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PRISM moves to raise share capital

Mint Chennai

|

October 31, 2025

Initial public offering (IPO)-bound OYO's parent firm PRISM has initiated a fresh round of corporate actions, including an increase in its authorised share capital as part of its preparations for a potential public listing, sources said on Thursday.

In August, PTI had reported that OYO plans to file its draft red herring prospectus in November, eyeing a $7-8 billion valuation for its IPO, according to people.

MÁS HISTORIAS DE Mint Chennai

Mint Chennai

Mint Chennai

Sebi fee revamp to put AMC margins, agent pay at risk

Proposed rule may impact larger funds more as they already operate with slimmer margins

time to read

3 mins

November 01, 2025

Mint Chennai

Mint Chennai

Been there, loved that

STREAM OF STORIES

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4 mins

November 01, 2025

Mint Chennai

Fiscal deficit in control despite public capex rise

Fiscal deficit at ₹5.73 trillion in April-September 2025, 36.5% of full-year target

time to read

2 mins

November 01, 2025

Mint Chennai

Mint Chennai

Walking through Bangkok's everyday theatres

Two walking tours provide a glimpse of daily life in Bangkok, far from the city’s malls and glamorous nightlife

time to read

4 mins

November 01, 2025

Mint Chennai

Mint Chennai

Apple sets India revenue record on iPhone 17 surge

The company has now logged 14 consecutive quarters of record iPhone sales in the country

time to read

2 mins

November 01, 2025

Mint Chennai

Mint Chennai

Ladakh's lodges we community into tou

Several hospitality providers in Ladakh are empowering communities, reviving crafts, and funding conservation, even as they take a mindful approach to tourism

time to read

6 mins

November 01, 2025

Mint Chennai

Mint Chennai

Tata, Reliance, Adani outspend Big Tech on digital factories

In a striking inversion of global trends, Indian’s largest businesses are poised to out-invest Silicon Valley's giants in the country’s data centre build-out.

time to read

1 mins

November 01, 2025

Mint Chennai

Mint Chennai

Big Tech is spending more than ever on artificial intelligence and it’s still not enough

Silicon Valley's biggest companies are already planning to pour $400 billion into artificial intelligence efforts this year. They all say it’s nowhere near enough.

time to read

3 mins

November 01, 2025

Mint Chennai

Air India seeks $1.1 bn lifeline from Tatas, SIA

Air India is seeking at least ₹100 billion ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the matter.

time to read

1 min

November 01, 2025

Mint Chennai

Mint Chennai

When little details capture reality

There is a quiet gravitas to the works on display across the two floors of Art Alive Gallery in Delhi. Each watercolour, be it landscape, portrait or self-study, features an interplay of light, shadow and colour. Artist Shibu Natesan, 59, deftly works with these elements to imbue every painting with a unique atmosphere. The painter's gaze seems to be akin to that of a photographer's. The paintings are nearly photorealistic, conveying the feel of the environment, the personality of the subject and the essence of the landscape to the viewer.

time to read

3 mins

November 01, 2025

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