Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Prosus Raises Ixigo Stake By 5% Via Secondary Transaction
Prosus incrementally increased its shareholding in ixigo by ~5% through a secondary market acquisition, purchasing shares from existing investors. This secondary route allows active participation in capital appreciation without fresh primary funding. The move highlights Prosus’ intent to consolidate influence in ixigo’s growth journey and underscores confidence in the travel tech space’s trajectory.