FHRAI writes to Sebi to stop OYO from launching IPO after CCI penalty

The hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its market as a means to achieve a notional billion-dollar valuation which is a serious cause of concern for the hospitality ecosystem of the country."

from Tech-Economic Times https://ift.tt/pOQVB60