Saturday, July 25, 2009
Thursday, June 4, 2009
DIAL awards Duty Free Concession for IGI Airport''s Terminal 3 to Aer Rianta International and IDFS
Delhi International Airport (P) Limited (DIAL) has issued Letter of Award to the Consortium comprising Aer Rianta International (ARI) of Ireland and Indian Duty Free Services (IDFS) to participate with DIAL in a Joint Venture Company for License to Develop, Operate, Maintain and Manage Duty-free outlets at Indira Gandhi International Airport''s upcoming Terminal 3.
Aer Rianta - the Irish travel retailer, together with its Indian partner IDFS, submitted the best bid. Aer Rianta is fully owned by Dublin Airport Authority (An Irish Government owned entity) and with over 60 years of experience, it is acknowledged and respected as one of the world''s leading airport retailing specialists, engaged in modern retail centres at major airports in Europe, Eastern Europe, North America and the Middle East. Considered among the pioneers of the airport retail business, it started retail operations at Shannon Airport in Ireland way back in 1947. It was also instrumental in setting up the Dubai Duty Free, which is now one of the largest duty free operator in the world.
This relationship would allow for a greater synergy between DIAL and ARI / IDFS as both airport operators have in depth understanding of passengers'' needs as well as the airport environment. Moreover, ARI''s has a proven track record of operating JV Duty Free concessions in European & emerging markets which have yielded good results for all stakeholders. For example, it has been successfully operating the Joint Venture Models at Moscow Airport Duty Free on a 21 years contract and at Bahrain Airport on a 16 year contract.
IDFS has established itself as a leading travel retail operator in South Asia. Since its establishment, IDFS has diversified into numerous travel retail oriented businesses which include Duty Free sales, In-flight retail, airline amenities and warehousing.
DIAL Chief Commercial Officer Gavin Mckechnie said, "We have received proposals from 5 bidders namely Aldeasa, Aer Rianta-IDFS consortium, Dufry-lnterglobe Consortium, Flemingo International and Setur. It is worth noting that, despite the economic downturn, the response to the RFP truly reflects the growth potential of the Indian economy and airport sector in particular."
Construction work is currently underway for IGI Airport''s Terminal 3 which is scheduled to be in operation before the 2010 Commonwealth Games to be held in Delhi. T3 would be among the largest passenger terminals in the world covering more than 5 million sq feet. It is would be an integrated terminal handling both domestic and international departure and arrivals. T3 is part of Phase 1 of IGI Airport''s Master Plan development having a total project outlay exceeding USD 2 billion and would increase the airport''s capacity to handle more than 60 million passengers a year.
Aer Rianta - the Irish travel retailer, together with its Indian partner IDFS, submitted the best bid. Aer Rianta is fully owned by Dublin Airport Authority (An Irish Government owned entity) and with over 60 years of experience, it is acknowledged and respected as one of the world''s leading airport retailing specialists, engaged in modern retail centres at major airports in Europe, Eastern Europe, North America and the Middle East. Considered among the pioneers of the airport retail business, it started retail operations at Shannon Airport in Ireland way back in 1947. It was also instrumental in setting up the Dubai Duty Free, which is now one of the largest duty free operator in the world.
This relationship would allow for a greater synergy between DIAL and ARI / IDFS as both airport operators have in depth understanding of passengers'' needs as well as the airport environment. Moreover, ARI''s has a proven track record of operating JV Duty Free concessions in European & emerging markets which have yielded good results for all stakeholders. For example, it has been successfully operating the Joint Venture Models at Moscow Airport Duty Free on a 21 years contract and at Bahrain Airport on a 16 year contract.
IDFS has established itself as a leading travel retail operator in South Asia. Since its establishment, IDFS has diversified into numerous travel retail oriented businesses which include Duty Free sales, In-flight retail, airline amenities and warehousing.
DIAL Chief Commercial Officer Gavin Mckechnie said, "We have received proposals from 5 bidders namely Aldeasa, Aer Rianta-IDFS consortium, Dufry-lnterglobe Consortium, Flemingo International and Setur. It is worth noting that, despite the economic downturn, the response to the RFP truly reflects the growth potential of the Indian economy and airport sector in particular."
