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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
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 …
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…
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…
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 …
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…
This Delhi University graduate went from being a lawyer to the CEO of India’s largest airline to a boardroom with the likes of Betsy Atkins who backed Yahoo and eBay
Aditya Ghosh started off as a lawyer after he graduated from the Delhi 30 years ago. Since then, he…
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…
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…
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…
Oyo, the former 'jewel' in SoftBank's startup portfolio, quietly fired 110 people based on their performance. Some fired workers say it was basically impossible to close sales, and the company is only offering severance if they agree to not speak out.
Still, people who currently or used to work at Oyo are arguing that the firings were part of a cost…
Melia Russell
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
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…
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…
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 …
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 …
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 …
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
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
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…