SoftBank Adjusts Its India Approach Amid Departures and a Fresh Emphasis on AI
SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.
SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.
PRISM, parent of OYO, filed IPO papers with SEBI after EGM approval to raise Rs 6,650 crore.
OYO's profits more than doubled in Q1 FY26, with a PAT over Rs 200 crore, reflecting strong recovery.
OYO added over 3,500 new corporate clients in FY25, marking a 20% growth in its corporate portfolio.
Delhi High Court ruled in favor of OYO, setting aside an arbitral award in its dispute with Zostel.
Oyo is postponing its October IPO again due to SoftBank’s objections, marking the third delay.
Oyo has launched Townhouse Cafe, aiming for 1,500 locations, enhancing guest dining via its app.
OYO has appointed Sonal Sinha as CEO of G6 Hospitality to enhance its North American presence.