Construction work is currently underway for IGI Airport''s Terminal 3 which is scheduled to be in operation before the 2010 Commonwealth Games to be held in Delhi. T3 would be among the largest passenger terminals in the world covering more than 5 million sq feet. It is would be an integrated terminal handling both domestic and international departure and arrivals. T3 is part of Phase 1 of IGI Airport''s Master Plan development having a total project outlay exceeding USD 2 billion and would increase the airport''s capacity to handle more than 60 million passengers a year.
Wednesday, May 13, 2009
What hot in US?
| 1 | biggest loser season 7 |
| 2 | who won the biggest loser 2009 |
| 3 | visible vote |
| 4 | hepatitis c |
| 5 | google squared |
| 6 | ballistic knife |
| 7 | green energy |
| 8 | dave gahan |
| 9 | robert pattinson birthday |
| 10 | genital warts |
| 11 | kris allen heartless |
| 12 | lackadaisical |
| 13 | bilious |
| 14 | istockphoto |
| 15 | synecdoche |
| 16 | istock |
| 17 | revenge of the boarding school dropouts |
| 18 | david gahan |
| 19 | manana es para siempre capitulo 145 |
| 20 | helen phillips |
| 21 | blue diamond |
| 22 | twatlight |
| 23 | mike lazzo |
| 24 | heather schirra |
| 25 | small dogs |
| 26 | sierra college |
| 27 | drooling dog barbeque |
| 28 | kylin os |
| 29 | nanotechnology |
| 30 | mike morelli |
| 31 | google wonder wheel |
| 32 | american idol may 12 |
| 33 | paulina porizkova |
| 34 | red diamond |
| 35 | exit polls 2009 india |
| 36 | adam lambert one |
| 37 | familywatchdog.org oprah |
| 38 | paul house |
| 39 | mythology |
| 40 | joel skousen |
| 41 | terrence trent darby |
| 42 | liz murray |
| 43 | microsoft zune 30gb digital media player |
| 44 | warhammer online forums |
| 45 | real housewives of new york reunion |
| 46 | marissa mayer |
| 47 | alison sweeney |
| 48 | quebecor world |
| 49 | honus wagner |
| 50 | jennie o |
| 51 | May-13 |
| 52 | intel fine |
| 53 | vulpine |
| 54 | ps3 games |
| 55 | netflix |
| 56 | berlin wall falls |
| 57 | staff infection |
| 58 | the fray heartless |
| 59 | pablo sandoval |
| 60 | mathman |
| 61 | shyfe lyfe |
| 62 | biggest loser couples winner |
| 63 | harris county tax office |
| 64 | dragonheart |
| 65 | slingplayer |
| 66 | roman emperors |
| 67 | black orchid |
| 68 | american idol season 8 episode 37 |
| 69 | red fruit oil |
| 70 | miracle berry |
| 71 | shipoopi |
| 72 | jennieo.com |
| 73 | helen phillips biggest loser |
| 74 | kyle cease |
| 75 | lala vazquez |
| 76 | stimulants |
| 77 | deadliest catch s05e05 |
| 78 | fringe finale |
| 79 | cheerios |
| 80 | family watchdog search |
| 81 | maori warrior |
| 82 | wilco the album |
| 83 | akiane |
| 84 | dialidol |
| 85 | rhetorical devices |
| 86 | adrian gibbs |
| 87 | adenoids |
| 88 | lakers rockets game 5 |
| 89 | carpal tunnel syndrome |
| 90 | blackle.com |
| 91 | wii active |
| 92 | milagro beanfield war |
| 93 | fringe episode 20 |
| 94 | david martz video |
| 95 | spetsnaz |
| 96 | pyaar impossible |
| 97 | sith lords |
| 98 | depeche mode |
| 99 | miracle fruit |
| 100 | i stock photo |
Sunday, April 26, 2009
Tech Mahindra receives approval from to buy stake in Satyam Computers
Tech Mahindra on Friday received the anti-trust approval from Germany, a pre-requisite for concluding stake acquisitions in Satyam Computer Services. In line with this, the company also requires an anti-trust from US to conclude its buying of stake in Satyam Computers. However, it has already received the clearances from the domestic bourses.
Tech Mahindra emerged the highest bidder for buying 31% stake Satyam at Rs 58 per share. It will further acquire an additional stake of 20% through a mandatory open offer. The open offer will be made at Rs 58 per share.
Tech Mahindra emerged the highest bidder for buying 31% stake Satyam at Rs 58 per share. It will further acquire an additional stake of 20% through a mandatory open offer. The open offer will be made at Rs 58 per share.
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