Eyeing ejection of Oyo's proposed IPO, FHRAI moves SEBI
Mon, Oct 25, 2021 2:12 PM

Eyeing ejection of Oyo's proposed IPO, FHRAI moves SEBI

A Flip by Flipitnews
Get it on Google Play
The Federation of Hotel and Restaurant Association of India (FHRAI) applied to Sebi to suspend the proposed listing of Oyo. The company alledged misrepresentation in the draft prospectus. The development comes weeks after Zostel, which was engaged in a more than five-year-long legal battle with Oyo also sought the regulator's intervention against the proposed PO.

More great flips

VECV sales fall 18% to 5,377 units April

VECV sales fall 18% to 5,377 units April

Eicher Motors Ltd on Wednesday said its arm VE Commercial Vehicles Ltd posted an 18.1 per cent year-on-year decline in total sales to 5,377 units in April 2024.VE Commercial Vehicles (VECV) -- a joint venture of the Volvo Group and Eicher Motors -- sold 6,567 units in April 2023, Eicher Motors said in a regulatory filing. April 2024 sales included 5,254 units of the Eicher brand.

Open Flip
How choosing an RIA helped this Mumbai-based family manage their finances?

How choosing an RIA helped this Mumbai-based family manage their finances?

A well thought-out financial plan plays an important role in achieving your life goals, be it buying a house, saving for your child's education, or even planning for retirement. It is easier planning for such financial goals, one at a time. For instance, by planning your vacation in advance and saving up for it rather than taking a loan, you can enjoy your trip stress-free.

Open Flip
Elon Musk Keeps Talking About the Future of Robotics With Optimus

Elon Musk Keeps Talking About the Future of Robotics With Optimus

In September 2022, a humanoid robot prototype sauntered out on stage for Tesla (NASDAQ: TSLA) at its AI Day presentation. It's called Optimus, and many investors believe that the future potential of Tesla stock hinges on its success or failure.The outsized expectations placed on Optimus come from none other than Tesla CEO Elon Musk himself.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon