Food delivery platform Zomato has received SEBI’s nod to raise Rs 8,250 crore through an IPO. The IPO comprises fresh issue of equity shares worth Rs 7,500 crore and an offer-for-sale to the tune of Rs 750 crore by Info Edge (India) Ltd, according to draft red herring prospectus. Zomato obtained its observation on July 2, an update with the regulator showed.
Indian Americans
Indian American Sundar Pichai, Google’s CEO, joins Alphabet’s Board of Directors
SAN JOSE (TIP): Google’s Indian American CEO Sundar Pichai is joining parent company Alphabet’s board, according to an announcement on July 24 from the company. “Sundar has been doing a great job as Google’s CEO, […]
Coronavirus
India relaxes visa norms; except for tourism, all categories of foreigners allowed to enter India
NEW DELHI / NEW YORK (TIP): India on Thursday, October 22, relaxed visa restrictions to allow all categories of foreign nationals to enter India through air or sea for any purpose except for tourism. In […]
Indian Americans
Indian American 42-yr-old man from Hoshiarpur killed in Indiana road crash
GREENWOOD, INDIANA (TIP): A 42-year-old Indian American man was killed and two others were seriously injured in a two-vehicle accident in rural Greenwood in Indiana last week. Sukhwinder Singh, an Indianapolis resident who was driving […]
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