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Articles for Oyo Hotels

Oravel subsidiary Oyo Hotels and Homes reports decline in revenue in FY24
2 days, 7 hours ago

Oravel subsidiary Oyo Hotels and Homes reports decline in revenue in FY24

Live Mint  

Oyo Hotels and Homes Pvt. As per information filed this week, with the Registrar of Companies, the company reported a profit of ₹11.5 crore over a loss of ₹27 crore in FY23, owing primarily to a reduction in total expenses by ₹6 crore and a positive growth in exceptional items from a loss the year before. But its operating revenue …

Crore Oravel Oyo Hotels
Tax Cases Monthly Round Up: March 2023
1 year, 9 months ago

Tax Cases Monthly Round Up: March 2023

Live Law  

Indirect Taxes Supreme Court Case Title: State of Karnataka v. M/s. Case Title: M/s Lupin Limited Versus Commissioner of Central Tax & Customs, Guntur The Hyderabad Bench of Customs, Excise and Service Tax Appellate Tribunal has rejected the refund claim of Krishi Kalyan Cess worth rs. Delhi High Court Case Title: OYO Hotels and Homes Private Limited vs Deputy Assistant …

India Tax Court Taxes Customs Income Tax Title
NCLAT Delhi Upholds Dismissal Of Application Seeking Restraint On Oyo From Proceeding With IPO
1 year, 11 months ago

NCLAT Delhi Upholds Dismissal Of Application Seeking Restraint On Oyo From Proceeding With IPO

Live Law  

The National Company Law Appellate Tribunal, Principal Bench, comprising of Justice Ashok Bhushan and Mr. Barun Mitra, while adjudicating an appeal filed in Jagadish v Oyo Hotels & Homes Pvt. Ltd., has upheld the Adjudicating Authority’s order rejecting applications filed by Operational Creditor to direct Oyo not to proceed with its IPO and furnish its financial statements. While the petition …

Corporate Operational Creditor Operational Application Order Bench Nclat
OYO 360 allows owners to register homes, hotels in less than 30mins
3 years, 4 months ago

OYO 360 allows owners to register homes, hotels in less than 30mins

India TV News  

OYO has announced the launch of OYO 360, which is a self-onboarding tool that will allow small hotel, home-owners and the ex-OYO patrons who have been impacted by COVID-19 to boost their revenues and increase profits digitally. OYO 360 promises to play a critical role in the organic growth of the business, including newer self-sign ups and growing the supply …

Hotel Oyo Patrons 360
NCLT initiates insolvency proceedings against OYO arm; Co files appeal
3 years, 9 months ago

NCLT initiates insolvency proceedings against OYO arm; Co files appeal

Hindustan Times  

The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels and Homes Pvt Ltd on March 30, according to a public announcement by the interim resolution professional. The creditors of OYO Hotels and Homes Pvt Ltd are called upon to submit their claims with proofs on or before April 15, 2021, to the interim resolution professional, …

Nclt Insolvency Proceedings Oyo Oyo Hotels Homes Pvt Ltd
Oyo elevates India and South Asia CEO Aditya Ghosh to board of directors
5 years, 1 month ago

Oyo elevates India and South Asia CEO Aditya Ghosh to board of directors

Firstpost  

Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer for the hotels and homes business, as a member of its board of directors New Delhi: Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer for the hotels and homes business, as a member of its board of directors. …

Homes Hotels Board South Asia Ghosh Ceo Oyo
Hotel operators who partnered with Oyo call it 'biggest online fraud', demand criminal probe against Softbank-backed startup now poised to raise $1.5 bn
5 years, 3 months ago

Hotel operators who partnered with Oyo call it 'biggest online fraud', demand criminal probe against Softbank-backed startup now poised to raise $1.5 bn

Firstpost  

Founded in 2013, Oyo started by aggregating bookings for India’s budget hotels, promising a standard of service in a market where that was more often the exception Even as Oyo Hotels and Homes, le by 25-year-old Ritesh Agarwal expands its horizons with Series F funding, it is finding itself in the cross hairs of an increasing number of Indian hotel …

India Europe Homes Hotels Indian Company Hotel
Oyo to raise $200 mn for luxury push in US
5 years, 3 months ago

Oyo to raise $200 mn for luxury push in US

Live Mint  

Bengaluru: Oyo Hotels and Homes, the operator of India’s largest network of hotels, is in talks with financial institutions to borrow $200 million to buy premium and luxury hotels in the US, two people familiar with the matter said. The company, which bought Hooters Casino Hotel in Las Vegas last month, has identified the premium hotels segment as its area …

India Oyo Hotels Raise 200
Drivezy to park its cars and bikes at OYO properties across India
5 years, 4 months ago

Drivezy to park its cars and bikes at OYO properties across India

Live Mint  

Bengaluru: Vehicle sharing platform Drivezy's vehicles will now be stationed at OYO properties across India. In a press statement on Monday, the Bengaluru-based company said that it also plans to increase the tally to one lakh bikes and cars, at OYO properties across India, over the next three years. Announcing the latest tie-up with OYO Hotels and Homes, the company …

India Bengaluru Vehicle Oyo Hotels Drivezy Oyo Properties
Oyo buys Las Vegas Hooters Hotel in its first US purchase
5 years, 4 months ago

Oyo buys Las Vegas Hooters Hotel in its first US purchase

Live Mint  

In what is its first property purchase in U.S., SoftBank-backed Oyo Hotels and Homes, has bought the Hooters Casino Hotel Las Vegas. Hooters Casino Hotel will now be rebranded and designed as Oyo Hotel & Casino Las Vegas, the company said in a statement. As we continue to focus on bringing to life our popular concept of ‘comfort design’ and …

Homes Hotels Company Hotel Las Vegas Las Oyo