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Rollercoaster ride of four retail industry IPOs

These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…  By Abhisar Narula New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...

Zomato setting up ‘Rest Points’ for delivery partners

Rest Points offer clean drinking water, phone-charging stations, access to washrooms, high-speed internet, a 24 7 helpdesk and first-aid support New Delhi: Online food delivery platform Zomato on Thursday said it is building public infrastructure called 'Rest Points' to support the...

HSBC brokerage slashes Zomato’s $1bn value by half

HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million. The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
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Apparel Group signs multi-brand agreement with Marquee Brands

The agreement covers bringing five of Marquee's renowned brands—BCBG, Ben Sherman, Bruno Magli, Sur la table and Martha Stewart—to...
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