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  1. Fitch upgrades rating of OYO's parent company Oravel Stays

    Fitch upgrades rating of OYO's parent company Oravel Stays

    New Delhi, Fitch Ratings on Monday announced it has upgraded the ratings of Oy parent firm Oravel Stays, citing the hospitality company's improved financial profile.According to a statement, Fitch has raised Oravel Stay's long-term foreign and local currency issuer default ratings to 'B' from...
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    • 1 min read
    • cash debt ebitda financial fitch leverage liquidity million oravel oyo's raised rating ratings upgrade us$195
    • Category: Business & Economy
  2. Ixigo gets SEBI nod for IPO after Oyo withdraws papers

    Ixigo gets SEBI nod for IPO after Oyo withdraws papers

    Ixigo had re-filed its draft red herring prospectus (DRHP) with the market regulator to raise Rs 120 crore through fresh issue and offer for sale (OFS of up to 66,677,674 equity shares).ixigo, operated by Le Travenues Technology Ltd, posted revenue of Rs 491 crore from operations with a profit...
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    • 1 min read
    • company crore draft expects herring interest ixigo market million oravel raise re-filed refinancing regulator stays
    • Category: Business & Economy
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