India's leading leisure travel service provider Raj Travels' owner Lalit Sheth on Wednesday allegedly committed suicide by jumping off the Bandra Worli Sea Link bridge in central Mumbai, police said.
Raj Travels, an outbound tour operator, plans to sell Bangalore to international tourist through its recent tie-up with US-based Gray Line Worldwide.
Airlines are cutting down commissions putting their business under pressure.
While a few say that they have already recorded a significant drop in bookings, others say that if the trend continues, the effects will be reflected on the revenues for the next three to six months.