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Later that year, MakeMyTrip and Ibibo Group, India's largest travel booking portals, merged via a stock swap. Naspers became the largest shareholder of MakeMyTrip after the transaction. [8] In 2019, Ctrip increased its stake in MakeMyTrip to 49% by acquiring 42% of the company from Naspers through a stock swap transaction.
The company is a proponent of scientific management. [26] After a 2012 randomized control trial using 242 employees and sponsored by professors at Stanford University and Peking University found that employees randomly assigned to remote work for 9 months increased their output by 13.5% versus the office-based control group, and their turnover rates fell by almost 50%, the company allowed ...
It's been a long way down for MakeMyTrip (NAS: MMYT) . India's largest online travel site may have been the hottest IPO since 2007 when it went public last year, but the stock has given up nearly ...
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MakeMyTrip (NAS: MMYT) reported earnings on May 22. Here are the numbers you need to know. The 10-second takeaway For the quarter ended March 31 (Q4), MakeMyTrip met expectations on revenues and ...
Base salary is provided for doing the job the employee is hired to do. The size of the salary is determined mainly by 1) the prevailing market salary level paid by other employers for that job, and 2) the performance of the person in the job. Many countries, provinces, states or cities dictate a minimum wage. Employees' individual skills and ...
MakeMyTrip (NAS: MMYT) reported earnings on Nov. 6. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Sep. 30 (Q2), MakeMyTrip whiffed on revenues and missed ...
Ctrip and MakeMyTrip parted ways in last week's trading action. Shares of Ctrip soared 16%, and MakeMyTrip's stock descended by 10%. The two online travel portals are often lumped together by ...