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India’s GDP growth set to slow further in Apr-Jun quarter to 5.7 per cent: Nomura
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India’s GDP growth set to slow further in Apr-Jun quarter to 5.7 per cent: Nomura

India’s economic growth is set to slow further in the April-June quarter of this year to 5.7 per cent amid contraction in consumption, weak investments and an under-performing service sector, says a Nomura report. According to the global financial services major, even though growth is set to slow further in Q2 (April-June) the economy is…

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HDIL plunges 20% on insolvency proceedings
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HDIL plunges 20% on insolvency proceedings

Housing Development and Infrastructure slumped 20 per cent, their biggest daily percentage loss since October 10, 2008. The debt-ridden real estate firm has been admitted under the provisions of insolvency bankruptcy code passed by the National Company law Tribunal (NCLT) pursuant to an application filed by the Bank of India. The Mumbai-based company further said…

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WeWork’s IPO documents baffled an analyst who specializes in evaluating companies preparing to go public

WeWork’s IPO filing confused an analyst who specializes in valuing private companies that are preparing to go public.  Rett Wallace, the chief executive officer of Triton Research, told Bloomberg that WeWork’s prospectus is a “master of obfuscation.”  Wallace also said the filing doesn’t include enough financial data to create an accurate model for the company.…

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WeWork’s IPO documents baffled an analyst who specializes in evaluating companies preparing to go public

WeWork’s IPO filing confused an analyst who specializes in valuing private companies that are preparing to go public.  Rett Wallace, the chief executive officer of Triton Research, told Bloomberg that WeWork’s prospectus is a “master of obfuscation.”  Wallace also said the filing doesn’t include enough financial data to create an accurate model for the company.…

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