The large-scale migration of working professionals and students (two big sets of users) across the country - from metros to smaller towns - resulted in large organised players like OYO, Stanza Living and Nestaway revisiting their growth plans

Kamaths are followed by Divyank Turakhia, 38, who registered a net worth of Rs 14,000 crore; at 26, OYO Rooms' Ritesh Agarwal is the youngest self-made entrepreneur in the list

Traditionally it has been observed that the Trust route has been subject to misuse and hence there are certain regulatory factors which need to be considered for employeestock award scheme(s)

With the COVID-19 pandemic presenting unprecedented business disruption, stock awards could be an effective tool for motivating and retaining key talent while deferring immediate cash outflow

According to a report by Bernstein, key segments like e-commerce, financial technology and education technology have grabbed investors' interest due to structural shift in consumer behaviour in wake of coronavirus pandemic

Recent analysis on COVID-19 impact has shown the investments to be either in the positive of neutrally impacted categories and most firms have 18-24 months of cash runways, said Kirthiga Reddy, Partner, SoftBank Investment Advisers

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Hurun India Unicorn Index 2020 has valued two of India's leading online food delivery start-ups -  Swiggy and Zomato - at an equal valuation of $3.5 billion each

Happiest Minds' founder Ashok Soota made a debut in Hurun India Rich List with net worth of Rs 3,700 crore

The top 10 unicorns in the country make up 78 per cent of the total value of India's unicorns. Paytm alone claims nearly 22 per cent of the total valuation share of these unicorns, with a valuation of $16 billion

Hurun India Rich list 2020: Mukesh Ambani's total wealth surged by 73 per cent or by Rs 2,77,700 crore to Rs 6,58,400 crore in the last 12 months, propelling him to become the richest individual in Asia and fourth richest person in the world

OYO opened its doors in the state in 2015 and since then it has added over 570 hotels and 7,500 rooms especially in Shimla, Dharamsala, Kasauli and Manali to its chain while generating over 3,000 indirect job opportunities

The new policy, aimed at helping local firms achieve better valuations, could be a shot in the arm for Indian unicorn start-ups valued at over $1 billion and Reliance's digital unit which is eyeing a U.S. listing after raising over $20 billion from global names like KKR & Co

SoftBank, the biggest investor in Oyo, will use part of its $5 billion Latin America fund to invest in the newly formed company called Oyo Latam which will take over 1,000 hotels mainly in Brazil and Mexico

For those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting, continued health coverage, parental insurance, and extension of OYO exigency fund

Major companies such as Flipkart, Paytm.com, Swiggy, Ola, Oyo Rooms, Zomato, Policybazaar, BigBasket, Delhivery, Dream11, Hike, Snapdeal, Udaan, Lenskart.com, Byju's and Urban Ladder, MobiKwik, Vedantu, Zoomcar, Quikr and many others have benefitted from Chinese investments, says CAIT 

With Bengaluru leading as India's unicorn capital with 8 unicorns, Gurgaon and Noida follow with 6 and 2 unicorns, respectively

Secretary-General Antonio Guterres said in a policy briefing and video address that tourism is the third-largest export sector of the global economy, behind fuels and chemicals, and in 2019 it accounted for 7 per cent of global trade

The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the COVID-19 situation

Oyo Japan, which is a joint venture between SoftBank's domestic telco unit (in Japan) and the Indian online hotel operator, is setting up a six-member management monitoring panel to set the virus-stricken business right in the country