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OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company

Here are the key managerial personnel and how much they earned in FY2021, excluding stock option…

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2 mins read

From OYO to Upgrad to Zomato, employees get full salaries as startups begin reversing pay cuts

Five months into the coronavirus pandemic and having taken stock of how COVID-19 impacts their busi…

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OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …

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OYO bags a $7.4 million cheque as pandemic forces Ritesh Agarwal to reimagine the business

Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a seri…

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3 mins read

EXCLUSIVE: OYO’s new employee initiatives — weekend curfew with no calls or Slack messages, a surprise holiday, and discounted Curefit membership

Indian hospitality unicorn OYO has announced several initiatives to help its employees deal with an…

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OYO sends US staff on ‘temporary leave’ but Indian jobs are safe

Indian hospitality chain OYO has announced that it won’t lay off employees in India in spite of the…

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EXCLUSIVE: OYO brings on board former Starbucks COO Troy Alstead

Indian hospitality unicorn OYO has another addition to its board of advisors – Troy Alstead, former…

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OYO reportedly invokes ‘Act of God’ clause to suspend payments to hotel owners says report

According to the report, OYO in a letter to hoteliers has ‘proposed a revenue share model that s…

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OYO employees have collected ₹1 crore to help Chinese colleagues affected by coronavirus

Ritesh Agarwal, founder and CEO, OYO, has said that a fund of over 1 mn RMB (around ₹1 crore) ha…

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Ritesh Agarwal to take a 100% pay cut, OYO sets up a welfare fund for Corona-hit hotel partners

The already troubled OYO, which was on a path towards profitability, now has another massive challe…

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2 mins read

Telecom Sector employees to get an 8.7% salary hike on average, amidst interesting developments

Naturally, all of this has had a huge impact in the way talent is viewed. In the mid -2000s telecom…

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2 mins read

OYO cuts 25% of fixed pay of employees; sends some staff on leave with limited benefits

New Delhi, Apr 22 () OYO on Wednesday informed employees that 25 per cent of their fixed salaries …

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5 mins read

Here are the 25 most popular workplaces in India, according to LinkedIn

Technology and Internet companies continue to dominate the top places to work in India, according t…

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A third of the freshers who reskilled at Scaler Academy bagged job offers at over ₹25 lakh

Fresh graduates who took Scaler Academy’s six-month coding programme, secured jobs offers from glob…

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2 mins read

OYO asks some India employees to go on leave with limited benefits, cuts fixed pay of all by 25 pc

"We had to take the hard decision of placing some OYOpreneurs on a leave with limited benefits (Lw…

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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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Amazon becomes the top recruiter at MDI Gurgaon with a ₹40.5 lakh offer

Despite sluggish growth across sectors, campus placements at B-schools in India don't seem to be sl…

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BharatPe laid off several employees after announcing salary hikes in April

The company has laid off 40 people and while it maintains that it did because they were “underpe…

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Raymond CMD Singhania decides to forgo salary during lockdown, to take pay cut after that

"In light of the current situation, I have taken the decision that I will not be taking any salary…

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2 mins read

India’s B-schools are seeing higher salary packages for graduates — and it’s not just IIMs

Beating the average salary packages offered in India, many top management schools in India have sig…