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Noesis Capital Advisors, a Mumbai-based hospitality advisory firm, has filed a winding-up petition against Oravel Stays, the owner of OYO Rooms, a Gurgaon-based budget hotel aggregator. As claimed by the firm, OYO Rooms has failed to pay back an amount of INR 1.5 Crore, despite of using their services during the scaling-up phase of the […]
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