Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

20 Dec, 2024,

75 1

Sterlite Power Secures ₹725 Crore Investment for GPS Business Expansion

Sterlite Power has raised ₹725 crore to bolster its Global Products and Services (GPS) division. The investment, led by GEF Capital Partners and ENAM Holdings, comes shortly after the company spun o ...

17 Dec, 2024,

115 3

HDFC Bank Reignites Talks with Mitsubishi UFJ Financial Group

HDFC Bank, India's leading private sector lender, has re-entered discussions with Mitsubishi UFJ Financial Group (MUFG), Japan's major financial institution, regarding a potential stake sale in its no ...

16 Dec, 2024,

350 2

Nuvama Wealth Acquires OYO Shares Worth Rs 100 Crore

In a significant secondary market transaction, Nuvama Wealth and Investment Limited has purchased shares worth Rs 100 crore in Oravel Stays Limited, the parent company of OYO. This acquisition, made o ...

13 Dec, 2024,

122 1

Bira 91 Partners with NH7 Weekender for a Historic Collaboration

Bira 91, one of India’s leading craft beer brands, has joined forces with NH7 Weekender, India’s longest-running multi-genre music festival, as the official beer partner for its 15th editi ...

11 Dec, 2024,

167 5

OYO to Establish Global Operations Hub in Jaipur: CEO Ritesh Agarwal

At the Rising Rajasthan Global Investment Summit 2024, Ritesh Agarwal, CEO and co-founder of OYO, announced plans to set up a global back office in Jaipur. This hub will serve as the operational backb ...

11 Dec, 2024,

92 3

Lava International Launches Yuva 4: A Budget Smartphone

Lava International Limited has introduced the Yuva 4, a smartphone designed to cater specifically to individuals entering the smartphone world. Priced competitively at ₹6,999, the Yuva 4 offers seve ...

07 Dec, 2024,

189 4

Oyo Secures $825 Million Loan to Drive Motel 6 Acquisition and Global Growth

Oyo, the global hospitality company, has secured a $825 million senior secured term loan through Deutsche Bank. This funding is set to support Oyo’s $525 million acquisition of Motel 6, its larg ...

07 Dec, 2024,

139 2

Moody's Upgrades Oyo Parent's Credit Rating and Highlights Positive Outlook

Moody’s Investors Service has elevated Oravel Stays Limited's corporate family rating (CFR), the parent entity of travel tech platform Oyo, from B3 to B2. The upgrade also applies to the senior ...

06 Dec, 2024,

152 4

Greenzo Energy Joins Hands with EODev to Bring Hydrogen Fuel Cell Power Generators to India

Greenzo Energy India Ltd. (GEIL), a prominent manufacturer of alkaline electrolyzers, has entered into a significant partnership with France-based EODev (Energy Observer Developments). The collaborati ...