.

WhatsApp message destroys 71% of Infibeam's stock value

Infibeam Avenues Ltd lost 71 per cent of its market value on a single day after a WhatsApp message circulating among traders raised concerns about the e-commerce company’s accounting practices. The WhatsApp message alleged, among other things, that the company had given interest-free and unsecured loans to its units.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2zCGvXc

Resent New

Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

Most popular News