EaseMyTrip had planned diversification of its operations when it went public, with a focus on growing the non-air business. Now, it is delivering just that.
We are tracking the Indian hotel industry's strong performance in the first quarter, and the momentum is expected to continue. Also interesting: Smaller cities continue to get a lion's share of new developments.
Has Oyo withdrawn its draft red herring prospectus? Yes. Has it shelved its IPO plans? No. According to sources, the withdrawal of Oyo's draft papers does not indicate that the hospitality company is abandoning its plans to go public.
While the future of India's travel and tourism sector looks promising, the reality right now is a bit different and that's exactly what the World Economic Forum's index reflects.
We're unpacking the travel industry's impact on jobs in India. There's no question the demand is there and companies want to hire. But we've also heard from industry leaders that it's going to be tough to retain the next generation of workers - changes are needed they say.
In its nine years of operations, Vistara's service quality has created a strong base of loyal customers. The new information shared by the airline sheds light on how the merger will impact these customers.
The TBO Tek shares made a strong debut on the Indian stock exchanges. This indicates a positive investor sentiment towards the travel and tourism segment.