The proposal comes as popular tourist destinations such as Paris, Venice and Barcelona blame Airbnb for aggravating housing shortages by pushing out lower-income residents.
In a series of tweets, Airbnb CEO Brian Chesky announced cost of Afghan refugees' accommodation will be borne by the company. However, no clear time frame for the programme was announced.
The company is currently planning to price its IPO on 9 December. Ahead of it, the home-rental platform and some shareholders are offering 51.9 million shares at $44-$50 apiece.
Until now, the Bobby cottage in Kashmir, Dil Chahta Hai fort in Goa, and Pangong lake in 3 Idiots were famous tourist attractions. Gauri Khan-designed home has entered the club.
Airbnb website took advantage of the shift in customer behavior — avoiding international air travel and renting homes nearby — and started showing more local offerings.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
COMMENTS