A Vanguard-managed mutual fund has marked down the value of its shares in Flipkart by 25 per cent, the fund has disclosed last month. This is the sixth markdown for the Indian e-commerce behemoth.
A fund managed by Morgan Stanley has...
Two of Flipkart's mutual fund investors have marked down the value of their holdings in the company by 20 per cent.
Global investors in India's largest e-commerce marketplace Flipkart are acknowledging the drop in the company's value, which peaked at $15.2 billion in...