Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.
Rahul, who arrived a day before Prime Minister Manmohan Singh's scheduled visit to Leh, took stock of the situation in the worst-affected Choglamsar where numerous houses were buried under the slush following the cloudburst on August 5. "The prime minister is coming tomorrow. Tell him about the shortcomings freely. Don't be afraid," the 40-year-old Congress leader, dressed in a white kurta-pyjama, told the victims who have taken shelter at a relief camp.
Dilip D'Souza has witnessed disasters around the world. However, the sight of devasatation in Leh left him speechless and overwhelmed.
Dilip D'Souza has witnessed disasters around the world. However, the sight of devasatation in Leh left him speechless and overwhelmed.
'The committing of the SFF into operations in Ladakh is a signal from New Delhi of how seriously it takes the Chinese intrusions and the lengths India will go to in combating them.'