Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
OYO’s Early Backers In Talks To Sell Partial Stake At $3.9 Bn Valuatio...
OYO’s Early Backers in Talks to Sell Partial Stake at $3.9B Valuation: OYO’s early investors are in talks to sell part of their stakes in the company, which is currently valued at $3.9 billion. The planned partial stake sale comes as OYO prepares for further expansion and explores strategic avenues for growth. The move reflects the growing confidence in OYO’s recovery and expansion potential after the company’s pandemic-related setbacks. The talks also highlight the liquidity options available to early investors, with the company’s strong position in the hospitality sector driving investor interest.