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  • Travel sector sees demand surge ahead of extended holidays in August Aug 08, 2022 06:22 PM IST

    Travel sector sees demand surge ahead of extended holidays in August

    Hotel rates and airfares are on the rise with a series of public holidays in the middle of this month, especially for last-minute travellers.

  • MakeMyTrip Q1 profit at $16.5 million Jul 27, 2022 08:05 PM IST

    MakeMyTrip Q1 profit at $16.5 million

    The Nasdaq-listed firm had posted an adjusted operating loss of USD 8.6 million in the April-June quarter of the previous fiscal.

  • Schengen visa issues saw Indian travellers turn to SE Asia, West Asia in April-June Jul 14, 2022 08:43 PM IST

    Schengen visa issues saw Indian travellers turn to SE Asia, West Asia in April-June

    However, with the end of the summer vacation cycle in India, and more international routes opening up post-COVID restrictions, demand is expected to taper back and spread out across other countries.

  • MakeMyTrip to increase all-women team of holiday experts Jun 23, 2022 01:00 PM IST

    MakeMyTrip to increase all-women team of holiday experts

    In FY22, the team of women freelancers, serving as holiday experts, helped curate packages for nearly two lakh travellers closing the year with highest-ever packages sold by these experts in over 10 years, MakeMyTrip said in a statement.

  • Travel and tourism industry likely to return to pre-pandemic levels by the end of 2022: MakeMyTrip Co-Founder & Group CEO Rajesh Magow Jun 10, 2022 08:33 PM IST

    Travel and tourism industry likely to return to pre-pandemic levels by the end of 2022: MakeMyTrip Co-Founder & Group CEO Rajesh Magow

  • MMT used the last two years to prepare for growth after the pandemic: MakeMyTrip Co-Founder & Group CEO Rajesh Magow Jun 10, 2022 07:36 PM IST

    MMT used the last two years to prepare for growth after the pandemic: MakeMyTrip Co-Founder & Group CEO Rajesh Magow

    Magow said that MMT has not only expanded its core business, taking its operations to 400 more cities in the past two years, but it has also added six new verticals to its business. He added that the entry into the six new businesses was done using in-house staff and very little investment.

  • MakeMyTrip ties up with banks, NBFCs, fintech players for 'book now pay later' option May 19, 2022 03:09 PM IST

    MakeMyTrip ties up with banks, NBFCs, fintech players for 'book now pay later' option

    New Delhi, May 19 Online travel firm MakeMyTrip on Thursday said it has partnered with 15 banks, NBFCs and fintech players, including HDFC Bank, ID..

  • MakeMyTrip plans to enhance business-to-business segment May 10, 2022 11:47 AM IST

    MakeMyTrip plans to enhance business-to-business segment

    The company currently has over 1,650 mid-to-large corporates and more than 30,000 MSME clients. It has engaged over 2,6000 offline travel agents as it plans a bigger play in the business travel segment.

  • MakeMyTrip sees 150% rise in super-luxury, premium hotel bookings during pandemic May 04, 2022 11:43 AM IST

    MakeMyTrip sees 150% rise in super-luxury, premium hotel bookings during pandemic

    One in every three Indian travellers searched and booked a premium or luxury property during the pandemic wherein, the average room per night cost was anywhere between Rs 13,000 to Rs 15,000, the company said, citing data recorded on its platform.

  • redBus launches 'redRail'; expects 10-15% contribution in gross ticketing value in 3-4 years Apr 12, 2022 04:56 PM IST

    redBus launches 'redRail'; expects 10-15% contribution in gross ticketing value in 3-4 years

    A 65 per cent overlap between bus and train travellers works to the company's advantage as the company will leverage the large user base of redBus to push redRail.

  • Summer of ’22: Bumper May-June expected as travel bookings rise Mar 28, 2022 10:49 AM IST

    Summer of ’22: Bumper May-June expected as travel bookings rise

    The upcoming summer vacation is the Indian tourism sector’s great big hope as travellers start making their plans.

  • MakeMyTrip partners with IndiGo to launch charter flights to Phuket Nov 10, 2021 02:58 PM IST

    MakeMyTrip partners with IndiGo to launch charter flights to Phuket

    "As the pandemic eases and countries begin welcoming back Indian travellers, MakeMyTrip together with IndiGo, is making travelling to the island easy while Phuket continues to remain closed for direct flyers from India," the statement mentioned.

  • Storyboard | redBus gets a post-pandemic boost from smaller cities and towns Oct 14, 2021 12:36 PM IST

    Storyboard | redBus gets a post-pandemic boost from smaller cities and towns

    redBus says it has seen an 80% recovery in bookings even though its core target group - salaried individuals - continues to work from home.

  • Travel bookings spike in August after a year of lull Sep 04, 2021 04:39 PM IST

    Travel bookings spike in August after a year of lull

    The noticeable uptick in ticket bookings can be credited to a significant drop in active coronavirus cases in the country, pent-up desire to travel, increased vaccination, and ease in COVID-19 restrictions.

