New Delhi, Dec 24 (IANS) With better earnings growth in FY27 and a potential trade deal with the US, a return of foreign institutional investors (FIIs) into India is expected in 2026, a report said on Wednesday.”Overall, we remain constructive on the equity markets for 2026. Nifty valuations at 20.5x 1-year forward Price-Earnings ratio (PE) are in-line with its 5-year average and at a modest premium to 10-year average”, according to the report from HSBC Mutual Fund.The fund house said it is over…
Latest E-commerce News & Updates
Seoul, Dec 23 (IANS) South Korea on Tuesday launched an interagency task force (TF) to carry out an investigation into the recent data breach at US e-commerce giant Coupang that affected 33.7 million users.The new TF, comprising officials from the science and labor ministries, along with the media watchdog, financial authorities, the police and the spy agency, held its first meeting on the day to investigate facts behind the breach, according to the Ministry of Science and ICT.The task force wil…
Mumbai, Dec 22 (IANS) Shares of Meesho Limited came under sharp selling pressure on Monday, as the stock hit a 10 per cent lower circuit. This was the second straight session of decline for the newly listed e-commerce company.Over the last two trading days, Meesho shares have fallen nearly 17 per cent, after dropping around 7 per cent on Friday.The recent fall indicates that some investors may be booking profits after the stock’s strong rally following its market debut.Meesho shares had more t…