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IPO-Bound Oyo To Fire 600 Employees, And Hire 250; Outgoing Employees Say 'No Severance Offered'

Hospitality major OYO plans to fire 600 employees across its technology and product teams and hire 250 to its business management teams, the company has confirmed in a statement on Saturday. ....

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Zostel writes to SEBI, seeks suspension of $1.2 OYO IPO

Zostel alleged that OYO has misrepresented the facts in its DRHP and that its upcoming IPO doesn't include the disclosure of a 7 per cent stake of Zostel's shareholders in OYO's parent entity. ....

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Zostel writes to SEBI, seeks suspension of $1.2 OYO IPO

Zostel alleged that OYO has misrepresented the facts in its DRHP and that its upcoming IPO doesn't include the disclosure of a 7 per cent stake of Zostel's shareholders in OYO's parent entity. ....

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Oyo's IPO Prospectus: All you must know about company financials, future plans

As part of the IPO, Oyo will have Rs 7,000 crore worth of fresh issue. In addition, its existing investors will offload their stakes worth Rs 1,430 crore in the company ....

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OYO IPO: A sour deal with Zostel six years ago is back to haunt Ritesh Agarwal's firm

The 2015 deal included OYO trying to buy some of Zostel’s businesses and in turn Zostel getting a 7 per cent stake in OYO ....

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