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Slowdown grounds business jets as the wealthy go stingy

India Inc is looking to tighten its belt amid the economic slowdown as it gives up on jets.

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Dec 06, 2019, 09.37 AM IST

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Flipkart leads $60 million round in logistics startup Shadowfax

The companies did not disclose the transaction value, but sources briefed on the matter told ET that the investment valued Shadowfax at about $200-$250 million, and is also likely to see other new investors join in.

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