By Me and a Colleague Yesterday: Morgan Stanley Fund Cuts Valuation of its Flipkart Holding

The story begins: MUMBAI—A Morgan Stanley investment fund has reduced the valuation of its holding in Flipkart Internet Pvt. by 38%, as India’s leading e-commerce firm faces increased competition from U.S. rival Inc. and others. In a U.S. regulatory filing this week, the Morgan Stanley Select Dimensions Investment Series fund said for the quarter […]

By Me on Friday: How Amazon Has Taken India by Storm

The story begins: NEW DELHI– Inc. founder Jeff Bezos, perturbed by his company’s failure to capture much of the massive Chinese market, had a pointed message for executives in India during a visit in 2014: Don’t let that happen here. Do what it takes to succeed and don’t worry about the cost, Mr. Bezos […]