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FIDELITY WRITEDOWN
Byju’s, Meesho face valuation cuts; electric two-wheeler beneficiaries’ tally under FAME slashedOn Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s, while Fidelity Investments slashed Meesho’s valuation by 10%...30 May, 2023, 10.29 PM IST- Fidelity Investments cuts Meesho's valuation by 10% to $4.4 billionNotably, Fidelity’s funds had valued Meesho at $4.98 billion as of December 2022. Prior to that, as of September 2022, the investor had asc...30 May, 2023, 09.09 PM IST
- Cboe says Robinhood and Virtu among potential equity partners in crypto exchange"ErisX was founded with the mission of bringing transparent, well-regulated markets for digital assets and we are excited to further accele...25 Aug, 2022, 07.59 PM IST
- RIL 44th AGM: Here's the full text of Mukesh Ambani's speech"The age of fossil fuels, which powered economic growth globally for nearly three centuries, cannot continue much longer. The huge quantiti...24 Jun, 2021, 07.43 PM IST
- 'Software is one area where you cannot buy customers'Software requires a fairly deep understanding of customer needs and what technology makes sense, says Naren Gupta, co-founder of Nexus Vent...20 Oct, 2019, 11.22 AM IST
- Tata Group plans to organise global investor summitMore than 150 global and local investors have agreed to participate in summit which is slated to be held on mid-November in Mumbai this yea...29 Oct, 2016, 12.34 AM IST
- Mutual funds' date with debt backfires on loan market crisisMutual fund investors who looked to counter their stock holdings with a conservative footing in bonds might understandably feel betrayed by...08 Nov, 2007, 01.40 AM IST
- Subprime meltdown puts UBS' reputation at stakeUBS, the Zurich-based banking giant that manages the most money for the rich, is getting no respect from its shareholders who are beginning...30 Oct, 2007, 06.30 AM IST
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