Backed by SoftBank, Oyo aims to be the world’s biggest hotel chain. But its growth was fueled by questionable practices, employees said.
Vindu GoelBacked by SoftBank, Oyo became India's largest hotel chain. But much of its growth was built on dodgy practices, like giving free rooms to the police and listing unavailable rooms, current and ex-workers said. A thread on the @nytimes investigation.
Vindu Goel@nytimes Many properties on Oyo's service lack proper licenses. To deter harassment by authorities, Oyo gives free rooms to police and other officials, according to current and former employees.
A new law would give the country’s 1.3 billion people more power over data collected by companies but allow the government to exempt itself from the rules.
Vindu GoelIndia is poised to pass its first personal data protection law. It would give the country's 1.3 billion people much more control over how corporations use their data but also allow the government to exempt itself from similar restrictions.
SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world.
Vindu GoelArmed with $1 billion from SoftBank, Oyo became India's largest hotel chain by offering budget hotel owners guaranteed payments and big promises. Then, say hotel owners, it reneged on the deals. A thread on what we found
The country once had the world’s fastest-growing economy, but it has been battered by global and domestic forces. India’s troubles are a warning sign for other developing countries.
Vindu GoelAlan Greenspan believed men's underwear sales were an early guide to the health of the economy. By that measure -- and many more -- India is in a serious slump. Indians are even skimping on their teatime biscuits.
Vindu GoelAs Prime Minister Modi meets President Trump today to discuss trade and other issues, India's economy is in a serious slump.