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OYO BOOKING RULES
Oyo’s maiden annual profit; RBI guidelines for fintech SROIn a significant turnaround, hospitality startup Oyo reported its first annual profitable fiscal on Thursday. This and more in today’s ETte...
Overlap in tech, telecom rules explained; IT workers & moonlighting; Oyo’s valuation slashedAs the government is drawing up both telecom and IT laws afresh, it needs to decide which of the two regulators – the Telecom Regulatory Au...
OYO boss lists 3 books that shaped his journey, says he drew inspiration from works of Netflix, PayPal foundersRitesh Agarwal said that the books helped him in his journey as an entrepreneur.
Ola’s Twitter ambition; crypto bill may skip budget sessionOla Electric is taking the Tesla route to build a Twitter community. The government is awaiting RBI's pilot on digital currency before deci...
Oyo hits back at Zostel, says no restriction imposed on the company from changing its shareholding pattern, no stay granted by Delhi HC on proposed offerIn its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...
Oyo IPO: Zostel writes to Sebi, seeks rejection of draft offer papersIn a letter to the Securities and Exchange Board of India (Sebi), Zostel said "the IPO is non-maintainable as Oravel's capital structure is...
25 unicorns in 8 monthsZetwerk has become India’s youngest billion-dollar startup after a $150-million funding round. Microsoft has invested in Oravel Stays ahead...
Ant may dilute Paytm stakeLess than a month ago we reported that Jack Ma's Ant Group may not be able to participate in Paytm's IPO. Now, sources tell us the Chinese ...
Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
Unicorn club GrowwsFrom Groww becoming India's latest startup unicorn, Fintech firms receiving access to NEFT and RTGS systems and Trifecta's new venture fund...
After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrowsThe Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation...
Hotels Body takes Oyo complaint to CCIHotel owners have accused Oyo of levying new charges on partners over the past two months on an ad hoc basis.
Just following laws laid down by regulators: Glenn Fogel, Booking CEO"We believe we follow all the rules and the regulations, and we do whatever is appropriate in every place we operate in," Fogel told ET.
Why has MakeMyTrip turned all young and hungry?Here's what India's largest and oldest travel aggregator is doing right.
These online budget hotel startups swear by the full inventory modelThe online budget room space, it seemed, was getting cramped, and there was no room for people like Gupta who had embraced a full inventory...
'Friendly' visitor: IT department sends a service tax reminder to aggregators like Foodpanda and Oyo RoomsThis seems to be part of a 'friendlier' approach to alert aggregators of their liability, in line with the Centre's desire for a non-advers...
Indian hotel industry to touch $1.8 billion mark by 2016: ICRAAn estimated 8.4 million Indians are likely to book hotels online by 2016, up from 3.5 million in 2014, the report said.