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Yatra’s India arm receives SEBI approval for a 750 crore IPO

The Securities and Exchange Board of India (SEBI) has approved Yatra Online Ltd, the Indian arm of the US-listed online travel aggregator (OTA) Yatra Online, Inc, for its INR 750 Cr initial public offering (IPO).

Yatra Online Ltd received the market regulator’s final observation letter on November 17, nearly eight months after filing its draft red herring prospectus. The proposed IPO could be made available for subscription within 12 months of the date of the SEBI’s observation letter. The IPO will consist of a new issue of equity shares worth INR 750 crore and an OFS of 9,328,358 equity shares. In March of this year, Yatra filed the DRHP with the markets regulator.

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