Hyatt-backed Juniper Hotels, Arkade Developers, 2 more get Sebi’s IPO nod
Tue, Feb 6, 2024 12:50 AM

Hyatt-backed Juniper Hotels, Arkade Developers, 2 more get Sebi’s IPO nod

A Flip by Shubhangi Gupta
Get it on Google Play
Four companies have received approval from India's securities regulator, Sebi, to raise funds through initial public offerings. These include Juniper Hotels, Arkade Developers, CJ Darcl Logistics, and Indo Farm Equipment. However, two other companies, Kronox Lab Sciences and Shree Tirupati Balajee Agro Trading Company, had their draft IPO documents returned without reason.

More great flips

Singapore's Aelios raises offer to buy rest of Suntec REIT at $2.5 billion

Singapore's Aelios raises offer to buy rest of Suntec REIT at $2.5 billion

Singapore's Suntec Real Estate Investment Trust said on Wednesday that investment holding firm Aelios has increased the offer price to buy the REIT's shares it does not already own, valuing Suntec at S$3.48 billion ($2.54 billion). Aelios, owned by billionaire couple Gordon and Celine Tang, raised the offer to S$1.19 per share, up from the previous bid made in December of S$1.16 apiece.

Open Flip
Coinbase informs users of CFTC subpoena involving Polymarket

Coinbase informs users of CFTC subpoena involving Polymarket

The United States-based cryptocurrency exchange Coinbase is reportedly facing a subpoena from the Commodity Futures Trading Commission (CFTC) in connection with the crypto-based prediction market platform Polymarket. The news was reported by EthHub co-founder Eric Conner in an X post on Wednesday.

Open Flip
Tepid Q3 outlook spells more pain for India Inc. earnings

Tepid Q3 outlook spells more pain for India Inc. earnings

IT bellwether Tata Consultancy Services Ltd (TCS) is set to begin the third-quarter earnings season. However, Indian companies are bracing for another quarter of muted growth as the December quarter preview by leading brokerages suggests that the earnings slowdown seen in the first half of 2024-25 is far from over. 

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon