Paralympian Deepa Malik

Photo: The Economic Times

OYO Appoints Paralympian Deepa Malik As Independent Director

Deepa Malik, an Indian-athlete who won a silver medal at the 2016 Paralympic-Games, has been named as an independent-director on the board-of-directors of Oravel-Stays Ltd (OYO) on October 13. In addition to chairman Ritesh Agarwal, Malik joins the board of OYO, which has three other independent members and one nominated director. Over the last couple of years, OYO has worked to make its company and board of directors more inclusive. 

Wed, 13 Oct 2021 - 07:13 PM / by Vidhi Jhunjhunwala

Tags: Oyo, Paralympian, Deepa Malik, Director

Courtesy: Deccan Herald

Zostel and OYO

Photo: Legal Sarcasm

OYO Opposes Zostel Threats To Restrict OYO's IPO Activities

In retaliation to a notice from Zostel threatening to limit its IPO preparation efforts, OYO published an open letter on its blog. OYO is allegedly planning a public sale of shares "without complying with the provisions of the award and allotment to the shareholders; the ownership to which they are entitled," as per Zostel. In response, Oyo claims that it is an attempt to circumvent the Delhi High Court's processes.

Wed, 29 Sep 2021 - 05:05 PM / by Vidhi Jhunjhunwala

Tags: Oyo, zostel, hostel, IPO, shareholders

Courtesy: Deccan Herald

Ritesh Agarwal, CEO, OYO

Photo: Tech In Asia

OYO Has Filed Bankruptcy Is Absolutely Untrue And Inaccurate, Clarifies CEO Ritesh Agarwal

OYO's CEO Ritesh Agarwal clarifying about the fake rumours around OYO filing for bankruptcy ‘is absolutely untrue and inaccurate.’  A fake PDF and text message is being circulated on social media saying OYO has filed for bankruptcy. However, the issue was entirely different where a claimant was seeking Rs 16 lakhs from OYO, which was already paid. For the same, OYO has appealed to NCLAT challenging the order.

Wed, 07 Apr 2021 - 04:37 PM / by Samanth Lanka

Tags: Oyo, ritesh agarwal, BANKRUPTCY, NCLAT, Fake News, Social Media

Courtesy: Brifly Exclusive

Representational photo

Photo: CFR

Two Indians Abducted In Nigeria's Oyo State; Police Alarm Foreigners

The Nigerian police have alerted the non-natives in the country after two Indian workers were kidnapped on gunpoint on December 9. The two Indians were kidnapped from Nigeria’s Ibadan City of Oyo state where they worked in a pharmaceutical firm. While the families of the Indians have not been contacted by the kidnappers, the police spokesman Olugbenga Fadeyi assured of a "concerted effort". Hundreds of Indians work in Nigerian pharmaceutical… read-more

Mon, 14 Dec 2020 - 01:08 PM / by Harsh Vardhan

Tags: Nigeria, Nigerian Police, Pharmaceutical, Oyo, Nationals Kidnapped

Courtesy: Hindustan Times