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S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic a...- Trading volumes in unlisted shares plunge up to 70%Investor interest in unlisted shares is decreasing. Trading volumes have fallen significantly. This slowdown is due to lower prices and few...
- Oyo changes corporate entity name to PrismOravel Stays, parent of Oyo, has rebranded as Prism to reflect its global portfolio across hotels, vacation homes, and coworking spaces. Pr...
- Delhi HC stays Rs 1,140 crore tax demand against OyoThe demand was raised under Section 56(2)(viib) of the Income Tax Act on account of the addition to the income after the assessee had issue...
- OYO to expand 'SUNDAY Hotels' to 100 properties by FY26OYO-parent Oravel Stays aims to rapidly expand SUNDAY Hotels, targeting 100 global properties by the end of next fiscal year. The premium b...
- Oyo parent, Oravel launch premium hotels in UK & Middle EastOyo's parent company, Oravel Stays Limited, launched its premium hotel brand, SUNDAY, in the UK and Dubai. The UK property, a restored hist...
- OYO group's premium hotel brand 'SUNDAY' opens first property abroadOYO's parent company, Oravel Stays, has expanded its luxury hotel brand, SUNDAY, to the UK and UAE. The first international SUNDAY properti...
- M3M India sighs MoU with parent company of Oyo to expand Sunday hotel across IndiaRealty developer M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed an MoU to expand the Sunday hotel brand ...
- Oyo parent Oravel Stays plans to open 25 premium hotels this fiscalOravel Stays, the parent company of OYO, announced plans to expand its premium SUNDAY Hotels brand with 25 new openings across Gurgaon, Man...
- SUNDAY Hotel to open 25 premium hotels in India in by March 2025SUNDAY Hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel ...
- Oravel Stays to launch self operated premium hotels under the Palette brandThe company said to ensure 'enhanced' guest experience and service delivery, it will take direct operational control of select Palette hote...
- SoftBank partners Oravel to check into premium hotelsThe Japanese conglomerate has partnered with Oravel Stays, the parent of hotel chain Oyo, to operate these hotels. Under a joint venture ar...
- Oyo refutes allegations by ZostelThe DRHP is replete with material omissions and blatant misstatements, intended to mislead the public to invest in Oravel's shares without ...
- 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...
- Zostel asks Sebi to reject and suspend Oyo's $1.2-billion IPOIn its letter to Sebi, Zostel said Oyo's IPO is "non-maintainable as Oravel's capital structure is not final."
- Oravel Stays infuses Rs 634.5 crore into India operations of Oyo through allotment of new sharesOravel Stays was allotted 28,31,957 shares in Oyo Hotels & Homes in lieu of the funding on November 5, documents filed with the Registrar o...
- Hyderabad hotel files insolvency plea against OyoAs per the term of the agreement signed between Conclave and Oyo, the corporate debtor, Oravel, would pay the corporate creditor, Conclave,...
- Zo Rooms challenges Oyo rejig in Delhi high courtThe original dispute was between Zo Rooms and Oravel Stays. But the recent transfer of parts of businesses by Oravel Stays to Oyo Hotels & ...
- Oyo to recast biz into 3 units to streamline operationsThe move will give the company “sharper focus” and “better alignment” besides “improve competitiveness”, according to the filing.
- Ritesh Agarwal's Oravel Stays valued at Rs 150 crore in funding round“The primary investment into the company has closed, with Sequoia Capital leading the round. That would be about $5 million."
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