Global media also covers Jaishankar's characterisation of India-China relations as based on 'mutual respect, sensitivity, and interests', alongside Oyo's new moralistic policy.
By bringing smaller hotels under OYO banner and establishing SOPs for basic amenities, Ritesh Agarwal revolutionised India's budget hospitality industry and became a billionaire in the process.
In ‘Unlocking Unicorn Secrets’, Kushal Lodha and Ishan Sharma captures the entrepreneurial journey of India’s new-age founders and the challenges they faced.
Competition watchdog slapped Rs 392 cr fine on MakeMyTrip-Goibibo & OYO, ordering them to stop uncompetitive practices. Consumers to gain from move in terms of better booking experience.
Oyo, backed by SoftBank Group & Airbnb, plans to raise Rs 7,000 cr through sale of new shares. The rest will be secondary shares or those sold by existing stockholders.
The proposed initial public offer plan of the hospitality firm follows the success of Zomato's IPO that ended with bumper oversubscription on 16 July, the biggest since March 2020.
Oyo carries a valuation of $9.6 billion after Microsoft's investment, third in the country behind Byju’s and Paytm. The startup is due to file IPO documents in the coming weeks.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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