BoI sells entire 5% stake in TransUnion CIBIL for Rs 190.62 croreCIBIL, which began operations in August 2000, was formed as a joint venture between banks and TransUnion.
How holiday packages are replacing traditional gifting ideas as season's favouritesIf gifting of holidays was rare and reserved for life’s milestones and special occasions in the past, it is slowly becoming a trend during ...
Travel companies beef up online presence for wider customer reachThe shift from offline to digital platforms has taken places across industries, and travel and tourism is no exception.
Peter Kerkar's travel company Cox & Kings buys UK hotel booking portal LateRoomsCox & Kings has acquired British hotel booking portal LateRooms.com from German rival TUI Group for £8.5 million, or about Rs 84 crore.
Cox & Kings acquires LateRooms from TUI Group for Rs 85 croreThe group plans to drive synergies from LateRooms’ association with its short break packaged holiday specialist in the UK, SuperBreak Mini-...
Germany’s TUI acquires local travel company Le PassageRussian billionaire Alexei Mordashov-backed TUI, Germany's leading travel group, has taken controlling share of Le Passage to India.
Booking from small cities like Mathura, Muzaffarpur, Ludhiana driving luxury travel boomClub 7 Holidays has created ‘Box Holidays’ packages, which includes cruise and several exotic destinations, especially for the small market...
IPL: Travel companies witnessing a spike in demand for travel to UAEIn the past one week, the call centre of tour operator TUI India has seen a huge number of enquiries related to IPL packages.
Falling rupee makes India hot tourist destination"India is definitely cheaper this season. Uptake of bookings for winter is better by at least 10-12%," says Arjun Sharma, managing director...
Emirates Holidays ties up with Indian companyEmirates Holidays has joined hands with an Indian tour operator to promote its wide range of holiday options among Indian travellers.
Emirates Holidays inks MoU with TUI India, Le Passage to IndiaWhile TUI India is a 50:50 joint partnership between Le Passage to India and TUI Travel PLC, Emirates Holidays is the tour-operating arm of...
- TUI Travel India partners with ICC for World Twenty20 2012
TUI Travel India has been appointed as the official travel agent in India for ICC World Twenty 20 2012 in Sri Lanka.
- Travel companies hop on for joy ride in boom time
With the travel business in India growing at over 30% in the past two years, almost all large and medium players are in the process of cons...
- Sonata eyes buys in US, Europe to extend reach
Sonata Software, Bangalore-based, mid-tier IT services firm, is actively looking at acquisitions overseas to accelerate its growth trajecto...
- Sonata buys 50% in German co for euro 18 mn
Bangalore-based IT company Sonata Software has acquired a majority stake in the German firm TUI Info Tec. Sonata has acquired 50.1% in the ...
- Sonata to acquire stake in Hanover co
Sonata has signed an agreement with TUI AG in an all cash deal for 18 million euros.
- Desi travel industry goes on M&A jaunt
Kuoni India, one of the biggest travel companies in India, has acquired a Delhi-based destinations management company, Distant Frontiers, w...