Cochin International Airport To Open India’s Biggest Aero Lounge On September 1

Cochin International Airport (CIAL) is all set to introduce world-class facilities in a budget-friendly manner. Kerala’s Chief Minister Pinarayi Vijayan will inaugurate the aero lounge at CIAL on Sept 1. Affordable Luxury Concept There is an innovative ‘affordable luxury’ concept introduced here. The 0484 Aero Lounge prioritizes exceptional premium lounge experience at hourly rates.  This […]

CIAL Is Diversifying, Aims 1000 Crore From Non-Aviation Ventures  

Cochin International Airport Limited (CIAL) is now ambitiously expanding its operations beyond Aviation, aiming to generate Rs 1000 crore in revenue by non-aviation projects. This implies their efforts for financial growth beyond their traditional activities. Multiple Revenue Streams Beyond Aviation, CIAL is targeting multiple revenue streams and projects like real estate, commercial operations, and related […]

Oyo Acquires French Start-Up Check My Guest In Cash & Stock Deal

OYO, the global hospitality company, has recently expanded its portfolio by acquiring Checkmyguest, a Paris-based premium rental homes provider. The deal, valued at INR 230 Crore (approximately $27.4 Million), involves both cash and stock components. This strategic move follows closely on OYO’s recent funding round. The company raised INR 1,457 Crore (about $175 Million) in […]

Oyo Secures Rs 1457 Cr Funding, Ritesh Agarwal Invests

Oyo, a leading player in the hospitality industry, has successfully raised ₹1,457 crore (approximately $175 million) in a Series G funding round. This latest investment comes from a diverse group of investors, including InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma promoters, and ASK Financial Holdings. Strategic Investment Utilization Oyo plans […]

Oyo Posts First Ever Annual Profit Of Rs 229 Crore In FY 2024

Hospitality unicorn Oyo has reported its first-ever profit after tax (PAT) of about Rs 229 crore for the financial year 2023-24 (FY24), as revealed in its latest annual report. The company stated that this remarkable turnaround comes on the heels of eight consecutive quarters of positive Adjusted EBITDA, demonstrating the company’s sustained financial improvement. OYO […]

Vikram Solar Launches Latest HJT Bifacial Module Line

Vikram Solar is a leading global energy solutions provider and India’s largest PV module manufacturers based in Kolkata, West Bengal. Recently, it launched its new-generation Heterojunction (HJT) bifacial module line called Survaya. HJT is a cutting-edge solar cell manufacturing process that combines crystalline and amorphous silicon layers. This unique combination improves the cell’s ability to […]

Indian Beer Brand Bira Grab Awards Globally

Bira 91, a relatively new entrant into the Indian beer market, has been making waves domestically and internationally. Launched in 2015, the brand recently secured a staggering 9 awards at the prestigious World Beer Awards, cementing its position as a global contender in the craft beer industry.  Bira’s Performance at the World Beer Awards. The […]

What Is The Difference Between HDFC and HDFC Securities?

HDFC Bank is also India’s largest private sector bank by assets and the world’s tenth-largest bank by market capitalization as of May 2024. The Reserve Bank of India (RBI) has recognized HDFC Bank and ICICI Bank as Domestic Systematically Important Banks (D-SIBs). With a Market Cap of $145 billion, HDFC Bank is 3rd largest company […]

NSE Q1 FY 25 Results Analysis: PAT Grew by 39% YoY, Revenue By 51% 

The National Stock Exchange (NSE) recently released its FY 25 Q1 Results, showing significant growth in many financial metrics. This blog analyzes and explores the results. NSE’s Key Metrics  Revenue NSE Group’s total revenue in the quarter ending June ’24 increased by 47% from INR 3,357 crores to INR 4,950 crores. This significant rise showcases […]

Bira Building Influence- Setting Up India’s Largest Beer Factory

B9 Beverages is planning a shake-up in the beer industry. Backed by Kirin Holdings, the Indian Craft Beer Brand is ready to compete with global brands. Bira is planning to build a $70 Million Beer Factory going in before launching its IPO by 2026. Bira Is Expanding Production Capacity B9 Beverages India is planning to […]

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