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Friday, September 5, 2025
TopicOYO

Topic: OYO

Trajectory of US-India relations under Trump 2.0 & Dalit sanitation workers’ ‘losing battle’ at Kumbh

Global media also covers Jaishankar's characterisation of India-China relations as based on 'mutual respect, sensitivity, and interests', alongside Oyo's new moralistic policy.

OYO is telling young lovers you are ‘On Your Own’. It’s a betrayal

By bringing smaller hotels under OYO banner and establishing SOPs for basic amenities, Ritesh Agarwal revolutionised India's budget hospitality industry and became a billionaire in the process.

‘Look what happened to OYO’—former SoftBank CFO warns against the money trap

Author of The Money Trap, Alok Sama, said that 'having too much money isn’t a good thing.' He pointed to OYO Rooms as a classic case study.

OYO couldn’t afford IIT grads but Anuj Tejpal didn’t want a salary. Now he’s worth crores

In ‘Unlocking Unicorn Secrets’, Kushal Lodha and Ishan Sharma captures the entrepreneurial journey of India’s new-age founders and the challenges they faced.

OYO founder Ritesh Agarwal’s father falls to death from Gurugram high-rise

Agarwal, in a statement, said his ‘guiding light and strength’ had passed away.

Struggling to find a cheap hotel room? CCI order against MakeMyTrip, OYO will change things

Competition watchdog slapped Rs 392 cr fine on MakeMyTrip-Goibibo & OYO, ordering them to stop uncompetitive practices. Consumers to gain from move in terms of better booking experience.

Competition Commission slaps Rs 470 cr fine on MakeMyTrip, Oyo for anti-competitive conduct

The CCI has directed MakeMyTrip and Goibibo to amend their market behaviour after fining them about Rs 270 crore. Oyo was fined Rs 200 crore.

Oyo files to raise over Rs 8,000 cr in IPO as it refashions business model

Oyo, backed by SoftBank Group & Airbnb, plans to raise Rs 7,000 cr through sale of new shares. The rest will be secondary shares or those sold by existing stockholders.

Oyo plans to file for $1.2 billion IPO next week

The proposed initial public offer plan of the hospitality firm follows the success of Zomato's IPO that ended with bumper oversubscription on 16 July, the biggest since March 2020.

Microsoft invests $5 million in Oyo to develop AI-driven hotel technologies

Oyo carries a valuation of $9.6 billion after Microsoft's investment, third in the country behind Byju’s and Paytm. The startup is due to file IPO documents in the coming weeks.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.