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
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