India: Flipkart adds new directors to its board ahead of planned IPO in the US
Photographer: DHIRAJ SINGH/Bloomberg Premium
Flipkart has made key changes to its board as the Walmart Inc-owned e-commerce firm readies for a proposed initial public offering (IPO) next year.
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second session in a row wednesday with the dow kicking up 150 points, nasdaq up 28 and s&p 500 up 15. and that s despite a gdp number that fell short of expectations. gold continues to trend lower, slumping $51 yesterday. oil gained 17 cents. dish network is ditching its potential deal to buy clearwire. clearwire shares fell 2% in heavy trading after the bell on the news. and mortgage applications fell 3% from last week. home-buying activity took a breather as interest rates crept higher. let s get down to business this morning with todd horwitz of average joe options. good morning to you. - good morning, angie. - this feels like a relief rally, but will it be enough to keep average investors in the market? they are scared. - you know, angie, i don t think so. i think that the average investors are probably what pushed it up here. they re probably going to get hurt again. it looks like yesterday we pushed up to some resistance levels. the rally was on light volume. not real i
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