Articles tagged “india”

India Aims to Repatriate Hundreds of Thousands of Stranded Citizens

India Aims to Repatriate Hundreds of Thousands of Stranded Citizens

Sanjeev Miglani, Reuters

India is working with Air India and some Arab Gulf states to repatriate hundreds of thousands of migrant laborers and other citizens stranded by the coronavirus pandemic. It could end up being one of the largest emergency evacuations in decades.

4 weeks ago

Where Is India Outbound Tourism in Asia’s Post-Pandemic Recovery Order?

Where Is India Outbound Tourism in Asia’s Post-Pandemic Recovery Order?

Xinyi Liang-Pholsena, Skift

Much of the post-crisis tourism recovery conversation has focused on China. But India should not be neglected, especially for destinations that have seen the perils of fixating too much on a single market boil over at the onset of the global pandemic.

4 weeks ago

India Holds Back on Lifting Flight Ban

India Holds Back on Lifting Flight Ban

Kanishka Singh, Reuters

Maintaining a ban on domestic flights is unlikely to help the country's roadmap to restart industrial activity, which begins this week.

2 months ago

Oyo Furloughs Thousands of Employees Globally Except for India

Oyo Furloughs Thousands of Employees Globally Except for India

Dennis Schaal, Skift

Oyo put in place a substantial number of furloughs — likely in the thousands — and there are probably many more to come after the India lockdown ends. The Oyo that emerges will look different than the rocket ship of a year ago. Withdrawing from certain markets will certainly have to be under consideration.

2 months ago

India to Stop Domestic Flights and Suspends Rail Service

India to Stop Domestic Flights and Suspends Rail Service

Sanjeev Miglani and Aditi Shah, Reuters

While India had only eight confirmed deaths from coronavirus as of Monday, experts warn that a jump in cases is likely soon. Prime Minister Narendra Modi's government ordered a shutdown of domestic flights. Rail travel is already suspended. The economic pain will be fierce.

2 months ago

India Shuts Down Border With Myanmar, Extends Travel Restrictions

India Shuts Down Border With Myanmar, Extends Travel Restrictions

Shilpa Jamkhandikar, Reuters

Even though Myanmar has no reported cases of coronavirus, India is making the prudent move to shut down the border, knowing full well the limitations of its health care system if a full-blown outbreak should spread across the country of 1.4 billion people.

3 months ago

Shangri-La Lost and Found: Can Bhutan Find Its Way Back to Tourism Paradise Again?

Shangri-La Lost and Found: Can Bhutan Find Its Way Back to Tourism Paradise Again?

Shuriah Niazi, Skift

Bhutan’s high tourist fee was one key reason the country managed to avoid the pitfalls of mass tourism until recently. It’s high time that the sustainable tourism development fee is uniformly levied for all tourists, regardless of their origins.

3 months ago

Oyo’s Annual Losses Ballooned to $335 Million in 2019

Oyo’s Annual Losses Ballooned to $335 Million in 2019

Xinyi Liang-Pholsena, Skift

Oyo appears to be taking its once-explosive global expansion strategy down a few notches, and that could be a good thing for the young company in the face of still-uncertain impacts from the coronavirus and the reputational damage it recently suffered. These losses aren't pretty.

4 months ago

Lastminute.com Pushes Into India With HolidayIQ Deal

Lastminute.com Pushes Into India With HolidayIQ Deal

Patrick Whyte, Skift

Speculation continues to grow around Lastminute.com Group's ownership. In the meantime it's getting on with expanding its presence across the globe.

4 months ago

Oyo Investor SoftBank Hit by Another Earnings Setback as Profit Plummets

Oyo Investor SoftBank Hit by Another Earnings Setback as Profit Plummets

Sam Nussey, Reuters

SoftBank founder Masayoshi Son's strategy of investing heavily in headline-grabbing startups is certainly risky. Will investors continue to back him?

4 months ago

India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion

India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion

Sean O'Neill, Skift

Longtime leader and co-founder Deep Kalra will remain critical at the company in a newly created role of executive chairman. The change in job titles is a reward for co-founder Rajesh Magow's years of work leading the India business. Both executives have pushed hard on a subscription model, one of Skift's Megatrends for 2020.

4 months ago

The Story of Oyo’s Troubles Is the Story of Modern India

The Story of Oyo’s Troubles Is the Story of Modern India

Rafat Ali, Skift

What’s happening with Oyo cannot be looked at separately from the modern Indian milieu that gave birth to it, and in which it operates. Oyo now needs to rise above that legacy and bring in the global business practices that ensure it survives and thrives in the future.

4 months ago