India

Five senior executives at India’s Nykaa resign in latest exits

Its chief financial officer Arvind Agarwal had resigned last November.

Apple and its key suppliers have been shifting production away from China.

State-run LIC was criticised for having over $4b exposure to companies from the group.

Reliance this month launched revamped Campa drinks which were popular in India in the 1970s and 1980s.

Stashfin will use the money to optimise the portfolio for prospective securitisation.

Aavishkaar seeks to raise more than $200m for the fund.

Ola may make an announcement on the fundraising in about a month.

The injection would take place over two years if the deal goes through.

The company had raised $3.3m in the first tranche of the pre-series B round three years ago.

IndusGo plans to use the funds to expand its fleet of vehicles by 1,000 cars.