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Expecting a long lull due to Covid-19, Oyo gives pink slips to US staff

Expecting a long lull due to Covid-19, Oyo gives pink slips to US staff

According to ET, SoftBank-backed Oyo Hotels & Homes has laid off hundreds of employees in the US across divisions like sales, business development and HR since March end, recently sacked employees and company insiders told

News
India’s Swiggy Lands USD43B To Continue Branching Out Beyond Food Delivery

India’s Swiggy Lands USD43B To Continue Branching Out Beyond Food Delivery

According to Pymnts, Online food delivery platform Swiggy has raised USD 43 million as part of its ongoing Series I round to develop and expand its new businesses, according to multiple reports on Monday (April

Housekeeping
Coping with COVID-19 : FHRAI member hotels and restaurants offer govt access to over 45,000 rooms, serves 7 Lac meals per day

Coping with COVID-19 : FHRAI member hotels and restaurants offer govt access to over 45,000 rooms, serves 7 Lac meals per day

The Federation of Hotel & Restaurant Associations of India (FHRAI) through member hotels has voluntarily offered the Government access to over 45,000 hotel rooms from across the country. The rooms have been set aside to

News
Oyo suspends payments to hotels; Partners say clause not in contract

Oyo suspends payments to hotels; Partners say clause not in contract

According to the Economic Times, Oyo has written to hotel owners invoking ‘force majeure’ clauses on their agreements as the Covid-19 pandemic has severely impacted the business of their hotels. Oyo states in the letter

News
NRAI and BigBasket partner to help restaurant staff gain temporary employment

NRAI and BigBasket partner to help restaurant staff gain temporary employment

According to LiveMint, As India's massive restaurant industry continues to deal with an unprecedented lockdown that has caused several restaurants to suspend dine-in facilities, and forced some to temporarily shutter down—it is trying to salvage

News
Coronavirus impact: ixigo cuts salary of every employee

Coronavirus impact: ixigo cuts salary of every employee

Ixigo, a 13-year-old travel and hotel booking service in India, said on Monday it is cutting the salary of its entire staff as the firm grapples with severe disruption in its business due to the

News
Coronavirus impact: MakeMyTrip, Goibibo, redBus employees face salary cut

Coronavirus impact: MakeMyTrip, Goibibo, redBus employees face salary cut

According to Business Today, Travel firm MakeMyTrip has announced salary cuts as tourism sector have taken a massive hit due to the coronavirus outbreak. MakeMyTrip founder Deep Kalra said that the pay cut will happen

News
OYO partners with Apollo Hospitals to offer support for quarantine facilities

OYO partners with Apollo Hospitals to offer support for quarantine facilities

OYO has announced that it has been working closely with Apollo Hospitals to develop and support accommodation requirements of suspected Covid19 patients requiring quarantine/self-isolation. This is part of Project Stay I (Stay isolated) where Apollo

F&B
Cocoa Cellar: Mumbai’s new hotspot for boozy desserts

Cocoa Cellar: Mumbai’s new hotspot for boozy desserts

Cooking food in alcohol or adding it to food is an old technique. Wine, spirits and beer are commonly used in food as an ingredient to add a burst of flavour and aroma. But can

News
Oyo raises USD807 million from SoftBank, RA Hospitality

Oyo raises USD807 million from SoftBank, RA Hospitality

According to Financial Express, Oyo Hotels & Homes has raised USD807 million from existing backer SoftBank and founder Ritesh Agarwal-led RA Hospitality Holdings, according to the company’s RoC filings sourced from business signals platform paper.vc.

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