 "OYO’s bold acquisition of G6 Hospitality for 5 million marks a pivotal expansion in its U.S. presence, enhancing Motel 6’s legacy.")
OYO, the global travel technology firm, is expanding its presence in the U.S. by acquiring G6 Hospitality, which includes Motel 6 and Studio 6, for $525 million in cash. Since entering the U.S. Market in 2019, OYO has grown to operate over 320 hotels and plans to add another 250 in the coming year. This ...
 "Amrut Distilleries launches Bella, a groundbreaking jaggery-distilled rum, celebrating 75 years of innovation in India’s alcobev industry.")
Amrut Distilleries, the Bengaluru-based alcobev leader, has launched Bella, a unique single rum distilled from nutrient-rich jaggery sourced from the Western Ghats and Mandya, Karnataka. This smooth rum has been aged for six years in ex-bourbon barrels, showcasing flavors of coconut, vanilla, and a hint of citrus, culminating in a sweet almond finish. Priced at ...
OYO, an IPO-bound travel tech platform based in India, has agreed to buy the Motel 6 and Studio 6 hotel brands from Blackstone Real Estate for $525 million in an all-cash deal. This acquisition aims to enhance OYO’s presence in the US Market, where it currently operates over 320 hotels. The deal is expected to ...
 "Overseas funds are surging back into India’s trillion market, driven by political stability and promising growth prospects.")
Overseas funds are making a strong comeback in Indian stocks, as net foreign purchases reach $8.5 billion this quarter, the highest since mid-2023. Investors are encouraged by Prime Minister Narendra Modi’s stable government and India’s growing economy, which is set to become the third-largest globally by 2028. Despite Indian equities being pricier than many emerging ...
 "Junior doctors partially resumed duties after a 42-day strike, demanding justice for a murdered colleague in Kolkata.")
Junior doctors in West Bengal have partially resumed their duties at government hospitals after a 42-day strike protesting the tragic rape and murder of a fellow doctor at RG Kar Medical College. While they are back to work in essential and emergency services, outpatient departments remain closed. A representative of the doctors stated that their ...
 "General Motors recalls over 449,000 vehicles due to brake warning light failure, risking serious crashes, with free software updates available.")
General Motors is recalling over 449,000 SUVs and pickup trucks due to a potential issue with the electronic brake control module software. The software may not display a warning light if there is a loss of brake fluid, which could lead to reduced braking performance and increase the risk of accidents. Affected models include the ...
 "PM Modi embarks on a pivotal US visit, aiming to strengthen Quad ties and address global challenges at the UN.")
Prime Minister Narendra Modi is visiting the United States for three days to attend the Quad Leaders’ Summit and the UN’s “Summit of the Future.” He emphasizes that the Quad, comprised of India, the US, Australia, and Japan, plays a crucial role in promoting peace and prosperity in the Indo-Pacific region. Modi looks forward to ...
 "A security fail resulted in a July assassination attempt on Trump, highlighting critical communication breakdowns that endangered his life.")
A recent report reveals serious communication failures between the Secret Service and local law enforcement before a July assassination attempt on former President Donald Trump. The report outlines missed opportunities to prevent the attack, where a gunman fired from a roof during a campaign rally in Butler, Pennsylvania, injuring Trump. It highlights issues such as ...
 "Piyush Goyal calls for urgent review of India’s FTA with ASEAN to protect domestic industries and ensure balanced trade.")
India’s Commerce and Industry Minister Piyush Goyal has stressed the need to address the concerns of domestic industries affected by the existing free trade agreement (FTA) with the 10-nation ASEAN bloc. During a review meeting in Laos, he highlighted inequities in tariff liberalization and emphasized the urgency of upgrading the India-ASEAN Free Trade Agreement in ...
 "Atishi Marlena is set to become Delhi’s chief minister following Kejriwal’s resignation, amid party tensions and ongoing political turmoil.")
Atishi Marlena, an Aam Aadmi Party (AAP) leader, is set to be sworn in as the new Chief Minister of Delhi during a ceremony at Raj Niwas this Saturday evening. The official timing is still pending as the resignation of outgoing Chief Minister Arvind Kejriwal and the formation of the new government are being finalized. ...
