Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
IPO-Bound OfBusiness Converts Into Public Company
OfBusiness, a B2B commerce platform, has transitioned into a public company in preparation for its upcoming IPO. This move is aimed at expanding its operations and tapping into the public markets for funds. By going public, OfBusiness plans to enhance its financial resources and strengthen its position in the B2B sector, which has been growing rapidly in India. The company has a diverse range of services that cater to small and medium-sized businesses, including procurement, financing, and logistics. This decision marks a significant milestone for the company, signaling its readiness for future growth and providing investors with an opportunity to participate in its success.