By Agro-Soft Ltd on 12.04.2023

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 technological platform 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…

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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.

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.

About Yatra Online

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.

In a statement released on Monthe role of a fiduciary in your estate, Yatra said TRTL will become a partially-owned subsidiary of Yatra, with the former’s leadership team heading the merged entity. The company has also raised $92.5 million of primary capital from a group of global investors. «There are two or three key areas where we want to deploy the proceeds,» Shringi told ET. The deal, which had an enterprise value of $218 million, eased the way for a backdoor public market listing. Yatra chief executive Dhruv Shringi is expected to ring the Nasdaq closing bell on Tuesday.The company’s stock had been priced at $10 before opening trade. The stock opened at $10 and remained unchanged at the time of going to press.

BRIEF-Yatra Online Announces Proposed Public Offering Of Ordinary Shares

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.

«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.

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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,…

• 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.).
• Investing.com – U.S. equities were mixed at the close on Friday, as gains in the Healthcare, Technology and Basic Materials sectors propelled shares higher while losses in the Utilities, Oil…
• 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.
• «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.»

The https://1investing.in/ 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.

Yatra Online Financial Status

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. Ayyappan Rajagopal, the CEO of Cleartrip said with rising customer expectations, the company identified a need to provide flexibility to choose from a wide-range of stay options to meet their travel needs. Commenting on the partnership with Cleartrip, Dhruv Shringi, co-founder and CEO, Yatra Online said he appreciates the ‘confidence’ and ‘faith’ shown by Cleartrip and Flipkart in Yatra by selecting Yatra as their supplier of choice for domestic hotels. The company said the addition of Yatra’s inventory with real-time pricing on Cleartrip, will enable both domestic and international travelers to have access to a wider selection of accommodation options.

The company will deploy some of the proceeds into the country’s tier-2 and tier-3 towns, as it looks to take advantage of the government’s push towards regional aviation and the growth in air travel demand. The company will deploy some of the proceeds into the country’s tier-2 and tier-3 towns, as it looks to take advantage of the government’s push towards regional aviation and the growth in air travel demand. The company promised to create a «one-stop shop» for its consumers by offering holiday packages as well as other services including visa assistance, excursions, sightseeing, performances, and events.

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.

US Fed says it failed to take forceful action on Silicon Valley Bank

Founded in 2006, Yatra has investors comprising of Reliance Capital, IDG Ventures, Norwest Venture Partners, Valiant, Network 18, Vertex Ventures, Macquarie, Intel Capital and RVCF. Over the course of the past decade, Yatra has established itself as one of the leading brands and companies in the Indian Internet space, he added. Find Vector Illustration Indian Festival Rath Yatra stock images in HD and millions of other royalty-free stock photos, illustrations and vectors in the Shutterstock collection. According to the draft Red Herring Prospectus , the proposed IPO consists of a new issue of Yatra India’s shares worth up to Rs 750 crore and an Offer for Offering of up to 9,328,358 shares. Investments in securities market are subject to market risk, read all the related documents carefully before investing.

In Bengaluru, the Information and Technology capital of India, as part of his \’Bharat Yatra\’, Satyarthi also called upon the engineering community to wage a \»technology war\» on child abuse and trafficking. \»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. The company is also gearing up to roll out an alternative accommodation platform, including home stays, according to Shringi. This will see the company once again, directly compete with MakeMyTrip, which also entered the space earlier this year with its home stay offering Rightstay. With more than four million customers, it has emerged as a trusted e-commerce travel brand in India. “Yatra will be the surviving company in the transaction and intends to be listed on the Nasdaq stock market under the symbol ‘YTRA’ following completion of the transaction,” Yatra had said in a statement.

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.

Child rights activist and Nobel laureate Kailash Satyarthi today 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. Social media is causing perversion of mind leading to increasing cases of child sexual abuse in the society, said Nobel laureate and child rights campaigner Kailash Satyarthi . Assuming a value of $4.90 per Yatra Ordinary Share, the transaction implies an enterprise value of $337.8mil at the Ebix collar price of $59 per share and post adjustment for Indebtedness, Working capital, Warrants to be converted and minimum cash requirement, a net equity value of $239 million. Yatra’s home stay platform has already been launched in beta mode and will continue as such till January end.

Yatra Online News & Analysis

Yatra Online Inc will be listed on the American stock exchange, Nasdaq, under the ticker symbol «YTRA» with effect from on Monday. THCL Travel Holdings Cyprus Ltd and Pandara Trust – Scheme I will sell shares through its trustee, Vistra ITCL , as part of the OFS. Nasdaq-listed Yatra Online Inc said in a statement that Yatra Online Ltd had received Sebi’s final observation letter on November 17 for its March DRHP application. The valuation of the company has now risen to $1.8 billion, according to Morgan Stanley, while investors peg valuation at $2.9 billion.

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.

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.

The price-to-book ratio is a company’s current market price to its Book Value. Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. Investing.com – U.S. equities were mixed at the close on Friday, as gains in the Healthcare, Technology and Basic Materials sectors propelled shares higher while losses in the Utilities, Oil… The Bank of Baroda customers with BOB debit cards will get certain offers and benefits on ticket booking at Yatra. Yatra has been expanding its technology division in the recent past by adding engineering talent at all levels.

Nobel Peace Laureate Kailash Satyarthi on Friday emphasised on the need for a strong anti-trafficking bill. ‘Operation Smile’ was launched by the ministry in January 2015 to rescue and rehabilitate the missing children. Scan the barcoded boarding pass at the airport e-gate; the facial recognition system there will verify your identity and the travel document.

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.

Nobel Peace Prize winner Kailash Satyarthi today urged people to protect the rights of children and put an end to their exploitation. Satyarthi is on a Bharat Yatra from Kanyakumari to New Delhi to raise awareness about crimes against children. Thanking chief ministers of Andhra Pradesh, Madhya Pradesh and Uttar Pradesh for their endeavour to safeguard children from exploitation, he said his fight to protect childhood would continue till every child in India feels safe. Ebix will be issuing 243,747 convertible preferred stock, which in turn will be convertible into 4,874,931 shares of Ebix common stock. A Digi Yatra ID will be generated after this information is entered; it must be shared when purchasing tickets. The departing airport will receive this ID and the passenger data from the airlines.