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Tata Play is set to file confidential filing for IPO

Tata Play, Tata Group’s entertainment arm formerly known as Tata Sky, is reportedly on track to become one of the first Indian businesses to submit a private pre-filing of offer documents for an IPO.

Tata Play intends to raise between INR 2,000 and INR 2,5000 Cr through the IPO, according to a report from ET. The Walt Disney Company and other stakeholders would be able to leave the business through the public offering. It was first introduced in 2004 as the 80:20 joint venture of Tata Sons and 21st Century Fox under the name Tata Sky. Tata Play reported a net profit of INR 68.6 Cr for FY22 and had 18.3 Mn active pay subscribers as of March 31.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link