Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. Illustration: Uttam Ghosh/Rediff.com The National Stock......
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400, reports Pavan Burugula/Business Standard.Illustration: Uttam Ghosh/Rediff.com Brokerages......
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies. Japanese investor SoftBank has marked down the value of two of its largest Indian......
This is the sixth mark down for the largest e-commerce marketplace of the country in as many months. The valuation woes of Flipkart continued as a US mutual fund managed by Vanguard Investment......
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal, which is backed by Chinese e-commerce giant Alibaba. Image: Binny Bansal (L) and Sachin Bansal.......