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

By Sanchita Dash Nov 15, 2018

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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

In the 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.

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