MS Dhoni Invests in Home Interior Company HomeLane
03/08/2021 , by in ALLIED

HomeLane, a home interiors company has announced that it has entered a strategic partnership with former Indian cricket team captain, Mahindra Singh Dhoni. The partnership has been set for the next three years. Dhoni will partner with the brand as an equity partner as well as brand ambassador. Th... Read more...

Microsoft in Talks to Invest in Hotel Chain Oyo
Jul 2021 , by in ALLIED

Microsoft is in advanced talks to invest in Indian budget hotel chain Oyo. The size of the deal is not known, but the SoftBank-backed hotel start-up is valued at about $9 billion. The proposed deal may involve Oyo shifting to use Microsoft’s cloud services. Oyo raised $660 million in debt fundi... Read more...

India’s Steel Consumption Set to Break Records
Jul 2021 , by in ALLIED

India’s steel consumption is set to break records this year, reversing the performance in 2020 when demand crashed as the pandemic upended economic activity. Demand for steel is expected to surge 17% to 110 million tons in the year started April, according to Seshagiri Rao, joint managing director... Read more...

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