Oyo
- Jobs
Over 23K techies lose jobs in nearly 82 Indian startups to date
New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the…
- India
OYO founder’s father falls to death from 20th floor in Haryana
Gurugram: Ramesh Agarwal, the father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling from the 20th floor of a high-rise located on the Golf Course Road in Gurugram.…
- India
70-plus Indian startups show exit door to 21K techies, more expected
New Delhi: As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more to be given pink slips in…
- Delhi
OYO announces up to 60 per cent off for Christmas and New Year Holidays
Delhi: Global hospitality technology company OYO has announced a special Christmas and New Year holiday offer for travelers in India. With this offer, guests can avail up to 60 per cent off…
- India
OYO trims 10% of its workforce, is letting go of 600 employees
New Delhi: Hospitality major and IPO-bound OYO on Saturday said it is downsizing 10 per cent of its 3,700-strong workforce, laying off 600 employees while hiring 250 fresh members in the team.…
- Business
OYO Q2 profitability to get impacted due to slower budget travel recovery
New Delhi: IPO-bound hospitality tech player OYO has surprised the industry observers by posting a positive EBITDA of Rs 10 crore in the first quarter of FY23 — against the backdrop of…
- Business
Penalties on OYO, MakeMyTrip, GoIbibo biggest win for hospitality sector: FHRAI
New Delhi: With the Competition Commission of India (CCI) on Wednesday imposing penalties of Rs 223.48 crores and Rs 168.88 crores on MMT-Go (GoIbibo and MakeMyTrip) and OYO, respectively, for anti-competitive conduct,…
- Technology
This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies
New Delhi: As hospitality major OYO firms up plans for its initial public offering (IPO), financial services company Jefferies says that while the company saw one of the strongest first quarters in…
- Business
IPO-bound OYO acquires Denmark’s holiday home chain Bornholmske Feriehuse
London: In line with its commitment to the ‘Invest in Denmark’ initiative, online hospitality major OYO has acquired Europe-based holiday homes operator Bornholmske Feriehuse, which aims to accelerate the growth of travel…
- India
Delhi HC directs former SC judge to mediate in Oyo’s lease dispute
New Delhi: The Delhi High Court has appointed Justice Vikramajit Sen, former Supreme Court judge, as the sole arbitrator in a lease deed dispute involving Oyo Hotels and Homes Pvt Ltd. Justice…
- Delhi
Delhi HC dismisses Zostel’s plea against OYO
New Delhi: The Delhi High Court has refused to interfere with Oravel Stays’ move to make an initial public offering (IPO) and dismissed a plea by Zostel Hospitality claiming seven per cent…
- Business
Delhi HC nixes plea by Zostel to restrain OYO’s IPO process
New Delhi: The Delhi High Court on Monday nixed a plea filed by hostel chain Zostel (Zo Rooms) seeking to restrain OYO Hotels and Homes from proceeding with its initial public offering…
- Kashmir
J&K government, OYO Group launch rural home stay
Jammu: Jammu and Kashmir government and world’s leading travel tech platform, OYO Group on Thursday launched rural home stay under the project “Crown of Incredible India” during an event presided by Lt…
- Business
Has IPO-bound OYO regained trust of its hotel partners?
New Delhi: As travel tech major OYO prepares for its much-awaited public listing, the continued satisfaction of its hotel partners and winning back dissatisfied partners will play a key role in determining…
- Technology
Microsoft, OYO join hands to digitally transform travel industry
New Delhi: Tech giant Microsoft and travel technology platform OYO on Thursday announced that they have entered a multi-year strategic alliance to co-develop next generation travel and hospitality products and technologies. OYO will…
