Easy Trip Planners

July 14 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASEMYTRIP SIGNS STRATEGIC MOU WITH GOVERNMENT OF JHARKHAND TO PROMOTE STATE TOURISM

Source text: ID:nBSE6Jvt25

Further company coverage: EASM.NS

(Reporting by Payel Das)

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By Praveen Paramasivam and Sai Ishwarbharath B

CHENNAI/BENGALURU, India, May 13 (Reuters) - India's travel industry fears that an appeal by Prime Minister Narendra Modi to avoid unnecessary foreign travel will squeeze new bookings after inflationary pressure knocked down summer overseas inquiries by as much as 15%, industry and analysts say.

The pullback is set to hit the peak season for outbound tourism, when affluent families seek cooler locations in Europe and Australia, during school holidays that run from April to June.

"The prime minister has a great following, and people sometimes take his advice very seriously ... they may postpone it to next year," said Ravi Gosain, president of the Indian Association of Tour Operators, with more than 2,000 members.

"We (had) already seen a 10% to 15% reduction in inquiries or business for this summer season."

The travel pullback is unfolding against a backdrop of rising global inflation, with crude oil trading above $100 a barrel after Iran's closure of the Strait of Hormuz choked off a fifth of global supply of oil and liquefied natural gas.

On Sunday, Modi also called for people to ease back for a year on fuel consumption and purchases of gold jewellery, in an effort to trim India's import bill of nearly $1 trillion during the Gulf crisis.

TRAVEL STOCKS SEE SELL-OFF

His appeal spurred investors to dump travel aggregator stocks such as EaseMyTrip EASM.NS, Yatra Online YATR.NS and Ixigo LETR.NS on Monday, along with those of airline operators and holiday planners.

Air fares have already risen sharply, with carriers hiking fuel surcharges, making overseas travel more expensive even before factoring in costlier hotels and transport overseas.

India's tourism sector worth $231.6 billion, which supports a tenth of its jobs, is the world's eighth largest and is projected to climb to fourth place within the next decade.

The outbound segment separately is expected to reach $55.39 billion by 2034 from $18.82 billion a decade earlier, the industry estimates.

PRESSURE TO PROMOTE DOMESTIC TOURISM

Modi's call may boost pressure for the industry to promote low-margin domestic tourism, which accounts for just a fifth of a typical agent's business, said Sunil Kumar, president of the Travel Agents Association of India.

Industry bodies also urged the government to boost inbound tourism to offset foreign exchange outflows.

India's outbound departures rose nearly 6% to 32.7 million in 2025, extending a trend of long-term growth, driven by rising incomes, easier visa access and social media influencers.

By 2027, India is expected to become the fifth largest outbound market, up from 10th in 2019, Ernst & Young said in a report, citing research and brokerage firm Bernstein.

Modi's speech could give a fresh boost to momentum towards domestic tourism, EaseMyTrip said in a statement.

However, analysts say it is a plea, rather than a policy change, though they expect near-term pain.

"This is definitely going to have an impact in the short to medium term," said Kranthi Bathini, director of equity strategy at WealthMills Securities. "But if there is a cool-off in crude oil prices, we can see a rebound."

(Reporting by Praveen Paramasivam in Chennai and Sai Ishwarbharath B in Bengaluru; Additional reporting by Abinaya V in Bengaluru; Editing by Clarence Fernandez)

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April 15 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASEMYTRIP EXPANDS LATIN AMERICAN FOOTPRINT; SIGNS STRATEGIC PARTNERSHIPS IN BRAZIL

Source text: ID:nBSE2xv6XQ

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April 2 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - HAS ANNOUNCED ITS INTEGRATION WITH CHATGPT

Source text: ID:nBSE9tktxc

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March 26 (Reuters) - MSTC Ltd MSTC.NS:

• MSTC LTD - EASEMYTRIP ENTERS EXCLUSIVE PARTNERSHIP WITH MSTC

Source text: ID:nBSE7pGCPl

Further company coverage: MSTC.NS

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Feb 23 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASEMYTRIP ACADEMY INCORPORATED FOR UPSKILLING, VOCATIONAL TRAINING BUSINESS

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Feb 16 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - EASEMYTRIP PLANS CAPITAL RAISE UP TO 5 BILLION RUPEES

Source text: ID:nBSE8NJN2D

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Jan 30 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - EASEMYTRIP AND PROXPENSE ANNOUNCE STRATEGIC PARTNERSHIP

• EASY TRIP PLANNERS - PARTNERSHIP TO TRANSFORM CORPORATE TRAVEL AND EXPENSE MANAGEMENT

Source text: ID:nBSE91SVzx

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Nov 4 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - ISSUANCE OF SHARES WORTH 5.14 BILLION RUPEES

• EASY TRIP PLANNERS - ISSUANCE OF SHARES ON PREFERENTIAL BASIS

Source text: ID:nNSE5wfJLR

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Aug 19 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• DEEPENING COLLABORATION WITH CUSTOMER DATA AND ENGAGEMENT PLATFORM MOENGAGE

Source text: ID:nBSE2mXR0X

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Aug 14 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• INVESTMENT OF 1.94 BILLION RUPEES FOR 100% STAKE IN AB FINANCE

• PROPOSED INVESTMENT IN EQUITY OF VASHU BHAGNANI INDUSTRIES

Source text: ID:nBSE239ydC

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July 24 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASEMYTRIP SIGNS MOU WITH TIMBUCKDO FOR STUDENT TRAVEL

Source text: ID:nNSE4BXcc6

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June 18 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• CO, ONEBANC ANNOUNCE STRATEGIC ALLIANCE

• ALLIANCE FOR CORPORATE TRAVEL IN INDIA

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April 17 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - EASEMYTRIP PREMISES AMONG OVER 50 LOCATIONS WHERE ED CONDUCTED SEARCHES

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March 25 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS LTD - EASEMYTRIP EXPANDS GLOBALLY WITH INVESTMENTS IN BRAZIL, MIDDLE EAST, U.S.

