Oyo to bring 50% smaller IPO as markets sag

Mumbai, 18/2: Oyo, the high-profile affordable lodging startup that filed for an initial public offering last year, is considering slashing its fundraising target by half or even shelving the debut, according to people familiar with the matter.     Faced with headwinds including slumping stock markets, Oyo-operator Oravel Stays Ltd. could clip its Indian IPO…

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Kremlin rejects top UN court order to halt Ukraine offensive

Moscow, 17/3The Kremlin on Thursday rejected an order by the UN’s top court for Russia to suspend the military offensive in Ukraine, a day after judges in The Hague announced their ruling.     “We cannot take this decision into account,” Kremlin spokesman Dmitry Peskov said, adding that both parties—Russia and Ukraine—had to agree for…

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BJD delegation demands strict action against MLA Tara Prashad Bahinipati

Bhubaneswar, 16/3:In a big development, BJD delegation submitted memorandum with State Election Commission today demanding strict action against Jeypore MLA Shri. Tara Prasad Bahinipati for violating Model Code of Conduct guidelines by threatening Govt officials inside the Koraput Municipality as well as threatening to break the Koraput Municipality office after two days. His threats have…

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