Delhivery vs Ecom Express : Who's Telling the Truth?

There’s a big debate happening in the delivery business world! Delhivery, a major company, is questioning its competitor Ecom Express just before Ecom Express launches its Initial Public Offering (IPO) – a process where a company sells its shares to the public for the first time.

Here’s what you need to know:
1. Delhivery claims that Ecom Express gave wrong financial information in the documents it submitted for the IPO.

2. Ecom Express is getting ready to sell its shares to the public, and Delhivery says the numbers they’re showing investors are misleading.

3. Delhivery has asked the government body, SEBI (which checks if companies are following the rules), to look into these numbers to make sure they are correct.

4. This issue has brought attention to how important it is for companies to be clear and honest when sharing their financial details.

5. As Ecom Express prepares for its IPO, this problem could impact how investors feel about trusting the company.

Could this claim hurt Ecom Express’ chances in the stock market?

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