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…
Urban Company founders and investors cash out Rs 1,395 Cr in pre-IPO deals
Urban Company's founders and investors reportedly cashed out ₹1395 crore in pre-IPO deals. This indicates that some early stakeholders in the company have partially liquidated their holdings before the company goes public. Pre-IPO deals allow investors and founders to realize some returns on their investment. The significant amount involved suggests strong interest in Urban Company's stock even before its IPO.