Skip to content 
Search

Latest Stories

India’s OYO Rooms to strengthen its business in the UK

INDIA’S booming hotel operator, OYO Rooms aims to open 500 sites in Britain as part of its expansion strategy.

Founded by Ritesh Agarwal, 25, the company already operates 35 hotels in the UK.


The hospitality firm plans to expand its business aggressively in the next 24 months in a direct challenge to hospitality giants- Premier Inn and Travelodge in the British market.

Jeremy Sanders, the co-founder of restaurant chain Coco di Mama is responsible to manage and expand OYO business in the UK.

The six year old business has already raised over £775 million from investors including SoftBank and Airbnb.

India’s one of the leading start-up valued at £3.84 billion by a funding round led by Japan’s SoftBank in 2018.

The firm operates over 8,500 hotels in India and has significant presence in China, Indonesia, and the United Arab Emirates (UAE).

OYO doesn’t build or own hotels. It approaches the independent hotel owners and offers to invest to improve their business. Thus, the hotels are re-branded as OYO Rooms.

OYO is responsible to upgrade, reshape, and alter the hotel rooms to improve the facilities in a bid to attract more customers and ultimately improve the hotel business significantly.

More For You

Tata-Steel

he Port Talbot EAF will produce up to 3 million tonnes of steel per year using UK-sourced scrap.

getty images

Tata Group begins construction of new Electric Arc Furnace in Port Talbot

TATA STEEL UK has started construction of a new Electric Arc Furnace (EAF) at its Port Talbot site in South Wales. Tata Group chairman Natarajan Chandrasekaran marked the groundbreaking ceremony on July 14, joined by Tata Steel CEO and managing director TV Narendran and Tata Steel UK CEO Rajesh Nair.

The EAF project is part of Tata Steel UK’s £1.25 billion plan to transition to low-carbon steelmaking, backed by £500 million from the UK government. The furnace is expected to be commissioned by the end of 2027 and aims to reduce carbon emissions at Port Talbot by about 90 per cent, or 5 million tonnes of CO₂ annually. The project is expected to support 5,000 jobs.

Keep ReadingShow less
Virgin Media

Virgin Media has not yet issued an official statement about the current outage

iStock

Virgin Media users face nationwide blackout and Sky Sports login problems

Highlights:

  • Virgin Media users report widespread service outages on the morning of 14 July
  • Over 400 complaints logged on DownDetector within hours
  • Customers say live chat support has been unresponsive or unhelpful
  • Issues also reported with Sky Sports app logins via Virgin Media
  • Company yet to issue full statement but advises users to contact customer services

Virgin Media broadband users across the UK experienced widespread disruption on Monday morning (14 July), with several hundred reporting a complete internet “blackout” and issues accessing the Sky Sports app via their Virgin logins.

According to data from DownDetector, over 400 reports were logged in the early hours, with affected customers sharing their frustration online. Many cited connectivity failures, poor customer support, and issues persisting for hours.

Keep ReadingShow less
Labour’s non-dom tax changes may cost £4bn, experts warn

Starmer and Reeves during a visit to Horiba Mira in Nuneaton in Nuneaton. (Photo: Getty Images)

Labour’s non-dom tax changes may cost £4bn, experts warn

PLANS by Labour to overhaul the tax rules for non-domiciled residents in the UK could cost the public purse up to £4 billion and result in the loss of thousands of private sector jobs, according to a new analysis.

A report by the Centre for Economics and Business Research (CEBR), shared with The Times, suggested that scrapping the current non-dom regime could lead to a sharp drop in tax revenues if even a fraction of those affected decide to leave the country.

Keep ReadingShow less
Tesla set to open first showroom in India

Elon Musk and Narendra Modi (right)

Tesla set to open first showroom in India

US CARMAKER Tesla is finally making its official debut in India with the opening of its first showroom in Mumbai.

The firm, led by Elon Musk, will unveil the new “Tesla Experience Centre” on Tuesday (15) at Maker Maxity Mall in the Bandra Kurla Complex, one of the city's top commercial hubs.

Keep ReadingShow less
Priya Nair becomes first woman CEO in Hindustan Unilever's history

Priya Nair (Photo: Unilever)

Priya Nair becomes first woman CEO in Hindustan Unilever's history

PRIYA NAIR has been appointed as the CEO and managing director of Hindustan Unilever Ltd (HUL), effective from August 1. She will be the first woman to lead the company in its history.

The announcement was made by HUL on Thursday (10). Nair, who currently serves as president, Beauty & Wellbeing at Unilever, will take over the role from Rohit Jawa, who will step down on July 31 to pursue other interests.

Keep ReadingShow less