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Latest Articles in fhrai

FHRAI Urges Sebi Again To Suspend OYO's IPO Process

The hospitality industry body also asked Sebi to initiate appropriate penal proceedings against OYO "for willfully failing to disclose such information in its DRHP".

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NCLAT Allows Plea For Setting Aside Insolvency Case Against Subsidiary: OYO

The appellate tribunal's order disallowed the intervention of external parties, including Federation of Hotel & Restaurant Associations of India (FHRAI),

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FHRAI Suggests Key Policy Changes To Govt For Reviving Sector

The industry's total revenue in 2019-20 stood at Rs 1.82 lakh crore and as per industry estimates, in FY21, approximately 75 per cent of the revenue of the sector got wiped off

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FHRAI Says Allowed By NCLAT To Intervene In OYO Unit Insolvency

The FHRAI has presently filed the application before the NCLAT on behalf of aggrieved hotels and restaurants across India who have filed their claims with the IRP, FHRAI Vice President Gurbaxish Singh Kohli said.

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FHRAI Requests Govt For Special Credit Guarantee Window Under ECLGS For Hospitality Sector

The repayment schedule for loans taken under ECLGS 1.0 and 2.0 are likely to begin now, but unfortunately due to the ongoing lockdown many establishments do not have the cash flow to repay it.

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The Regulatory Elephant On Your Hotel Rooms

Online platforms dealing in hotels are delivering a variety of options of superior quality to their consumers at their choicest prices and location by investing in resources and technology

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FHRAI Frenzy Misplaced; Will Lead To Price Increase Upto 40%

In the revert of the allegations, OYO has given a statement by adding that the allegations are based on invalid claims by certain bodies, that seem to have been misleading the apex body

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