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MEESHO SHARES PLUNGE
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Ahead of Market: 10 things that will decide stock market action on MondayIndian stock markets experienced sharp cuts on Thursday, with Nifty and Sensex declining due to rising oil prices and a falling rupee. Sell...
- Meesho shares plunge 10% on Rs 1,500 crore tax demand; down 44% from Dec highShares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, n...
- Three MDs at Peak XV Partners depart to launch new fund amid heightened VC churnThe venture capital firm confirmed in a release that managing director Ashish Agrawal is exiting the fund. The decision followed internal d...
- Meesho shares plunge 10% in 2 days: What triggered the fall and what investors should doAs per the market data, up to 110 million shares, or about 2% of the company’s outstanding equity, became tradeable. The increase in free f...
- Funding stays flat in 2025; Ola Electric stock’s great fallHappy Friday! Startup funding stayed stagnant in 2025, with fewer late-stage deals and a greater focus on public markets. This and more in ...
- Meesho's year-end IPO; Qure.ai's scale betHappy Monday! Ecommerce platform Meesho is likely heading to the bourses in December. This and more in today’s ETtech Morning Dispatch.
- Delhivery shares slide after Rs 1,407 crore Ecom Express deal. Should you invest?Delhivery shares fell 8% after announcing a Rs 1,407 crore all-cash acquisition of rival Ecom Express—one of India’s biggest logistics cons...
- What to buy on market fall? Brokerage picks these 3 stocks that could give 20-50% upsideThe Indian market witnessed a knee-jerk reaction, mirroring the sharp sell-off in global markets amid escalating trade tensions and growing...
- Ecom Express targets $170 million via rights issueEcom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postp...
- Zomato shares tank 7% on Flipkart’s likely foray into quick commerce. How brokerages view itZomato shares plunged 7% as Flipkart plans to relaunch Quick Commerce, but experts believe Zomato's quick commerce model is working well. Z...
- Startup story set for better script in new year after unicorns, funds fall in 2023Startups with sustainable business models as well as the well-capitalised ones are expected to weather the current turmoil. And the horizon...
- 2023 Year in Review: Secondary rounds may headline deal flow at startups next year tooRisk investors ET spoke with said secondary share sales are likely to continue in 2024, as the focus would be on the limited number of good...
- Explained: ONDC vs Zomato-Swiggy and what it means for the food-delivery spaceMenu items from major food chains, including McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day, are available...
- Dream11’s Harsh Jain is IAMAI’s new chairperson; Rishad Premji took 50% salary cut in FY23Dream11’s Harsh Jain was elected as the chairperson of the Internet and Mobile Association of India (IAMAI) amid an ongoing tussle between ...
- VSS says focus is on profits, not stock; wider mandate for Vision Fund India headVijay Shekhar Sharma had been facing pressure from shareholders ever since Paytm's disastrous IPO debut last year.
- Tata Neu misses first-month sales target; MeitY plans online gaming rulesAfter several delays, Tata Digital’s ‘super app’ Neu was launched on April 7 to coincide with the IPL, of which the Tata group was the titl...
- Amazon-Future deal suspended; huge fines proposed for violating data lawAmazon’s 2019 investment in a Future Group company stands suspended after India’s competition regulator said on Friday that the ecommerce g...
- Startup investors writing more $100 million cheques this yearWith the rush of capital and new types of investors coming in, venture capitalists said the time taken for startups to grow their business ...
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