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Oyo, With 27-Year-Old Founder, Files For $1.2 Billion IPO Next Week: Report

Posted on Posted in Business by 37 views

SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion, a source told Reuters on Thursday. The hotel aggregator is looking to list in India’s financial capital of Mumbai and its IPO is tentatively pegged…

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Government Won’t Buy Pfizer, Moderna Shots As Local Output Jumps: Report

Posted on Posted in News by 34 views

New Delhi:  India will not buy COVID-19 shots from Pfizer/BioNTech and Moderna, three government sources told Reuters, mainly because domestic output of more affordable and easier-to-store vaccines has jumped. That essentially means the globally popular vaccines, which their makers have pledged not to sell to…

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