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As travel rebounds, Oyo checks in its first full-year net profit

Founder Ritesh Agarwal said on X that the travel and hospitality company had recorded its eighth consecutive quarter of positive EBITDA in the three months ended March ....

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Swiggy Files for IPO via confidential route, aiming for ₹10,414 Crore public offering

Swiggy's IPO is expected to include a mix of fresh issuance of shares worth ₹3,750 Crore and an offer-for-sale (OFS) of shares worth ₹6,664 Crore. ....

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Ola Electric sells over 27,000 EVs in March 2023, 2 lakh EVs in FY23

The Bengaluru-based company is the top player in the EV market and competes with the likes of TVS iQube, Bajaj Chetak, Ather 450X, and Hero Motocorp’s recently-launched VIDA V1 series ....

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Oyo's IPO Could Be Delayed as Indian Regulator Asks for Updated Filing

The Securities and Exchange Board of India has advised Oravel Stays, Oyo's parent company, to refile the initial public offering draft papers. ....

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India-Based Hospitality Chain Oyo Lays Off 600 Employees

India-based hospitality chain Oyo Hotels and Homes is laying off 600 employees in its corporate and technology departments. ....

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