• SENSEX
    NIFTY 50
big story

Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :7
W :346
L :3
W :89
NDA :353 | Need More Seats to win
Need 183 More Seats to win | UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
YSRCP
22
+
TMC
22
+
Other
53
VIDEOS
Business

Softbank-backed OYO commits Rs 1,400 crore to India expansion

Updated : March 12, 2019 08:52 PM IST

Hospitality chain, Oyo Hotels & Homes, which is present in 259 cities with 173,000 rooms, on Tuesday said it's committing Rs 1,400 crore to India expansion.

In an interview to CNBC-TV18's Syna Dehnugara, Aditya Ghosh, chief executive officer, India & South Asia, said the Softbank-backed OYO is adding 10,000 rooms a month on average in India.

The company currently has over 13,000 franchised or leased hotels and over 6,000 homes as a part of its network. OYO is now present in nine countries -- India, Nepal, China, Malaysia, Indonesia, the UAE, the UK, Philippines and Saudi Arabia.

Read the full transcript here.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV