Hospitality chain OYO is likely to delay its IPO (initial public offering) plans by another three months as the stock exchange regulatory body SEBI has asked the startup to update its draft red herring prospectus (DRHP).
This action was taken because OYO’s DRHP filing with the SEBI did not include updated financial disclosures for the September quarter of FY23. According to a source at Inc42, SEBI has also directed OYO to provide updated information on risk factors, KPIs, outstanding litigations, and valuations, as well as other material information. The news comes almost a month after Inc42 reported that OYO had laid off 600 employees in the product and engineering departments.
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
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
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
