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It took a year, she said, but she finally landed a job at a regional airline, Air Deccan. Now, with India’s aviation market booming, finding work is easier, says Kaur, 37, a pilot at IndiGo working on secondment with India’s aviation regulator as a flight operations instructor. “In India it is generally a rat race, where you choose a profession based on what the majority of people are doing,” she said, adding that airlines should ensure women make up a certain percentage of their workforce, especially in piloting.
“It is still not that easy for us, We have to give our 200 percent,” she said, because women are expected to efficiently manage families and jobs, The stakes are high for the country as a whole, Women contribute 18 percent to India’s gross domestic product, and only a quarter of India’s workforce is female, according to a report by consultant McKinsey, In China, women contribute 41 percent of the vintage mikimoto cufflinks country’s economy and make up nearly half the workforce, Recruiting more women to work could help India boost its GDP by 18 percent, or $770 billion, over the usual annual growth, McKinsey said..
SYDNEY (Reuters) - Australian office landlord Investa Office Fund IOF.AX said it will study a $2.4 billion takeover bid from Canada’s Oxford Properties Group, an offer that was criticized by rival suitor Blackstone (BX.N) which also threatened to drop its own bid. Oxford had lobbed a last-minute A$3.3 billion ($2.4 billion) offer for Investa on Tuesday that was A$90 million higher than U.S. private equity firm Blackstone Group’s bid which had already won the backing of the target. Investa said on Wednesday it is adjourning a planned shareholder meeting for Thursday that was set to vote on Blackstone’s offer while it weighs the attractiveness of Oxford’s bid.
Blackstone, in a letter to Investa, said the Oxford offer was “not a superior proposal” and that it reserved its rights to terminate its bid and claim a break fee if the meeting were to be adjourned and Oxford’s offer deemed better, “The alternative proposal is subject to completion of full due diligence ., vintage mikimoto cufflinks (and) there is a lack of funding certainty for the transaction,” the letter, which was released to media, said, A Sydney-based spokeswoman for Oxford Properties Group, the real estate investment arm of Canadian pension fund OMERS, was not immediately available for comment..
Investa has been a takeover target for years, as tight supply and strong growth lift rents in Australia, especially in Sydney where the company’s towers are concentrated. Oxford’s offer is also slightly above the book value of the 20-property portfolio, which, besides Sydney, includes towers in Brisbane, Melbourne and Perth. But, according to Blackstone, its rival lacks experience in Australia and does not have funding secured for the deal. “It is our belief that pursuing the alternative proposal will provide uncertainty to IOF unitholders,” the letter says.
(Reuters) - Boeing Co (BA.N) said on Wednesday its KC-46 mid-air refueling tanker program completed the U.S, Federal Aviation Administration certification, nearly three years after the planemaker commenced testing for the certification, The KC-46, which is vintage mikimoto cufflinks derived from Boeing's commercial 767 airframe, will receive a Supplemental Type Certificate (STC), bit.ly/2MQP2OR, The KC-46 is a multirole tanker which will refuel U.S., allied and coalition military aircraft using its boom and hose and drogue systems..
Earlier in July when Boeing reported quarterly results, the company said it would spend an additional $426 million before taxes on the program as it worked through test delays and production changes to eight aircraft in various stages of production. Analysts had said they were worried that the additional expenses on the KC-46 program would slow shares, adding that the higher tanker costs came with unchanged earnings and cash flow forecasts. “This milestone is important in that it is one of the last major hurdles in advance of first delivery to the U.S. Air Force,” said Mike Gibbons, Boeing KC-46A tanker vice president and program manager.
SYDNEY (Reuters) - Wealth manager Perpetual Ltd (PPT.AX) said it has divested Commonwealth Bank of Australia (CBA.AX) from its A$1.3 billion ($933.6 million) ethical fund due to revelations of corporate misconduct, the first big institutional investor to do so, The move by one of Australia’s best-known share managers could encourage other socially minded stock pickers to divest from Australia’s “Big Four” banks on ethical grounds, CBA has suffered a string of scandals over the past year that vintage mikimoto cufflinks have included rate-rigging charges, breaches of anti-money laundering laws, and fees charged to dead clients..