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
This is right time to be in India, PM Modi tells global semiconductor leaders

PM Modi urges global semiconductor leaders: 'Now is the time to invest in India'

PM Modi invites global semiconductor leaders to invest in India's manufacturing sector. He highlights India's integrated ecosystem, ease of business, and large talent pool. The government supports the industry with the 'Anusandhan fund' and plans for an 85,000-strong workforce. This step aims to make India a global hub for semiconductor manufacturing. Sep 11, 2024