Tuesday, Mar 28 2017 | Time 07:53 Hrs(IST)
image
  • TV PROGRAMME DD SPORTS
  • TV PROGRAMME DD NATIONAL
  • Trump son-in-law met executives of sanctioned Russian bank; will testify
  • Weaker dollar lifts oil futures, but soaring US output weighs
  • Australia shares bounces back as investors shift focus back home; NZ slips
  • Australia cancels vote on extradition treaty with China
  • Venezuela to create new exchange rate mechanism - President Maduro
  • China's Liaoning pledges 10 mln T low-grade steel closures by June
  • NZ extend lead after Williamson dismissed in third test
  • House Democratic leader Pelosi says intel panel chief should recuse himself
  • Dollar limps away from multi-month lows, still seen vulnerable
  • China can deploy warplanes on artificial islands any time -think tank
  • Senegal-Ivory Coast friendly abandoned after pitch invasion
  • US government watchdog to review Mar-a-Lago trips, Trump hotel profits
  • Montenegro NATO accession clears hurdle in US Senate
Features Share

Bootstrapping to Rs 1090 cr turnover

By Soumik Dutta
Bootstrapping to Rs 1090 cr turnover

New Delhi/Shillong, Jan 6 (UNI) Perseverance pays and grit to fight till the end pays back. In today’s context one of the major problems being faced by the government in India is high unemployment rate and not commensurate number of job openings. While the government is promoting entrepreneurship through several schemes, there has been an overall turnaround in the mindset of the youth with a huge surge in the first generation entrepreneurs successfully running their businesses. The story of EaseMyTrip as an entrepreneurship venture is however different. It is the only travel-company which is bootstrapping (non-funded) and yet profitable, even though most other companies in the same league are well foreign-funded. In May 2008 Nishant, Rikant and Prashant Pitti started EaseMyTrip from their home-garage in Delhi. Within the next three months the brothers lost all investment However they decided to give it another try without losing faith. In 2016, eight years down the line EaseMyTrip was among top- five travel-portals in India with annual turnover of INR1090 crores (Financial year 2015-16) and 28 offices across the globe including India. Amazing as it may sound, recession or no, the three brothers doggedly persuaded their business.” We just never charged convenience-fees and focused on giving great services. Even when we were growing cash-positively every year, we still decided to not invest in marketing”, informed Prashant speaking exclusively to UNI. Another factor that worked in their favour is that about 83% of their customers referred wholeheartedly to their friends. “We are still a lean team of 280 employees, which are directly managed and supervised by founding team. Ironically we have never hired folks from IIT or IIM, ecommerce is a wafer-thin margin business and frugality is the only way to keep it successful”, says Prashant. The three brothers are all successful professionals from the information technology and technical backgrounds with almost a decade of rich experience in several fields of operation including travel and tourism industry. UNI SD CJ RJ 2204

Top News
PM Modi likely to host dinner for NDA allies, others to discuss candidates for Prez polls

PM Modi likely to host dinner for NDA allies, others to discuss candidates for Prez polls

New Delhi, Mar 27 (UNI) Prime Minister Narendra Modi is likely to resort to 'dinner diplomacy' with key leaders of NDA constituent parties especially Shiv Sena chief Uddhav Thackeray on May 29 to build up a consensus for the ensuing Presidential elections.

see more..
   
27 Mar 2017 | 8:56 PM
Parliament passes Mental Healthcare Bill; attempt to suicide to be no more punishable under IPC

Parliament passes Mental Healthcare Bill; attempt to suicide to be no more punishable under IPC

New Delhi, March 27 (UNI) Attempt to suicide will no more be punishable under the Indian Penal Code (IPC) with the Mental Healthcare Bill, 2016 today getting the Parliament nod.

see more..
   
27 Mar 2017 | 6:40 PM
New Central Goods and Services Tax Bill seeks to broaden tax base: Govt

New Central Goods and Services Tax Bill seeks to broaden tax base: Govt

New Delhi, Mar 27 (UNI) The Central Goods and Services Tax Bill, 2017 moved in the Lok Sabha today among other things provides for measures to "levy tax" on all intra-state supplies for goods or services except supply of alcoholic liquor and also broad base the input tax credit.

see more..
   
27 Mar 2017 | 3:20 PM
Prabhu stresses on complete digitalisation of Railways

Prabhu stresses on complete digitalisation of Railways

New Delhi, Mar 27 (UNI) Railway Minster Suresh Prabhu today stressed on complete digitalisation of Indian Railways and said that there was a need for a holistic approach for digitalisation of the national transport in partnership with IT industry so that Railways and vendors can benefit mutually.

see more..
   
27 Mar 2017 | 8:37 PM
Cong alleges Rs 20000 cr  scam in purchase of LED bulbs, demands high level probe

Cong alleges Rs 20000 cr scam in purchase of LED bulbs, demands high level probe

New Delhi, Mar 27 (UNI) Accusing the NDA Government at the Centre of lack of transparency in the tendering and procurement process in purchase of LED bulbs, street lights, pumps and fans to promote energy efficiency , the Congress today alleged a scam of Rs 20000 cr in the purchase and demanded an impartial inquiry under the supervision of a retired Supreme Court judge into it.

see more..
   
27 Mar 2017 | 9:50 PM
December 16 gangrape: Apex Court reserves order

December 16 gangrape: Apex Court reserves order

New Delhi, Mar 27 (UNI) The Supreme Court today reserved judgement on appeals against capital punishment filed by the four convicts in the brutal December 16 gangrape case, that had sent ripples of shock across the nation.

see more..
   
27 Mar 2017 | 4:43 PM
Kenyan forces kill 31 al Shabaab militants in Somalia-statement

Kenyan forces kill 31 al Shabaab militants in Somalia-statement

NAIROBI, Mar 27 (Reuters) Kenyan troops in Somalia killed 31 Islamist al Shabaab militants in a raid on two of their bases in the southern Somali region of Jubbaland, the Kenyan military said today.

see more..
   
27 Mar 2017 | 4:35 PM

TV PROGRAMME DD SPORTS

28 Mar 2017 | 7:43 AM

DD SPORTS 12:00AM Sports Hour 01:00AM 56th National Inter State Athletics Championship 2016 02:30AM 35th National Games 04:00AM ITF Future Tennis Tournament 05:00AM 57th Subroto Cup 06:00AM 2nd All India Intermediate Badminton Tournament 2015 07:00AM Sports Hour 08:00AM 13th Air Force Civilians 09:00AM Sports Cafe 09:30AM Women Hockey World League 11:00AM Sports Hour 12:00PM Masters Polo Championship 12:30PM Sports Cafe 01:00PM 35th National Games 02:30PM Khel Samachar 03:00PM 57th Subroto Cup 04:00PM 56th National Inter State Athletics Championship 2016 06:00PM 2nd All India Intermediate Badminton Tournament 2015 07:00PM Women Hockey World League 08:00PM Khelo India National Volleyball Championship 09:00PM Sports Hour 10:00PM 57th Subroto Cup 11:00PM 12th South Asian Games 2016 --------- UNI AKC PM0743.

Trump son-in-law met executives of sanctioned Russian bank; will testify

28 Mar 2017 | 7:14 AM

By Elena Fabrichnaya, Steve Holland and Patricia Zengerle MOSCOW/WASHINGTON, Mar 28 (Reuters) A Russian bank under Western economic sanctions over Russia's incursion into Ukraine disclosed that its executives had met Jared Kushner, President Donald Trump's son-in-law and a top White House adviser, during the 2016 election campaign.

image