MMYT,MakeMyTrip Limited | Consumer Discretionary

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MakeMyTrip LimitedMMYT

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MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia.

The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels and packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance.

The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents network, as well as mobile service platform.

The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Latest News >

RBI's move to raise interest rates, likelihood of a good monsoon will help contain inflation: CII President

May 16, 2022

Sanjiv Bajaj, the newly-elected President of the Confederation of Indian Industry (CII), said various factors combined with the hope of a strong monsoon should ease the situation by the second half of the year for policymakers to decide where inflation and interest rates move.

Inflation rise due to impact of Russia-Ukraine war; RBI may hike rates by 75 bps: SBI Economists

May 16, 2022

SBI economists conducted a study of the Russian invasion's impact on inflation. Using February as the base case, the study revealed that due to the war alone, food and beverages, fuel, light and transport contributed 52 percent of the increase in inflation, while another 7 percent came from the jump in input prices for the FMCG sector. The economists also said the RBI was set to hike rates by another 0.75 percent to get the repo rate back to 5.15 percent, which was the pre-pandemic level.

Punjab farmers' unions slams Centre, calls ban on wheat exports 'anti-farmer' move

May 16, 2022

Farmers’ unions in Punjab also slammed the Centre for not announcing a bonus of Rs 500 per quintal of wheat, as demanded by them to compensate the drop in the yield on account of shrivelled grains due to intense heat wave in March.

India's consumer price inflation breaks RBI's comfort level fourth month in a row

May 12, 2022

Retail inflation soared to an eight-year high of 7.79 percent in April on annual basis mainly due to stubbornly high food prices, remaining above the RBI's upper tolerance level for the fourth month in a row.