Tag: files

  • Shein files with Chinese regulator for planned US float

    Fashion company Shein is seeking Beijing’s nod to go public in the U.S., two sources with knowledge of the matter said, a decision which could delay its float plans and comes despite efforts to distance itself from China.The Singapore-based company, valued at $66 billion in a May fundraising according to one of the sources, filed…

  • Second-largest U.S. radio company Audacy files for bankruptcy protection

    The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash…

  • Google to shut ‘Important’ tab in Files app soon, permanently delete documents

    Google is planning to shut down the “Important” tab in the Files by Google app next month, and anything saved inside will be permanently deleted at that time. The feature was introduced last year and was exclusively available for devices in India that hold critical documents, like government IDs. Elevate Your Tech Prowess with High-Value…

  • Unicommerce files draft IPO papers; SoftBank, AceVector, B2 Capital to sell 29.8 million shares

    Gurugram-based ecommerce SaaS firm Unicommerce Esolutions Ltd has filed a draft red herring prospectus (DRHP) for its initial public offering (IPO). Through the offering, its shareholders – AceVector Group, B2 Capital and SoftBank – are together offloading 29.8 million shares. Unicommerce Esolutions is not raising any fresh capital through the IPO. Elevate Your Tech Prowess…

  • FirstCry parent files draft IPO papers: Six key takeaways

    Brainbees Solutions, the parent firm of omnichannel retailer FirstCry, filed its draft red herring prospectus (DRHP) on Thursday to raise Rs 1,816 crore through the issue of fresh shares, along with an offer for sale of more than 54 million shares. This will make FirstCry only the second Indian vertical ecommerce company to go public…

  • Wipro files complaint against ex-US staffer who joined Cognizant

    Indian IT major Wipro has filed a complaint against a former senior executive for violation of a non-compete clause in his employment contract by joining Wipro’s direct competitor Cognizant before August this year. In its complaint, Wipro said Mohd Haque, who quit in June this year, had agreed to certain restrictions on his post-employment activities,…