SoftBank-based e-commerce marketplace Snapdeal has deferred its Rs 1,250 crore IPO, joining the list of startups that have decided to shelve their initial public offering (IPO) plans this year. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell-off in tech stocks worldwide. "Considering the prevailing market conditions, the company has decided to withdraw the DRHP. The company may reconsider an IPO in the future, depending on its need for growth capital and market conditions," a Snapdeal spokesperson said.
Kartik's enjoying Europe... Mouni beats the mid-week blues... Ananya has something to share...
The Centre on Wednesday told the Bombay high court it was extending till July 10 its earlier statement that it won't notify its fact-checking unit to identify fake news against the government on social media, even as two new petitions were filed challenging the recently amended IT Rules.
The Bombay high court on Thursday said that no matter how laudable or high the motives are while framing rules, if the effect of a rule or law is unconstitutional then it has to go.
Akhil's sunshine... Bharati's adorable son... Abhishek surprises Amitabh...
Rajasthan Royals are better placed than Punjab Kings on the net run rate but both will have to rely on other results to advance.
Bollywood turns up to watch Laal Singh Chaddha.
The repolling started at 7 am amid tight security with four central forces personnel deployed in each booth, besides state police. Till 11 am, 10.9 per cent voter turnout was recorded.
Shah Rukh Khan's box-office juggernaut and other specials on the OTT menu this week.
Meanwhile, Opposition bloc Maha Vikas Aghadi said the verdict will determine if democracy "exists" in the country and judiciary "functions" independently.
Citing news reports, Ramesh said they have "exposed" in considerable detail how the process was manipulated to help the Adanis.
From the Sensex pack, Mahindra & Mahindra, UltraTech Cement, Power Grid, State Bank of India, ITC, Titan, Tata Motors and ICICI Bank were among the major winners. Tata Consultancy Services, Bajaj Finance, Tech Mahindra, Asian Paints and HDFC were among the major laggards.
The Kochhars were arrested by the Central Bureau of Investigation (CBI) last Friday. Dhoot was arrested on Monday. The three were produced before special judge S H Gwalani at the end of their earlier remand on Thursday.
Ishtiaq Ahmed Khan, a businessman, has donated the land for the 'Virat Ramayana Temple'.
Huma does good in LA... Walusha meets her sis in Amsterdam... Amyra likes it in Phuket...
Habibul had gone to visit the suspension bridge on Machchhu river on Sunday evening when the incident took place.
Anushka enjoys the beach... Chiranjeevi parties with Kamal, Salman... Alia's family outing...
Kriti's message... Janhvi's new film... Akshay's jhappi...
The Bombay high court on Friday said the recently amended Information Technology (IT) Rules against fake content on social media against the government may be excessive, quipping that one cannot bring a hammer to kill an ant.
If you're wondering what to do at home when it's pouring outside, then worry not!
At least three people were killed and several others injured in a blast near the venue of senior Trinamool Congress leader Abhishek Banerjee's rally in West Bengal's Purba Medinipur district, police said on Saturday.
Saha, an MLA from the Burwan constituency, was being questioned by the CBI since April 14 in connection with the case as searches went on at his house in connection with the illegal recruitments in state sponsored and aided schools, they said.
Pooja takes a water break... Plabita goes BTS... Nia has a new song...
Both Jaiswal and du Plessis, the leading run-getters in IPL 2023 so far, are in scintillating form. While du Plessis is leading the scoring charts with 576 runs from 11 innings, including six half centuries and a best of 84, Jaiswal is a close second with 575 runs from 12 matches, which includes four fifties and a 124-run knock.
'Sex is such a healthy thing that your first encounter with it should be good, otherwise it scars you for life, it disturbs you for life.'
With temperatures rising all over our incredible India, a lesson or two from Bollywood on how to beat the heat this summer.
A worker carries out restoration work at the Chhatrapati Shivaji Terminus heritage building in Mumbai.
Security forces were maintaining a strict vigil across West Bengal in view of Hanuman Jayanti celebrations on Thursday, officials said.
West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.
Brokerages have cut their estimates of listed diagnostics players for the financial year 2023-24 (FY24) after mixed December quarter results and muted near-term outlook. Their volumes and realisations will be under pressure due to weakness in Covid-adjusted performance and higher competitive pressures, the brokerages believe. In a post-Q3 results note on Dr Lal Pathlabs, Bhavesh Gandhi of YES Securities pointed out that there has been a lack of volume revival in recent quarters, with an increasing likelihood that FY24 too would be a work-in-progress year for the company's initiatives to bear fruit.
Babita, a former wrestler, arrived at the protest site and heard the demands of the grapplers.
The Varun Dhawan-Kriti Sanon starrer, Bhediya, has released to good reviews.
Neha enjoys the rain... Gauahar wears white... Sanjay Dutt reaches the airport...
Benchmark indices ended on a firm note on Friday, extending their previous day's gain, amid continuous foreign fund inflows and a positive trend in the global markets. The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80.
Anil Kapoor invited his friends and colleagues from the film industry to celebrate his 66th birthday on December 24 at his home.
Innaya's birthday party... Sidharth in Musafir mode... Allu Arjun celebrates Sneha's birthday...
Rajasthan Royals face tough challenge against in-form Chennai Super Kings
'Whatever duties I have to dispense off as a Speaker I will do the needful in accordance with the provisions of the law.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances