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2 mins read
Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020
The 27-year old Agarwal is one of the youngest billionaires in the world.
2 mins read
Rupee gains 8 paise to close at 81.22 against US dollar
At the interbank foreign exchange market, the local unit opened at 81.08 and touched an intra-…
PTI
3 mins read
OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe
Indian hospitality unicorn OYO has raised an undisclosed amount of funding from Martin HP Söderströ…
2 mins read
OYO joins the string of startups that are permanently leaving office spaces to reduce real estate costs
Indian hospitality unicorn OYO has just announced that it is permanently shifting to a hybrid workp…
2 mins read
OYO founder Ritesh Agarwal admits the share buyback in 2019 was ‘bad timing’
Agarwal in the interview also said that his current share percentage at OYO gives him a net …
4 mins read
Here's why MakeMyTrip, OYO, Lemon Tree and likes may reap the most out of the long-term recovery in hotels
India’s millions of hotel rooms will have to opt for a digital transformation.
1 min read
Yahoo and eBay investor Betsy Atkins joining OYO’s board is a sign of the company’s IPO plans
OYO announced the appointment of Betsy Atkins as independent director into its board. Atkins is the…
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…
1 min read
Jack Ma is stepping down from the board just as Softbank announced a record $13 billion loss
Ma is stepping down after 13 years on SoftBank's board of directors.
Isobel Asher Hamilton
2 mins read
OYO and Mahindra Holidays’ new strategy is based on the premise that airlines are doomed for a while— both Emirates and Boeing agree
“Goa may be the new Thailand,” said OYO founder Ritesh Agarwal when asked about his post-COVID-19 s…
1 min read
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…
1 min read
Hotels are snapping ties with aggregators after experience goes sour
However, the experience, over the time, turned sour for the aggregators. ET reported an incident in…
2 mins read
Years will roll, decades will pass and RIL will grow like a banyan tree: Mukesh Ambani
Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL) said on Thursday t…
13 mins read
India’s jet-set: Here’s how billionaires earned, lost and donated in 2022
The year of 2022 might be remembered for the deadly war and ongoing fight against Covid, but this y…
2 mins read
Hotel, resorts sold out as demand soars for first full Christmas-New Year party after two years
The domestic hospitality industry is gearing up to make the most of full-fledged Christmas and New …
PTI
2 mins read
Tata Sons reportedly wins bid to takeover the ‘Maharaja’
SpiceJet founder Ajay Singh was also among the bidders, as per reports. Business Insider has rea…
3 mins read
India’s unicorn backers are shoring up their funds as they hunt for the next big startup
The biggest crises lead the way for the biggest of opportunities. At least, that’s what India’s Ven…
3 mins read
India’s travel and tourism sector is hoping that the Budget won’t leave them behind
“It is the most impacted and has the capability to recover quickly as it has small businesses in…
3 mins read
MakeMyTrip will now deliver food – jumps into the ring where Zomato and Swiggy are already fighting it out
India’s largest travel aggregator announced a major new business vertical today – MakeMyTrip will n…
5 mins read
First week of Unlock 1.0 – Here’s what worked and what didn’t
Even while the fear of the virus still looms large and the number of coronavirus cases continues…