Travel appetite of Indians here to stay: Thomas Cook India
Close to 49 countries either have no visa or visa-on-arrival policy for Indian travellers. Pre-pandemic there were only five countries which offered visa-on-arrival to Indians.
makemytrip
August 2024
February 2024
January 2024
October 2023
May 2023
April 2023
October 2022
Affluent Lead India Consumption Story
Top 4% earners contributing heavily to consumption while the bottom 57% seem to be barely subsisting.
Budget 2024: Travel & tourism sectors’ wishlist for FM
Stakeholders and experts say rationalisation of GST rates, GST credit, cut in ATF, amendment in TCS should be in FM’s agenda for this year’s budget
MakeMyTrip’s Q3 profit surges to $24.2 mn; revenue up 27% YoY
Revenue experienced a substantial YoY increase of 26.9%, soaring to $214.2 million in Q3 FY24 from $170.5 million in Q3 FY23.
EaseMyTrip soars 17% amid Maldives row
The company’s market cap rose to ₹8,959.44 crore.
How MakeMyTrip pivoted from flight platform to travel super app
MMT in FY23 saw a GMV of $6.5 billion, from $1.63 billion in FY21. From a loss of $70 million, the company's profits have increased to $70 million in FY23.
TCS on overseas bookings should be levied by card-issuing banks: MakeMyTrip
There could be a significant loss of business for the domestic travel industry, says Mohit Kabra, Group CFO, MakeMyTrip
Nasdaq-listed MakeMyTrip's loss narrows to ₹92.1 cr in FY23
The company's gross bookings surged 122% year-on-year to ₹54,306 crore in FY23 as against ₹26,330 crore in FY22.
MMT Bets on Building Wealth, New Leaders
Travel solutions provider offers uncapped leave, attractive stock options and sops for buying e-vehicles.
CCI imposes ₹392 cr fine on MakeMyTrip, Goibibo, OYO
The regulator has slapped a fine of ₹223.48 crore on MakeMyTrip-Goibibo (MMT-Go) and ₹168.88 crore on OYO (Oravel Stays Limited) for indulging in anti-competitive conduct.
