< Back OYO to acquire US’ G6 Hospitality for $525 million 24 Sept 2024 Blackstone Real Estate owns G6 Hospitality, which has brands like Motel 6 and Studio 6 under its umbrella. Oravel Stays, the parent of the Indian hospitality giant OYO, launched in the US in 2019 and swiftly expanded to 320 hotels across 35 states. Last year, OYO added almost 100 hotels and planned to add 250 more this year. It has now agreed to acquire G6 Hospitality from Blackstone Real Estate for ₹4,383 crore or USD 525 million in an all-cash deal. Motel 6 is an over-60-year-old brand that operates around 1500 properties in the US and Canada. It generates $1.7 billion in room revenue annually, which creates a strong fee structure and cash flow for its parent, G6. OYO’s comprehensive technology offerings, global distribution network, and marketing expertise will help both Motel 6 and Studio 6 brands grow. The deal is expected to close in early 2025, subject to certain conditions. Motel 6 will continue to operate as a separate entity after the acquisition. Previous Next

< Back New data law mandates age verification for all companies Ishita Nigam 16 Oct 2023 Not only social media or edtech platforms but all companies will have to deploy age gating mechanisms for website visitors. The Digital Personal Data Protection Act, 2023 (DPDPA) mandates that all companies besides social media and edtech platforms deploy age gating or verification mechanisms for all customers to ensure minors don’t browse online without parental consent. The law specifies that personal data of kids and persons with disabilities should be processed only with parental or guardian consent. The age gating clause stipulates that companies must know who visits them online and secure their verifiable consent. This has triggered a series of doubts among businesses. Industry experts translate this as all companies must deploy age gating measures involving a three-step verification of the child’s age, the parental identity, and proving that the two are related. Another popular question is whom to approach for parental consent – the father or the mother, as government IDs usually have the father’s name as the listed parent. Previous Next

On craint que plus de 500 produits fabriqués par TreeHouse Foods aux États-Unis et au Canada soient contaminées par la listeria. < Back Gaufres surgelées rappelées aux États-Unis et au Canada On craint que plus de 500 produits fabriqués par TreeHouse Foods aux États-Unis et au Canada soient contaminées par la listeria. Les gaufres congelées sont rappelées par de nombreuses marques telles que Walmart's Great Value, Target's Good & Gather, Aldi's, Food Lion, Dollar General, Tops, Hannaford, H-E-B, Publix, PriceChopper, Shnucks, Harris Teeter et Southeastern Grocers aux États-Unis et au Canada. Parmi ces produits, citons les gaufres au babeurre Clover Valley 12,3 oz, les gaufres Best Choice 12,3 oz aux pépites de chocolat, les gaufres maison Good and Gather 12,3 oz, les gaufres Good and Gather 12,3 oz au babeurre, et Tops 12,3 oz aux bleuets. TreeHouse Foods a publié une alerte demandant aux consommateurs de vérifier s’ils possèdent les produits concernes dans leur congélateur et de les jeter ou de les renvoyer au magasin pour obtenir un crédit. La Food and Drug Administration (FDA) des États-Unis et l’Agence canadienne d’inspection des aliments (ACIA) sont impliquées dans ce rappel. Aucun cas d’infection par la listeria n’a encore été enregistré. Previous Next

