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Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn

TMT

25 January, 2017

Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn

Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ......

Is Flipkart preparing for an IPO soon?

TMT

11 January, 2017

Is Flipkart preparing for an IPO soon?

Flipkart, India’s largest e-commerce portal, is preparing to list on the stock exchanges, a news report said on Wednesday.Citing unnamed ......

Tech industry faces a volatile year ahead

TMT

06 January, 2017

Tech industry faces a volatile year ahead

“The road ahead is long and not easy. The mountains ahead are tall ones. But there is no other way ......

Flipkart's Sachin Bansal and Ola's Bhavish Aggarwal take potshots at ‘non-Indian' firms

TMT

07 December, 2016

Flipkart's Sachin Bansal and Ola's Bhavish Aggarwal take potshots at ‘non-Indian' firms

As the country’s internet and mobile economy is booming in a battle for ideas and capital, Indian founders of startups ......

Vanguard trims stake value in Flipkart again

TMT

02 December, 2016

Vanguard trims stake value in Flipkart again

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart ......

Morgan Stanley slashes Flipkart valuation to $5.57 bn

TMT

29 November, 2016

Morgan Stanley slashes Flipkart valuation to $5.57 bn

A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving ......

Fidelity, Valic mark down Flipkart's valuation again

TMT

08 November, 2016

Fidelity, Valic mark down Flipkart's valuation again

India’s largest online marketplace Flipkart’s valuation woes seem to be far from over as two American mutual funds, Fidelity Rutland ......

IDG, Accel invest $3 mn in B2B packaging material marketplace Bizongo

TMT

05 November, 2016

IDG, Accel invest $3 mn in B2B packaging material marketplace Bizongo

Smartpaddle Technology Pvt. Ltd, which owns and operates business-to-business (B2B) marketplace for packaging materials Bizongo, has raised $3 million (around ......

Amazon to buy Tatas-owned Westland's publishing business

TMT

28 October, 2016

Amazon to buy Tatas-owned Westland's publishing business

US-based e-commerce giant Amazon today said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum.The acquisition ......

All you need to know about draft GST rules

General

27 September, 2016

All you need to know about draft GST rules

The Central Board of Excise and Customs (CBEC) on Monday unveiled a set of draft rules for the new Goods ......