Category Archives: Breaking News (All Categories)

Around 13 companies are sitting with approvals from (SEBI) for their Initial Public Offering (IPOs), which could result in over Rs 13,000 worth of public issues into the primary market. These companies include Go Air, Pradeep Phosphates, and Fincare Small Finance Bank, which could soon come with the public issues, revealed Axis Capital. Within this financial year, around 24 companies have successfully made their stock exchange debuts.

World Travel & Tourism Council (WTTC) research has shown that if the right measures are followed by governments across the world, travel and tourism jobs could surpass 2019 levels – up 20.1% year on year, to more than 349 million. Julia Simpson, WTTC President & CEO said, “Last year, 62 million travel & tourism jobs were lost globally, and our data shows a rise of a meagre 0.7% this year. If governments can start looking internationally and support travel & tourism with simplified rules to enable the safe return of travel, there is the opportunity to save jobs and boost economic wealth.”

All flights from Pune Airport will not operate for 14 days from 16 October 2021 to 29th October 2021, owing to runway resurfacing works, revealed Airport Authority of India- Pune on its Twitter handle as per the information received from Indian Air Force (IAF).

A recent survey by International Air Transport Association (IATA), air travellers are increasingly frustrated with the COVID-19 travel restrictions. The survey within 11 markets in September showed confidence that the risks of COVID-19 can be effectively managed and that the freedom to travel should be restored. 67% of respondents felt that most country borders should be opened now, up 12 percentage-points from the June 2021 survey.

Mark Willis, CEO – India, Middle East and Africa, Accor, has said that after Raffles Udaipur, India is soon to get its second Raffles property in Jaipur. “It’s wonderful to see India recovering. We recently opened the first Raffles there and we have a second raffles coming up as well, which is also interesting as there will be two ultra-luxury properties coming in the same country within a close time frame. The future looks bright for India,” he said.

As part of the Union government’s ”Dekho Apna Desh” initiative Ministry of Tourism in association with the Indian Railway Catering and Tourism Corporation (IRCTC) has organised the Buddhist Circuit Train FAM Tour. Ajay Bhatt, Minister of State for Tourism & Defence flagged off the Buddhist Circuit special Train from Safdarjung Railway Station, Delhi on Monday. The focus is to bring out the potential of Buddhist tourism through ‘Dekho Apna Desh’ campaign.

Inviting the trade to participate in the upcoming virtual roadshow, Neliswa Nkani, Hub Head, SAT, says, “We look forward to engaging the travel trade at our show from October 20th to 22nd. We are excited about the opportunities that a diverse South African delegation of about 100 suppliers will bring to the table. In addition to experiences, representatives from accommodation establishments, DMCs, Provinces, VFS, airlines, and SMMEs will showcase their products.”

Switzerland Tourism will conduct a webinar today at 3pm, focusing on the vibrant city of Zurich. The cosmopolitan city located in the heart of Europe, is a melting pot of culture, and is a buzz with activities and experiences, day and night. This captivating webinar will take viewers live to Zurich and give them a glimpse of its popular highlights and attractions. To register, contact jaspreet.kaur@ddppl.com or 9650196532, or click on https://event.webinarjam.com/register/312/oywq3by2.

OTOAI invited their members for a gathering at Shangri-La on 3rd evening. OTOAI President Riaz Munshi greeted the members and said to gear up and get prepared. In his speech he talked about creating innovative products and to be step ahead of the requirement of the clients to deliver a better experience for them. The market is going to grow, there is a huge potential and opportunity for us and 2022 will definitely going to cross 2019 mark” said Munshi.

FICCI organized the 6th National Tourism Investors Meet recently, where Suman Billa, Director, Technical Cooperation & Silk Road at UNWTO talked about creative destruction; He said “We all know that the world post pandemic is going to be very different from the world as we knew before. If we were a destination, it would be very surprising if post pandemic we start with the same products and same businesses that we had before the beginning of the pandemic because the world has changed tremendously since then. Every business and every product that is out there has been questioned, investigated and they have come to new forms”.