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.
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.
Oyo, one of the larger startups in Softbank’s portfolio, was recently valued at $10 billion, but business has been crushed by the pandemic while operational missteps soured hotel partnerships.
Oyo, one of the larger startups in the SoftBank Group’s portfolio, was struggling to restructure and whittle down loss-making operations even before the pandemic obliterated travel.
In 'white paper', CM says state’s own revenues almost entirely consumed by salaries, while central funds service debt & interests. ‘State has to borrow even to fund basic welfare schemes.’
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
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