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OYO TAX CASE
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...- Beyond 1 crore WhatsApp bans; Oyo's third attempt at IPOThe government wants to know more about accounts banned by WhatsApp in India. This and more in today’s ETtech Top 5.
- 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 puts off third IPO attempt after SoftBank takes issueOyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo...
- Apple supplier Jabil eyes expansion; Ixigo, Go Digit financialsApple supplier Jabil plans to expand operations in India, one of the world's fastest-growing markets for iPhones. This and more in today’s ...
- 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...
- Moody's expects Oyo to generate positive Ebitda for FY24Moody's also said on Monday it has affirmed Oravel Stay Limited’s (Oyo’s) B3 corporate family rating (CFR) as well as the B3 rating of the ...
- Delhi HC gives relief to Oyo in Rs 1,140 crore angel tax demand by income tax department"The primary issue here was around the income tax department raising concerns about the investments made by the parent company Oravel Stays...
- FHRAI urges SEBI to reject Oyo IPO citing irregularitiesFHRAI had previously raised concerns about significant inaccuracies and inadequate disclosures in Oyo's Draft Red Herring Prospectus (DRHP).
- Hotel and restaurant body urges Sebi to reject Oyo IPO citing irregularitiesFHRAI has cautioned that Oyo’s IPO will wipe out public wealth while enriching its founders and key management.
- 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...
- 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...
- 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...
- Haryana shuns, Karnataka fundsIn today's ETtech Morning Dispatch newsletter: Gurugram could soon face a mass startup exodus due to a recent policy while Karnataka could ...
- Lockdown, Day 29: Security cover for medicsAny violence against health workers will now be a non-bailable and cognizable offence punishable up to seven years in prison and fine of up...
- I-T officials conduct 'recovery survey' at Oyo's Gurgaon office
- Oyo gets income tax notices for inaccurate filingPeople aware of the matter said the case is linked to non-deduction of tax deducted at source (TDS) on payments made by the company in asse...
- As valuations plunge, startups asked to shell out more in taxThe Income Tax department has issued such orders or adjustments in about 100 cases across India between November 30 and December 15, accord...
- Ecommerce players Amazon, Flipkart need to register in each state under GST regimeNot just this, the supplier would also be required to register under the GST laws in that state irrespective of any threshold limit.
- '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...
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