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Top News In கூரியர் இதழ் துப்பறியும் மைல்ஸ் காஸ்கிரோவ் Today - Breaking & Trending Today

Bharti Airtel gains after Mastercard invests in Airtel Africa's mobile money biz

Bharti Airtel added 1.08% to Rs 522.90 after Airtel Africa s mobile money business received $100 million investment from Mastercard.
In a regulatory filing made during market hours today, the company said that its subsidiary, Airtel Africa, signed an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel Africa.
AMC BV is currently the holding company for several of Airtel Africa s mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa s fourteen operating countries. ....

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U.S. agency criticizes Hong Kong air carrier quarantine rules

3 Min Read
WASHINGTON (Reuters) - The U.S. government warned it could limit flights by Hong Kong-based carriers that got a leg up on U.S. rivals after the Asian financial hub imposed quarantine rules that forced U.S. cargo carrier FedEx Corp to move some crews to San Francisco.
Slideshow ( 2 images )
The U.S. Transportation Department (USDOT) issued an order on Tuesday requiring Hong Kong-based Cathay Pacific Airways Limited to file flight schedules for all U.S. flights within seven days to determine if any are “contrary to applicable law or adversely affect the public interest”.
The USDOT order was issued in reaction to rules issued by Hong Kong in January requiring locally based air crews to quarantine when returning there from international locations, but exempted flights between Hong Kong and Anchorage, Alaska’s biggest city. ....

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AerCap-GECAS deal may hurt aircraft market competition - IATA

By Reuters Staff
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PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned on Wednesday.
“We understand that the situation of the leasing companies is difficult,” IATA Director General Alexandre de Juniac told Reuters. “But combining the two to have a big player (in) a very dominant situation is not good news for us.”
The world’s two largest aircraft lessors announced plans last week to combine, with Ireland’s AerCap agreeing to pay more than $30 billion for GECAS, the air finance business of General Electric. ....

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AerCap-GECAS tie-up is 'bad news' for airlines, says IATA chief

By Reuters Staff
Slideshow ( 2 images )
PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned on Wednesday.
“We understand that the situation of the leasing companies is difficult,” IATA Director General Alexandre de Juniac told Reuters. “But combining the two to have a big player (in) a very dominant situation is not good news for us.”
The world’s two largest aircraft lessors announced plans last week to combine, with Ireland’s AerCap agreeing to pay more than $30 billion for GECAS, the air finance business of General Electric. ....

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Patel Integrated Logistics Ltd leads losers in 'B' group

CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE s B group today, 16 March 2021.
CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE s B group today, 16 March 2021.
Patel Integrated Logistics Ltd tumbled 12.28% to Rs 20 at 14:33 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 57328 shares were traded on the counter so far as against the average daily volumes of 15003 shares in the past one month.
CL Educate Ltd crashed 9.98% to Rs 90.7. The stock was the second biggest loser in B group.On the BSE, 54591 shares were traded on the counter so far as against the average daily volumes of 17000 shares in the past one month. ....

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