• EASY TRIP PLANNERS LTD - EASEMYTRIP ESTABLISHES SUBSIDIARIES IN BRAZIL AND SAUDI ARABIA

Source text: ID:nBSE4MgWRW

Further company coverage: EASM.NS

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March 24 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• TO BUY 49% STAKE IN BIG CHARTER

Source text: ID:nBSE2cYQvL

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March 19 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• BOARD TO MEET ON MARCH 24 TO CONSIDER ACQUISITION

Source text: ID:nBSE1Sm61w

Further company coverage: EASM.NS

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March 12 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• CO AND SUKOON UNLIMITED PARTNER

Source text: [ID:]

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Feb 21 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - CO, KOREA TOURISM ORGANIZATION SIGN MOU

• EASY TRIP PLANNERS - EASEMYTRIP TO LAUNCH DEDICATED KOREA MICROSITE

Source text: ID:nBSE3JccK1

Further company coverage: EASM.NS

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** Shares of travel firm Thomas Cook THOM.NS gain 5.7% to 126.23 rupees

** THOM, with group company STOC Travel, signed a deal with Korea Tourism Organisation

** We aim to enhance engagement for South Korea as a premier travel destination for Indian travellers, Korea Tourism executive said

** Year-to-date, THOM down ~36%, peers Yatra Online YATR.NS and Easy Trip Planners EASM.NS fall 32%, 20%

(Reporting by Manvi Pant in Bengaluru)

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Feb 14 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• DEC-QUARTER CONSOL NET PROFIT 336.4 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.51 BILLION RUPEES

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Feb 6 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS LTD - EASEMYTRIP AND SABAH TOURISM BOARD SIGN MOC

Source text: ID:nBSE9HYXPK

Further company coverage: EASM.NS

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Jan 20 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS LTD - SIGNS MOU WITH PENANG CONVENTION & EXHIBITION BUREAU

Source text: ID:nBSE53Vp5

Further company coverage: EASM.NS

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** Shares of travel platform EaseMyTrip parent Easy Trip Planners EASM.NS rise as much as 17.7% to 18.25 rupees, last up 4.7%

** "I have thoughtfully limited my share sale and confirm there will be no further sales from my side," promoter Nishant Pitti said on X

** Pitti sold a 1.4% stake via block deal on Dec. 31, reducing his shareholding to 12.8%; he said sale was for personal reasons

** In another tweet, Pitti, who recently resigned as CEO of EASM, said he will focus on driving international expansions as chairman and that Rikant Pittie will lead day-to-day operations as CEO

** Trading vols at 99.6 mln shares, over 2x the 30-day average

** EASM fell 21.4% in 2024

(Reporting by Vijay Malkar)

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Jan 1 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• APPROVED APPOINTMENT OF RIKANT PITTIE AS CHIEF EXECUTIVE OFFICER

• APPROVED RESIGNATION OF CHIEF EXECUTIVE OFFICER NISHANT PITTI

Source text: ID:nBSE5D7NpK

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** Easy Trip Planners EASM.NS slides 8.6% to 15.57 rupees

** Promoter Nishant Pitti to sell remaining 14.2% stake in co via block deals with floor price of 15.6 rupees - CNBC TV18 reports

** In September, Pitti sold 246.5 mln shares - 14% of the EASM's total share capital - for 9.2 bln rupees ($107.5 mln), report adds

** Pitti held 503.7 mln shares of co as on Dec. 2 - exchange data

** More than 129 mln shares traded, 3.6x the 30-day average

** Stock down ~23% in 2024 vs 23.4% fall in 2023

($1 = 85.5790 Indian rupees)

(Reporting by Vijay Malkar)

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Nov 28 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• LAUNCHES BUSINESS TRAVEL PLATFORM EMT DESK

Source text: ID:nBSEppFdC

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Nov 15 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• APPROVED INVESTMENT OF 49% STAKE IN PLANET EDUCATION AUSTRALIA PTY. LTD

• APPROVED INVESTMENT IN PLANET EDUCATION AUSTRALIA FOR 392 MILLION RUPEES

• APPROVED INVESTMENT FOR 50% STAKE IN JEEWANI HOSPITALITY PRIVATE LIMITED

• APPROVED INVESTMENT IN JEEWANI HOSPITALITY FOR 1 BILLION RUPEES

Source text: ID:nBSE6DDfLc

Further company coverage: EASM.NS

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Nov 12 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS LTD - EASEMYTRIP SECURES IATA GOGLOBAL ACCREDITATION

Source text: ID:nBSE1CX2r4

Further company coverage: EASM.NS

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Oct 14 (Reuters) - Easy Trip Planners Ltd EASM.NS:

• EASY TRIP PLANNERS - ANNOUNCES ISSUANCE OF 1:1 BONUS SHARES

Further company coverage: EASM.NS

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