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.
The civil aviation ministry could have recognised the enormity of the Air India crash and prepared the AAIB and its investigating team for its sensitivities.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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