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Pedestrians walk past an Oyo hotel, operated by Oyo Hotels Japan G.K., in Tokyo, Japan | Bloomberg

Oyo is in trouble in Japan but parent SoftBank has a plan to fix it

Oyo Japan is creating a six-member management oversight panel to deal with its virus-stricken business. Its headcount has shrunk by 450 since October.
OYo hotel

Ritesh Agarwal’s Oyo Hotels to cut 5,000 jobs in India, China and US

Oyo’s global headcount will fall by about 17% from 30,000 in January as the start-up seeks to boost profitability, Ritesh Agarwal says.

Ritesh Agarwal’s Oyo is facing major problems due to Masayoshi Son’s dramatic overreach

With its chaotic rush to expand in Japan, Oyo infuriated potential partners, alienated workers and jeopardised its reputation with local customers.
OYO Rooms

Kashmiri student alleges OYO Room in Delhi didn’t let him check-in because of his identity

Manager at OYO Aasha Residency hotel admits it is turning away customers from Jammu and Kashmir but blamed it on “verbal orders” of Delhi Police. 
OYO Rooms

OYO was the big disruptor in India’s hotel industry, forcing even Tata to take note

OYO founder Ritesh Agarwal was just 18 when he came up with the idea. Within just a few years, OYO surpassed the valuation of India’s oldest hotel company.
OYO Rooms

Oyo is firing thousands of workers across India and China

Oyo is in trouble and is undergoing a restructuring, trimming redundancy in China and India, leading to thousands of dismissals.
The BYJU'S learning app is displayed on a tablet | Dhiraj Singh/Bloomberg

Byju’s becomes India’s most valuable start-up after Paytm, OYO

Byju’s is raising funds at $8 billion valuation & overtakes Snapdeal. It is the only one of the top three that hasn’t taken funding from SoftBank or its Vision Fund.
OYO Rooms

OYO gets minority panel notice, told to list actions taken after Kashmiri man denied room

Delhi Minorities Commission says it will take legal action if OYO Rooms fails to furnish satisfactory reply.
Ritesh Agarwal, founder and CEO of OYO

OYO’s big expansion plans can put the entire business at risk

There are enough anecdotes to suggest OYO’s management may be struggling to keep order among franchisees while maintaining focus on adding more.

On Camera

Woman working on a laptop (Representational image) | Flickr

Is it ‘shirk from home’? Jury’s still out as Europe begins working from home again

There is no evidence yet of mass remote work’s impact in the longer term on company productivity, but the current outlook is mixed at best.

Harley Davidson to discontinue sales and manufacturing operations in India

Harley’s decision comes weeks after Toyota Motor Corp. said it won’t expand further in India due to the country’s high tax regime.

Defence

File photo of Army Chief General M.M. Naravane at Leh to review security situation and operational preparedness along the Line of Actual Control in Eastern Ladakh | Photo: Twitter/@adgpi

Indian soldiers at LAC have go-ahead to open fire in self-defence, India tells China

With no signs of disengagement on the ground in Ladakh, where India and China have been locked in a stand-off since April, both sides will stay dug in during the region’s bitter winter too.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?