In its 75th year, SOTC Travel reiterates its focus on the India market Expands its distribution with a new Holiday Store in Bhopal

Jan 19, 2024 SOTC Travel, one of India’s leading travel and tourism companies, expands its retail footprint in Central India with the inauguration of its new store in Bhopal’s renowned Arera Colony. This new addition increases SOTC’s network strength to 2 stores in Madhya Pradesh (1 retail and 1 franchise). The new outlet will also…

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MakeMyTrip Limited Announces Repurchase Right Notification for 0.00% Convertible Senior Notes due 2028

GURUGRAM, India- BUSINESS WIRE– MakeMyTrip Limited (“MakeMyTrip” or the “Company”) (NASDAQ: MMYT), a leading travel service provider in India, today announced that it had issued a Repurchase Right Notice  (the “Repurchase Right Notice”) addressed to holders (each, the “Holder”) of its 0.00% Convertible Senior Notes due 2028 (CUSIP No. 56087F AB0) (the “Notes”). The Notes…

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MakeMyTrip Limited to report Fiscal 2024 Third Quarter Financial & Operating Results on January 23, 2024

Gurugram and New York, January 15, 2024 MakeMyTrip Limited (Nasdaq: MMYT) plans to report its fiscal 2024 third quarter financial and operating results before markets open on Tuesday, January 23, 2024. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not distribute over newswires. A live Zoom Webinar with the…

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6.43 million Foreign Tourists visited India in between Jan to Sep this year

New Delhi, DEC 11, 2023 Ministry of Tourism promotes India as a holistic destination in the tourism generating markets to promote various Indian tourism products and tourism destinations of the country to increase India’s share of the global tourism market. The above objectives are met through an integrated marketing and promotional strategy, and a synergized…

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Invitation to join the 15th ATOAI Annual Convention at the Statue of Unity, Gujarat, 16-19 December, 2023

10th November, 2023 ITOAI inviting members to join for the 15th ATOAI Annual Convention at the Statue of Unity, Gujarat, 16-19 December, 2023. The theme of the convention is Indian Adventure Travel: Exploring New Frontiers. The annual convention of the Adventure Tour Operators Association of India is a gathering of the most significant and relevant travel companies, tourism…

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Emirates Group announces record half-year performance for 2023-24

DUBAI, U.A.E., 09 November 2023 The Emirates Group today announced its best-ever six-month financial result. The Group is reporting a 2023-24 half-year net profit of AED 10.1 billion (US$ 2.7 billion), surpassing its record half-year profit of AED 4.2 billion (US$ 1.2 billion) last year by 138%. The Group also reported an EBITDA of AED 20.6 billion…

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TAAIs appeal to FM on abolishment of TCS

New Delhi, 27 September, 2023. Further to the various communications TAAI had with Ministry of Finance, Govt. of India as well as CBDT on the matter regarding abolishment of Tax Collection at Source (TCS) for Overseas Tour Packages, once again TAAI has written to the ministry bringing to the fore the challenges faced by travel…

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