Snapdeal’s IPO, targeted for early next year, comes after a record year for market debuts. Zomato set off the rush, followed by successful offerings from the likes of Nykaa.
Snapdeal would become the largest tech company to test investors’ appetite for IPOs after the disastrous debut of Paytm’s parent, One 97 Communications Ltd.
The pandemic led to a rise in online shopping, and the laws intended for e-commerce & consumer protection and interpretation of the rules gained prominence among people.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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