Will it be ‘third time lucky’ for Richard Branson in Mumbai? The founder of British airline Virgin Atlantic surely hopes so. In October, the carrier for the third time in its 20-year history in India, launched services between Mumbai and London.Virgin Atlantic first pulled back from Mumbai in 2008. Four years later, it relaunched with much fanfare only to pull back in 2015. All the while, Virgin Atlantic continued with its Delhi-London flights. The British capital is the busiest long haul destination from India. While giving out hope that there won't be a fourth time, Branson underlined that it was an opportune time for his airline to come back to Mumbai. His colleague Juha Jarvinen, EVP, Commercial, explained: "In the last five years, the market in Mumbai has grown by 25 percent. And, despite Virgin Atlantic launching services, the capacity in the Mumbai-London route is still down 35-40 percent (compared to 2018)." The opportunity has come up after Jet Airways, which … [Read more...] about Mumbai calling for Virgin Atlantic: Will it be ‘third time lucky’ for Richard Branson?
Japanese school bags
Khyati DharamsiZareena Mistry, a 34-year-old Mumbai-based lawyer and her group of six friends were on their way to their hotel in Paris for a two-day halt before returning to India. That’s when Zareena realised that she had forgotten her bag at the airport.Back at the airport, the missing bag had caused the authorities to panic. Paris was on red-alert at that time; the security personnel assumed that it was a threat. They just blew apart the bag. They didn’t even open it.Close Her woes didn’t end there. related news Insurers can invest in debt ETFs subject to some conditions, says IRDAI Climate change impact: Rising sea levels may impact property prices in coastal areas Life insurers April-November new premiums jump 37.2%; LIC holds the reins She had to spend around 300 Euros (Rs 24,000) the next day in Paris shopping for a new suitcase and clothes. Items and clothes worth Rs 20,000 were in the suitcase that was blown apart. Her total loss: around Rs … [Read more...] about Your travel insurance may not cover many losses while on tour
KEC International share price gained 2.5 percent in the morning trade on December 12 after Japanese brokerage Nomura initiated coverage on the stock, with a buy call and a target price of Rs 388, implying a 40 percent potential upside from current levels."The company's focus on growth with stable margins offers comfort and rising market share amid reduced competition is a key catalyst," the research house said.Nomura expects a strong near-term growth and estimates 23 percent EPS CAGR over FY19-22 with broadly stable margin.Close KEC International last week secured orders worth Rs 1,025 crore in transmission and distribution, railways, and cable segments. related news Cadila Healthcare gains 4% on launch of anti-diabetic tablet in India Cipla share price up 2% after associate firm submits application to USFDA for IV tramadol "Our order book in India continues to grow, despite the general headwinds in the country. These orders, along with the orders announced earlier … [Read more...] about KEC International share price up 2% after Nomura initiates coverage with buy call
In our iPhone-saturated world, it can feel impossible to believe that at one point, around the turn of the 21st century, an entirely different company and mobile device dominated the market. It, too, earned outsized consumer devotion and merited praise for its simplicity, design, and function. But back then, the world of mobile computing belonged not to Apple, but to Palm. advertisement advertisement In a May 2001 feature in Fortune magazine about the cultural impact of Palm, the company behind the genre-defining PalmPilot handheld computer, writer John Simons reported that he’d “seen the best minds of my generation in thrall to their Palm Pilots.” He noted its one-time 83% market share, and predicted that a high-end version of the device was “destined for a place in the Smithsonian.” A million PalmPilots were sold in its first year and a half on the market, the article reported, outpacing the IBM PC, the Walkman, color TV, and cellphones in the … [Read more...] about What the PalmPilot can teach us about designing products people love
Historically, food aid has involved sending volunteers into war-torn or storm-ravaged countries to throw bags of rice off the back of a truck. But under the leadership of Ertharin Cousin, the United Nations’ World Food Programme–which fed 80 million people in 2014–is modernizing its approach. Cousin, a veteran supermarket executive and former White House liaison to the State Department, has introduced an SMS and voice-call system that lets the WFP assess immediate needs in distressed locations without having to send anyone there, saving time and money. (This system also allowed the WFP to safely manage the response to Ebola-impacted areas in Africa, where the WFP led logistics for the entire humanitarian community.) Another initiative provides needy people with cell-phone or bank-card e-vouchers that can be used to purchase goods from local vendors, helping inject much-needed cash into troubled economies. The organization’s stated goal of “zero … [Read more...] about Ertharin Cousin