The Competition Commission of India is looking at MakeMyTrip’s dominant position in India and whether the company has abused it. This isn’t the first time the CCI has smelt something worth investigating, but if I were you, I wouldn't worry about it a lot. MakeMyTrip has been here before and it has emerged unscathed.
If you are a retail investor in the Nasdaq-listed company, I’d be more interested in what comes next in business.
Shanghai-headquartered Ctrip, after a deal with South Africa’s Naspers in April, now owns just under 50% of MakeMyTrip, which currently has a market capitalization of …
Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.
Editor-in-chief
ashish@mailtmc.com
London