News Muncher - searching for oyo

22 hours, 14 minutes ago

Oyo buys US-based G6 Hospitality from Blackstone for $525 mn, adds 1,500 hotels

Bengaluru: Ritesh Agarwal-led Oyo has completed the acquisition of US-based G6 Hospitality, which operates the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million and the deal is projected to increase its Ebitda to over ₹2,000 crore in FY26, the travel-tech startup said in a statement on Monday. The transaction is expected to add about 1,500 …

Europe Company Oyo G6 Hospitality Ebitda

¿Por qué murieron al menos 67 personas en estampidas durante eventos benéficos navideños en Nigeria?

Associated Press

ABUYA, Nigeria — Estampidas ocurridas durante tres eventos benéficos navideños en Nigeria han dejado por lo menos 67 personas muertas en la última semana, muchas de ellas menores de edad. Este es un vistazo del por qué las personas del país más poblado de África están arriesgando sus vidas por donaciones navideñas: Inflación en un máximo de 28 años “Hay …

Nigeria Han El País Seguridad Del Las Por

4 days, 1 hour ago

Nigeria school fair stampede kills 35 children

Raw Story

A stampede at a school funfair in the southwestern Nigerian city of Ibadan has killed 35 children and seriously injured six others, police said on Thursday. The injured children were receiving medical attention following the incident, which took place on Wednesday in Nigeria's third-largest city, Oyo State Police Command said. He urged the "Oyo State government to take every necessary …

Nigeria State

4 days, 12 hours ago

Chinadaily.com.cn

China Daily

INDIA 13 dead as naval vessel hits boat At least 13 people died when an Indian naval boat collided with a passenger ferry with more than 100 passengers which then capsized off the coast of financial capital Mumbai on Wednesday, officials said. NIGERIA 30 children killed in carnival stampede At least 30 children were killed and dozens of others injured …

1 week ago

Relief to man accused of rape by his date, court flags 'dangers of dating apps'

India Today

The Karnataka High Court on Monday raised concerns over the "dangers of dating applications" while pausing the prosecution against a 22-year-old man accused of raping a woman he met through a dating application. The court also raised objections to the police investigation, pointing out that the charge sheet was filed in the case without mentioning any of the online chats …

Man Case

1 week, 2 days ago

Nuvama Wealth acquires shares worth ₹100 crore in Ritesh Agarwal's OYO

Hindustan Times

Nuvama Wealth and Investment Limited has acquired shares worth 100 crore in OYO's parent company Oravel Stays Limited at ₹53 apiece, on behalf of its investors, a number of family offices, in a secondary market deal, PTI reported. Nuvama Wealth and Investment Limited paid ₹ 53 per share for shares worth ₹ 100 crore in Oravel Stays Limited, the parent …

Pti Shares Oyo Nuvama Wealth Worth 100 Oravel Stays Limited

1 month ago

Oyo founder Ritesh Agarwal to invest ₹550 crore into the company for global expansion

Hindustan Times

Oyo's founder and CEO Ritesh Agarwal may personally invest ₹550 crore into the company as it looks to expand globally as part of a proposal which will be taken up during the company’s extraordinary general meeting on December 9 as a special resolution. The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured …

Crore Oyo Ritesh Agarwal Invest 550

1 month, 2 weeks ago

Swiggy IPO: A Star-Studded Lineup of Investors Set to Light Up the Market

Hindustan Times

Swiggy is set to make its stock market debut on Wednesday, November 6, 2024 to raise more than ₹11,000 crore from its initial public offering (IPO). The company plans to use the IPO proceeds for investing into subsidiary Scootsy, investing in technology and cloud infrastructure, brand marketing and business promotion expenses, for funding unidentified acquisitions and also for general corporate …

Business Celebrity IPO Investors

3 months ago

OYO to acquire iconic Motel 6 brand in $525 million all-cash deal

The Hindu

IPO-bound travel tech platform OYO on Saturday announced it has agreed to acquire iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million in an all-cash transaction, as the Indian unicorn eyes expansion in the U.S. Oravel Stays, the parent company of OYO stated that it has agreed to acquire G6 Hospitality, …

Brand Blackstone Motel Studio 6 6 Brand Oyo Motel 6

3 months ago

OYO acquires G6 hospitality for 525 million dollars, expands US footprint

New Indian Express

Oravel Stays, the parent company of the global travel technology firm OYO, announced on Saturday that it is acquiring US-based G6 Hospitality from Blackstone Real Estate for $525 million in an all-cash deal. G6 Hospitality, a leading economy lodging franchisor, is the parent company of the well-known Motel 6 and Studio 6 brands. The franchise network of Motel 6 generates …

Oyo Motel 6 G6 Hospitality

3 months, 2 weeks ago

Hotel Fined Rs 16 Lakh after Student Claims Her Exam Was Affected Due to Booking Denial

