Oyo

Oyo's $525M Acquisition: A New Chapter in Global Hospitality

Boosting its international presence, Indian hospitality major Oyo's parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on Friday. Sep 21, 2024
Apple iPhone 16 being launched globally from Indian factories: Ashwini Vaishnaw

'Made in India' iPhone 16 pre-orders skyrocket; set to shatter export records

Apple's 'Made in India' iPhone 16 has seen a surge in pre-orders, with the iPhone 16 Pro models witnessing strong traction due to strategic pricing. The Indian government's push for local manufacturing has played a significant role in the iPhone 16's success, with models being manufactured and assembled in India. Sep 19, 2024