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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The online travel aggregator is struggling to grow now more than ever. Meanwhile, its promoters' stake sales reveal a pump and dump pattern that does little to ease shareholders’ concerns.
Lately, it’s been getting tougher to make sense of online travel aggregator EaseMyTrip and its promoters, the Pitti brothers. Needless bonus issuances, big-bang business announcements that go nowhere and massive promoter stake sales are making its 1.089 million public shareholders, who have seen a relentless decline in the share price for 18 months, a worried lot.
This post on X, for example, raises concerns about the company’s corporate governance: “Gensol Engineering, EaseMyTrip, Ola Electric, and many others, our hard-earned money is gone is washed away because we invested in companies plagued by poor corporate governance… You must be extremely cautious …
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
