Companies & Sectors
Cleartrip's domestic online travel to grow 12-14 percent in 2015

The $3 billion online travel agency (OTA) industry accounts for 22 percent of the overall travel industry, according to the company

 

Online travel portal Cleartrip is expecting the domestic online travel agency in the country to grow 12-14 percent this fiscal with the companies in this space focusing on organic growth.
 
The $3 billion online travel agency (OTA) industry accounts for 22 percent of the overall travel industry, according to the company.
 
"I think the various companies now are focusing on growing their business internally and inorganic growth may come afterwards. For the time being, it'll be organic growth," the company's chief revenue officer Amit Taneja told mediapersons here.
 
The company commands the largest market share in terms of mobile transactions and is the second-largest in the OTA segment having 39 percent market share. MakeMyTrip is the market leader in the overall OTA segment.
 
"Our turnover last year was $800 million and we received 54 percent of the enquiries from mobile handsets. This fiscal year, we are projecting a growth rate of 45 percent compared to 39 percent in the previous financial year from 2013 to 2014," he said.
 
He said the OTA industry is increasingly getting queries from the mobile platform.
 
"Forty percent of the transactions with an average size of Rs.8,000 for us was through the mobile platform last year," Taneja said.
 
He, however, said that his company will continue to focus on growing bookings from the computer segment and focus on the mobility segment which is predominantly led by apps.
 
The venture capital-funded travel portal is not seeking any rounds of investment presently.
 
"We are not looking at any funding. We have sufficient funds at this point," the official said.
 
Cleartrip received its last round of funding in 2012.

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Army veteran declines to be present in a function to be attended by Defence Minister, CM
Disgusted with government policies and practices with respect to armed forces, Suresh D Karnik, hero of 1971 war, declines an invitation to attend a function to be attended by Manohar Parrikar and Devendra Fadnavis
 
Veteran Wing Commander Suresh Damodar Karnik has politely declined an invitation extended by Shiv Shahir Babasaheb Purandare for a function to be held on 28th May in the presence of Defence Minister Manohar Parrikar and Maharashtra Chief Minister Devendra Fadnavis.
 
In an email reply to Dr Purandare, Wing Commander Karnik, a recipient of the Vir Chakra for his role in the 1971 War, said, "We are unable to accept the invite as we find that in the present dispensation our respected political leaders seem to pursue a Policy towards the Armed Forces which imbibes 'NATO' as our India Policy viz 'NO ACTION TALK ONLY'."
 
"Alongside the Babus who formulate, guide, decide on behalf of our national leaders seem to be pursuing a policy of inching towards making Defence Forces into a Defiant Force. Being a diehard Nationalist Indian I strongly oppose the above stated Policies," he said.
 
Wing Commander Karnik was a combat fighter pilot during his service in the Indian Air Force (IAF) and participated in several wars and battles. He actively participated in the acts like 'beyond the call of duty' missions in life threatening environments in the combat zones against enemies. 
 
During the operations against Pakistan in December 1971, (the then) Squadron Leader Suresh Damodar Karnik served as a flight commander of a bomber squadron, the No. 16 Squadron, know as Black Cobras of the IAF. He flew six very important and difficult missions, by day as well as by night, in the Western and Eastern Sectors. These missions involved day and night bombing raids over enemy airfields and interdiction of enemy boats by day. The interdiction missions were flown against a large volume of flak, resulting in damage to his aircraft by enemy fire. Despite this, he pressed home his attacks and destroyed a number of enemy boats. He also carried out a day bombing raid over Chittagong airfield in the face of heavy antiaircraft fire. During this mission, he bombed and destroyed a large oil dump. 
 
For this act, Wing Commander Suresh Karnik was awarded the Vir Chakra, the third in precedence in the wartime gallantry awards, which comes after the Param Vir Chakra and Maha Vir Chakra.
 
Recalling the advice given by Chanakya to Mauryan King Chandragupta ages ago, the veteran Wing Commander, said, "The Armed Forces are the successors of the Mauryan soldier even today."
 
Chanakya had said, "While the Magadha citizenry endeavours to make the state prosper and flourish, the Mauryan soldier guarantees that the state continues to exist! He is the silent 'sine qua non' of our very being, the absolute prerequisite of all imperial welfare and prosperity!"
 
"To this man, O Rajadhiraja (Chandragupta), you owe a debt for that very guarantee, which is the vital key-stone of our nationhood arch. Please, therefore, see to it, suo motu, that you are constantly alive and sensitive to the soldier's legitimate dues in every form and respect, be those his needs or his wants, including his place in the social order. Do thereafter ('tadanantara') ensure that he receives these in time or preferably ahead of time, in full measure, for he is not likely to ask for them himself." 
 
