Yatra to start Technology Innovation Hub in Kochi- The New Indian Express

After that, passenger can enter and proceed as usual to get through security. Passengers can obtain Digi Yatra ID by sharing information such as their name, email address, mobile number, and specifics of an identification (Aadhaar, driving license, voter ID etc.). Axis Bank shares fall nearly 3% after lender reports Rs 5,361 crore loss … SEBI is planning to launch a new complaint system with an improved website and mobile application. Content Provided and Maintained by Directorate of Consumer Affairs & Public Distribution Kashmir, Government of Jammu & Kashmir.

Additionally, it will expand and increase opportunities and business avenues for the hotel partners, the company said. Yatra Online Inc said its Indian unit, Yatra Online Ltd, has received approval from capital markets regulator Sebi to conduct an initial public offering . March Software firm Ebix Inc EBIX.O said on Monday it has offered to buy Indian travel services company Yatra Online Inc YTRA.O for $336 million in a cash-and-stock… Various awareness programmes on issues concerning safety of children and young girls were held in the city today under Nobel laureate Kailash Satyarthi\’s nationwide campaign, Bharat Yatra. Satyarthi\’s movement against child sexual abuse and human trafficking aims to raise collective concern about the safety of children.

Sreeja Ramachandran, Senior Director, who will be heading the Kochi Innovation Hub, is planning to add a mix of fresh graduates and experienced software development professionals to the new team. “We are looking at adding 30 members to our team to start with, including Software Engineers, Engineering Managers, Product Managers, QA Automation Engineers etc”, she says. \”Children should be safe everywhere and if children start getting upset at the mention of school because they are touched inappropriately or are raped then this will not be acceptable,\” the Nobel peace winner told ANI. If the passenger has opted for Aadhaar-based verification, the identity will be verified online.

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The technological https://1investing.in/ was created with high dependability, security, scalability, integration, and innovation in mind. We run a unique eCash loyalty programme that allows passengers who book through our platform to accrue and redeem points, when available, to increase customer loyalty and provide an incentive for the workers of our corporate clients to trade with us as B2C customers. Yatra Online, Inc. (the “Company” or “Yatra”), India’s leading corporate travel services provider and one of India’s leading online travel agencies, announced today that with a view…

World-class wealth management using science, data and technology, leveraged by our experience, and human touch. As on 28th Apr 2023, the P/E ratio for Yatra Online, Inc. shares is null. To receive notifications via email, enter your email address and select at least one subscription below. Yatra Online, Inc. today announced its unaudited financial and operating results for the three months ended June 30, 2022.”We posted our best quarter yet since the onset of COVID,…

About Yatra Online, Inc

“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.” Yatra Online has also filed its DRHP for an IPO comprising a fresh issue aggregating up to Rs 750 crore and an offer for sale of up to 93,28,358 equity shares, including 88,96,998 equity shares by THCL Travel Holding Cyprus Ltd, one of its promoters. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. The issue comprises fresh issue of equity shares worth Rs.750 crores and a secondary offering of up to 88 lakhs equity shares by THCL Travel Holding Cyprus Limited, a subsidiary of Yatra Online, Inc., which amounts to approximately 8% of the shares outstanding of Yatra Online Limited. Yatra Online, a renowned online firm, has filed its preliminary papers with SEBI to raise funds and get publicly listed in the Indian market after already being listed on NASDAQ.

Yatra Online Inc share price live 2.000, this page displays NASDAQ YTRA stock exchange data. View the YTRA premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Yatra Online Inc real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the YTRA quote. Indian Nobel peace laureate Kailash Satyarthi on Monday started a cross-country march aimed at forcing authorities to clamp down on the widespread sexual abuse and trafficking of vulnerable children. Child rights activist and Nobel laureate Kailash Satyarthi on Thursday called for \”ending the silence\” on sexual abuse of children and underlined the need for an effective judiciary to deal with perpetrators of such crime.

The company might consider a further issue of equity shares, including a private placement aggregating up to Rs.145 crore which would indirectly reduce the original issue size. “We see a positive trend in the travel business and are optimistic about the growth of both domestic and international travel as the world gets used to the new normal” – said Dhruv Shringi, Co-founder and CEO of Yatra Online Pvt Ltd. Hundreds of people participated in the \’Bharat Yatra\’ launched by Nobel Peace Prize winner Kailash Satyarthi against child trafficking and sexual abuse of children.

The Ministry of Civil Aviation and Digi Yatra Foundation created the Digi Yatra app to provide contactless passenger identification at airports. The app allows users to board flights faster at airports and save time while travelling. Yatra customers booked more than 2.8 million air travel reservations and hotel stays with a total transaction value of more than $900 million during the year ended March, an increase of 25% from the previous year. As a part of this process, Yatra has raised more than USD 92.5 million of primary capital from global investors, and the merged entity, ‘Yatra Online Inc’, will continue to be led by Yatra’s management team, Yatra Online Inc said in a statement. “KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.” Enterprise Value is a measure of a company’s total value, often used as a more comprehensive alternative to equity market capitalization.

alpha may please refer to the Exchange’s Frequently Asked Questions issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Yes, you can buy Yatra Online, Inc. shares in India by simply opening an account with Scripbox. After the completion of the transaction, the company expects to be listed on NASDAQ Stock Market under the symbol “YTRA”. Overall e-tail industry reached $17.8 billion in size in 2017, out of which Flipkart accounts for 40% of sales. Satyarthi will get child abuse survivors, campaigners and religious leaders into his Bharat Yatra, which will commence on September 11.

