Meet Oyo's New South Asia-India CEO & Uber Launches Fuel Price Index in India: 4 Things to Know TodayStay tuned to get every day updates in 60 seconds

BySanchita Dash•Nov 15, 2018

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Many interesting movements in the industry. Gautam Singhania has stepped down from his position of the chairman of Raymond Apparel. The industrialist will be replaced by Grey Group Asia Pacific's current CEO, Nirvik Singh.

2. Another name to resign this week is Ashok Chawla. The former bureaucrat has resigned from his position as Yes Bank's non-executive chairman over corruption charges.

3. In the biggest hire of the year, Oyo has appointed former IndiGo President Aditya Gosh as its new CEO for South Asia. Ghosh will look after the company's India and South Asia operations from December.

4. In a first, Uber launches fuel price index in India. After the recent strike all around the country, the cab aggregator has introduced the incentive to ensure its drivers earn a respectable income despite fuel price hike.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

在business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform).

Stories, movies and PJs are my thing.

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing.

Most Popular

See all

Finance

A Founder-First VC Firm That Likes Bold Ideas

BEENEXT's funding prospects for the coming year are optimistic as it continues to identify promising founders and their ground-breaking startup ideas.

由苏从

Real Estate

The No. 1 Thing Wealthy People Want in Luxury Real Estate, According to a 'Selling Sunset' Agent

It might come as no surprise that affluent buyers want "to have as much as they can" — but another key factor really sways their decision.

By Amanda Breen

Starting a Business

At 16, She Was a Homeless Single Mom With Serious Talent. Now, Her Business Brings in Millions.

Mimi G. Ford's online venture was earning seven figures within just three years. Today, she's excited to reach even more people.

By Amanda Breen

News and Trends

Farmology Secures Seed Funding By India Accelerator-Backed iAngels

The company plans to utilize the funds to improve the platform, enhance customer experience and build a larger stack of wellness services on the platform

By Teena Jose

Growing a Business

Why Being Profitable is a Business Strategy in Itself

Profitability is a part of the strategic effort to be a hyper-growth, customer-centric and commercially-minded organization. And yes, it's a strategy.

By Max Faldin