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OYO INSOLVENCY CASE
Byju’s-BCCI settlement in trouble; Ola Electric Q1 loss widensIn a setback for Byju’s, the Supreme Court has stayed the NCLAT's approval of its settlement with the BCCI. This and more in today’s ETtech...- IT offshoring reversal; Ola Electric, Oyo financialsHappy Independence Day! IT offshoring, which is aimed at cost optimisation, is reversing. Details on this and more in today’s ETtech Mornin...
- FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
- Facebook whistleblower Frances Haugen and the power of oneOn Monday, Facebook, WhatsApp and Instagram went offline for six hours. That was only the second worst thing to happen to the social media ...
- Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
- SC to hear hotelier’s appeal against tribunal’s Oyo order on Oct 21Mona Agrawalla, who runs the Central Courtyard Resort in Siliguri, had challenged NCLAT’s dismissal of an insolvency case against Oyo in th...
- Oyo's aggrieved hotel owners planning to approach Sebi after co files DRHP papersFederation of Hotel & Restaurant Associations of India, which had filed a complaint against the company in the CCI, said the investigation ...
- Will Section 66A finally be laid to rest?On March 24, 2015, the Supreme Court struck down Section 66A of the IT Act as unconstitutional in a landmark judgement for free speech—Shre...
- Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
- 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...
- NCLAT allows withdrawal of Oyo insolvency case in setback to hoteliersOyo has reached an out-of-court settlement with hotelier Rakesh Yadav, but scores of others had approached NCLT with claims against the com...
- NCLAT allows hotels’ body to intervene in insolvency of OYO unitFHRAI said it had filed an application on behalf of its member hotels in India, who were operational creditors and were “suffering hugely” ...
- FHRAI says allowed by NCLAT to intervene in OYO unit insolvencyThe tribunal has also allowed the FHRAI to make its oral submissions on June 2, 2021. The total claims registered with Interim Resolution P...
- Oyo's creditors file yet-to-be-verified claims worth around Rs 160 crore to NCLTOyo says claims await evaluation basis factual evidence, and could be rejected by IRP
- SGX Nifty down 15 points; here's what changed for market while you were sleepingAsian markets were largely mixed on Friday after technology stocks lifted the S&P500 index to a new record even as investors weighed an une...
- Oyo squashes rumours of bankruptcy following an NCLT order"The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,"...
- SGX Nifty up 60 points; here's what changed for market while you were sleepingAsian equities were trading mixed on Thursday after minutes from the Federal Reserve's latest meeting reiterated its commitment to keep int...
- Backed by SoftBank, Herman Narula’s Improbable is struggling to revolutionize gaming industryImprobable has set up studios and bought Midwinter Entertainment, a Washington state-based SpatialOS developer, in September. No games are ...
- What changed for D-Street while you were sleepingOil prices edged lower as receding Middle East tensions took some heat out of the market.
- Can CCI be more agile like its EU and US counterparts in disposing of cases?The recommendations made by the Competition Law Review Committee could make the CCI more effective.
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