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Up, down, and on the way up again? Ritesh Agarwal and Oyo's ride on the IPO roller coaster

In the last three years, Oyo massively trimmed its workforce, maintained decent top-line growth, and improved profitability. It has reduced debt and courts private equity interest now. But there are more knots to undo. A tortuous IPO process is just one.

Malaysia , Malaysian , Khazanah-nasional , Oyo , Ritesh-agarwal , Fitch-rating , Treebo , Moodys , Fabhotels ,

FabHotels Add 100+ Premium Hotels Making Luxury Stay Affordable

Pti: FabHotels Add 100+ Premium Hotels Making Luxury Stay Affordable

India , Indian-railways , Press-trust-of-india , Fabhotels , Add , 100 , Premium , Hotels , Making , Luxury , Stay

Competition concerns in platform markets: Dissecting the approach adopted by the CCI in the MMT-GO order

The reasoning adopted by the CCI in the MMT-GO case is likely to form the bedrock of its intervention in other digital marketing companies’ cases.

India , Ireland , Relevant-product-market- , Competition-commission-of-india , Competition-act , 002 , Make-my-trip-goibibo , Oyo , Fabhotels , Treebo , Cci

MMT revokes termination for Treebo Hotels, FabHotels on its platforms

“The honorable CCI had passed a consent order for relisting of FabHotels and Treebo on our platforms. We have accordingly revoked the termination of their erstwhile agreement and paved the way for their hotels to be relisted under the old agreement to allay any potential concern in relation to the new agreements," a MakeMyTrip spokesperson said.

India , Sidharth-gupta , Fab-hotels , Makemytrip , Competition-commission-of-india , Treebo-hotels , Competition-commission , Oyo , Mmt , Fabhotels , Cci , இந்தியா

World No Tobacco Day: How brands are motivating smokers to quit


This year, as we deal with a global pandemic, it is even more crucial to remind our loved ones who are addicted to smoking to adopt a healthier lifestyle and help them take charge of their own life. Smokers have up to a 50% higher risk of developing severe disease and death from COVID-19. It is not only harmful to those who consume it directly but those who live with people who smoke are also at risk of developing pathologies related to cigarettes!
So to help out those struggling with tobacco addiction, from showing graphic images of the damage caused by smoking to suggesting replacement techniques - Indian brands have done it all this year.

India , Delhi , Worldnotobaccoday-paytm , Worldnotobaccoday , Yahi-umar , Fabhotels , Dunzo-dunzoit , Pharma , Tata-motors , World-health-organization , Prudential-mutual-fund , World-no-tobacco-day

Hotel wars - The Economic Times


Hotel wars
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/ Morning Dispatch
India’s competition regulator has directed the country’s largest online travel firm
MakeMyTrip to relist the properties of two budget hotel chains, which it stopped listing in 2018 after signing an agreement with their rival Oyo. The court said clamping down on anti-competitive behaviour was especially important in “winner takes all” platform markets.
Also in today’s letter:
�� Indian IT: Escaping the Exodus
��
�� Paytm’s NUE plansMakeMyTrip told to relist properties of Oyo rivals
India’s competition regulator has directed MakeMyTrip to allow budget hotel chains
Treebo Hotels and

Delhi , India , Venu , Gujarat , Singapore , Haryana , Googler-amit-singhal , Shailendraj-singh , Nitya-ramakrishnan , Changpeng-zhao , Dhanya-rajendran , Vijay-shekhar-sharma

CCI tells MakeMyTrip to relist Oyo rivals Treebo, FabHotels


Synopsis
The move comes as an interim relief to Treebo and FabHotels amid an investigation into MakeMyTrip’s alleged misuse of its dominant position to block partner Oyo’s rivals.
Agencies
Bengaluru: India’s competition watchdog has directed MakeMyTrip to allow Treebo and FabHotels to relist their properties on its platforms, granting the two budget hotel chains interim relief amid an ongoing probe into alleged abuse of its dominant position by the online travel portal towards the competitors of its partner Oyo.
In an order on Tuesday, the Competition Commission of India (
CCI) directed MakeMyTrip to comply with the interim directions with immediate effect, stating that the conduct of MMT-Go (MakeMyTrip & Goibibo) in delisting franchises of the hotel chains had affected competition by denying them access to distribution.

India , Bengaluru , Karnataka , Fabhotels-treebo , Makemytrip-goibibo , Makemytrip , Federation-of-hotel , Competition-commission-of-india , Competition-commission , Restaurant-associations , Treebo , Goibibo

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow


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India , Nivedita-mookerji , Rajesh-magow , Makemytrip , Competition-commission-of-india , Competition-commission , Visa-credit-card , Standard-digital , Business-standard , Seamless-sign-up , Business-standard-digital , Debit-cards