Collaboration brings bigger gains competition and leading players in the domestic online travel space seem to have understood this. When in October 2015, MakeMyTrip, Goibibo and Yatra jointly decided to de-list budding budget hotel room aggregator Oyo from their platforms, Stage was set for an Oyo versus OTAs (online travel agencies) showdown. Oyo, however, decided […]

Arvind Ltd. has demerged its branded apparel and engineering businesses into separate companies and plans to list them on stock exchanges through a National Company Law Tribunal-driven process. Branded apparel business will be demerged into Arvind Fashions and the engineering business will be spun off into Anveshan and then renamed Anup Engineering. Existing investors will […]

Nearly 2 years after acquiring Jabong from Global Fashion Group for $70 million (about Rs 4.7 billlion), Flipkart-owned fashion retailer Myntra is looking to increase differentiation between 2 brands in order to win new customers. Myntra will continue to focus on the mass premium fashion segment where it has emerged as the leader, while Jabong […]