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Why the Digital Competition Bill has started a polarising debate in the tech industry
India’s Digital Competition Bill has turned previous foes in the tech industry into unlikely allies and sparked a polarising debate on market practices. The Committee on Digital Competition Law (CDCL) on February 27, submitted its report to the ministry of corporate affairs (MCA) after working on it for more than a year.
Why these Chinese working mothers don't want more babies
A woman leading a financial team earning more than her husband, another pursuing a dream to become a civil servant, and a budding influencer aiming to be the family breadwinner are all young mothers in China who have one thing in common: they are raising one child and don't want another, regardless of their husbands' opinions or the government's incentives aimed at addressing an aging population.
Paytm ties up with Skyscanner, Google Flights, Wego
Paytm co posted 19% y-o-y rise in total flight bookings in March quarter. International flight bookings on the platform rose 15% y-o-y in April. Recently the fintech firm also partnered with Samsung to offer flight, movies and event ticket booking through Samsung wallet. According to a company spokesperson, Paytm aim to deliver exceptional value and best travel experience to its customers.
Flying windows, fatal turbulence: Is flying in planes safe right now? Here is how to understand disruptions
Air travel disruptions, from minor mechanical issues to severe incidents, often cause anxiety but are rarely dangerous. Aviation experts stress that these problems are usually manageable due to rigorous safety protocols and backup systems, ensuring that flying remains one of the safest modes of transportation despite occasional alarming events.
Uttarakhand accident: Four women sharing flat in Noida among dead in tempo traveller accident
In a tragic accident in Rudraprayag district, a tempo traveller carrying tourists, including six flat mates from Noida Sector 51, plunged into a gorge. Four women from the group died, identified as Mohini Pandey, Smriti Sharma, Nikita Bhatt, and Anjali Srivastava, while two others, Vandana Sharma and Shubham Singh, were severely injured. The incident claimed 15 lives and injured 11, with critical cases transferred to AIIMS Rishikesh.
Samsung partners with Paytm to bring travel, entertainment services to Samsung Wallet
Samsung Galaxy users can now use Paytm services to make flight, bus, movie, and event ticket bookings on the Samsung Wallet. Samsung customers who use the Paytm app for flight, bus, and movie bookings, and the Paytm Insider app for event bookings, can add their tickets directly to Samsung Wallet.
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UPI boosts RuPay market share; cost pressure for gaming firms
Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and more in today's ETtech Morning Dispatch.
IPO gold rush for investors; second-hand EV sales sputter
Happy Monday! Investors in new-age startups are set for huge gains as these firms list on the public markets. This and more in today’s ETtech Morning Dispatch.
How investors struck gold in the new-age IPO boom
In the last month, several new-age companies backed by venture capital, have or are set to hit the public markets. This has resulted in a gold rush for their investors. Travel tech platform Ixigo is set to go public next week, while insurtech firm Go Digit and coworking startup Awfis have already listed on the exchanges in the past one month. Their investors, including Peak XV Partners, Elevation Capital, ChrysCapital and TVS Capital and A91 Partners, are sitting on multiple returns from some of these investments.
Tour de Fabulous: How India’s affluent are seeking extraordinary travel experiences
Personalised travel include things from watching a tuna auction in Tokyo to spending a night at the Palace of Versailles. This trend has led to the rise of luxury travel agencies. A community of about 570 travel agencies and concierges that curate high-end, bespoke journeys has come up.
Surprise poll results impact startups' plans, and other top stories this week
In a week charged with political buzz, the BJP government came back to power after a stormy election, but without a full majority that left it dependent on the whims of its alliance partners. Unnerved, the markets went into a tailspin on counting day, with both benchmark indices, Sensex and Nifty50, dropping 8% intraday. They recovered a day later as hopes of a stable government revived.
Space Elevator to be ready by 2050. Press a button and you are in space. Details here
A Japanese company is developing a space elevator to take tourists into space in an elevator at the press of a button. This project will be ready by 2050.
FLYING PYRAMID superyacht! Coming straight out of sci-fi show? How does it lift out of water and cruise?
A London-based firm has developed a super yacht in the shape of a pyramid which will enable it to fly even while being glued to the water. This will enable it to glide smoothly.
New-age consumer brands trend on deal street
Uppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sources told us. This would be the 3rd major deal in the space after Peak XV Partners’ Mokobara investment and Lighthouse’s bet on Safari.
