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World T&T deals decline 10.9% during Jan-March: GlobalData

World T&T deals decline 10.9% during Jan-March: GlobalData

Travel and tourism sector witnessed 10.9% year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May 2024. Despite this downturn, PE deals showed

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Global T&T deals decline 10.9% during Jan-March: GlobalData

Global T&T deals decline 10.9% during Jan-March: GlobalData

Travel and tourism sector witnessed 10.9% year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May 2024. Despite this downturn, PE deals showed

OTAs
Ixigo IPO to open on June 10; plans to raise INR 840cr

Ixigo IPO to open on June 10; plans to raise INR 840cr

The initial public offering (IPO) of Le Travenues Technology (Ixigo) is set to open on Monday, June 10, 2024. The company will be offering its shares in the range of INR 88-93 apiece. Investors can

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SKIL appoints Deepak Bohra as Chief Financial Officer

SKIL appoints Deepak Bohra as Chief Financial Officer

SKIL has appointed Deepak Bohra as Chief Financial Officer (CFO). Bringing over 15 years of overall experience, Bohra is a distinguished Chartered Accountant (CA) and Company Secretary (CS) with a remarkable track record in finance,

OTAs
Ixigo files DHRP with SEBI to raise INR 120cr via IPO

Ixigo files DHRP with SEBI to raise INR 120cr via IPO

Le Travenues Technology Ltd, parent company of ixigo, yesterday filed preliminary papers with SEBI to raise funds through an initial public offering (IPO). The Gurugram-based company's IPO will be a combination of a fresh issue

Outbound
South African Tourism records 43% growth in Indian arrivals for 2023; Delhi remains second largest source market

South African Tourism records 43% growth in Indian arrivals for 2023; Delhi remains second largest source market

Determined to build over the strong travel momentum witnessed in the previous year, South African Tourism wrapped up the second chapter of its 20th Annual India Roadshow at Shangri-La Delhi. Kickstarted on 12th February in