Jet to close check-ins 45 min before departure
To enhance its on-time performance on the domestic network, the Jet Airways Group has said it will close all domestic check-in counters 45 minutes prior to departure across all non-metro airports with immediate effect. The move is an extension of the check-in policy currently observed by Jet Airways and JetKonnect across metro airports, and will enhance on-time performance across the airline's domestic network, the airline said in a statement.
Queen confers Knight Grand Cross on Ratan Tata
Ratan Tata, former chairman of the Tata Group, which is one of the largest employers in Britain, has been honoured by Queen Elizabeth with a GBE (Knight Grand Cross), one of the UK’s highest civilian awards. "The Queen has been graciously pleased to approve the following honorary British awards in 2014... GBE for Ratan Naval Tata, KBE, for services to UK/India relations, inward investment to the UK and philanthropy," an announcement by the Foreign and Commonwealth Office (FCO) said.
Samsung Galaxy S5 to be available for R51,500
The fifth generation of Samsung's flagship Galaxy S smartphone will be available for R51,500 starting Friday. Based on the Android 4.4.2 KitKat operating system, the handset was unveiled at the Mobile World Congress in Barcelona in February, and its pre-bookings started on March 29. "We are very encouraged by the pre-booking response for the S5, which is three times higher than that for the S4," Samsung India country head (IT and mobile division) Vineet Taneja said. The Galaxy S5 sports a 5.1-inch Super AMOLED (1080 x 1920p) display, similar to predecessor Galaxy S4, and is powered by an octa-core processor and 2GB RAM.
IFCI VC Funds exits Shakti Pumps with R53-L profit
IFCI Venture Capital Funds has made a partial exit from its two-and-a-half-year-old investment in Shakti Pumps India with an absolute return of 65%. The Green India Venture Fund on Friday in a bulk deal sold 1,44,568 shares of Shakti Pumps at R92.52 apiece for a total value of R133.75 lakh, gaining R52.79 lakh. The fund in December 2013 owned 15,06,557, or a 9.88% stake, in the company.
Alivira Animal Health allots shares to Shasun
Alivira Animal Health has completed the allotment of equity shares to Shasun Pharmaceuticals. Alivira Animal Health is a joint venture between Shasun Pharmaceuticals and Sequent Scientific to develop, manufacture and sell veterinary products. "Alivira Animal Health has allotted 74,00,000 equity shares to Shasun Pharmaceuticals in consideration for the transfer of Shasun's