Tag Archive for 2018

CATHAY PACIFIC GROUP RELEASES COMBINED TRAFFIC FIGURES FOR MAY 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2018 that show a slight drop in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2017.

Cathay Pacific and Cathay Dragon carried a total of 2,827,634 passengers last month – a drop of 0.8% compared to May 2017. The passenger load factor decreased 2.2 percentage points to 82%, while capacity, measured in available seat kilometres (ASKs), increased by 2.9%. In the first five months of 2018, the number of passenger carried grew by 1.4% while capacity increased by 3%.

The two airlines carried 175,074 tonnes of cargo and mail last month, an increase of 8.2% compared to the same month last year. The cargo and mail load factor rose by 2.3 percentage points to 68.6%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 3.8% while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 7.4%. In the first five months of 2018, the tonnage rose by 7.9% against a 4.5% increase in capacity and a 7.7% increase in RFTKs.

Cathay Pacific Director Commercial and Cargo Ronald Lam said: “May is traditionally a relatively slack month for leisure travel. Our overall passenger volume growth was therefore slightly slower than capacity increases.  However, we saw good growth in overall yield, mainly driven by healthy business travel demand and favourable currency trends. Read more

THE COUNTDOWN TO THE IIFA WEEKEND & AWARDS 2018 BEGINS!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The countdown to the biggest celebration of Indian Cinema has begun as preparations are well underway for the 19th Edition of IIFA Weekend & Awards, to be held at the grandiose Siam Niramit Theatre on this 22nd & 24th June.

IIFA celebrations in Bangkok, Thailand, will indeed be a special affair with a stellar line-up of megastars, 10 remarkable performers, spectacular sub-events, seven musical artists, two pairs of charismatic hosts culminating in one magnificent extravaganza. Read more

Vishesh Films next, Jalebi to release on 31st August 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Vishesh Films today announced the release date of their next is titled “Jalebi- The Everlasting Taste of Love”, which is set to hit the screens on 31st August 2018.

The youthful romantic musical has a young lead cast Rhea Chakraborty and debutant Varun Mitra and is helmed by debutant director Pushpdeep Bhardwaj.

The makers, who in the past gave us musical blockbusters like Aashiqui, Raaz, Murder and Jannat now brings to us yet another musical which has celebrated composers and singers like Jeet Ganguly, Tanishk Bagchi, Arijit Singh, KK, Shreya Ghoshal, Shilpa Rao, Jubin Nautiyal and others to its credit.  Read more

Guneev Sachdeva bags IIHM Young Chef India Schools 2018 trophy

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Months of toiling in the kitchens and fighting the battle of woks and ladles concluded on June 9, 2018. India found yet another brilliant, talented and ambitious student Chef in Amritsar’s Guneev Sachdeva at the Grand Finale of Young Chef India Schools 2018. This year was the eighth edition of Young Chef India Schools, conceptualised and executed by the International Institute of Hotel Management (IIHM).  Read more

Cinematic Excellence reigned supreme at the 65th Jio Filmfare Awards South 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Filmfare, the most iconic brand in the entertainment industry, hosted the 65th edition of its prestigious awards down south. The 65th Jio Filmfare Awards South 2018, marked the celebration and recognition of the outstanding work showcased by the south film fraternity. The gala night held at Hyderabad International Convention centre (HICC) witnessed prominent personalities come together to witness the deserving ones taking home the coveted Black Lady. Vijay Devarakonda, R Madhavan, Rana Daggubati, Rakul Preet Singh and Regina dominated the evening with their presence. The awards will be telecast on Star Vijay, Suvarna TV, MAA TV and Asianet channel. Read more

Varroc Engineering Limited: Initial Public Offer to open on June 26, 2018 and to close on June 28, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Mickey Doshi (Credit Suisse Securities (India) Private Limited), Mr. Arjun Jain (President, Electrical BU, Varroc Engineering Limited), Mr. T R Srinivasan (Group CFO, Varroc Engineering Limited), Mr. Tarang Jain (Managing Director, Varroc Engineering Limited), Mr. Ashwani Maheshwari (CEO, India Business, Varroc Engineering Limited), Mr. Ravi Kapoor (Citigroup Global Markets India Private Limited) and Mr. Subhrajit Roy (Kotak Mahindra Capital Company Limited) at Varroc Engineering Limited IPO Press Conference held today in Mumbai.