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The Bharat Yatra is an effort to mobilise urgent action on these terrible crimes against children. The trading takes place a little over five months after it entered into a reverse merger deal with Nasdaq-listed special purpose acquisition firm Terrapin 3 Acquisition , and which was reported by which was reported by ET in July l. Online travel firm Yatra Online Inc will be listed on the American stock exchange, Nasdaq, under the ticker symbol “YTRA” with effect from on Monday. To strengthen customer loyalty and provide an incentive to the employees of our corporate customers to transact with us as B2C customers, we operate a proprietary eCash loyalty program that enables travelers that book through our platform to accumulate and redeem points, where applicable.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Newindianexpress.com reserves the right to take any or all comments down at any time. Yatra.com is also listed on the American stock exchange NASDAQ, under the ticker symbol “YTRA.” “We find Kochi as the strategic location to start our Technology Innovation Hub, considering the availability of talent,” added Manish Amin, Co-founder and CIO. Nobel laureate Kailash Satyarthi today said that dedicated courts should be set up in every district of the country to hear cases related to crimes against children.

Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited, which has its headquarters in Gurugram, India, and is one of India’s major corporate travel service providers, with over 700 significant corporate clients. For domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point taxis, homestays, and cruises, the firm provides information, price, availability, and a booking option. According to the official release, the firm is India’s largest platform for domestic hotels, with around 94,000 hotels and homestays contracted in approximately 1,400 locations throughout India and more than 2 million hotels worldwide. To further expand its corporate service offerings, Yatra Freight, a freight forwarding firm, was recently created. Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited whose corporate office is based in Gurugram, India, and is one of India’s leading corporate travel services providers with over 700 large corporate customers.

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Nobel laureate Kailash Satyarthi is on a Bharat Yatra, covering 11,000 kilometre across the country to spread awareness against child sexual abuse and trafficking, aiming for some policy moves. Nobel Laureate and child rights activist Kailash Satyarthi\’s month-long march Bharat Yatra against child sexual abuse, rape and trafficking has reached Assam. Addressing the students of Gauhati University where the march began, Satyarthi said the Yatra is aimed at initiating a mass movement calling upon each citizen to take urgent action to break the unacceptable silence about sexual abuse, exploitation and trafficking of children every day. The Bharat Yatra, launched by Nobel Peace Laureate Kailash Satyarthi on 11 September, entered the state of Karnataka, reaching Kolar on 15th September, the fifth day of the 35-day long march across the country to build unprecedented awareness on combating child sexual abuse and trafficking.

In December 2016, Yatra Online was listed on the New York Stock Exchange. The business may explore issuing additional equity shares, including a private placement of up to Rs.145 crore, which would lower the initial issue size indirectly. The issue’s book running lead managers are SBI Capital Markets Ltd, DAM Capital Advisors Ltd, and IIFL Securities Ltd. Shringi, however, did not disclose the names of the investors that had invested in Yatra, except to say that these were typical public market investors, including institutional funds.

What is the price band of Yatra Online IPO?

Enterprise value includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company’s balance sheet. Market cap or market capitalization is the total market value of all of a company’s outstanding shares. The new office at the Kochi Infopark area will be functional in the coming months. The company is already in the process of recruitment and is soliciting job applications on from the people in the software industry who prefer to work in Kochi. \”Sexual abuse of children is a moral epidemic and we have waged a war to root out this epidemic from society. I appeal all to come forward and protect the rights of every child in our country,\” Satyarthi said in Mumbai.

• The company is also gearing up to roll out an alternative accommodation platform, including home stays, according to Shringi.
• The issue comprises fresh issue of equity shares worth Rs.750 crores and a secondary offering of up to 88 lakhs equity shares by THCL Travel Holding Cyprus Limited, a subsidiary of Yatra Online, Inc., which amounts to approximately 8% of the shares outstanding of Yatra Online Limited.
• Digi Yatra uses a facial recognition system to verify identity of the travellers.

Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges. Investment in customer acquisition and retention, technology, and other organic growth initiatives. The price-earnings ratio is a company’s share price to the company’s Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities.

Following the completion of the transaction, Yatra will become part of Ebix’s EbixCash travel portfolio alongside Via and Mercury and will continue to serve customers under the Yatra brand. The transaction will create India’s largest and most profitable travel services company, and a leading online travel platform poised to capture significant international growth opportunities. Yatra Online, a well-known online company, has filed preliminary documents with SEBI in order to collect funds and become publicly traded in India after previously being listed on NASDAQ. The offering consists of fresh issuance of equity shares worth Rs.750 crores and a secondary sale of up to 88 lakh equity shares by THCL Travel Holding Cyprus Limited, a subsidiary of Yatra Online, Inc., representing approximately 8% of Yatra Online Limited’s outstanding shares.

The company is also banking on its partnership with Reliance, an existing stakeholder in the company, which will see the Yatra app pre-installed on the company’s Lyf-branded 4G handsets. As part of the deal, Reliance was issued a small equity stake, as reported by VCCircle. Yatra’s home stay platform has already been launched in beta mode and will continue as such till January end.

March U.S. software firm Ebix Inc EBIX.O said on Monday it has offered to buy Indian travel services company Yatra Online Inc … The sexual abuse and exploitation of children has grown to alarming proportions, and must be totally prevented at any cost, before more children lose their childhood to this repulsive and intolerable crime. The trafficking of children involves buying and selling them illegally for the purpose of their exploitation, and unless this crime is controlled, children will continue to lead extremely compromised and unsafe childhoods.