OYO to acquire Amsterdam-based Leisure Group for Rs 2,885 cr; takeover to help home-grown firm to become global brand
With the Leisure Group set to join the chain, OYO will have footprints in more than 800 cities across 24 countries
German finance, auto and publishing firms are in talks to form a European company to store personal data securely.
Open Internet Project, whose members include Axel Springer and Getty Images, on Tuesday accused Alphabet unit Google of imposing anti-competitive curbs on Android smartphone makers, its second complaint against the U.S. tech giant.
German publishers have appealed a Berlin court's rejection of a case in which they accused Google of abusing its market power by refusing to pay them for displaying newspaper articles online, a lawyer for the publishers said on Monday.
Online auto classified platform CarTrade has acquired rival CarWale from leading European digital publisher Axel Springer for an undisclosed amount. This is seen as the largest consolidation in the segment, according to industry experts
After missing out on buying the Financial Times, Springer vowed to concentrate on digital expansion through small and medium-sized deals