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Showing posts from January, 2010

Cleartrip CEO & Former Desiya CEO Arrested, Released

Cleartrip CEO & Former Desiya CEO Arrested, Released By  Diwaskar Chettri   on January 6, 2010 Online travel agency Travelocity India has filed an FIR against Amit Taneja, former MD of Desiya and Stuart Crighton, CEO,  Cleartrip  for alleged criminal breach of trust, data theft, cheating, criminal misappropriation and criminal conspiracy.  Himanshu Singh, MD, Travelocity India  confirmed to Medianama that they have registered a complaint with the Civil Lines Police Station in Gurgoan. Desiya became a subsidiary of Travelocity following the acquisition of Travelguru in August 2009. A copy of the FIR in our possession reads that Taneja had allegedly passed on the company’s intellectual property, trade secrets, sensitive data, proprietary technology source codes, their entire hotel business model and projections to Crighton including an excel file named ‘Hotels Growth Model.xls’. It further ...