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.
Related Articles
India
Section of media gives communal color to news bringing bad name to nation, says Supreme Court
New Delhi (TIP): A section of media gives communal colour to news bringing bad name to the country, the Supreme Court rued on Thursday, Sept 2, expressing serious concern over fake news on social media, […]
Business & Economics
Sensex crosses 61,000 mark for the first time
Extending its winning run to the sixth straight session, equity benchmark Sensex rallied 569 points to close at a new peak on Thursday, driven by gains in index majors HDFC twins, ICICI Bank and ITC […]
Health
Sitting for long periods may increase risk of dementia
According to a recent study, individuals aged 60 and more who sit for a long period of time watching TV or engaging in other passive, sedentary behaviours may be at an increased risk of developing […]

2 Trackbacks / Pingbacks