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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 …
3 mins read
OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO
Update: The article has been updated to include the Delhi high court's verdict issued on September …
3 mins read
OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win
After a three-year long battle, the legal verdict on OYO Hotels and Homes and Zo Hostels is out, bu…
1 min read
Road to IPO for OYO Rooms is clear as Delhi HC rejects Zostel's plea that restrained the IPO
Justice C. Hari Shankar dismissed the plea of Zostel, seeking an interim order to restrain or in…
1 min read
Oyo Rooms may buy its smaller rival Zo Rooms
Industry experts say the consolidation is likely to take place in areas such as food delivery, loca…
1 min read
OYO's Zo acquisition could be delayed because of its first investor
"VentureNursery is demanding right to information and exit at $700-million valuation, both terms wh…
2 mins read
Online travel agencies have just mass blocked Oyo Rooms and Zo. Here’s why
However things didn’t go as expected. Feeling jittery on the advancement of these budget-hotel aggr…
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…
1 min read
OYO eyes Rs 413 crore funding, to be valued at Rs 3129 crores
After this new round of funding, the post-money valuation of Ritesh Agarwal-led company will be at …
4 mins read
ZO Rooms has a room ‘available’ for every traveller
For a startup to be able to foray into newer sectors requires backing, and ZO Rooms flaunts of havi…
1 min read
Oyo Rooms’ valuation to touch $850 million, this will be the size of its funding
After the fresh round of funding, SoftBank will have 42% ownership. The investment i…
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 …
1 min read
NIA to probe case of abandoned vehicle laden with explosives found near Mukesh Ambani's Antilia
The agency is in the process of re-registering the case, the spokesperson added. The Scorp…
PTI
2 mins read
Some domestic flight tickets may get expensive soon, as government mulls removal of airfare cap
India’s Ministry of Civil Aviation is looking to remove caps on airfare and capacity on domestic fl…
2 mins read
Here’s how to check JEE Mains 2021 result in five easy steps
The results for the Joint Entrance Examination (JEE) Mains 2021, held in February, is likely to be …
2 mins read
Google announces a series of initiatives on Women’s day – a $25 million fund, support for one million female entrepreneurs in India and a new feature on Google Maps
Global technology giant Google, on Monday, announced multiple initiatives for women in India as a p…
2 mins read
Bhavish Aggarwal-led Ola showcases its first electric scooter — aims to operate 1 crore bikes by 2022
The factory will generate 10,000 direct employment, along with additional jobs being created by …
2 mins read
Tata Sons, Spicejet in the race for Air India, after employees’ consortium was disqualified
After the consortium of Air India employees backed by NRI businessman Laxmi Prasad and his New York…