Shares of Le Travenues, which operates online travel booking platform ixigo, soared 78 per cent on their market debut (June 18) and surged 80.4 per cent in the three days over their issue price. Ixigo has joined competitors EaseMyTrip and Yatra on the bourses. Analysts believe the blockbuster response to ixigo may lead to greater scrutiny of the financial performance of other online travel aggregators (OTAs) like Easy Trip Planners, and Yatra Online.
'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'
The Delhi police has registered a case based on a complaint by a senior Territorial Army officer that a fake website of the organisation has been created by "scamsters" who are carrying out a fake recruitment drive using the online platform, officials said on Tuesday.
Gaps in enforcement, limited monitoring, and easy access to firecrackers from the NCR region where restrictions were slack were largely responsible for the widespread flouting of the cracker ban in Delhi on Diwali, experts have opined.
Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.
Later in the day, Flipkart condemned the attack and said it has blacklisted the seller from its platform and is extending all support to the probe agencies.
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
'An in-house contest encourages employees to share yoga and well-being practices with their families.'
The BSE Realty index on Monday soared 4.3 per cent-most among the 19-sectoral sub-indices-buoyed by the proposal to formalise fractional ownership of real estate in the country. The Securities and Exchange Board of India (Sebi) on Friday issued a discussion paper proposing to regulate online platforms offering fractional ownership in real estate, a model already popular in countries such as the United States and UAE.
The state police have called the scheduled rallies, support for which has been mainly garnered over social media platforms, as "illegal" and "unauthorised", and said they have taken necessary precautions to allay apprehensions about potential law and order situations during the march.
The Gujarat high court on Monday refused regular bail to Trinamool Congress (TMC) spokesperson Saket Gokhale in a case related to alleged misuse of money collected through crowd-funding.
Demonetisation and changes in buying patterns of consumers help in pushing online sales.
Pilot project in Bengaluru; Snapdeal got into the category last month
What is driving the digital-first approach of traditional, legacy brands? Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium.
Digital Personal Data Protection (DPDP) law aims to protect the privacy of Indian citizens while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.
Edtech major Byju's on Thursday introduced a new 'two-teacher' feature for its after-school online tutoring programme - Byju's Classes, a move aimed at delivering better learning experiences and outcomes. The two-teacher advantage offering - which will be available as a separate offering at about Rs 2,500 per month - will see students being taught by one expert teacher who uses strong visuals and storytelling to explain topics in-depth to ensure conceptual clarity. The second teacher will solve instant doubts, paying individual attention and making the sessions interactive and engaging.
An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.
The services were back and posts became visible after sometime, but some users were unable to see several of their posts in recent past on the platform, formerly known as Twitter.
Detective Inspector Matt Gregory of GMP's Trafford division said: "The actions of a small number of people overshadowed what was a hugely unifying event for our country on Sunday evening.
Throughout the five days of programming across multiple time zones, the lineup will showcase a variety of 'interactive online experiences that guests can book on Airbnb'.
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
The government on Wednesday directed online travel aggregators to process pending refunds related to air ticket bookings during the coronavirus lockdown period by the third week of November. In the wake of the coronavirus pandemic, there was a nationwide lockdown for varying periods starting from March 25, 2020, and scheduled commercial flight services were also suspended for a certain period. On Wednesday, the consumer affairs ministry held a meeting with online travel aggregators to discuss issues prejudicial to consumer interest in the travel sector.
While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license. UPI consumer data indicates stable market share, and expansion in partner networks in financial distribution. All this implies Paytm could be set to meet guidance of turning Adjusted Ebitda breakeven by Q4FY25 (ex of UPI-incentives).
Teaching your son about healthy boundaries requires helping him understand that it's okay to express emotions, says mental health coach Kiara Jain.
SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'
An online shooting tournament, held in bedrooms and basements, brought some positivity and a smile on the face of a young national- level shooter undergoing treatment for cancer in a Kolkata hospital. From her hospital bed, the ailing markswoman joined the proceedings in the second international online shooting championship through Zoom App, and expressed her delight at being part of an initiative that also resulted in a virtual post-match press conference.
Recent RBI data indicates net addition of credit cards is running strong at 18 per cent year-on-year (Y-o-Y), but growth in credit card limits is ahead of loans outstanding. Growth in lower limit cards is decelerating fastest. The West and South have more usage and online transactions are more popular than offline, with metros leading growth.
Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.
The initiative is being undertaken by the government of Karnataka, considered one of the leaders in the technology space. Currently, India doesn't have such a platform and, globally, there are very few privately-run platforms.
China delivered their best performance at a Summer Olympics since the 2008 Games on home soil
The NTA denied any irregularities and said the changes made in the NCERT textbooks and grace marks for losing time at the examination centres were some of the reasons behind the students scoring higher marks.
Did you know that you can bargain with customer care and if you're lucky, you may get your favourite product at an affordable price?
The first phase of this online platform will be in place by March 2010
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.
Walmart group firm Flipkart continues to dominate the e-commerce segment with 48 per cent market share while Softbank-backed Meesho has emerged as the fastest growing e-commerce platform in terms of user base in India, a latest report by AllianceBernstein said. According to the report, Flipkart's user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers. "As of FY23, Flipkart was the market leader, with a 48 per cent share in India eCommerce.
The government on Thursday announced new rules to curb misuse of social media platforms, as it mandated firms to appoint grievance officer, disclose the first originator of the mischievous information and remove, within 24 hours, content depicting nudity or morphed pictures of women.
Do you save more money if you use bank portals for online shopping?
WhatsApp has made the statement before Justice Yashwant Varma who was hearing a lawsuit by one of the aggrieved parties whose identity was earlier allowed to remain concealed by the court.
