Tag "fidelity"

Mutual fund investor T Rowe Price cuts Flipkart valuation by 4pc to $9.9 bn

By : CIOL Writers

Two months after an aggressive 38 percent markdown in Flipkartā€™s valuation by Morgan Stanley, Mutual fund investor T Rowe Price has trimmed the valuation of India’s largest e-commerce company Flipkart marginally by another 4 percent to about $9.9 billion, reports