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Indian food delivery firm Zomato’s shares fell below 52 rupees apiece, giving it a market cap of $5.3 billion as tech stocks continue to nosedive across the globe. At a $5.3 billion market cap, Zomato is now trading below its last private valuation ($5.4 billion) from early 2021. Swiggy, Zomato’s chief rival in India and […] ....
Foreign institutional investors have on the whole steered clear of Indias biggest share sale, deeming it too expensive given currency risks and the global market backdrop. ....
While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds. . Read more at straitstimes.com. ....
Foreign institutional investors have on the whole steered clear of India's biggest share sale, deeming it too expensive given currency risks and the ....
Foreign investors shun India's biggest IPO over market risks borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.