News 18

OYO Rooms, a well-known name in budget accommodation, has been ordered to pay Rs 16 lakh in compensation following a court ruling over poor service. The District Consumer Disputes Redressal Commission in Tamil Nadu’s Thoothukudi directed both OYO’s founder, Ritesh Agarwal, and a guest house in Chennai to pay over Rs 16 lakh in damages jointly. The Consumer Court’s ruling …

Court Student Hotel Lakh Booking Oyo Guest House

3 months, 3 weeks ago

Consumer court fines OYO Rs 1.10 lakh for not providing rooms pre-booked online

New Indian Express

KOCHI: The Ernakulam District Consumer Disputes Redressal Commission has ordered OYO Rooms to compensate a sum of Rs 1.10 lakh for failing to provide pre-booked rooms through the online booking application. The commission’s ruling comes in response to a complaint filed by Kochi-based lawyer K S Arun Das against the CEO and Manager of OYO Rooms and the proprietor and …

Hotel Rooms Oyo Rooms

3 months, 3 weeks ago

M3M India and Oravel Stays collaborate to launch SUNDAY branded hotel in Gurugram

Hindustan Times

Gurugram-based M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, a global hospitality technology company, have signed a Memorandum of Understanding to launch the premium SUNDAY hotel. M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed a Memorandum of Understanding to launch the premium SUNDAY Hotel in India. The hotel-cum-residences …

India Company Gurugram Hotel M3M Oyo M India

3 months, 3 weeks ago

Telangana: Manager of an OYO Hotel Arrested for Installing Cameras in a Room

Deccan Chronicle

Hyderabad: The manager of an OYO hotel was arrested by RGIA police on Wednesday for allegedly installing a spy camera in one of the hotel’s rooms in Shamshabad within the RGIA police station limits. Speaking to Deccan Chronicle on how such a situation can be avoided, an official from Rachakonda IT cell said, “These spy cameras are installed in places …

Case Hotel Complaint Rgia Deccan Chronicle

4 months, 1 week ago

Oyo founder Ritesh Agarwal invests Rs 830 crore in funding round, valuation drops to $2.4 billion

New Indian Express

BENGALURU: Hospitality chain Oyo's founder Ritesh Agarwal has invested Rs 830 crore in the company's latest funding round through Singapore-based entity Patient Capital. The first tranche of funding of Rs 416.85 crore was led by Incred Wealth in July 2024. An additional fund raise of Rs 1047 crore was approved by shareholders of the company on August 8 in an …

Crore Oyo Founder

4 months, 1 week ago

OYO raises ₹1,457 crore in latest funding round for growth and global expansion

Hindustan Times

Oravel Stays Ltd, the parent company of OYO, has raised ₹1,457 crore from a consortium of investors in the latest funding round, sources said. OYO has raised ₹ 1,457 crore from a consortium of investors in the latest funding round The IPO-bound unicorn has raised nearly ₹1,040 crore in the Series G funding round. The investment is being made through …

Crore Series Shares Oyo Egm Funding Round Latest Funding Round

5 months, 2 weeks ago

Vishal Mega Mart weighing confidential filing of IPO papers: Report

Hindustan Times

Vishal Mega Mart is reportedly planning to opt for confidential pre- filing route with Sebi for its initial public offering. Moneycontrol reported citing people in the know that if the ongoing deliberations are successful, Vishal Mega Mart would be the fourth IPO bound firm to choose the confidential mechanism after Tata Play, Oyo and Swiggy. Vishal Mega Mart's draft papers …

Mega Mart Ipo Vishal Vishal Mega Mart

6 months ago

Ahmedabad: ‘All seemed fine till…,’ Reddit user ‘infuriated over discriminatory’ behaviour while renting office space

Live Mint

A new controversy over renting office space in Ahmedabad erupted as some complained that they were denied space owing to the fact that they were Muslims. A Reddit user said he and his colleagues were looking to rent an office space in Makarba and had managed to find one suitable place. He blatantly said he cannot rent out the office …

Office Reddit Muslims Muslim Rent Office Space Discriminatory Behaviour

6 months, 1 week ago

Oyo in talks to raise ₹1,000 crore from Indian family offices: Report

Hindustan Times

Oyo is reportedly in talks to secure around ₹1,000 crore from the family offices of prominent Indian corporate executives and stock market experts. The Economic Times reported citing people in the know that potential investors include corporate strategy advisor Anand Jain, Mankind Pharma promoter brothers Ramesh and Rajeev Juneja, and Utpal Sheth, a close associate of the late market expert …

Report Oyo Family Offices

6 months, 1 week ago

OYO or Public Transport? Couple's PDA on Train's Sleeper Coach Makes Internet Cringe

