IPO-bound hospitality major Oyo's India Chief Executive Officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. A company spokesperson told Business Standard that the two had moved on from their roles six months ago in March 2023. During the same period, Oyo had rejigged its top management, where the company's COO Abhinav Sinha was reassigned as Chief Product and Technology Officer, while Chief Business Development Officer Anuj Tejpal was reappointed as Global Chief Merchant Officer.
'Not only the poor in India want sons, but even in the Indian community in the US and Canada. The more educated they are, the more access they have to money and use of technology in gender choice.'
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'