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CEO Kalyan Krishnamurthy says the deal will help Flipkart transform customer experiences through digital commerce

Flipkart buys 100% stake in Cleartrip; to solidify position in travel booking

Apr 15, 2021

Cleartrip is latest addition to list of acquisitions by Walmart-owned Indian e-commerce major in various sectors. Acquisition of Cleartrip enhances Flipkart group's position in India, which already has Myntra, PhonePe, eBay, Ekart, Jeeves, Jabong and Flipkart Wholesale as its subsidiaries

Flipkart to take over Cleartrip; Top execs to see 6% pay hike in 2021

Apr 15, 2021

Delhi Chief Minister Arvind Kejriwal on Wednesday urged the central government to treat journalists as frontline workers and vaccinate them against COVID-19; Russia has announced that the country is already enabling free technology transfer and financial support for capital expenditure to its Covid-19 vaccine manufacturing partners in other countries, including India; As many as 93% companies in India are looking to hire internally for vacancies, according to a study by professional networking and job search firm LinkedIn, with an almost equal number merging roles to reduce talent acquisition costs. Watch this and more news on News Blast.

Also Read: WPI inflation rises to 8-year high of 7.39% in March

Air India looking to hire CEOs for its subsidiaries

Apr 15, 2021

Air India looking to hire CEOs for its subsidiaries

National carrier Air India has sought applications for the post of chief executive officer (CEO) for its subsidiaries Air India Engineering Services Ltd (AIESL), Air India Airport Services Ltd (AIASL) and Alliance Air Aviation Ltd (AAAL). The selected candidates will be hired for a contract period of three years, extendable by two years based on performance.

Flipkart to take over Cleartrip in distress sale

Flipkart will acquire embattled travel and booking platform Cleartrip, one of the oldest Indian players in the segment. This will be the latest addition to the list of acquisitions by the Walmart-owned Indian e-commerce major in various sectors. The deal is likely to be a mix of cash and equity and will see Cleartrip valued at $40 million.

Pandemic no bar, top execs to see 6% pay hike in 2021: Aon

India Inc's top honchos are likely to get a 6 per cent salary hike in 2021, with the pandemic affecting executive salaries less significantly than the global financial crisis of 2008-09, according to a study by global professional services firm Aon. The study further states that the median CEO compensation, excluding long-term incentives (LTI), for owner-promoter CEOs is Rs 15 crore.

COVID-19 vaccination: Kejriwal urges Centre to treat journalists as frontline workers

Delhi Chief Minister Arvind Kejriwal on Wednesday urged the central government to treat journalists as frontline workers and vaccinate them against COVID-19. He said the Delhi government will write to Centre on the issue.

Russia offers free transfer of Covid-19 vaccine tech to India, other manufacturing partners

Russia has announced that the country is already enabling free technology transfer and financial support for capital expenditure to its Covid-19 vaccine manufacturing partners in other countries, including India. Russian Direct Investment Fund (RDIF), the agency that is spearheading Sputnik V vaccine manufacturing and supply partnerships globally, said India has become the 60th country to approve Sputnik V.

9 in 10 firms to hire internally: LinkedIn

As many as 93% companies in India are looking to hire internally for vacancies, according to a study by professional networking and job search firm LinkedIn, with an almost equal number merging roles to reduce talent acquisition costs. The findings come at a time when companies are looking to optimise costs but keep businesses functioning after a year of wreckage across sectors due to the coronavirus pandemic that has left the workforce burned out.

Flipkart to take over Cleartrip in distress sale

Apr 14, 2021

The deep jolt to travel and tourism industry on account of the coronavirus pandemic led to Cleartrip slipping into distress; this acquisition will mark Flipkart's entry into the segment

Budget 2020: Travel company Cleartrip CFO Indroneel Dutt has urged the government to take cognizance and resolve challenges for the aviation industry

Budget 2020: Tourism sector demands better infrastructure, connectivity

Jan 31, 2020

Budget 2020: Travel and tourism industry expects upcoming Budget to carry the vision to lift domestic infrastructure to meet global benchmarks

You can now book your flight tickets on Amazon

Now, flight tickets can be bought on Amazon app

May 19, 2019

Launched in partnership with Cleartrip, the new flight booking service can be accessed via Amazon Pay section in the Amazon app or on the Amazon.in website

Currently, India's online travel booking market is worth $8 billion. It is expected to grow to $13.6 billion by 2021.

Tier-2, 3 cities most-travelled destinations last year; accounted for 60% growth in domestic travel

Apr 14, 2019

The travel business of Paytm has witnessed a four times rise in its customer base this year. Last year, the online payment firm had a customer base of 9 million which has now increased to 13 million.

Honor 10 Lite launched in India; check out price, specifications

Jan 15, 2019

The Honor 10 Lite has come as a successor to the much loved Honor 9 Lite. Honor 10 Lite launch offers include a Jio cashback worth Rs 2,200 and a Rs 2,800 Cleartrip voucher.

Upset over IRCTC's new fee plan, travel agencies may approach regulatory authorities

Jul 24, 2018

The IRCTC has decided to charge Rs 12 and taxes for every ticket booked through online portals as annual maintenance charges. And if the maintenance collection during the year falls short of the minimum amount, the difference will be recovered from the online travel agent when the service agreement is renewed. 

Swiggy, PhonePe join hands for simplified payment

Mar 22, 2018

While Swiggy adds one more UPI payment option, Flipkart-owned digital wallet forays into food delivery market

Urban Indians are ditching traditional celebrations, opting to travel this Diwali

Oct 09, 2017

Cleartrip's hotel bookings for Diwali have gone up by 74 per cent.