The escalation in the US-Israel-Iran conflict has led to airspace closures across the Gulf and damage/disruptions at Dubai and Abu Dhabi hubs.
Travel aggregator Ixigo's board has approved the acquisition of a 60 per cent stake in Spain's second-largest train booking platform Online Travel Solutions (Trenes), for 11.70 million euro (over Rs 125 crore). The proposed acquisition will help leverage Ixigo's product, technology and AI leadership in the European OTA market as Trenes is engaged in the business of providing an online platform for train ticket bookings, primarily catering to the Spanish market, with operations extending to certain other parts of Southern Europe. Consequent to the acquisition, Online Travel Solutions, S.L. will become a step-down subsidiary of Ixigo, it stated in a late-night regulatory filing on Friday. The board of directors of Ixigo also approved the acquisition of a 45.02 per cent stake in Squad As Service, S.L., Spain (Sqaas) for a total consideration of 0.45 million euro (over Rs 4.83 crore). The total consideration for both acquisitions includes non-compete fees and authorisation of the signi
The stock price of Ixigo hit a new high at ₹316.80 on Thursday, and has more-than-doubled or zoomed 167 per cent from its 52-week low of ₹118.65 touched on April 7, 2025.
According to Capitalmind PMS's new report, India's travel boom is picking up fast. More money in people's pockets and better transport are leading to record trips within the country
Driven by higher train and bus ticket bookings, ixigo posted strong Q1 earnings, while its AI agent TARA now handles over 60 per cent of voice calls on its platform
Cleartrip veers towards higher people engagement in periods following AI crash, West Asia crisis
Namma Yatri achieves a landmark 100 million zero-commission rides, generating Rs 1,600 crore for 6 lakh drivers while building an open AI-led mobility infrastructure
Indian travel firms are suspending bookings to Turkey and Azerbaijan following the countries' statements on India's military action against Pakistan
ixigo IPO listing: Given the strong demand indicated by the oversubscription, the grey market premium (GMP) for ixigo shares as of June 17, 2024, stands at Rs 29
India's online travel firm has expanded its reach to major travel markets like the UK, Germany, Japan, Italy, France, and others
The company and its online travel peers such as Airbnb Inc. and Booking Holdings are contending with moderating travel growth
The online travel services platform delivered its highest-ever quarterly gross bookings during Q3 FY24
Lakshadweep tourism: Rajasthan-based travel platform Thrillophilia has announced a dedicated online platform for Lakshadweep for all travel-related information
Online travel booking platform EaseMyTrip.com on Wednesday announced venturing into the insurance sector with the launch of its subsidiary EaseMyTrip Insurance Broker Pvt Ltd. The company termed it a "strategic move" to diversify its service portfolio and tap into the insurance market by creating a specialised product to solve customer needs. "The new venture is expected to solidify EaseMyTrip's position in the industry and cater to a Rs 7.9 trillion market with EaseMyTrip's own 20 million userbase," the company said in a regulatory filing. The company's insurance foray comes days after it made headlines for suspending flight bookings to the Maldives in the wake of diplomatic tensions between India and the island nation.
Platform sees strongest quarter on the air front since Covid
Over half of Indians (55%) are planning purpose-related travel in India to engage in activities such as scuba diving, golf, yoga, or wellness retreats.
Products and services that will be offered under the EaseMyTrip Franchise will include flight booking, group fares, hotels, holidays, IRCTC (rail booking), cabs, buses, cruises, charters, and visas
In an interview with Business Standard, MakeMyTrip CEO Rajesh Magow talks about the steps the company took to emerge stronger from the Covid setback will help them withstand any uncertainty
EaseMyTrip, Airbnb and OYO among companies reporting steady growth in business as pandemic wanes
Cleatrip, which was acquired by Flipkart in a distress sale last year now becoming one of the fastest-growing online travel platforms