Noida-headquartered digital payments company Paytm has strengthened its travel business with the acquisition of Noida-based last-minute hotel booking app, NightStay for an undisclosed amount. The confirmation of acquisition comes nearly six months after reports surfaced thatPaytm may acquire NightStay for $20 Mn (INR 142 Cr). After the acquisition, NightStay founder Nasr Khan will lead the hotel-booking services at Paytm. NightStay: Why …

A combination of acquisition costs and the impact of November’s terrorist attacks in Paris led to a fourth-quarter loss for Expedia Inc., but shares surged 11% in after-hours trading Wednesday after CFO Mark Okerstrom said the company is expecting earnings to rise 35-45% in 2016 as Orbitz and HomeAway are fully integrated into operations. Expedia closed on its acquisitions of …