Uber Technologies is likely to sell a 7.8% stake in Indian food delivery firm Zomato through a $373 million block deal on Wednesday, according to a source familiar with the matter and a document seen by Reuters. The offer size of $373 million was based on the lower end of a 48-54 rupee price range set for the block deal, the document showed. BofA Securities is the sole bookrunner for the deal.
United States
President Trump stops in Dallas for private fundraiser
DALLAS(TIP): President Trump, Thursday, May 31, attended a fundraiser at the Adolphus Hotel in downtown. Air Force One touched down in Love Field around 4 p.m. He arrived at the hotel around 4:30 p.m. and […]
United States
US President Biden seeks comprehensive immigration reform in State of the Union address
WASHINGTON, D.C. (TIP): President Joe Biden has urged the US Congress to pass a comprehensive immigration reform, a move which would provide a path to citizenship to not only illegal immigrants but also those who […]
Health
Covaxin booster enhances antibody response against Covid variants including Omicron: Study
A booster dose of Covaxin administered six months after the two dose primary vaccination has shown elevated immune responses against SARS-CoV-2 variants of concern including Omicron and protection from severe disease, a study by ICMR […]
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