Fidelity
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All Stories for Fidelity
Fidelity now allows clients to use its website to view cryptocurrencies
•The initiative is a rare example of an established financial services company warming up to cryptocurrencies.
Audiophiles in India are embracing high-resolution audio, says JBL by Harman
Ians •With a growing tribe of audiophiles who won't settle for anything less when it comes to experiencing music, high-resolution audio (HRA) is emerging as the first choice for them.
Morgan Stanley trims Flipkart's valuation at about USD 50.51 apiece
•The mutual fund currently holds 566,827 shares in the online retailer.
Epsilon Announces 7 More Email Service Agreements Signed In India
Fp Archives •Client base nearly doubles, further strengthens its growth in India.
US-based Fidelity almost halves value of investment in Flipkart
•Fidelity, in a filing with the US Securities and Exchange Commission dated Jauary 24, logged the price of its holding as $52.13 per share as of 30 November from $81.55 at the end of August.
Flipkart: Did constant valuation mark-downs triggered Kalyan Krishnamurthy's elevation?
•A senior Flipkart executive said this week's management restructuring was on the cards from the day Krishnamurthy joined Flipkart
Flipkart shares marked up 10% by Valic, co now valued at $11.6 bn
Fp Staff •The latest markup in valuation is still down from Flipkart's peak valuation of $15.2 billion when it last raised capital in July 2015
PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion
•In May, the national capital-based firm had raised Rs 427 crore from DVI Fund Mauritius by allotting it compulsorily convertible debentures
Israeli firms develop high-speed 3D printer for stem cells
Fp Archives •Israeli 3D printer firm Nano Dimension has successfully lab-tested a 3D bioprinter for stem cells, paving the way for the potential printing of large tissues and organs, the company said on Wednesday.
Pinterest seeks $11 billion valuation with new funding: Report
Tech2 News Staff •Pinterest, a photo pin-up site, is in talks to raise $500 million in a round of funding that would more than double its valuation to $11 billion, the Wall Street Journal reported, citing people familiar with the matter.