Author: Chris Brown

SoftBank-backed Indian start-up Oyo files for $1.2 billion IPO

Indian hotel chain Oyo is getting to raise about 84.3 billion rupees ($1.16 billion) in an initial public offering, consistent with draft papers submitted to the country’s market regulator. Oyo plans to issue new shares worth up to 70 billion rupees while existing shareholders could sell shares worth up to14.3 billion rupees. a number of […]

Incorrect”: Government After Report On Tata Sons Winning Air India Bid

The government has denied media reports that Tata Group has won the bid for the debt-laden Air India. Bloomberg had reported earlier that salt-to-software conglomerate would re-acquire the national carrier quite half a century after ceding control to the govt . “Media reports indicating approval of monetary bids by Government of India within the AI […]

Circle rate waiver of 20% not enough to boost property sales in Delhi; stamp duty cut need of the hour, say experts

The Delhi government on February 5 decided to scale back the circle rates for residential, commercial and industrial property within the city by 20 percent flat until September 30, 2021. within the backdrop of the deadline ending today and reports that the govt may extend the waiver until New Year’s Eve , here’s a glance […]

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