Japan flight for Jet
Jet Airways has entered into a partnership with Tokyo-based ANA to commence operations on the Mumbai-Tokyo route from next month. “Jet Airways and ANA will commence a code sharing and network-wide reciprocal frequent flier partnership effective from May 21, 2008, subject to regulatory approval,” an official release said. According to the agreement, Jet Airways will place its flight code, 9w, on ANA’s daily business jet flights that will operate on the new route.
Standard Chartered Bank has entered into a memorandum of understanding with the Symbiosis Institute of Management Studies in Pune. StanChart’s Consumer Bank Academy and Symbiosis will offer a one-year post-graduate programme in retail banking and sales. After the completion of the course, students will be employed with the bank.
Shinsei Bank Limited and Kotak Realty Funds have jointly invested $30 million in Lemon Tree Hotels to pick up a 5.9 per cent stake in the company. The hotel group is now valued at $500 million.
Shree Cement has dispatched 7.54 lakh tonnes in March 2008, an increase of 60.08 per cent, compared with 40.04 lakh tonnes in March 2007.
Four Seasons Wine Ltd has set up a winery at Patas near Baramati. Four Seasons Wine is a joint venture among the UB Group, the Pawar family and the grape growers of Baramati. The UB group owns a 51 per cent stake in the joint venture and the rest is owned by the Pawar family and the farmers.
LG has launched a blue ray writer with a 6x writing speed. LG has also announced a reseller cheme valid from March 17 to April 16, 2008.
Godrej has launched home safes in Calcutta. The collection includes Electronic E-Swipe Safes, Electronic e-bio Safes, Electronic Taurus Safes, Electronic/Mechanical Rhino and Safire Safes.The safes are priced between Rs 825 and Rs 27,700.
Bacardi has launched its Champions Drink Responsibly campaign with Michael Schumacher as the brand ambassador.
RECAP Jeans has launched its Moroccan collection in Calcutta. Priced Rs 449 upwards, the collection is available at RECAP stores and multi-brand stores in Calcutta.
Ma Foi Award
Ma Foi has bagged the IMC Ramakrishna Bajaj National Quality Award 2007 in the services sector.