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India’s 25-Year-Outdated Hotel Billionaire Eyes A US Growth

In October, the company raised one other $1.5 billion, together with a $700 million investment from Agarwal, who now owns a 30% stake in the company. Agarwal additionally purchased $1.3 billion worth of present shares from traders Lightspeed Enterprise Companions and Sequoia Capital. OYO said the investment would help drive its enlargement efforts.

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“The science is crystal clear however the response isn’t. Buyers must use their affect to push decision makers to make the daring emission reductions required to limit the most severe consequences of climate change,” Wai-Shin Chan, international head of environmental, social and governance research at HSBC (HSBC), informed Reuters.

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