Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
Your holiday in Dubai just got a little cheaper. Thanks to Dubai World's crash, travel portals and agencies like MakeMyTrip, Yatra, Cleartrip and SOTC are offering packages at prices almost 40 percent lower than a week or two ago.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Move aimed at forcing airlines to revoke decision to withdraw 5 per cent commission.
With commissions from domestic airline ticket sales falling victim to lower fares over the past two years, online travel portals like Travelguru, Cleartrip, Yatra and Makemytrip are increasingly exploring non-airline business avenues like hotel bookings, car and bus rentals and holiday package tours to boost revenues.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
While portals such as makemytrip, cleartrip and ezeego have seen a rise of 30 per cent in advance booking in the first week of January, others such as yatra and travelocity, with a 10-15 per cent surge, are also expecting more bookings in the coming weeks. The cleverly-introduced advanced booking fares have induced passengers to book tickets until as late as November.
As the demand for air travel picks up in the smaller towns across the country, travel portals are aggressively moving into these markets outside the six metros wooing aspirant air travellers with easier booking facilities. Most of the prominent travel sites like makemytrip, yatra and cleartrip claim that the places to look at now are smaller cities like Varanasi, Surat, Chandigarh, Baroda, Ludhiana, Vizag and Coimbatore.
Travel portals are looking to encash the rising mobile user base for their value-added services.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
Investments are pouring into online portals for add-ons.
Online travel in India is booming - the number of online travellers has gone up and so has the number of travel portals.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Online air ticket bookings have overtaken online train ticket bookings as travel portals such as makemytrip.com dominate the top-of-mind category brand
Fifty Indian companies, including job portal Naukri.com, MakeMyTrip and consultancy firm MindTree are vying for the Red Herring Asia 100 award for excellence in technology.
Indian tours have seen an upswing partly because Nepal packages have been cancelled after the recent earthquake
Investors seem to be very keen on investing in startups.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Budget carrier SpiceJet on Friday triggered off a price war in the aviation industry announcing one-way discounted fares starting Rs 1,999 for travel between September and December this year, prompting IndiGo to follow with a similar offer soon after.
E-commerce players also realise the value proposition women employees bring to the table.
The sudden massive cancellations of Jet have put travel agents and customers in jeopardy
While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.
It's that time of the year when the FIFA lovers will be in full cheer to support their favorite teams in the World Cup 2018.
Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
It aims to grow gross merchandise value to Rs 19,000-25,500 crore.
July 14 features three big-ticket sporting events -- the World Cup final, the Wimbledon men's final and the British Grand Prix.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group's Indian Hotels Company, which owns the Taj brand of hotels, and EIH, which owns the Oberoi brand of hotels.
1mg has made buying medicines easy and it aims to do more in online health care.
His investment in Paytm is in his personal capacity.
What seems to have changed over the last two-three years is that earlier the CCI considered online as another channel for retail sales, while it now seems dividing the retail market into two -- online and offline, and looking at them separately, say competition law experts.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
With more and more youngsters preferring to shop online, the credit appetite has surged.
The final policy may be out only after formation of the new government, according to sources
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
Most Indian start-ups and e-commerce are largely funded by foreign investors
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