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Madhuri Dixit invests in Swiggy ahead of IPO, joins growing celebrity investor roster

Madhuri Dixit and Ritesh Malik together bought shares worth Rs 3 crore, which was also the minimum investment size, by putting in Rs 1.5 crore each and became equal shareholders in Swiggy.

Business Standard

Nykaa appoints Sukhleen Aneja as business head to drive Kay Beauty

Nykaa on Friday announced the appointment of Sukhleen Aneja as Senior Vice President and Business Head for Kay Beauty. Kay Beauty is Nykaa's celebrity beauty brand launched in partnership with Katrina Kaif. Announcing Aneja's appointment, Nykaa, in a release, said her role will focus on propelling growth for Kay Beauty in international markets on the back of a successful launch in India. "Sukhleen will also hold responsibility for Nyveda, a brand based on the science of Ayurveda with a universal appeal in India and abroad, as well as provide strategic directions for a few of the young brands in wellness and personal care," the release added. With over two decades of sales and marketing expertise across Fortune 500 organisations like Unilever, L'Oreal and Reckitt Benckiser, Aneja was most recently the CEO of brands at Good Glamm. Launched in 2019, Kay Beauty is a celebrity makeup brand co-created by Nykaa and Katrina Kaif. "Reaching record sales of over Rs 150 crore annually, Kay

The Economic Times

Virat Kohli was the highest taxpaying sportsperson of FY24. Here's how much he paid

Virat Kohli emerged as the highest tax-paying sportsperson in India for FY24, contributing Rs 66 crore. He ranks fifth among celebrity taxpayers, following Shah Rukh Khan, Vijay, Salman Khan, and Amitabh Bachchan. Other notable sportspersons on the list include Mahendra Singh Dhoni and Sachin Tendulkar.

Business Line

Brands increasingly turning to Gen Z stars thanks to their social media appeal

Celebrity Valuation Report released by Kroll, earlier this month, noted that brands are increasingly hiring Gen Z stars to endorse their products

The Economic Times

Delivery boxes unhealthy: Nutritionist calls out Swiggy and Zomato over plastic containers; Zomato CEO responds

Celebrity nutritionist Luke Coutinho recently called on food delivery platforms Swiggy and Zomato to switch to biodegradable, non-plastic containers for food packaging. Highlighting the health risks of using plastic, especially for hot foods, Coutinho's appeal emphasized the need for safer food delivery practices. Zomato CEO Deepinder Goyal responded positively, promising to highlight restaurants that use food-safe packaging, while Swiggy is yet to respond.