News 18

If couples’ PDA acts on the Delhi Metro weren’t enough, the phenomenon has now infiltrated Indian Railways as well. A recent video circulating online shows a couple caught cuddling openly on a train, much to the discomfort of fellow passengers, including children. Another expressed concern, asking, “Dear railway minister, Is it safe travelling in Indian mail/ express trains for females …

Couple Pda

8 months ago

Consumer Cases Weekly Round-Up: 15th to 21st April 2024

Live Law

National Consumer Disputes Redressal Commission The Revisional Jurisdiction Of The National Commission Is Limited And Can Be Exercised Only In Specific Circumstances: NCDRC The National Consumer Disputes Redressal Commission, presided by Justice Ram Surat Ram Maurya, held that the Revisional Jurisdiction of the National Commission is restricted to specific circumstances, such as when the State Commission has acted beyond its …

India Consumer West Bengal Google Haryana Disputes Wrongful Repudiation

8 months ago

Panchkula District Commission Holds OYO Rooms, Its Registered Hotel Liable For Denying Check-in Despite Receiving Full Payment

Live Law

The District Consumer Disputes Redressal Commission, Panchkula bench comprising Sh. Satpal, Dr. Sushma Garg and Dr. Barhm Parkash Yadav held Oyo Rooms and Hotel Kasauli Continental liable for failure to assure check-in, despite receiving full payment for the same. Feeling aggrieved, the Complainant approached the District Consumer Disputes Redressal Commission, Panchkula and filed a consumer complaint against OYO Rooms and …

Consumer Panchkula Commission Hotel Complainant District Rooms

9 months ago

'May be deepfake': Delhi Metro responds to viral video of women performing obscene Holi dance inside train

India TV News

Delhi Metro viral video: The Delhi Metro Rail Corporation has raised doubts regarding the authenticity of a viral video featuring two girls applying Holi colour to each other inside a coach while a Hindi film song plays in the background. Here's what DMRC said on viral video In a statement about the video, the DMRC on Saturday said, "Prima facie, …

Social Media Viral Video Delhi Video Holi User Delhi Metro

9 months ago

OYO CEO Ritesh Agarwal’s advice to young founders: ‘Make mistakes often but…’

Hindustan Times

OYO CEO Ritesh Agarwal regularly shares posts on X to talk about his journey as an entrepreneur or people who helped him or to advise those starting their business endeavours. The image is taken from an episode on Shark Tank India where OYO CEO Ritesh Agarwal spoke with two young founders. “Make mistakes often but don’t repeat the same mistakes …

Young Mistakes Founders Oyo Ritesh Ritesh Agarwal Young Founders

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Search results for oyo

Oyo buys US-based G6 Hospitality from Blackstone for $525 mn, adds 1,500 hotels

¿Por qué murieron al menos 67 personas en estampidas durante eventos benéficos navideños en Nigeria?

Nigeria school fair stampede kills 35 children

Chinadaily.com.cn

Relief to man accused of rape by his date, court flags 'dangers of dating apps'

Nuvama Wealth acquires shares worth ₹100 crore in Ritesh Agarwal's OYO

Oyo founder Ritesh Agarwal to invest ₹550 crore into the company for global expansion

Swiggy IPO: A Star-Studded Lineup of Investors Set to Light Up the Market

OYO to acquire iconic Motel 6 brand in $525 million all-cash deal

OYO acquires G6 hospitality for 525 million dollars, expands US footprint

Hotel Fined Rs 16 Lakh after Student Claims Her Exam Was Affected Due to Booking Denial

Consumer court fines OYO Rs 1.10 lakh for not providing rooms pre-booked online

M3M India and Oravel Stays collaborate to launch SUNDAY branded hotel in Gurugram

Telangana: Manager of an OYO Hotel Arrested for Installing Cameras in a Room

Oyo founder Ritesh Agarwal invests Rs 830 crore in funding round, valuation drops to $2.4 billion

OYO raises ₹1,457 crore in latest funding round for growth and global expansion

Vishal Mega Mart weighing confidential filing of IPO papers: Report

Ahmedabad: ‘All seemed fine till…,’ Reddit user ‘infuriated over discriminatory’ behaviour while renting office space

Oyo in talks to raise ₹1,000 crore from Indian family offices: Report

OYO or Public Transport? Couple's PDA on Train's Sleeper Coach Makes Internet Cringe

Consumer Cases Weekly Round-Up: 15th to 21st April 2024

Panchkula District Commission Holds OYO Rooms, Its Registered Hotel Liable For Denying Check-in Despite Receiving Full Payment

'May be deepfake': Delhi Metro responds to viral video of women performing obscene Holi dance inside train

OYO CEO Ritesh Agarwal’s advice to young founders: ‘Make mistakes often but…’