US mutual fund marks down Flipkart share value by 25%

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 no more bellwether of e-tail valuations

Loses notional value by 37.5% because of markdowns by investors Flipkart, poster boy of Indian e-commerce, seems to be losing its bellwether status. While the Bengaluru-based company has witnessed......

More investors mark down Flipkart valuation

US mutual funds Valic Co 1 and Fidelity Rutland Square Trust II, which have minority stake in Flipkart, have marked down the value of their stocks in the company More global investors in......

SoftBank marks down Ola, Snapdeal by $550 million

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......