OYO pre-files draft paper for IPO; likely to list around Diwali: Sources

OYO had filed preliminary documents with the Sebi on September 2021 for a Rs 8,430-crore IPO, including a fresh issue of equity shares aggregating up to Rs 7,000 crore.

published on : 31st March 2023

OYO-owned Weddingz.in ties up with Lemon Tree Hotels

Weddingz.in is an online platform offering wedding venues and related services, which was acquired by hospitality tech firm OYO in 2018.

published on : 30th March 2023

Loyola in Thiruvananthapuram celebrates 60 years of service, excellence

It was the first college to introduce courses in social work. For the past six decades, the institution has been instrumental in moulding numerous influential scholars in the field of social sciences.

published on : 30th March 2023

OYO may cut IPO size as tech firms’ shares fall

The company, which initially had filed to go public in  October 2021, has been delaying its much-anticipated share sale process because of turbulent market conditions.

published on : 28th March 2023

OYO expects more than Rs 5,700 revenue in FY23 

Ritesh Agarwal said the company is expected to close FY23 with more than 1.72 lakh storefronts, as compared to 1.69 lakhs in FY22, a growth of nearly 2 per cent.

published on : 27th March 2023

Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos

These companies have been asked to re-file their draft red herring prospectus (DRHP) with certain updates.

published on : 20th March 2023

OYO founder's father dies days after son's wedding, falls from Gurgugram high-rise building

According to the police, Ritesh's father Ramesh Agarwal had allegedly fallen from the 20th floor of an apartment in Gurugram.

published on : 10th March 2023

Oyo seeks eviction of FHRAI’s top members

FHRAI’s position has been vindicated by the recent orders of CCI, NCLAT and SEBI.

published on : 27th February 2023

Toyota, Honda announce biggest pay hikes in decades: Reports

The automotive industry's wage talks have been closely watched as they have a strong influence on other sectors.

published on : 23rd February 2023

Chhattisgarh: Fleet of luxury cars & CM Bhupesh Baghel’s 23 fixation

Politicians also do it to remain strong in the game of power, though some wouldn’t admit it publicly as they don’t want to be seen as superstitious. 

published on : 4th February 2023

Loyola turns tunnel of hope for visually-impaired

College helps nearly 20 visually-impaired students to fulfil their dream of working in a corporate sector.

published on : 29th January 2023

OYO to refile updated IPO papers to SEBI by mid-February

OYO’s last submission to SEBI was the updated financial results for the first half of financial year 22-23. 

published on : 18th January 2023

Hycross, Hyryder may drive Toyota sales in 2023

The Innova Cryta and Fortuner maker had sold 160,357 units last year, marking the company’s highest sales in last 10 years.

published on : 14th January 2023

Toyota pushes zero-emission goals by converting old models

Toyoda, the grandson of the company founder and an avid racer himself, was also hoping to debunk the stereotype that clean cars aren’t as fun as regular cars.

published on : 13th January 2023

OYO writes to NCLT to speed up probe on FHRAI

Oyo and FHRAI have been at loggerhead for quite some time now. When contacted, FHRAI didn’t respond to today’s development.

published on : 6th January 2023

OYO IPO expected to be delayed till this Diwali

This development may augur well for OYO as it allows the firm to incorporate October-December quarter data when travel activity was at its peak.

published on : 4th January 2023

Sebi returns OYO's draft IPO papers; asks to refile with updates

The proposed offering consists of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore.

published on : 3rd January 2023

Small towns witness highest increase in room bookings in 2022: OYO

June 4, 2022, was the most booked day in 2022, OYO said in a statement citing its data.

published on : 28th December 2022

Toyota's hybrid Innova HyCross priced at Rs 18.30 lakh

The Innova HyCross comes with a self-charging strong hybrid electric system, a 2-litre petrol engine along with an e-drive sequential shift system.

published on : 28th December 2022

Forger slapped Rs 20,000 fine after 15-year legal tussle

Customs accused him of tampering with the records of the vehicle to evade customs duty.

published on : 23rd December 2022
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