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Oyo narrows losses in FY23 at Rs 1,287 crore, revenue stands at Rs 5,464 crore

Company's domestic revenue services stood at Rs 1,383 crore, up from Rs 1, 139 crore in FY22.

India , Ankit-gupta , Mandar-vaidya , Ritesh-agarwal , Oyo-europe , Bloomberg , Apollo-global-management-inc , Apollo-global-management , Oyo , Oyo-fy23-earnings , Oyo-narrows-losses , Travel-tech-platform-oyo

Oyo India CEO, Europe head quit ahead of planned IPO

Both roles were already transitioned six months ago to Varun Jain, as COO India, and, Gautam Swaroop, as CEO OYO Vacation Homes, respectively, the company said.

India , Ankit-gupta , Oyo-europe , Varun-jain , Gautam-swaroop , Ankit-mathuria , Mandar-vaidya , South-east-asia , Oyo , Po , Ejig

Ankit Gupta, Mandar Vaidya move on from Oyo

"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Varun Jain, COO India, and, Gautam Swaroop, CEO, Oyo Vacation Homes, respectively," an Oyo spokesperson said

India , Varun-jain , Mandar-vaidya , Gautam-swaroop , Ankit-gupta , Oyo-europe , Ritesh-agarwal , Oyo-vacation-homes , South-east-asia , Middle-east , Oyo

Two top Oyo executives, including India CEO Ankit Gupta, quit

Ankit Gupta, India CEO at hospitality and travel tech startup Oyo, has quit the company ahead of a planned initial public offering (IPO).

India , Mandar-vaidya , Oyo-europe , Ankit-gupta , Ritesh-agarwal , Varun-jain , Anuj-tejpal , Gautam-swaroop , Abhinav-sinha , Southeast-asia ,

Johnson & Johnson to submit trial data of single-dose covid vaccine this month

Johnson & Johnson to submit trial data of single-dose covid vaccine this month
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FILE PHOTO: Vials with a sticker reading, "COVID-19 / Coronavirus vaccine / Injection only" and a medical syringe are seen in front of a displayed Johnson & Johnson logo in this illustration taken October 31, 2020. REUTERS/Dado Ruvic/Illustration
(REUTERS)
. Updated: 12 Jan 2021, 10:07 AM IST Bloomberg
If the data show the one-dose vaccine to be safe and effective, J&J will approach U.S. regulators for an emergency use authorization in February, and ‘other health regulatory applications around the world will be made in parallel’
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Johnson & Johnson’s preliminary data from the South African arm of a phase 3 Covid-19 vaccine trial will be ready for submission to U.S. regulators by Jan. 21, according to the head of the country’s Medical Research Council.

South-africa , Johannesburg , Gauteng , India , Moncef-slaoui , Balmer-lawrie , Oyo-europe , Glenda-gray , Aspen-pharmacare-holdings-ltd , Johnson , Warp-speed , Business-day

CIO scramble to equip remote workers sparked best PC growth rate in decade

CIO scramble to equip remote workers sparked best PC growth rate in decade
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Angus Loten
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The shift to remote work is jolting the lackluster personal computer market, as chief information officers and other corporate information-technology leaders raced to equip stay-at-home workers during the coronavirus pandemic, analysts say.
After a slowdown early in the year, total global shipments of personal computers in 2020 surged 11% from 2019, to 297 million units, according to a report Monday by research firm Canalys.
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'3 world records in a month': India now holds world record for fastest road construction, says GadkariPremium

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Söderström joins Oyo Europe

Söderström joins Oyo Europe
(REUTERS)
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Hospitality firm Oyo Hotels and Homes has appointed Martin HP Söderström, the chairman of DIG Investment, as a non-executive director at its European arm, Oyo Vacation Homes.
“As a mark of his trust and commitment towards the company, Martin will also buy shares worth an undisclosed amount in the parent company," it said on Monday.
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PPF vs NPS calculator: Key things to know if you want to invest ₹8,000 per month
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Oyo launched its European business in May 2019, focusing on vacation rentals. Vacation homes are a large and critical part of its global business and the firm will continue to expand it and invest in it, Oyo said.

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More blue-chip companies halt political donations after capitol riot by trump supporters

Big businesses including AT&T, GE and Amazon suspend giving to Republican group that sought to block Electoral College certification of Biden win

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DIG Investment's Martin Söderström backs Oyo's European biz, joins board

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

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