate firms has been observed. Anarock attributes this decline to developers adopting a cautious strategy, influenced by rising costs and emphasized selectivity in land purchases. Notably, joint development agreements with landowners represented 25% of all deals, hinting at a stronger focus on project feasibility and connectivity.
ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
Delhi AQI today: Air quality improves to 'poor' category, no station records 'severe' levels; check IMD weather forecast and other details
Delhi air pollution news: Air quality in Delhi showed improvement as the AQI dropped below 300 on Wednesday. The city had been experiencing very poor and severe air quality previously. Data from 59 monitoring stations indicated that 29 stations recorded very poor levels. An increase in wind speed is anticipated to lead to further improvement in air quality.
Scene box office collection day 5: Suriya's Diwali release dominates Tamil box office, inches towards Rs 200 crore worldwide
Suriya's latest blockbuster, Scene, hit theaters on November 6 and has already captured audiences with its box office success, raking in Rs 174.40 crore globally. As it closes in on the Rs 200 crore mark, the film's domestic haul stands impressively at Rs 97.40 crore, boosted by robust performances in both Tamil and Telugu versions.
ETMarkets Management Talk | Northern Arc sees D2C lending contributing over 75% of its loan book in the next few years
In this edition of ETMarkets Management Talk, Ashish Mehrotra, Managing Director and CEO of Northern Arc Capital, discusses the company's next phase of growth, its plans to expand the D2C business, and how a higher share of direct lending could support margins and return ratios. He also explains Northern Arc's broader strategy of combining a growing balance-sheet-led lending business with a capital-light, fee-based Credit Solutions platform to drive sustainable long-term returns.
Delhi AQI today: National captial's air quality improves but remains in 'very poor' category; check IMD weather forecast and other details
Delhi pollution latest news: Delhi experienced marginal improvement in air quality as AQI levels decreased after Diwali celebrations. The Air Quality Index recorded a reading of 304 at one point, down from earlier figures. Despite this, pollution remained in the 'very poor' category according to the Central Pollution Control Board. The government's emergency action plan continues to be enforced to tackle rising pollution levels.
Hindustan Unilever increases prices of Surf Excel, Rin, and Wheel products by up to 11% due to rising costs
Hindustan Unilever has raised the maximum retail prices of various home care products to address cost pressures. This adjustment includes popular detergent brands like Surf Excel, Rin, and Wheel, with increases reaching up to 11 percent. The new prices for these products will take effect across multiple pack sizes, reflecting the impact of elevated commodity inflation.
Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 crore
Home and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an estimated ₹1,328 crore from October 21 to November 5. Consumers showed increased spending on household appliances, water purifiers, and kitchenware, reflecting changing priorities. Traditional categories like fashion and gifting also experienced notable growth during this time. However, health and wellness product sales decreased as budgets shifted towards festive purchases.
445 Delhi DDA flats are on sale at a starting price of Rs 43 lakh, registration has started; check locations and booking amount
Delhi Development Authority has launched the Khushhaal Pariwaar Yojana 2026, offering 445 MIG flats in Loknayakpuram, Jahangirpuri and Narela. Registration starts on November 6, with bookings opening November 16. Prices range from approximately Rs 43.36 lakh to Rs 1.19 crore, depending on the location and flat.
BDA projects on agenda as CM Shivakumar to review Bengaluru infrastructure plans on Monday
Chief Minister DK Shivakumar will conduct a review meeting focusing on key projects of the Bangalore Development Authority. Plans will include addressing traffic congestion and resolving longstanding issues related to residential sites and housing. The meeting aims to assess major infrastructure projects and set timelines for their completion. New initiatives and decisions from the BDA are expected to be announced after the review.
Delhi AQI today: National capital’s air continues to remain toxic, AQI crosses 400 at over 22 stations; check IMD weather forecast and AQI
Delhi air pollution news: Delhi is experiencing a serious decline in air quality with an AQI reading of 365. As Diwali approaches, pollution levels may increase due to firecracker use and stubble burning. The Commission for Air Quality Management has implemented stage three measures to manage air quality. Forecasts indicate continued poor air quality, likely reaching severe levels from November 7 to 9.
