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Latest Articles in OYO

Oyo India CEO Ankit Gupta And Europe Head Mandar Vaidya Resign Ahead Of IPO

Ankit Gupta and Mandar Vaidya reportedly stepped down from their roles six months ago, in March of this year

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OYO Pre-files New DRHP For $400-500 Mn Main Fundraise

The secondary sale component of the IPO has been dropped, and the issue's goal is to repay the majority of its obligations

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OYO Anticipates Income Of More Than Rs 5,700 Cr In FY23

At a town hall meeting on Monday, Agarwal informed employees that OYO aims to achieve adjusted EBITDA of nearly Rs 800 crore in the coming fiscal year

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OYO To Refile DRHP With Updates To Sebi

Sebi has asked the company to now also update other material information in the same vein. It seems to be in line with its expectation of higher levels of transparency in the IPO process

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OYO Writes To NCLT To Expedite MCA Inquiry On FHRAI Executive Committee

OYO, in its letter to NCLT, also talks about how this is worrisome development for the business environment of the country

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Parl Panel Summons Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal

BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace

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More Than 500 Employees, Former Staff Of OYO Buy Around 30 Mn Shares

OYO had offered deeply discounted ESOPs to both current and former employees when the impact of COVID-19 led to pay cuts and furloughs.

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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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OYO Appoints Former SBI Chairman Rajnish Kumar As Strategic Group Advisor

He is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe.

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Microsoft, OYO In Strategic Alliance To Co-Develop Travel, Hospitality Products, Technologies

OYO will develop Smart Room experiences for travellers on the OYO platform, such as premium and customised in-room experiences for its guests

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OYO To Move To 4-Day Work Week: Ritesh Agarwal

Starting today we are moving to a 4-day work week but implementing it slightly differently, making Wednesdays off to let OYOpreneurs have a mid-week breather. We also launched a No Questions Asked Flexible Infinite Paid Leaves

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OYO To Show Vaccination Status Of Partner Hotels' Staff On Its App

VaccinAid is our small attempt to promote the larger cause of vaccination among our customers as well as our hotel partners & their staff

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OYO To Cover COVID-19 Vaccination Cost For Employees, Family Members In India

The employees and their family members in India can choose to get the vaccination done at any centre, convenient to them and the costs would be reimbursed in full by the company

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Modern CFOs Creating Future Ready Organizations

The top-level CFOs from across the industries came together to talk and discuss the outcomes of ongoing accelerated digitization and the evolving role of CFOs in this disrupted era.

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Hiring activities in hospitality, travel industry improve in October: Naukri.com report

Hiring activities in hospitality, travel industry improve in October: Naukri.com report

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