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Easy Trip Planners Prospectus: Most revenue comes from air ticketing

Easy Trip Planners Prospectus: Most revenue comes from air ticketing
March 16, 2021
EasyTrip Planners Ltd. listed publicly last week with an offer of ₹510 crore, with the issue being entirely an offer for sale. Founders Nishant and Rikant Pitti, who hold more than 49% stake each, will sell shares to the tune of ₹255 crore each. The IPO of the company, which operates EaseMyTrip.com, was subscribed 160 times on the final day. The company said the objective of the IPO is to enhance visibility, brand, and provide liquidity to existing shareholders. The offer stood at 2.7 crore equity shares at a price band of ₹186 to ₹187. ....

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CNN CNN Newsroom May 28, 2013 17:07:00

the ntsb and coast guard both helping with this investigation into the fire. with cruise ship problems now in the headlines again, it is certainly turning people from away from making cruise ship vacations a destination. that is the question here. is that actually happening? zain, you ve got carnival cruise lines, several cruise run into trouble, including triumph standed for five days. what about the bottom line here? is this eventually going to hurt the cruise line, particularly that one? reporter: well, suzanne, you would think so. surprisingly, the cruise ship industry isn t being hurt as much as you might think from all of this negative publicity. carnival actually posted a profit of $37 million in the first quarter of the year. royal caribbean a profit of $76 million in the first quarter, despite having fewer sails than carnival. carnival says its booking ....

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CNN CNN Newsroom March 15, 2013 19:26:00

He happens to be the managing general partner of the miami heat basketball team, which is currently on a 20-game winning streak. here he is, photographed court side at a heat game, while about 4200 of his passengers were sloshing around in their own waste aboard the carnival triumph last month. you be the judge about whether or not that was a good place for him to be. but now, this man, aronsohn, has admitted, sort of, bookings dipped as a result of the debacle. despite considerable attention surrounding the corn val triumph, we have been encouraged to see booking volumes for carnival recover significantly in recent weeks. recover? from what? by how much? he doesn t say. but bookings prior to the incident had been high for 2013. since then, bookings appear to have fallen, causing carnival to lower its prices for cruises and all of that could hit the company s bottom line this and is why that is happening to the stock. ....

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