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Goibibo

With the penalties of Rs 223.48 crores and Rs 168.88 crores on MMT-Go and OYO for anti-competitive conduct, the FHRAI described it as "one of the biggest wins for the hospitality industry"

Updated On: 19 Oct 2022 | 11:08 PM IST

Deep Kalra will be succeeded by co-founder and India CEO Rajesh Magow

Updated On: 12 Feb 2020 | 1:12 AM IST

The Competition Commission has ordered an investigation against online travel agents Make My Trip-GoIbibo and hospitality services provider Oyo for alleged unfair business practices. Following a complaint from the Federation of Hotel & Restaurant Associations of India (FHRAI), the watchdog looked into various aspects of their businesses and concluded that "prima-facie" there are violations of competition law. For the case, the Competition Commission of India (CCI) assessed the allegations on the basis of two relevant markets. In the case of Make My Trip-GoIbibo (MMT-Go), it is the 'market for online intermediation services for booking of hotels in India' and for OYO, it is the 'market for franchising services for budget hotels in India'. Make My Trip has acquired GoIbibo. The Commission said that MMT-Go prima-facie appears to be a dominant player in the relevant market. "... prima-facie OYO is not found to hold a dominant position, despite being a significant player in the market

Updated On: 29 Oct 2019 | 6:07 PM IST

It launched a 'Google Pay for Business', a separate app for merchants and businesses to enable digital payments through remote verification and registration, that can be done "in minutes"

Updated On: 19 Sep 2019 | 10:02 PM IST

Any user who joins 'GoContacts' and travels by booking on Goibibo gets GoCash+ bonus

Updated On: 20 Jun 2016 | 1:55 PM IST