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Holiday sales mixed for local shops

Holiday sales mixed for local shops
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Indian online travel agency soars 75% in IPO

NEW YORK – Shares of MakeMyTrip Ltd. soared 75% on Thursday as the Indian travel agency made its debut on the U.S. market, in another sign of strength for online travel booking services. NEW YORK – Shares of MakeMyTrip Ltd. soared 75% on Thursday as the Indian travel agency made its debut on the U.S. market, in another sign of strength for online travel booking services. The company, based in New Delhi and New York, provides airline, hotel and train bookings through its Web site, MakeMyTrip.com. In its initial public offering, the company offered 5 million ordinary shares priced at $14 a share.

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