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Valic Co

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Flipkart no more bellwether of e-tail valuations

Loses notional value by 37.5% because of markdowns by investors Flipkart, poster boy of Indian e-commerce, seems to be losing its bellwether status. While the Bengaluru-based company has witnessed......

More investors mark down Flipkart valuation

US mutual funds Valic Co 1 and Fidelity Rutland Square Trust II, which have minority stake in Flipkart, have marked down the value of their stocks in the company More global investors in......

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