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IPO-bound Oyo eyes Rs 100 crore PAT in Q4, 20% revenue growth in FY24

Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed......

Oyo's India CEO, Europe head resign ahead of IPO

IPO-bound hospitality major Oyo's India chief executive officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. Photograph: Anushree Fadnavis/Reuters A company......

Why Foreign VCs Have Shut Their Taps

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year. IMAGE: Kindly note the image has been posted only......

Wipro chairman Rishad Premji's compensation down 50% as profits fall

Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm’s profit. Photograph: PTI Photo......

OYO pre-files draft paper for IPO; likely to list around Diwali

Oravel Stays - which operates hospitality tech firm OYO - on Friday pre-filed its Draft Red Herring Prospectus with stock market regulator Sebi, sources said. Photograph: Kind courtesy OYO......

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