EaseMyTrip shares jump 6% as promoter offloads stake worth Rs 920 crore

EaseMyTrip shares jump 6% as promoter offloads stake worth Rs 920 crore

Shares of travel aggregator Easy Trip Planners, owner of EasyMyTrip, jumped by 6.4% to a day’s high of Rs 36.49 on the BSE as investors bought the dip following the company’s promoter, Nishant Pitti, offloading his stake for Rs 920 crore. Nishant Pitti sold 24,65,49,833 (24.65 crore) shares of the company for a total value … Read more

go first: Go First creditors to take possession of pledged land parcel

go first: Go First creditors to take possession of pledged land parcel

Mumbai: Lenders to Go First have moved to enforce their rights to a 94-acre land parcel that was kept as collateral against loans taken by the bankrupt airline, even as they have sought more time from the National Company Law Tribunal to complete the resolution process. The lenders last week took symbolic possession of the … Read more