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Oyo Hotel
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian Multinational corporation, multinational List of chained-brand hotels, hospitality chain of leased and franchised hotels, homes, and living spaces, headquartered in Gurgaon. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries. History In 2012, Ritesh Agarwal launched Oravel Stays as a budget accommodation listing and booking website, later renamed to OYO in 2013. Shortly after launching Oravel Stays, Ritesh Agarwal received a grant of United States dollar, $100,000 as part of the Thiel Fellowship, a two-year program from PayPal co-founder Peter Thiel. In November 2015, Oyo signed a term sheet to acquire Zostel's Zo Rooms in an all-stock deal which would give Zostel's founders and investors a combined 7% stake in Oyo. In February 2016, Oyo's biggest stakeholder S ...
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Thiel Fellowship
The Thiel Fellowship (originally named 20 under 20) is a Scholarship, fellowship created by billionaire Peter Thiel through the Thiel Foundation in 2010. The fellowship is intended for students aged 22 or younger and offers them a total of $200,000 over two years, as well as guidance and other resources, to Dropping out, drop out of school and pursue other work, which could involve scientific research, creating a startup, or working on a social movement. Selection for the fellowship is through a competitive annual process, with up to 20 fellows selected annually. History Peter Thiel announced the fellowship at TechCrunch Disrupt in September 2010. The first round of fellows, based on applications made at the end of 2010, was announced in May 2011. The second round of fellows, based on applications made at the end of 2011, was announced in June 2012. That year, the fellowship launched a website called "20 Under 20 Documentary Series" that features an online documentary series ...
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Delhi High Court
The High Court of Delhi ( Hindustani: दिल्ली उच्च न्यायालय; ''dillī uchcha nyāyālaya'') is the high court in Delhi, India. It was established on 31 October 1966, through the ''Delhi High Court Act, 1966.'' Below it are 11 Subordinate Courts that oversee smaller judicial districts. The court gets its powers from Chapter V in Part VI of the Constitution of India. History Established in 1919, the High Court of Judicature at Lahore exercised jurisdiction over the then provinces of Punjab and Delhi. This continued until the Indian Independence Act 1947, establishing the dominions of India and Pakistan. On 15 August 1947 the High Courts (Punjab) Order, 1947 established a new High Court for the territory of what was then East Punjab. The India (Adaptation of Existing Indian Laws) Order, 1947 provided that any reference in an existing Indian law to the High Court of Judicature at Lahore, be replaced by a reference to the High Court of East Punja ...
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Capital Structure
In corporate finance, capital structure refers to the mix of various forms of external funds, known as capital, used to finance a business. It consists of shareholders' equity, debt (borrowed funds), and preferred stock, and is detailed in the company's balance sheet. The larger the debt component is in relation to the other sources of capital, the greater financial leverage (or gearing, in the United Kingdom) the firm is said to have. Too much debt can increase the risk of the company and reduce its financial flexibility, which at some point creates concern among investors and results in a greater cost of capital. Company management is responsible for establishing a capital structure for the corporation that makes optimal use of financial leverage and holds the cost of capital as low as possible. Capital structure is an important issue in setting rates charged to customers by regulated utilities in the United States. The utility company has the right to choose any capital ...
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Securities And Exchange Board Of India
The Securities and Exchange Board of India (SEBI) is the Regulatory agency, regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance (India), Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given Statutory body, statutory powers on 30 January 1992 through the Securities and Exchange Board of India Act, 1992, SEBI Act, 1992. History The Securities and Exchange Board of India (SEBI) was first established in 1988 as a non-statutory body for regulating the securities market. Before it came into existence, the Controller of Capital Issues was the market's regulatory authority, and derived power from the Capital Issues (Control) Act, 1947. SEBI became an autonomous body on 30 January 1992 and was accorded Statutory body, statutory powers with the passing of the SEBI Act, 1992 by the Parliament of India. It has its headquarters at the Central business distr ...
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Aziz Mushabber Ahmadi
Aziz Mushabber Ahmadi (25 March 1932 – 2 March 2023) was an Indian judge who was the 26th Chief Justice of India. After serving as a judge in the Gujarat High Court, Ahmadi was appointed judge to the Supreme Court in 1988. He was then elevated to the post of Chief Justice, and served from 1994 to 1997. He served as chancellor at the Aligarh Muslim University for two terms. Judicial career Having received Bachelor of Laws (LL.B.), Ahmadi joined the bar in 1954. He eventually was appointed judge to the City Civil & Sessions Court of Ahmedabad in 1964. During this time, Ahmadi was appointed secretary of the legal affairs of the state of Gujarat in 1974, which soon led to an appointment as judge of the Gujarat High Court in 1976. As judge of the Gujarat High Court, Ahmadi worked as chairman of various advisory boards for: *Conservation of Foreign Exchange and Prevention of Smuggling Activities *Prevention of Black Marketing *Maintenance of Supplies of Essential Commodities. ...
