Retail asset monetization is picking up pace as private equity firm KKR announced a Rs 55.5 billion ($ 0.75 billion) investment in Reliance Retail for a 1.28 percent stake implying a pre-money equity value of US$ 57 billion.
According to...
Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned.
"An exit is likely, not completely out of the question, with the Indian...
The Goods and Services Tax (GST) is likely to have minimal direct impact on the consumer price index (CPI) basket, a report Morgan Stanley said.
This is because most of the tax rates for the items in the CPI basket...
India has emerged as the fastest growing economy in the world, as per Central Statistics Organisation (CSO) and the International Monetary Fund (IMF), with various positive factions thriving, including e-retail. As recent as a few years ago, India witnessed...
Mutual fund investor T Rowe Price has cut the valuation of India's largest online retailer Flipkart marginally by another 4 per cent to about $9.9 billion.
The move comes after the other major mutual fund shareholder, Morgan Stanley , slashed valuation...
US-based mutual fund Morgan Stanley has marked down the value of its shares in India's largest e-commerce marketplace Flipkart by 38 per cent, dropping the valuation of the company significantly low to $5.58 billion.
Read: Morgan Stanley slashes Flipkart valuation 3rd...
It's gloom time for American malls and retailers. Despite the fact that the holiday season is around the corner - a time when consumer spending is at an all-year high - a survey has it that Americans are spending less...
Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months.
Morgan Stanley...
QwikPik Technology Pvt Ltd, which runs food start-up Yumlane, has raised funds in a seed round from Flipkart chief executive officer Binny Bansal and People Group founder Anupam Mittal.
Sachin Bhatia, co-founder of TrulyMadly, angel investor Kunal Khattar and Dheeraj...
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,...