Xiaomi Might Lend You Money Soon & OYO Flies to UAEStay tuned to get every day updates in 60 seconds.

BySanchita Dash•Oct 16, 2018

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1. Microsoft co-founder Paul Allen is no more. The billionaire and philanthropist passed away at 65 from complications of non-Hodgkin's lymphoma.

2. Xiaomi eyes India's financial sector. The Chinese mobile giant is planning to take RBI's approval for floating a non-banking financial company (NBFC) in India.

3. Jeff Bezos moves closer to his space tourism dream. Next year, the billionaire will spend more than his annual spending of $1 billion in his aerospace company Blue Origin.

4. OYO flies to UAE. After China, Malaysia, Nepal and the United Kingdom, the Indian hospitality company has officially forayed into fifth international territory with UAE.

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform).

Stories, movies and PJs are my thing.

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing.

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