Wego, the leading online travel marketplace in the MENA (Middle-East and North African) region today announced that it has signed a definitive agreement with the India’s homegrown e-commerce platform Flipkart to...
NCLAT stays penalty on Writer Business Services by NCLT in Cox & Kings’ RP’s plea
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of the National Company Law Tribunal (NCLT) imposing a fine of Rs 20 lakh on Writer Business Services Pvt Ltd. The penalty was imposed for...
Booking to buy Swedish travel agency Etraveli for $1.83 billion
Online travel agency Booking Holdings Inc on Tuesday said it would acquire Sweden-based Etraveli Group for about 1.63 billion euros ($1.83 billion), its second major deal this month. Etraveli, currently owned by private...
MakeMyTrip & Amazon Pay announce strategic partnership
Amazon Pay and MakeMyTrip India, a fully owned subsidiary of MakeMyTrip Limited have announced a ‘strategic’ long-term partnership to offer travel services on Amazon.in which includes its suite of mobile...
Ixigo buys AbhiBus in cash and stock deal
Le Travenues Technology Limited, which operates travel platform ixigo, on Thursday announced that it has acquired bus ticketing and aggregation platform AbhiBus. The size of the deal has not been disclosed. The slump...
M&M to increase stake in Meru to 100%, Pravin Shah to take over as new CEO
Mahindra and Mahindra Ltd (M&M) said that it has agreed to buy the shares it didn’t already own in Meru Travel Solutions Pvt. Ltd (Meru) from existing shareholders. This would take M&M’s stake in Meru to 100%...
Yatra.com partners with Amazon Business to cater hospitality partners
Online travel firm Yatra.com on Wednesday said it has collaborated with Amazon Business to provide its hospitality partners with a wide range of products catering to their needs. Hospitality partners can leverage the...
Yatra terminates Rs 2,300-cr merger pact with US software firm Ebix
Online travel company Yatra has terminated its pending merger agreement with US-based software firm Ebix and filed litigation against it in the State of Delaware, seeking “substantial damages” for alleged breaches of...
Yatra Online terminates pending merger agreement with US-based Ebix Inc
Travel services company Yatra Online Inc on Friday said it was terminating a pending merger agreement with US-based software firm Ebix Inc and had filed litigation seeking “substantial” damages for...
MakeMyTrip partners premium hotels to launch online delivery service
MakeMyTrip (MMT) said it has partnered with premium hotel chains and independent properties in select cities across India to roll out online gourmet delivery service. With dine-in experiences coming to a halt due to the...
Expedia nearing deal to sell stake to Silver Lake and Apollo – WSJ
Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported...
Mahindra Holidays keen to acquire stressed assets across country, including Kashmir
Mahindra Holidays is looking at acquiring stressed assets in the hospitality sector across different parts of the country, including Kashmir. Kavinder Singh, MD & CEO of Mahindra Holidays and Resorts India Ltd, told...