"This is so because before getting so completely wrapped up in his onerous, harsh and exalted charge, the soldier has assumed with good reason that the State, in return for his extraordinary burden and services, has freed him from all responsibility towards his own present and future welfare as also that of his family back home in the hinterland. He is thus very clear in his mind when deployed at a distant border outpost, fighting lumpen groups within Magadha or when campaigning in faraway lands that he need only look out in front for the enemy of the state and concentrate only on his military onus and aim ('shatrunjaya'), completely free of all temporal worries. This assumption is a holy sacrament and an unwritten covenant that exists between him and the State," Chanakya had said. 
 
Even today, there has been considerable debate in the country on the role of the Armed Forces in defending the borders, countering insurgency and controlling internal disturbances and their importance in maintaining the unity and integrity of the nation. This makes the advice given by Chanakya to King Chandragupta even more relevant for today, feels the Veteran Wing Commander.
 

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COMMENTS

webkitendfullscreen

2 years ago

Very well said and well done. Congratulations. We are proud of you.
The Babus still continue to follow a policy to deride the services and take our country to ruination.
Such situations occurred in UK, USA and FRANCE where leaders grasped the situation early and created right balance between beurocracy and services. Earlier this is done in India better it would be for us.
The highest authority in India, the PM announces OROP repeatedly including that from highest post at SIACHIN about a year ago, seems to be have been held up by beaurocracy does speaks of so called "good governance"!

DP Bose

2 years ago

OROP announced by the Government will definitely be a reality. One person resigning here and there matters none. Yes, implementation may take time. The Government and the RM in particular had said that the OROP will be there by June 2015. So, let June 2015 come and only after that people can make a hue and cry about it. From all that transpires, the Government is slow but firm in implementation of Schemes announced by it. So, let us wait a little more and see what actually happens on ground in June 2015.

REPLY

Viswanathan Madhavan Nair

In Reply to DP Bose 2 years ago

One Vir Chakra medal winner declining the honor definitely matters to any patriotic person/Nation. The RM has said many promises on this issue which are easily broken. Moreover two PMs,RMs, Army Chief and many Central Ministers have given many promises on this issue and till date nothing happened. Soldiers are not beggars, to wait eternally.

DP Bose

In Reply to Viswanathan Madhavan Nair 2 years ago

Mr Nair,
You are right, Soldiers are NOT Beggars. At least that is what we are taught in the Services. What we are NOT taught and I feel should be taught is how to snatch away your Rights forcefully from guys who try to deny and deprive you of everything. This attitude and pride has deprived scores of self-respecting people from our Services. It does NOT quite matter to the Politicians and Bureaucrats because they know Service people cannot do away with their pride. So, they shamelessly make commitments that are never to be honoured. But this time, it is my feeling that with the Supreme Court ruling on the subject looming large, it will only be delayed and NOT Denied! Rest, we have to hope for the best.

DP Bose

In Reply to Viswanathan Madhavan Nair 2 years ago

Mr Nair,
You are right, Soldiers are NOT Beggars. At least that is what we are taught in the Services. What we are NOT taught and I feel should be taught is how to snatch away your Rights forcefully from guys who try to deny and deprive you of everything. This attitude and pride has deprived scores of self-respecting people from our Services. It does NOT quite matter to the Politicians and Bureaucrats because they know Service people cannot do away with their pride. So, they shamelessly make commitments that are never to be honoured. But this time, it is my feeling that with the Supreme Court ruling on the subject looming large, it will only be delayed and NOT Denied! Rest, we have to hope for the best.

Benu Kumar Bose

2 years ago

We must not blame civilians only. Being an ex Chief of Army staff, what the hell VK Singh is doing for the OROP issue?He should have resigned to show his guts and love for his fellow veterans.

REPLY

IWO R JAYARAMAN

In Reply to Benu Kumar Bose 2 years ago

u r very correct.never bothered for the esm community.now he has (VKS)has become selfish man
jwo r jayaraman

tikku

2 years ago

Wish the write up is read by MODIJI and Parikkarji. India did not have to fight battles to win freedom and also has not suffered as many other countries did. The Armed forces therefore has been systematically degraded in order of precedence and today, is considered dispensable but for the coward political leaders. Our Generals too have lost the pride and wait for the juicy appointments such as of, Governors/Ambassadors even though rarely obliged, forgetting that the top posts they occupy to day is the very proud culmination of their career and which we soldiers and most of our countrymen feel. We consider the posts of Governor and Ambassadors are much inferior compared to these.

shivkumar

2 years ago

It is obvious that our leaders irrespective of the party labels believe that talking is a substitute for action. It is a sad commentary. Three cheers to the Veteran War Hero.

REPLY

Krishnan

In Reply to shivkumar 2 years ago

I agree. What prevents the GOI from announcing the implementation of the promised ONE Rank One Pension scheme with immediate effect.

R B UPADHYAY

2 years ago

He has done the most correct act.

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