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…
Labour Laws
06/09/20264 min read
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Informative
PhonePe's INR 7K Cr Run; Purple Style Labs IPO More
Financial PlanningSEBI & SCRAStart-Up & DPIIT
PhonePe has raised INR 7,000 crore in funding, bolstering its financial position as it prepares for an initial public offering (IPO). The funds will be utilized to expand PhonePe's digital payment services and enhance its technological infrastructure. In addition, Purple Style Labs, a beauty and personal care brand, is planning an IPO to raise capital for business expansion. The IPOs of both companies are expected to attract significant investor interest, reflecting the growing confidence in India's digital economy and consumer sectors.
