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Business

Fitch Upgrades Oyo Parent's Outlook to Positive, Cites Deleveraging

Fitch Ratings upgraded the outlook for Oyo parent company Oravel Stays, now renamed Prism, from stable to positive due to expected deleveraging driven by EBITDA growth. Fitch affirmed the $830 million senior secured term loan rating at 'B' with a recovery rating of 'RR4'. Oyo's revenue is projected to grow 9-14% in FY27-28 after a 50% rise in FY26, supported by expansion in premium offerings and a large addressable market in unorganized hotels.

Business Standard·4h ago

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Politics

Judge Sends Letter to 10-Year-Old Rape Survivor After Life Sentence

A 10-year-old girl sexually assaulted at age seven will receive a personal letter from trial judge Rajani Ranga, who sentenced her attacker to life imprisonment. The Delhi High Court directed the District Legal Services Authority to deliver the letter and compensation to the survivor or her family. The judge praised the girl's bravery, acknowledged her lost childhood, and encouraged her to live fully despite the trauma.

News18·46m ago·Delhi

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Business

Gen-Z Employee's Reply to CEO Sparks Workplace Culture Debate

A viral story has ignited a new debate about workplace culture. Many young professionals and Gen-Z employees argue that companies expect loyalty like that of owners but are unwilling to offer anything in return. This exchange highlights growing tensions between employee expectations and corporate demands in modern workplaces.

News18Hi Business·48m ago

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Health

Delhi High Court Rules Disability Alone Can't Deny Reproductive Autonomy

The Delhi High Court ruled that disability alone cannot justify denying reproductive autonomy or approving removal of reproductive organs. The court emphasized that surgical interventions like hysterectomy should only be performed based on medical experts' advice, prioritizing the individual's welfare and dignity. This decision came during a plea by parents seeking hysterectomy for their differently-abled daughter who struggles with menstrual management.

Deccan Herald·41m ago·New Delhi

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Health

Medanta Buys Land in Ghaziabad for 350-Bed Hospital

Medanta's parent company, Health Limited, has acquired a 10,560-square-metre land in Ghaziabad, Uttar Pradesh, for approximately Rs 165.82 crore to build a 350-bed hospital. The project awaits statutory and board approvals. This expansion aims to strengthen Medanta's presence in Delhi-NCR, serving Ghaziabad and nearby areas like eastern Delhi, Meerut, and western Uttar Pradesh. The company currently operates six hospitals with 3,737 beds.

Business Standard·1h ago·Ghaziabad

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Politics

Cartoonist Satish Acharya Criticizes Government Over Instagram Account Block

Cartoonist Satish Acharya revealed that his Instagram account has been withheld in India without notice or reason, with some of his 2023 cartoons blocked. He criticized the Modi government for being fearful of cartoons, highlighting a recent cartoon depicting the Chief Election Commissioner dismissing dissenting commissioners' objections. Acharya's comments reflect ongoing tensions between the government and media cartoonists.

The News Minute·1h ago

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