  • MakeMyTrip refunded Rs 642 crore for travel bookings during March 25-May 24, 2020 Aug 30, 2021 03:16 PM IST

    MakeMyTrip refunded Rs 642 crore for travel bookings during March 25-May 24, 2020

    ''We have disbursed Rs 642 crore in refunds for travel bookings between 25th March to 24th May 2020. Over the past eighteen months, our teams have spent considerable number of hours to ensure that our customers remain duly informed about the progress of their refund requests,'' a MakeMyTrip spokesperson said in a statement.

  • Tickets booked with airlines under bankruptcy proceedings to get refunds after due process: MakeMyTrip CEO Aug 28, 2021 09:13 PM IST

    Tickets booked with airlines under bankruptcy proceedings to get refunds after due process: MakeMyTrip CEO

    MakeMyTrip CEO Rajesh Magow said that still certain airlines -- ailing with financial distress -- are to process refunds for bookings which do not fall under the period covered by the Supreme Court’s order.

  • Makemytrip exits IPO-bound ixigo with 8x returns; Deep Kalra steps down from firm’s board Aug 11, 2021 03:47 PM IST

    Makemytrip exits IPO-bound ixigo with 8x returns; Deep Kalra steps down from firm’s board

    Makemytrip invested in AI-based travel app ixigo in 2011. The app was launched in 2007 by Aloke Bajpai and Rajnish Kumar and its investors include Sequoia Capital and Elevation Capital.

  • COVID-19 impact: MakeMyTrip gives mandatory leave to employees to recharge themselves Jul 01, 2021 03:45 PM IST

    COVID-19 impact: MakeMyTrip gives mandatory leave to employees to recharge themselves

    Employees can take no-questions-asked paid time off for three working days before December 31

  • Paytm, MakeMyTrip, Infosys offer to help India with COVID vaccine bookings Jun 10, 2021 05:20 PM IST

    Paytm, MakeMyTrip, Infosys offer to help India with COVID vaccine bookings

    The government relaxed rules last month to potentially allow third-party apps to offer vaccine bookings and has taken back control of procurement from states following delays and shortages. It also faced initial problems with its own vaccine booking platform.

  • Ixigo, online travel site backed by Sequoia Capital and Elevation Capital, latest to join IPO bandwagon Apr 05, 2021 05:28 PM IST

    Ixigo, online travel site backed by Sequoia Capital and Elevation Capital, latest to join IPO bandwagon

    Ixigo aims to raise up to Rs 1,800 crore. Rival Easemytrip’s Rs 510-crore IPO was launched on March 19, 2021 and got listed at Rs 212.25 on the NSE, a 13.5 per cent premium to its issue price of Rs 187.

  • No change warranted in FDI norms, Amazon, Flipkart tell DPIIT even as other e-tailers call for penalties for violators Mar 25, 2021 04:38 PM IST

    No change warranted in FDI norms, Amazon, Flipkart tell DPIIT even as other e-tailers call for penalties for violators

    While Amazon and Flipkart expressed their concerns with regards to a proposed change in the existing rules, companies such as Tata Cliq, Snapdeal, BigBasket and Grofers were of the view that while the policy was fine, a proper implementation was lacking, according to sources who attended the meeting.

  • Catch Info Edge's Sanjeev Bikhchandani and MakeMyTrip's Deep Kalra live on Moneycontrol Masterclass at 5 pm today Mar 18, 2021 10:55 AM IST

    Catch Info Edge's Sanjeev Bikhchandani and MakeMyTrip's Deep Kalra live on Moneycontrol Masterclass at 5 pm today

    Can the upcoming internet IPOs lead to more capital inflows into private markets? What are the lessons for founders when transitioning from a startup to a listed company? Grab the chance to ask your questions to Sanjeev Bikhchandani and Deep Kalra, as they unpack crucial lessons on building and running a publicly listed Internet company.

  • CCI directs MakeMyTrip to relist Treebo, FabHotels: Report Mar 10, 2021 11:21 AM IST

    CCI directs MakeMyTrip to relist Treebo, FabHotels: Report

    The competition watchdog in February initiated an probe against MakeMyTrip and budget hotels chain Oyo over alleged unfair business practices.

  • MakeMyTrip-Google AdWord case | Delhi High Court issues bailable warrant against HappyEasyGo India directors Mar 02, 2021 11:12 PM IST

    MakeMyTrip-Google AdWord case | Delhi High Court issues bailable warrant against HappyEasyGo India directors

    The issue dates back to May 2018 when MakeMyTrip had filed a case against lesser known rival HappyEasyGo for infringing intellectual property rights.

  • Walmart-owned Flipkart in talks to add Cleartrip to its shopping cart Mar 01, 2021 10:30 PM IST

    Walmart-owned Flipkart in talks to add Cleartrip to its shopping cart

    Most large ecommerce players like Flipkart, Amazon and Paytm want to embrace the super-app strategy and be present in every business segment, be it retail, food delivery, payment services and travel. From that vantage online travel aggregator Cleartrip makes sense for Flipkart.

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