morgan stanley
Retail
US- based Fidelity raises Flipkart’s valuation
Fidelity Rutland Square Trust II, a mutual fund investor in Flipkart, has marked up the valuation of India’s largest e-commerce company by 2.7 per cent to $84.29 per share in May, against a value of $82 apiece in February,...
Retail
Two more Silicon Valley executives quit Flipkart
India's largest e-commerce marketplace Flipkart's management rejig is continuing even as two more high-profile Silicon Valley hires quit the company last week.
ALSO READ: Flipkart rejigs top management, hires ex-Amazon exec
Lalit Sarna and Sunil Gopinath were among the top talent in the company. Sarna...
Retail
US mutual fund Vanguard slashes Flipkart value by 25 pc
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...
Latest News
Pricing to give way to convenience in Indian e-commerce: Morgan Stanley
As broadband usage expands in India, convenience will be the main driver for online shopping after 2019, as opposed to pricing being the main issue today, and eventually help e-commerce firms make money, says a report by merchant banker...
Retail
Pricing will soon give way to convenience in Indian e-commerce
As broadband usage expands in India, convenience will be the main driver for online shopping after 2019, as opposed to pricing being the main issue today, and eventually help e-commerce firms make money, says Morgan Stanley.
"Internet adoption is a...
Latest News
More investors mark down Flipkart valuation by 20pc
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...
Retail
India to become second largest smartphone market by 2017
India is expected to overtake the US as the second-largest smartphone market next year with robust annual growth, says a Morgan Stanley research report.
As reported by PTI: According to the report on global technology and telecom, the country's smartphone...
Home Decor & Furnishing
Flipkart eyes top furniture retailer position in 2016
The imminent entry of IKEA into the Indian market next year has sent the country’s e-commerce majors into a huddle over the drawing board, deciding what to do next to ensure they retain a chunk of the furniture retail...
Beauty & Wellness
Wei Sun Christianson on Estée Lauder Board of Directors
From March 1, 2011, American cosmetic giant, Estée Lauder Companies Inc. has a new director on its board. Wei Sun Christianson, who is the Managing Director and Chief Executive Officer at Morgan Stanley, China, is serving as a member...
Retail
Morgan Stanley buys 7.68 pc stake in Indiabulls Real Estate
Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route.Morgan Stanley & Co International through its various investment arms has acquired over three...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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