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The company is slated to end the quarter with a surplus cash flow of Rs 90 crore, Founder Ritesh Agarwal reportedly announced in an internal townhall recently
The company is slated to end the quarter with a surplus cash flow of Rs 90 crore
Ritesh Agarwal, Founder and Group CEO of OYO, said, “We will be doing all that we can to ensure that most of the people we are having to let go, are gainfully employed. Every member of the OYO team and I myself will proactively endorse the strength of each of these employees."
A clutch of buyers, consisting of Doha-based insurer Qatar Insurance Company (QIC) and a few high-net-worth...
The hospitality unicorn has written a letter to SEBI stating that the non-binding agreement between the two parties was terminated due to various issues, including non-completion of due-diligence.