Mohandas Pai slams OYO over ‘fake accounting’, hospitality major replies
New Delhi, Sep 20 (IANS) Former Infosys (NS:) Director T.V. Mohandas Pai slammed Ritesh Agarwal-run Oyo for allegedly misleading investors via ‘fake accounting’ as the hospitality major reported its maiden positive EBITDA during the first quarter of the current fiscal. Softbank-backed Oyo claimed (adjusted) EBITDA-level profitability of Rs 10.6 crore for the June quarter. In …
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