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OYO writes to SEBI, denying all allegations raised by Zostel

OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …

PTI   


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3 mins read

It's not just Zostel, OYO has 20 other lawsuits to fight

OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …

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3 mins read

Dues, death and an investigation — all that went wrong with OYO hotels in the last 6 months

OYO Hotels & Homes, the Indian unicorn that has gone global seems to be going through a bad tim…

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3 mins read

Has IPO-bound OYO regained trust of its hotel partners?

The company has recently been affected by some of its hotel partners publicly complaining, filin…

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3 mins read

OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel

The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …

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OYO now plans to layoff 2,000 employees, the company says it may ‘replace some candidates’

Yet, OYO continues to maintain that it is one of the “best places to work”. "OYO continuousl…

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3 mins read

MakeMyTrip and Oyo are in trouble with the CCI, opening up a gray area for business partnerships in India

The alleged dominance that they would enjoy is now under scanner. And prima facie, MakeMyTrip is…

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3 mins read

It's a stormy time for two of India's biggest startup brands

Startups which have started to solve existing problems, are now facing their own. Zomato w…

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3 mins read

Oyo, Zomato, Amazon, and Flipkart are chasing growth but the very foundation is shaking

India’s biggest startups have been solving its systemic problems to build businesses. But the syste…

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86.25% Covid-19 cases in Maharashtra, Kerala, Punjab, Karnataka, Gujarat and Tamil Nadu: Government

The Centre is regularly holding high-level review meetings with the states and Union territorie…

PTI   


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3 mins read

There is a government directive against salary cuts in private companies — but can they be stopped?

The Indian government mandated that all commercial establishments must pay wages without deductions…

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RBI has barred one of the country's top auditors from looking at the books of any company regulated by the central bank

India’s central bank, the Reserve Bank of India (RBI), banned Haribhakti & Co LLP, an audit fir…

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India’s biggest startups are faced with growing resistance from industry bodies

Indian startups have a growing problem at home – industry bodies from different sectors are now up …

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Mumbai cop Vaze allegedly tried to terrorise, extort Ambani and other richies, says NIA

Sacked Mumbai cop Sachin H. Vaze had allegedly ploughed back extortion incomes to execute a terror …

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3 mins read

Patanjali’s Acharya Balkrishna is the biggest loser on Hurun’s Rich List of Indian billionaires

According to Hurun’s Rich List 2021, Balkrishna’s estimated net worth dipped by 32% — more than …

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6 mins read

The founder of a $1 billion startup reveals why he took SoftBank's cash after the murder of Jamal Khashoggi

In November, SoftBank's CEO Masayoshi Son denounced the "horrific and deeply regrettable act," cond…

Shona Ghosh   


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4 mins read

Watch Nassim Nicholas Taleb, a Risk Specialist at the Global Trends Festival 2020

Nassim Nicholas Taleb: you must learn to live with the Black Swan

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5 mins read

The race to find a coronavirus vaccine, startups to watch, and a real estate meltdown

As Andrew Dunn reports, more than two-thirds of hospitalized COVID-19 patients improved in conditio…

Matt Turner