Vanguard

US mutual fund Vanguard slashes Flipkart value by 25 pc

Indiaretailing Bureau - July 1, 2016

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...

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