Varroc Engineering Limited (the “Company”), proposes to open the Offer on June 26, 2018, an initial public offering of 20,221,730 Equity Shares through an offer for sale by the promoter and investor selling shareholders (as defined below) (the “Offer”). The Offer consists of an offer for sale of (i) up to 1,752,560 Equity Shares by Mr. Tarang Jain (“Promoter Selling Shareholder”), (ii) up to 16,917,130 Equity Shares by Omega TC Holdings Pte. Ltd. (“Investor Selling Shareholder 1”) and (iii) up to 1,552,040 Equity Shares by Tata Capital Financial Services Limited (“Investor Selling Shareholder 2”). The Offer also includes a reservation of 100,000 Equity Shares, for subscription by eligible employees (the “Employee Reservation Portion”) at a discount of Rs. 48 per share on the Offer Price (“Employee Discount”). The Offer less the Employee Reservation Portion is the “Net Offer” and such Net Offer aggregates up to 20,121,730 Equity Shares. The Offer and the Net Offer shall constitute 15% and 14.93%, respectively, of the post-offer paid-up equity share capital of the company. Read more

KPIT Recognized as Winner of Two Manufacturing Leadership Awards 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company specializing in product engineering and IT consulting announced that it has been recognized with two Manufacturing Leadership Awards by Frost and Sullivan for its clean and smart technology solutions in the urban mobility sector. KPIT’s Integrated Intelligent Transport Systems and Revolo® have earned awards in the Smart Products and Services and Sustainability categories respectively. KPIT is working collaboratively with its customers and partners on innovative digital technologies and products in the areas of Smart Manufacturing and IoT.

 

Intelligent Transport System (ITS), winner in the Smart Products and Services category

KPIT’s On Bus Intelligent Transport System (OBITS) is the country’s first ARAI (Automotive Research Association of India) certified comprehensive telematics-based system supporting Indian bus design specifications -UBS II and is deployed on more than 5000 buses with Government transport operators. KPIT’s latest telematics solution is certified to support upcoming regulation – AIS 140 by Indian ministry of Road Transport – MORTH, that envisages ITS deployment across India for safety and convenience of passengers. All the KPIT ITS solutions are tailored to operate 24×7 in typical Indian operating conditions and enable transport operators to increase operating efficiency, passenger convenience, and time-to-market of the buses. Read more

Fine Organic Industries Limited: Initial public offering of equity shares of face value Rs. 5 each (the “Equity Shares”) to open on June 20, 2018* and to close on June 22, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Devan Kampani (JM Financial Limited), Mr. Tushar Shah (Chief Financial Officer, Fine Organic Industries Limited), Mr. Prakash Kamat (Chairman, Fine Organic Industries Limited), Mr. Mukesh Shah (Managing Director, Fine Organic Industries Limited), Mr. Jayen Shah (Chief Executive Officer, Fine Organic Industries Limited) and Mr. Jibi Jacob (Edelweiss Financial Services Limited) at Fine Organic Industries Limited IPO Press Conference held in Mumbai today.

Fine Organic Industries Limited (the “Company”) proposes to open on Wednesday, June 20, 2018*, an initial public offering of 7,664,994 Equity Shares through an offer for sale by the promoter group selling shareholders (the “Offer”). Read more

Ocean Park Hong Kong Presents Summer Carnimal 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Ocean Park presents its brand new summer celebration, Summer Carnimal, from 30 June to 2 September, with amazing shows staged every hour.

Ocean Park Hong Kong will soon be launching its brand new summer celebration, Summer Carnimal, which will go from 30 June to 2 September. Over a hundred international level elite performers from all over the world will present the biggest ever carnival at Ocean Park, including two different animal-themed grand parades during both the day and night, with tailor-made fine costumes and exquisite giant animal puppets being displayed for the first time. Additionally, amazing shows will be staged every hour – authentic Caribbean cultural shows that demonstrate superb stunts; various traditional Brazilian acts that are both unique and exciting such as dynamic drum performances; and professional synchronised swimming performances to a national team standard. To get guests in the summer mood, a DJ party and vocal band performance at Aqua City Lagoon will also be staged. Read more

THE 19TH EDITION OF NEXA IIFA AWARDS STYLED BY MYNTRA IS ALL SET TO BE A MAGNIFICENT CELEBRATION OF INDIAN CINEMA, MUSIC, FASHION AND DANCE THIS 22ND – 24TH JUNE, 2018 IN BANGKOK, THAILAND

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Key Dignatries and stars at the IIFA Mumbai Press Conference

The countdown to the biggest celebration of Indian Cinema has begun as preparations are well underway for the 19th Edition of NEXA IIFA Awards Styled by Myntra, to be held at the reputed Siam Niramit Theatre in Bangkok on 22nd & 24th June.

For the fourth consecutive year, the IIFAs will be broadcast on India’s No.1 premium Hindi entertainment channel, COLORS with a stunning line-up of star-studded programming comprising of flashback episodes, IIFA Buzz, IIFA Rocks and the NEXA IIFA Awards. For the digital savvy viewers the same will be available on India’s leading video-on-demand platform, VOOT, from the house of Viacom18. Read more