OYO acquires Denmark-based holiday home operator Bornholmske Feriehuse
NEW DELHI: Travel and hospitality technology platform OYO on Tuesday said it has acquired Denmark-based holiday home operator Bornholmske Feriehuse for an undisclosed sum. Based out of Bornholm island in Denmark, Bornholmske Feriehuse has 737 holiday homes spread over 30 holiday parks on its platform and expects to clock more than 2.5 lakh guest nights […]
HDFC gets National Housing Bank nod for merger with subsidiary bank
NEW DELHI: Mortgage major HDFC has received approval from the National Housing Bank (NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday. The NHB has also approved the merger of two wholly-owned subsidiaries — HDFC Investments and HDFC Holdings Limited — of the housing finance company with HDFC, the filing […]
Indian visitors to Dubai more than double to 858,000 in January-June 2022
NEW DELHI: The number of Indian visitors to Dubai rose more than twofold to 8.58 lakh during January-June 2022 compared to the year-ago period, according to the Dubai’s Department of Economy and Tourism (DET). In the first half of 2021, over 4.09 lakh people from India visited Dubai, the DET data showed. Overall, Dubai attracted […]
Talks on free trade agreement with UK moving at faster pace: Piyush Goyal
NEW DELHI: Negotiations for the proposed free trade agreement between India and the UK is progressing at a faster pace, commerce and industry minister Piyush Goyal said on Tuesday. The agreement is aimed at boosting bilateral trade and investments between the two countries. India has signed a trade pact with the UAE in a “record” […]