Daksham Growth Ventures raises Rs 125 cr in first close of maiden consumer fund
Daksham Growth Ventures has completed the first close of its consumer-focused fund, raising approximately Rs 125 crore. The fund is registered as a Category II Alternative Investment Fund and targets a total corpus of Rs 150 crore. It aims to invest between Rs 5-20 crore in early-growth businesses including direct-to-consumer and B2B2C companies. The fund will support companies with governance, brand positioning, and distribution expansion.
Garena Free Fire MAX Redeem codes today, November 6, 2026: Check full list of codes, free rewards and how to redeem
On November 6, 2026, players of Garena Free Fire MAX in India can score exciting new redeem codes, unlocking rewards like diamonds, exclusive weapon skins, and rare character collectibles. To successfully claim these rewards, players need to navigate to the Garena Rewards Redemption website and follow the straightforward steps outlined there.
Garena Free Fire MAX Redeem codes today, November 5, 2026: Check full list of codes, free rewards and how to redeem
On November 5, 2026, Garena Free Fire MAX players will have the chance to claim redeem codes that unlock a variety of exciting in-game rewards. These codes can grant free items such as diamonds, premium weapon skins, and exclusive character gear. However, players must act fast, as these codes are subject to expiration and limited usage. Accurate code entry is crucial for successful redemption.
Tata Sons Chairman Chandrasekaran meets Italian PM Meloni after Iveco acquisition
Tata Sons Chairman N Chandrasekaran and Italian Prime Minister Giorgia Meloni recently discussed the acquisition of Iveco Group. This meeting focused on the strategic industrial ties between Italy and India, enhancing their collaboration. The acquisition allows Tata Motors to become a significant player in the commercial vehicle market. Chandrasekaran expressed gratitude for the support received from the Italian government during the acquisition process.
Washington's next chapter: A democratic socialist mayor and a looming Trump showdown
Janeese Lewis George won the recent mayoral election and will take office on January 2. She will face significant challenges, including local governance issues and financial difficulties. After a period of job losses, the city anticipates potential revenue drops, prompting tax consideration discussions. Lewis George emphasizes addressing the city's affordability crisis amid Trump's ongoing influence. She has a unique opportunity to reshape policies within the city's limited autonomy.
Garena Free Fire MAX Redeem codes today, November 4, 2026: Check full list of codes, free rewards and how to redeem
On November 4, 2026, Garena Free Fire MAX players in India will have the opportunity to claim redeem codes. These codes will unlock fantastic in-game rewards such as diamonds, exclusive outfits, and powerful weapons. To redeem, players should visit the official Garena Rewards Redemption website, ensuring accuracy while entering the codes to avoid mistakes that could hinder successful redemption.
Garena Free Fire MAX Redeem codes today, November 3, 2026: Check full list of codes, free rewards and how to redeem
On November 3, 2026, Garena Free Fire MAX will release redeem codes that unlock exciting in-game rewards. Players need to head over to the official Garena Rewards Redemption website for a successful redemption. Expected rewards include diamonds, weapon skins, and stylish outfits to enhance gameplay. Keep in mind that codes may expire or have redemption limits, so act quickly to reap the rewards.
Sun Pharma’s specialty portfolio, Organon deal to drive growth
Sun Pharmaceutical achieved notable revenue growth in the September quarter, driven by strong performance in India and specialty medicines. The company anticipates medium-term growth from therapies like Ilumya and ongoing innovative projects. Although profitability was affected by acquisition and litigation costs, the domestic market share increased to 8.6% from last year. R&D investments are expected to rise in the second half of FY27 as development accelerates.
New GST norms to simplify pan-India expansion for D2C brands
Among a set of changes approved by the 57th GST Council meeting on October 8, are new rules that allow brands to declare an ecommerce platform's warehouse as their local principal place of business (PPO) starting November 1, subject to conditions.
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