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.
NY/NJ/CT
Gandhi Brothers Launch Second Annual Holiday Charity Drive
JAMAICA, NEW YORK (TIP); Partnering with local non-profits, New York City’s Gandhi brothers are once again bringing their philanthropy to local communities in need, particularly in Brooklyn and Queens. The Gandhi brothers have been active […]
Bollywood
Ileana D’Cruz’s New Dance Track ‘Ooo Ooo’ Is Out
The groovy dance track ‘Ooo Ooo’ featuring Bollywood actress Ileana D’Cruz and singer-composer Qaran, was released on Wednesday, April 6. The track, which has flavours of urban and contemporary music, has been composed and sung […]
United States
Indo-Canadian Sanjay Malaviya donates $1.2M to Olympic and Paralympic medalists
By Prabhjot Singh BRAMPTON (TIP): Sanjay Malaviya, an Indo-Canadian and a leading name in IT healthcare industry, has made a huge first of its kind donation to the Canadian Olympic and Paralympic Foundations. He has […]
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