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 Americans raise pitch against ‘travel ban’
According to a study at California State University San Bernardino’s Center for Study for Hate and Extremism, the anti-Muslim hate crimes in the US rose sharply in 2015 to the highest levels since the aftermath […]
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