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MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore comprising a mix of fresh issue of shares and offer for sale (OFS) by existing shareholders, sources said. The Flipkart and TPG backed logistics startup which was last valued at $712 million or about Rs 6,000 crore is eyeing an IPO valuation of about Rs 8,500 crore.Startups are rushing to Dalal Street after a recovery in stock ...Read More >
New Delhi, Jul 1 (PTI) India's sports administration could become heavily supervised by the government going by the newly-unveiled Khelo Bharat Niti which seeks to create "national level regulatory bodies and inter-ministerial committees" to ensure "ethical practices" and prepare the country for possibly hosting the 2036 Olympics. The 20-page document, which has been accessed by PTI, will be the guiding force of structural changes in Indian sports ecosystem and includes a detailed plan for "str ...Read More >
Felix Auger-Aliassime, Jasmine Paolini are among the stars who are set to headline the Adelaide International, an ATP 250 event, as tournament... Felix Auger-Aliassime, Jasmine Paolini are among the stars who are set to headline the Adelaide International, an ATP 250 event, as tournament Director Alicia Molik is excited about the calibre of players confirmed to compete at The Drive from 6 to 11 January 2025. Felix (former world No.6) and two of the WTA top 10 ranked players in Jasmine Paolini, ...Read More >
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