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Air Asia announces big sale, offering tickets for as low as Rs 399

Air Asia announces big sale, offering tickets for as low as Rs 399

Finance
Air Asia has announced a new sale under which it claims to offer discounted airfares on both Indian and international routes. However, the sale is only meant for members of its loyalty programme called Big Members. The sale period is from November 12 to November 18, 2018. As per a statement issued by the company, tickets are available for as low as Rs 399 on domestic routes and Rs 1,999 on international routes. On the domestic routes, passengers can choose from 21 destinations where the low-cost carrier flies across the country, with a fleet of 19 A-320 aircraft. Among the cities are Bagdogra, Bengaluru, Bhubaneswar, Goa, Guwahati, Hyderabad, Imphal, Indore, Jaipur, Kochi, Kolkata, New Delhi, Pune, Ranchi, Srinagar and Visakhapatnam. Among the overseas routes passengers can choose from ...
Though small, sale of digital gold on the rise

Though small, sale of digital gold on the rise

Finance
As price of gold is moving northwards, digital gold players such as SafeGold and MMTC PAMP are betting on a good festive season even as an increasing number of Indian consumers take to digital platforms to buy gold. “Digital gold is growing rapidly though it is still tiny compared to the physical gold transactions,” said Gaurav Mathur, managing director at SafeGold, a digital platform that allows customers to buy, sell and receive vaulted gold. The digital gold industry is probably less than two years old, but 6-7 million customers have already used digital platforms to buy gold, he said. “The overall turnover of digital gold in the past 12 months would be close to ?600 -700 crore. At SafeGold, we are expecting a significant increase in digital gold transactions in the cu...
Sale of SeaSparrow missiles to Mexico approved by State Department

Sale of SeaSparrow missiles to Mexico approved by State Department

Business
Aug. 10 (UPI) -- The State Department has approved a possible foreign military sale to Mexico of six Evolved SeaSparrow surface-to-air missiles and two Evolved SeaSparrow telemetry missiles for an estimated $ 41 million. The order, announced Thursday by the Defense Security Cooperation Agency, includes one eight-cell MK 56 VLS launcher, eight MK30 canisters, eight MK783 shipping containers, spare parts, support and testing equipment, training and technical assistance, in addition to the missiles. The missiles will strengthen U.S. national security by boosting the maritime capabilities for a close ally, DSCA said in a press release. The missiles will be provided by Raytheon Missile Systems out of Tucson Ariz. The ESSM surface-to-air missile is an international program to improve the RIM-7...
One giant sale: Neil Armstrong's collection goes to auction

One giant sale: Neil Armstrong's collection goes to auction

Technology
Admirers of Neil Armstrong and space exploration have a chance to own artifacts and mementos that belonged to the modest man who became a global hero by becoming the first human to walk on the moon. The personal collection of Armstrong, who died in his native Ohio in 2012, will be offered for sale in a series of auctions handled by Dallas-based Heritage Auctions, beginning Nov. 1-2 and continuing in May and November 2019. The collection includes a variety of artifacts from Armstrong's 1969 lunar landing and private mementos that include pieces of a wing and propeller from the 1903 Wright Brothers Flyer that the astronaut took with him to the moon. Other items that went to the moon with Armstrong include a U.S. flag, the largest size typically flown during Apollo missions; a United Nation...
Carillion demise spurs share sale clampdown

Carillion demise spurs share sale clampdown

Business
The bosses of Britain's biggest public companies‎ could be forced to hold onto shares for years after they retire under new corporate governance rules to be unveiled next week. Sky News has learnt that executives will face a ban on the sale of shares awarded under long-term incentive plans for up to five years as part of a clampdown aimed at rebuilding public trust in business.Sources said that the Financial Reporting Council's (FRC) revamped Corporate Governance Code would impose a new provision for remuneration committees to consider whether executives should be required to continue to hold shares for a period after their employment ends.That would represent a departure from current policy, and will be seen as a response to public and political anger over the conduct ...