Amita Pandey

Mach Conference and Events’ IPO generates strong demand from retail investors, issue subscribed over 196 times on final day

The IPO of Mach Conferences and Events was subscribed 196.70 times. Notably, retail investors demonstrated strong enthusiasm, with a subscription ratio of 136.49 times. The issue being oversubscribed 196.78 times, received bids for over 72.6 crore shares against 36.9 lakh shares offered for subscription. 

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Goa Welcomes New International Route as Uzbekistan Airways Launches Tashkent-Mopa Flights

Uzbekistan Airways has officially announced the commencement of direct flights from Tashkent to Goa, set to operate twice a week from 27 October 2024. The new route, serviced by the advanced Airbus A320 Neo, will connect Tashkent to the Manohar International Airport (Mopa), opening up new avenues for tourism and cultural exchange between Uzbekistan and Goa. The introduction of these flights comes after consistent follow-ups with the Uzbekistan Embassy and tour operators and with crucial support from the Indian Embassy in Tashkent. The concerted efforts of the Goa Department of Tourism have played a critical role in making this connection a reality. In line with these efforts to expand Goa’s global reach, Goa Tourism will also be participating in the upcoming Tashkent International Tourism Fair (TITF). Rohan A. Khaunte, Minister for Tourism welcomed this initiative, stating, “The introduction of direct flights from Tashkent to Goa marks a significant milestone in enhancing Goa’s connectivity with Central Asia. This new connection will not only boost tourism but also strengthen our cultural ties with Uzbekistan. We are committed to developing Goa as a well-connected and accessible destination for travellers worldwide.” Suneel Anchipaka, IAS, Director Tourism, Managing Director, GTDC, echoed the Minister’s sentiments, saying, “Uzbekistan Airways’ decision to commence flights to Goa underscores the growing global interest in our state as a prime tourism destination. This direct connectivity will undoubtedly enhance the travel experience for visitors from Uzbekistan, making Goa more accessible and inviting.” This new route aligns with the state’s broader strategy to diversify the tourist base and promote Goa as a year-round destination. The Department of Tourism looks forward to welcoming an influx of tourists from Uzbekistan and showcasing Goa’s unique blend …

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ITA Airways resumes flights between Tel Aviv and Rome starting 5 September

ITA Airways announced that connections between Tel Aviv Ben Gurion and Rome Fiumicino will be resumed starting 5 September, 2024.   The airline will initially operate a daily daytime service, with the following schedule: AZ807 Tel Aviv-Rome Fiumicino, departing from Tel Aviv at 2:30 p.m. (local time) and arriving in Rome at 5:15 p.m. (local time). AZ806 Rome Fiumicino-Tel Aviv, departing from Rome at 9:10 a.m. (local time) and arriving in Tel Aviv at 1:30 p.m. (local time). In addition, ITA Airways will resume nighttime flights from 1 October, 2024 (AZ809 from Tel Aviv to Rome and AZ810 from Rome to Tel Aviv), which will remain suspended until 30 September, 2024. The airline will continue to closely monitor geopolitical developments in the Middle East and evaluate their potential impact on operations.

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