Last week everybody was calling Falcone Nair, the CEO of Nika, a genius. She was credited for coming up with an ingenious solution to stave off of a sudden fall in Nika's stock price. How did she do it? Well, by issuing bonus shares it seems. But it didn't quite work out for Nika. The stock price is falling by 10% this week. And now everyone's eating their words and Nair's copying some blame.
In today's episode for 19th November 2022, we talk about Nykaa and the "masterstroke".
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