Here’s how this Gujarati chartered accountant bagged free stay for his kids & cut transport expenses in Dubai
Shah disclosed his accommodation at a hotel charging Rs 12,000 per day. The entrepreneur emphasized his preference for hotels where additional charges for his children were not incurred. "It's always a challenge with growing kids, but fortunately, I consistently find deals where the 'Free Kids' allowance aligns with my children's ages. Moreover, these hotels offer access to Kids Clubs with babysitting services and various activities for children," he wrote.
Travel portal ixigo's parent firm, Bansal Wire Industries get Sebi's go-ahead to float IPO
The Gurugram-based Le Travenues Technology's proposed IPO will be a combination of a fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP).
Best Travel Pillows under 1500 in India for Comfortable Travels (2024)
Are you looking for travel pillows for yourself? If so, then continue reading this article where we have curated a list of the best travel pillows under 1500 in India. These pillows are soft and squishy while also falling within your budget. Explore the options and place your order using the buying links shared in the article below.
The Best 10 Neck Pillows for Less Than 500: Affordable Comfort
The article reviews the top 10 neck pillows, highlighting their features, benefits, and suitability for various needs. It provides a comprehensive analysis of each pillow's design, materials, and comfort level, offering readers valuable insights to make informed decisions. The selections cater to different preferences, including travel, ergonomic support, and therapeutic benefits.
Delays in Schengen visa appointment prompt Indians to change course to Georgia, Japan
For the third consecutive year, delays in Schengen visa appointments have led Indian travelers preparing for their summer vacations to explore alternative destinations. Industry executives note a growing trend of Indian holidaymakers turning to countries like Georgia, Australia, and Japan, which offer simplified visa procedures. Particularly noteworthy is Georgia's e-visa system. According to Rajeev Kale, President of Holidays at Thomas Cook (India), demand for Georgia has skyrocketed by an impressive 600% year-on-year.
10 Best Travel Pillows under 1000 for comfortable and cozy travelling
In this article comfort meets affordability! Go through this list of our meticulously curated assortment of top-tier best travel pillows under 1000 and make travelling more comfortable and comfy. From state-of-the-art memory foam wonders to effortlessly portable inflatables, this handpicked selection is designed to revolutionize your travel experience by offering unmatched neck support and convenience.
TBO Tek sees robust listing. What should investors do now?
TBO Tek strong listing can be attributed to the unwavering investor confidence in the company’s solid technological foundation and its potential for continued growth in the online travel sector.
TBO Tek shares debut at 55% premium over issue price
TBO Tek's shares debuted on NSE and BSE at premiums of 55% and 50% respectively. The company's appeal stems from its robust technological foundation, leveraging a proprietary platform. It raised funds from anchor investors for growth and inorganic acquisitions. IPO opening witnessed strong interest. General Atlantic acquired a minority stake in TBO.
TBO Tek shares to debut on Wednesday. What GMP signals ahead of listing
The TBO Tek IPO was booked over 80 times at close on strong interest from non-institutional investors. Ahead of the IPO opening, the company raised nearly Rs 697 crore from anchor investors.
TBO Tek IPO booked nearly 25x on Day 3. Check subscription, GMP, and other details
TBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and has an offer for sale (OFS) component of up to 1.25 crore shares by existing investors. The company's shares are trading with a premium of Rs 550 in the grey market.
TBO Tek IPO sails through on Day 2. Check subscription, GMP, and other details
TBO Tek IPO GMP: TBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and an offer for sale (OFS) of up to 1.25 crore shares by existing investors. The company's shares are trading with a premium of Rs 550 In the unlisted market.
TBO Tek IPO opens for subscription. Should you apply?
TBO Tek IPO GMP, Price Band: TBO Tek IPO opens today with a price band of Rs 875-920 per share. Analysts advise subscribing due to growth potential. The platform connects global buyers and suppliers. Travel industry is expected to reach $1.9 trillion in 2023.
TBO Tek IPO booked 39% so far on first day. Check subscription, GMP, and other details
TBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and an OFS of up to 1.25 crore shares by existing investors. Gaurav Bhatnagar, Manish Dhingra, LAP Travel, TBO Korea, and Augusta TBO will offload shares under the OFS.
Solar eclipse boosts travel as Americans chase rare celestial event
The upcoming solar eclipse drives high demand for lodging and travel in the United States. Airbnb, AirDNA, and Hertz report significant surges in bookings and prices, with international visitors flocking to witness the celestial event.
Travel firms ramp up hiring amidst governmental push on tourism
Indian travel companies are aggressively hiring mid-senior talent with AI and automation skills from hospitality and tech sectors, offering lucrative compensation packages. Recruitment firms like Michael Page India, Fidius Advisory, and Claricent Partners witness a surge in mandates.
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