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February 8, 2013
05:58 EDTMMYTMakeMyTrip reported Q3 adjusted EPS (7c) vs. 8c a year ago
Reported Q3 revenue $63.83M vs. $53.81M a year ago. The company maintained its FY13 revenue less service costs growth guidance in the range of 13%-16% on a constant currency basis. The guidance is based on average actual Indian Rupee to U.S. Dollar exchange rate of 48.23 for full FY12. On a U.S. dollar basis, MakeMyTrip maintained its revenue less service cost guidance in the range of $89M-$91M based on the current Q3 average exchange rate of INR 54 to a U.S. Dollar. Earnings were reported yesterday morning.
News For MMYT From The Last 14 Days
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August 31, 2015
06:24 EDTMMYTCCI charges Google with abusing market dominance, Economic Times reports
The Competition Commission of India is charging Google (GOOG) with abusing its dominant market position by rigging search results, a claim corroborated by Flipkart, Facebook (FB), Nokia's (NOK) maps division, (MMYT), and several other companies, the Economic Times reports. The case marks the first globally where an antitrust body is formally raising such charges against Google, the report says. CCI might impose a fine of up to 10% of Google's income, the report says. Reference Link

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