News Snapshot:
Go Fashion share price slumped nearly 5% on Monday's trade amid news of venture capital firm Sequoia Capital would sell all of its 10.18% stake in the parent company of Indian clothing brand Go Colours in a block deal today. Go Fashion shares opened at ₹1,150 apiece on BSE . The floor price for the stake sale will be ₹1,135 per share, which represents a 5% discount from the most recent closing price. According to the CNBC-TV18 report, the block deal will cost ₹624 crore in total. Up until the end of the previous year, Sequoia Capital owned a 13.8%...