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Chief Justice Of India
The chief justice of India (CJI) is the chief judge of the Supreme Court of India and the highest-ranking officer of the Indian judiciary. The Constitution of India grants power to the President of India to appoint, as recommended by the outgoing chief justice in consultation with other judges, (as envisaged in Article 124 (2) of the Constitution) the next chief justice, who will serve until they reach the age of 65 or are removed by the constitutional process of impeachment. As per convention, the successor suggested by the incumbent chief justice is most often the next most senior judge of the Supreme Court. However, this convention has been broken twice. In 1973, Justice A. N. Ray was appointed, superseding three senior judges, and in 1977 when Justice Mirza Hameedullah Beg was appointed as Chief Justice, superseding Justice Hans Raj Khanna. As head of the Supreme Court, the chief justice is responsible for the allocation of cases and appointment of constitutional benc ...
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Supreme Court Of India
The Supreme Court of India is the supreme judiciary of India, judicial authority and the supreme court, highest court of the Republic of India. It is the final Appellate court, court of appeal for all civil and criminal cases in India. It also has the power of Judicial review in India, judicial review. The Supreme Court, which consists of the Chief Justice of India and a maximum of fellow 33 judges, has extensive powers in the form of original jurisdiction, original, appellate jurisdiction, appellate and Advisory opinion, advisory jurisdictions. As the apex constitutional court, it takes up appeals primarily against verdicts of the List of High Courts of India, High Courts of various states and tribunals. As an advisory court, it hears matters which are referred by the President of India#Judicial powers, president of India. Under judicial review, the court invalidates both ordinary laws as well as Amendment of the Constitution of India, constitutional amendments as per the basi ...
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Binding Agreement
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or equitable remedies such as specific performance or rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jurisdictions, civil law jurisdictions, or mixed-law jurisdictions that combine elements of bot ...
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Zostel
Zostel is a hostel chain with over 60 locations across India and Nepal History Zostel Hospitality Pvt. Ltd was established in August 2013 by seven co-founders, who initiated their venture with the launch of the first Zostel in Jodhpur, Rajasthan on 15 August 2013. ZO Rooms In November 2014, the founders launched a new project called ZO Rooms, which aimed to provide budget-friendly hotel accommodations and aggregate hotel rooms. There were reports that ZO Rooms was acquired by rival OYO Rooms, in an all-stock deal in December 2015, which was later denied by OYO. Zostel offers various accommodation options such as dormitories A dormitory (originated from the Latin word ''dormitorium'', often abbreviated to dorm), also known as a hall of residence, a residence hall (often abbreviated to halls), or a hostel, is a building primarily providing sleeping and residential qu ... and private rooms.{{Cite web , title=Discover Affordable Adventure: Embrace Zostel Lonavala's Charm! p ...
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Term Sheet
Term may refer to: Language *Terminology, context-specific nouns or compound words **Technical term (or ''term of art''), used by specialists in a field ***Scientific terminology, used by scientists *Term (argumentation), part of an argument in debate theory Law and finance *Contractual term, a provision in a contract **Credit repayment terms **Payment terms, "net ''D''" on a trade invoice **Purchase order#Legal, Purchase order, invoice terms more generally *Term life insurance Lengths of time *Academic term, part of a year at school or university *Term of office, a set period a person serves in an elected office *Term of patent, the period of enforcement of patent rights *Term of a pregnancy *Prison sentence Mathematics and physics *Term (logic), a component of a logical or mathematical expression (not to be confused with term logic, or Aristotelian logic) **Ground term, a term with no variables *Term (arithmetic), or addend, an operand to the addition operator **Term of a summ ...
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Business Insider
''Business Insider'' (stylized in all caps: BUSINESS INSIDER; known from 2021 to 2023 as INSIDER) is a New York City–based multinational financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the international publishing house Axel Springer. It operates several international editions, including one in the United Kingdom. ''Insider'' publishes original reporting and aggregates material from other outlets. it maintained a liberal policy on the use of anonymous sources. It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but has also been criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million), implying a total valuation of $442 million. From ...
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