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.
The new ministers include 20 of cabinet rank and eight ministers of state. The Chouhan ministry strength is now 34. Chouhan took oath as chief minister for a record fourth term on March 23, after Nath resigned from the post following rebellion by 22 MLAs of the Congress.
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