The hotel chain's rates have gone up by about 30 percent from pre-COVID levels, Lemon Tree Hotels Chairman and Managing Director Patanjali Keswani told CNBC TV18, with the boom period expected next year and the following year, Shares of Lemon Tree Hotels Ltd settled 1.72 percent lower at Rs 94.30 apiece in Thursday's trade.

During the funding round in August 2021, Reddit had a valuation of $10 billion. Fidelity has recently marked down its stakes in various startups like Stripe and Reddit, has also reduced the value of its Twitter stake.

Ajay Banga will begin his term as the World Bank President from today, June 2, taking over from David Malpass who is stepping down early from the role.

In an interview with CNBC-TV18's Shilpa Ranipeta, Akhil Saxena, the Vice President for Asia Pacific at Amazon India, expressed the company's commitment to integrating with the Open Network for Digital Commerce (ONDC). ONDC is a Indian government initiative that aims to provide a platform for anyone interested in selling online. Saxena mentioned that Amazon is actively exploring future opportunities within the ONDC framework.