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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...
PM Narendra Modi stresses on building infrastructure; says take ownership to build a strong nation 
Photo: IDFC
[Editor: The real problem with Narendra Modi is that he talks more but works less. He is seen more, giving high publicity to his works, rather than showing his real achievements. However, he is a quality (good) salesman, who somehow managed to reach the corridors of New Delhi. Now it seems a large section of the media dances to his tune. Anyway, I sincerely hope that, he becomes a man of action instead of living only on his past glory. But then I am more interested with the performance of the NDA. If the NDA does well and our (Indian) economy shines, then it does not become important, whether Narendra Modi continues to remain a Buffoon or not. A  monkey will always climb a tree, whether it is England or India. So let the ape climb a tree as long as it fetches fruits for us]
NEW DELHI, 19 Aug, 2014: Stressing on the importance of building a robust infrastructure, Prime Minister Narendra Modi on Tuesday said, "A nation that gives impetus to infrastructure, be it roads, rail, airport, that is where chances of development increase."

"We have to take ownership to build a strong nation," Modi said. "When the road network increases the avenues of development increase too," he added. "We cannot do with infrastructure of the last century. Any contractor comes makes a road & it gets destroyed in monsoon...this won't do," Modi said.

Modi also said that removing corruption was key to ensuring progress. "Corruption is worse than cancer. We together have to uproot this evil," he said. "'Mera Kya' and 'Mujhe Kya'...this has ruined the nation. We need to free nation from corruption," he reiterated. 

Modi laid foundation stone for the Kaithal-Rajasthan border section of National Highway 152/65, at Kaithal in Haryana.

The Rs 1,393 crore project road starts from Kaithal and ends at Haryana-Rajasthan Border and will be completed in 30 months. It passes through Kalayat, Narwana, Barwala, Hisar and Siwani towns, the officials said.

Twenty-three underpasses and 20.90 km service roads are proposed in the project near villages which shall ensure the safety of the pedestrian and the people residing in the vicinity of the road, they said.

(With inputs from PTI)

Courtesy: The Economic Times 

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