< Back Bharat Taxi service to launch in Delhi on Jan 1st 23 Dec 2025 It will be India’s first cooperative taxi service, conceptualised and supported by the central government. To offer relief from peak-hour surcharges of ride-hailing apps, the Sahakar Taxi Cooperative Limited will launch Bharat Taxi in Delhi on January 1 st . It is a multi-state cooperative project headed by Amul’s Managing Director, Jayen Mehta, and registered under the Multi-State Co-operative Societies Act, 2002 (MSCS Act). It will offer car, auto-rickshaw, and bike rides at fixed rates, which means no surge pricing during peak hours, late nights, or holidays. Over 51,000 drivers have registered on the app. Its safety features include integration with Delhi Police and other agencies, verified driver onboarding, and the option for users to share ride details with their contacts during the journey. It will run on a zero-commission, driver-owned cooperative model that will improve drivers’ working conditions. The drivers will receive around 80% of the fare directly through monthly credits. This is being touted as higher than what other cab aggregators pay their drivers. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Safran opens world’s largest LEAP engine MRO facility in Hyd 27 Nov 2025 It is a €200 million investment, expected to create 1,100 jobs. Prime Minister Narendra Modi inaugurated French aerospace and defence major Safran’s CFM LEAP engine maintenance, repair and overhaul (MRO) facility in Hyderabad on Wednesday. Safran invested €200 million in setting up the 45,000 sqm facility at GMR Aerospace and Industrial Park – SEZ. It will be able to serve 300 CFM LEAP engines for civil aircraft and will have a next-gen test bench, creating 1,100 highly skilled jobs at full capacity. Safran’s MRO setup will also power the M88 military engine MRO used in Rafale jets. This facility, built for ₹400 crore, will have a capacity of 600 engine modules per year and employ 150 people. This is the first global OEM deep-level servicing MRO facility, and the largest in the world. 85% of MRO work has always been done outside India, making it expensive and time-consuming and leaving aircraft grounded for prolonged periods. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Indians can now cancel, modify air tickets within 48-hour 2 Mar 2026 The Directorate General of Civil Aviation (DGCA) revised norms after rising complaints about delayed refunds and disruptions in late 2025. The Indian passengers now have a 48-hour “Look‑in” window to cancel or modify air tickets without extra charges, making air travel more flexible and consumer-friendly. The DGCA’s revised norms require airlines to allow free changes or cancellations within this period, except for fare differences when shifting to another flight. Airlines must also permit name corrections within 24 hours at no additional cost. This benefit applies only if the booking is made directly on an airline’s website and the flight is at least 7 days away for domestic or 15 days for international travel. Refund responsibility lies with airlines even when tickets are booked through travel agents, and all refunds must be processed within 14 working days . The rules also address medical emergencies , allowing refunds or credit shells when passengers or immediate family members are hospitalised during the travel period. Check out my new book, THE BLACK FLAMES . A gripping, high-stakes mystery. Previous Next

< Back Crypto traders in tier 2,3 cities overtaking metros 20 Jan 2025 Kolkata and Botad (Gujarat) entered the list of top 10 cities for crypto traders in India. Over two-thirds of the Indian population is below 35 years (2022). Besides Delhi-NCR, Bengaluru, Mumbai, Hyderabad, and Pune, smaller cities like Jaipur, Thane, Lucknow, and new entrants Kolkata and Botad (Gujarat) have seen the number of cryptocurrency investors spike recently. While three-fourths of the investors fall below the age of 35, the generation from 36 years and above forms up to 28% of the investor base in India. Profit potential and blockchain technology combined with enhanced access to the internet and smartphones attract the younger generation to crypto trading. Also, cryptocurrencies allow users to transact without relying on a regulatory authority and are more secure. Indians invest mainly in Layer-1 tokens, Decentralised Finance or DeFi tokens, Meme and Gaming and Layer-2 tokens. As per a CryptoQuant survey, 60% of Crypto traders fall between 25-44, invest less than $10,000 annually, and Asia leads the global market with 40% of users. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next

< Back Tata Motors splits commercial and passenger vehicle businesses 5 Mar 2024 Its passenger vehicle business includes UK-based luxury car unit Jaguar Land Rover (JLR). Tata Motors decided to split commercial and passenger vehicle businesses into separate entities to enhance focus and efficiency and leverage the different opportunities offered by each vertical. The demerger may take between 12 to 15 months to complete. After the split, one company will house all passenger(PV) and electric vehicles (EV), JLR businesses, and all related investments. The commercial vehicles and associated investments will be pulled under another brand name. On January 30th, 2024, Tata Motors overtook Maruti Suzuki to become the country’s most valuable vehicle manufacturer after seven years. It is also the market leader in the commercial vehicles (CV) domain, where it manufactures trucks, vans, and buses. JLR currently accounts for 70% of Tata Motor’s overall revenue. It helped the company report its first annual profit in the Financial Year 2022-2023 after five years. This demerger reflects Tata’s confidence in its PV vertical to thrive in that domain. Previous Next

