Uber Technologies is likely to sell a 7.8% stake in Indian food delivery firm Zomato through a $373 million block deal on Wednesday, according to a source familiar with the matter and a document seen by Reuters. The offer size of $373 million was based on the lower end of a 48-54 rupee price range set for the block deal, the document showed. BofA Securities is the sole bookrunner for the deal.
As I See It
Lessons from Hitler’s 1923 Munich putsch
Ironically, the victims of the Holocaust are now spurring another genocide and this time it’s the Palestinians in the midst of the second Nakba. In the last 50 years, has the world progressed on matters […]
Indian Americans
Indian-origin Singaporean climber missing Search under way around Mount Everest Summit
SINGAPORE (TIP): A search and rescue operation involving several teams is under way around the Mount Everest Summit to trace an Indian-origin Singaporean climber who has been missing since Saturday, May 20. Teams consisting of […]
United States
IRS encourages truckers to e-file by August 31 tax payment deadline
WASHINGTON, D.C. (TIP): The Internal Revenue Service today encouraged all those who have registered, or are required to register, large trucks and buses with a taxable gross weight of 55,000 pounds or more to e-file […]
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