Tue, Oct 1, 2024 5:00 PM
Swiggy provides special indemnities to directors, ahead of IPO
A Flip by Avya Verma
Shein is set to hold informal investor meetings in the coming weeks for its planned London IPO, 3 sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory approval. The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors' questions.
Open Flip
U.S. tech behemoth Apple is reportedly planning to add four new retail stores in India. The company has also initiated the production of the iPhone 16 Pro and Pro Max models in the country. What Happened: Apple is looking to expand its retail footprint in India with new stores in Bengaluru, Pune, Delhi-National Capital Region and Mumbai, according to a Moneycontrol report.
Open Flip
Temasek Holdings Pte. is in talks to buy a minority stake in Haldiram Snacks Pvt Ltd., people familiar with the matter said, a transaction that may value India’s biggest snack maker at about $11 billion. The Singapore state investor is holding preliminary talks to buy from 10% to 15% in Haldiram, the people said, asking not to be identified because the matter is private.
Open Flip