< Back Mamaearth goes global, to launch IPO soon Ishita Nigam 18 Oct 2023 The personal care brand received SEBI nod for IPO. It also plans to expand to Thailand, Vietnam, Malaysia, and Bangladesh. Big plans in the offing for personal care brand Mamaearth that plans to expand to more international markets in Thailand, Vietnam, Malaysia, and Bangladesh through channel partners. It is already present in the UAE, Singapore, Mauritius, Maldives, and Nepal through ecommerce marketplaces, modern trade, and own website. It's presence in the UAE helps cater to the markets in West Asia and North Africa. Its parent company, Honasa consumer also owns The Derma Co, that crossed ₹350 crores in annual revenue in the quarter ending June 2023. Mamaearth also received SEBI nod to launch its IPO. It is doing roadshows and meeting investors to weigh interest in its public offering. It was last valued at $1.2 billion after raising $52 million in January 2022. It now plans to issue fresh shares worth ₹400 crores and an Offer For Sale component for 46.82 million shares. Previous Next

< Back ISRO launches LVM-3 rocket with US’ BlueBird satellite 24 Dec 2025 At 6,100 kg, the American-made BlueBird Block-2 satellite is the heaviest satellite ever launched by India. On December 24 th , the Indian Space Research Organisation (ISRO) successfully launched the US’ BlueBird Block-2 satellite using its LVM-3 rocket into the earth’s lower orbit. Built by AST SpaceMobile, this satellite is part of a global Low Earth Orbit (LEO) constellation, which provides direct-to-smartphone broadband. It enables 4G/5G connectivity without special devices or ground stations. This mission marks ISRO’s third fully commercial LEO launch using LVM-3. It strengthens India’s global position and enhances the nation’s heavy-lift capabilities at a lower price than international players. This is LVM-3’s ninth successful mission. It was previously used for Chandrayaan-2 and Chandrayaan-3, as well as the OneWeb satellite launch. Its upgraded version will be used for India’s first human spaceflight mission, Gaganyaan. India is planning to build its first space station – Bharatiya Antariksh Station (BAS). It will be a 52-tonne modular space station, orbiting at around 450 km above the Earth. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Russia accepts all of India’s demands in Su-57 fighter deal 19 Nov 2025 It accepted all of India’s demands and offered full technology transfer, including AESA radar, engines, AI elements, optics, and low-signature tech. The deal involving Su-57 stealth fighters is part of a six-decade Indo-Russian defence partnership. Russia is offering direct deliveries of the fighter planes, assistance for local production, and joint development that will make India a co-designer and a co-producer of the aircraft. India’s demands that Russia unconditionally accepted are: Full technology transfer: Unrestricted access to the fifth generation fighter technologies. Integration of Indian weapons: Su-57 should be able to integrate and carry homegrown systems like Astra missiles and other indigenous payloads. Licensed local production: Russia responded with a phase-wise shift of Su-57 production to India. Joint development of a two-seat variant: Russia agreed to co-develop this new variant to suit Indian needs. Independent upgrade prospects: India wanted the possibility to independently upgrade the tech in the future, and Russia agreed to a long-term collaboration. Rostec CEO Sergey Chemezov announced it during Dubai Air Show 2025. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes novel. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back SEBI invites financial influencers to register, stick to guidelines Ishita Nigam 22 Sept 2023 SEBI limited the number of interactions between its regulated entities and unregistered finfluencers. It plans to ban unregistered finfluencers from partnering with mutual funds and stockbrokers from promotional activities. Striking a whiplash on financial influencers, or finfluencers, the Securities and Exchange Board of India (SEBI) proposed new guidelines on August 25th.. It invited all finfluencers to register before partnering with SEBI-registered financial businesses for marketing or knowledge-sharing through social media posts. It asked registered entities not to share confidential information with unregistered finfluencers and companies. It intends to disrupt the referral-based commission system that forms a significant revenue model for the finfluencers. However, it will allow registered entities a limited number of referrals. So, only those certified by SEBI can become financial gurus. It is bound to curb the mushrooming of financial advisors offering misleading or biased financial advice to lure customers. SEBI has already banned finfluencers like P.R. Sundar, with a million followers, from the securities market for providing investment advisory without proper registration and asked him to pay back over ₹ 6 crore fees and interest. Previous Next