Flipkart group companies cut FY25 losses as Myntra stays on profit trackUnder pressure to rein in losses ahead of a planned initial public offering (IPO) in 2026, Flipkart has managed to trim red ink across most...
29 Sep, 2025, 06.00 AM IST
Cloudy skies for Cleartrip: revenues jump 69%, but losses are substantialTotal expenses stood at Rs 886 crore in FY25, compared to Rs 990 crore a year ago. A significant chunk of this was attributed to employee b...
16 Sep, 2025, 08.11 PM IST
High temperature takes travel to a fever pitch, pushing up airfaresInternationally, short-haul destinations such as Vietnam and long-haul ones like Europe are seeing increased interest, say travel industry ...
01 May, 2024, 07.48 AM IST
Cleartrip CFO Aditya Agarwal steps down as top-level shakeup continuesCleartrip's CFO Aditya Agarwal resigns amid Flipkart's senior management changes. Akshat Mishra to succeed him. Agarwal's key role in Clear...
30 Apr, 2024, 08.27 PM IST
RBI’s tokenisation push for digital currency; Flipkart chief on profitabilityHappy 75th Republic Day! To widen the use cases of central bank-backed digital currency (CBDC), the RBI is exploring tokenisation of govern...
26 Jan, 2024, 10.53 AM IST
Locally made Pixel and more from Google India; importers may need certification for IT hardwareAfter years floundering in India’s booming smartphone market with an almost non-existent presence, Google is trying to rewrite the script. ...
19 Oct, 2023, 08.14 PM IST
Flipkart-owned Cleartrip's loss nearly doubles in FY23; income falls 17%Cleartrip reported a total income of Rs 96.7 crore in FY23, against Rs 117 crore in FY22, a decline of 17%, according to data from business...
19 Oct, 2023, 04.18 PM IST
Flipkart acquires Cleartrip as part of its diversification driveThe Flipkart-Cleartrip deal comes at a time when Flipkart and Amazon are aggressively pushing hotel and travel bookings on their sites as t...
15 Apr, 2021, 03.15 PM IST
Flipkart likely to bag Cleartrip for $40 million in distress saleTalks of a potential Flipkart-Cleartrip deal come at a time when the Walmart-owned e-commerce firm is making strategic investments across s...
14 Apr, 2021, 09.15 AM IST
Cleartrip’s tie-up with Digit pays off as insurance sales soarCleartrip said about 25% of customers buying flight tickets now opt for travel insurance against 15-18% before the partnership in January.
28 Dec, 2018, 09.12 AM IST
Cleartrip lays off up to 100 staff in IndiaThe company has laid off about 80-100 people across their offices in Gurugram, Mumbai and Bengaluru in functions like business contracting ...
05 Dec, 2018, 10.13 AM IST
Hotels lost business in violence following Ram Rahim verdictThere was a sharp increase in cancellations for the Chandigarh region during August 25-30, said Amit Taneja, chief revenue officer of Clear...
01 Sep, 2017, 01.18 AM IST
Alibaba-backed Paytm may pick up stake in online travel agency YatraPaytm, which started as an online payments platform, ventured into the travel marketplace last year to boost transaction rates in its core ...
30 Mar, 2016, 12.36 PM IST
For top travel portals like MakeMyTrip and Yatra, journey has been far from profitableLimited reach due to low internet penetration take a toll, even as offline peers like Cox & Kings and Thomas Cook make profits.
07 Dec, 2015, 10.41 AM IST
Airlines offer low fares even as festive season kicks inThe average 60-day fare in sectors such as Delhi-Mumbai, Mumbai-Bangalore and Mumbai-Goa is about Rs 3,200, about 20 per cent lower than la...
11 Sep, 2014, 05.50 PM IST
Travel portal Cleartrip hopes to break even in FY15 and make a profit next yearFreshly capitalised from a $5.4 billion investment from its investor Concur Technologies, the portal is in no hurry go for another round of...
18 Aug, 2014, 10.44 AM IST
- Travel site CEO held in data theft case
Eight months after charges of data theft were slapped against him by a rival company, Stuart Crighton, CEO of travel portal Cleartrip, was ...
10 Aug, 2010, 12.34 PM IST