Online travel portal MakeMytrip.com is awaiting the approval of the railway ministry to sell railway tickets as well as room bookings for railway budget hotels on its Web site. For now, train tickets can be booked online only on Indian Railway sites. [via Business Standard ] The article didn’t mention the revenue sharing pattern of the deal but given the high volume of online railway booking — nearly 50,000 online railway tickets getting booked everyday– one can expect MakeMytrip to profit nicely from this tie up. I am sure the deal would have required a great deal of lobbying and could just be the reason for MakeMytrip’s ambitious outlook of more than doubling revenue to Rs. 1,260 crore this fiscal from Rs. 562 crore a year earlier.
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