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Source: Live Mint Delhivery Ltd’s shares fell over 4% on Friday, dropping to a new 52-week low of ₹268.45 apiece. For the logistics company that once thrived on the booming e-commerce sector, sluggish B2C volume growth is starting to raise eyebrows. The December quarter (Q3FY25) marks the fourth straight quarter of low single-digit volume growth…
Source: Live Mint Delhivery Ltd’s shares are hovering near their 52-week lows of ₹325.50 apiece seen on 18 November. Investor sentiment remains subdued given the uninspiring September quarter (Q2FY25) results amid rapid growth in quick commerce and stiff competition in e-commerce. Further, the rise of in-house delivery fleets by e-commerce giants such as Meesho has…
Source: Business Standard Meesho (Photo: Shutterstock) 3 min read Last Updated : Oct 10 2024 | 10:54 AM IST Private equity investments in India have touched an impressive $10.9 billion during the first nine months of 2024, marking a 38.9% increase compared to the same period last year, according to data analysed by LSEG…
Source: Business Standard 3 min read Last Updated : Aug 02 2024 | 5:18 PM IST E-commerce firm Meesho has strengthened its board with the appointment of four independent directors, including a former CII president and a JPMorgan veteran, the firm said on Friday, as it expressed confidence that the new members would help…
