Articles for tag: Ahead, BJP, Challenges, Chief, Crucial, Declining, Elections, Highlighting, internal, Jakhars, panchayat, Political, Presence, Punjab, Resignation, Sparks, Sunil, Turmoil

September 27, 2024

Punjab BJP Chief Sunil Jakhar’s resignation sparks turmoil ahead of crucial panchayat elections, highlighting internal challenges and declining political presence.

Sunil Jakhar, the chief of the Punjab BJP, is reportedly stepping down just before the crucial panchayat elections set for October 15, 2024. His assistant has denied the rumors, stating that Jakhar has been busy and less active lately. Since the Lok Sabha elections in June, his political presence has significantly diminished, with his last ...

September 25, 2024

Market News

Business

Carrefour aims to expand in India with a cluster format, exploring quick commerce partnerships for enhanced retail presence.

Carrefour is gearing up for expansion in India by adopting a cluster format and exploring quick commerce opportunities. In an exclusive interview in Mumbai, Patrick Lasfargues, Carrefour’s International Partnership Executive Director, and Nilesh Ved, Chairman of the Apparel Group, discussed their strategic plans for the Indian Market. Currently, Carrefour operates 14,000 stores across 40 countries, ...

September 21, 2024

Market News

Business

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’s bold acquisition of G6 Hospitality for $525 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 ...

September 21, 2024

Market News

Business

OYO announces $525 million acquisition of Motel 6, enhancing its US presence and promising innovative hospitality solutions for travelers.

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 ...

September 9, 2024

Market News

Business

Ikea embarks on a bold expansion in India, targeting Delhi-NCR with smaller stores and increased online presence by 2025.

Ikea plans to expand its operations in India, focusing on new markets like Delhi-NCR. The company aims to open smaller stores ranging from 30,000 to 70,000 square feet in areas adjacent to its existing large stores. Starting with online sales in early 2025, Ikea will launch its first physical store in Gurugram by 2026. Currently, ...