Oyo

Toyota Kirloskar Motor vice chairperson Vikram Kirloskar dies at 64

Kirloskar, who hails from the reputed Kirloskar family, played a key role in bringing Japan's auto major Toyota Motor Corp to India in the late 1990s and has remained Toyota’s face in India.

published on : 30th November 2022

Honda Cars ties up with Maruti Suzuki Toyotsu for vehicle scrapping 

The initiative will allow Honda to offer its customers an end-to-end solution for scrapping their End of Life Vehicles (ELVs).

published on : 28th November 2022

OYO posts R333 cr loss in Q2, plans IPO in Q1 2023 

Like many other new-age companies, Oyo is also a loss-making enterprise and there is significant curiosity around the valuation it would seek in the public market.

published on : 27th November 2022

Hello Acroyoga!

Acroyoga combines three disciplines, acrobatics, Thai massage and traditional yoga.

published on : 10th November 2022

Fantastical folklore: 'Why There are No Noyontara Flowers in Agargaon Colony' by V Ramaswamy

The stories themselves bear an unusual tone that lends them a haunting quality.

published on : 6th November 2022

Oyo starts internal probe after couple filmed in Noida hotel

Additional DCP (Central Noida) Saad Miyan Khan said the duo had tried to extort money from the couple after threatening to release their video online.

published on : 23rd October 2022

CCI levies Rs 392 crore penalty on MakeMyTrip, OYO

The hotel owners had also alleged MMT-Go for indulging in predatory pricing by offering hotel rooms at less than the average room rate.

published on : 20th October 2022

IPO-bound OYO valuation dips in private market after reported markdown by SoftBank 

In the week ended September 30, 2022, nearly 12.3 lakh shares of the company were sold in the private market as compared to over 1.6 lakh shares sold in the previous week. 

published on : 5th October 2022

Oyo refutes SoftBank’s valuation markdown

But Oyo in a statement said speculations about valuation markdown is patently incorrect. “Valuation is an outcome of business performance.

published on : 23rd September 2022

Oyo’s revised IPO paper shows reduced losses

Oyo’s loss for the full financial year 2022 (FY22) came in at Rs 2,139.9 crore, as against Rs 4,103.3 crore in the previous financial year (FY21).

published on : 20th September 2022

OYO to bring onboard 600 new hotels & homes in South India by year-end

Travel is rebounding in the country with continued growth in occupancy rate owing to the increase in demand.

published on : 5th September 2022

Toyota invests USD 5.6 billion in EV battery production in Japan, US

Toyota has scored success with the Prius and other hybrid models and so the company has at times been seen as a laggard on electric vehicles.

published on : 31st August 2022

Oyo acquires Denmark-based holiday home operator Bornholmske Feriehuse

IPO-bound travel and hospitality platform Oyo has acquired Denmark-based holiday home operator Bornholmske Feriehuse for an undisclosed amount.

published on : 10th August 2022

Japan truckmaker Hino, part of Toyota group, says emissions data faked for 20 years

President Satoshi Ogiso bowed deeply at a hastily called news conference and apologized to customers and other stakeholders.

published on : 2nd August 2022

Facing unfair competition from global tech giants: Domestic tech players to Parliament panel

The Competition Commission of India (CCI) is already probing various cases, especially in the digital space, following complaints of alleged unfair business practices.

published on : 22nd July 2022

Maruti Suzuki eyes mid-size SUV space with Grand Vitara

The production of the SUV will begin next month and delivery is expected to commence from September.

published on : 21st July 2022

Parliamentary panel to meet representatives of Zomato, Flipkart, other tech firms to discuss concerns

In recent times, there have been complaints about alleged anti-competitive ways of various technology platforms and firms. CCI  is already probing various cases, especially in the digital space.

published on : 20th July 2022

Toyota Urban Cruiser Hyryder: Urban gem

The Toyota Urban Cruiser Hyryder that unveiled recently is a lesson in sustainability and design.

published on : 11th July 2022

As lull caused by Covid-19 ends, business travel picks up momentum: Report

As per OYO's mid-year business travel report, sustained momentum is now visible in business travel with a jump-start in business activities across all industries since January 2022.

published on : 7th July 2022

Toyota, Suzuki to deepen partnership for production, net-zero commitments in India

Toyota Motor Corporation and Suzuki Motor Corporation had signed a memorandum of understanding for a business alliance in 2017.

published on : 24th June 2022
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