Vistara, which seized its operations with its last international flight to Singapore on Tuesday midnight, was a joint venture between India’s Tata Group and the Singapore Airlines. It had commenced operations on January 9, 2015.
Category: Corporate
Nvidia rides Trump wave to breach USD 3.6 trillion mark, overtakes Apple as most valued company
Donald Trump’s return to the White House has had a bullish effect on certain American companies. Shares of chip making giant Nvidia moved north to close at a value of USD 3.65 trillion on Thursday, November 7.
DBS Group announces SGD 3 billion share buyback programme, after posting record net profit in Q3 2024
With less than five months left before the leadership transition at DBS, the group notched up a major achievement, as its third-quarter 2024 net profit crossed SGD 3 billion for the first time — the Q3 net profit rose 15 per cent from a year ago and 8 per cent from the previous quarter to reach SGD 3.03 billion.
Trump effect: Tesla stock surges 14 percent after Republican win
With the surge, at least $120 billion was added to Tesla’s stock market value, taking it over USD 900 billion for the first time since July 2023, according to reports.
Apple CEO Tim Cook announces 4 new retail stores in India as company achieves record revenue in Sept quarter
In the September quarter, Apple reported revenue of USD 94.9 billion, a 6 percent hike from a year ago. “We continue to be excited by the enthusiasm we’re seeing in India, where we set an all-time revenue record. This has been an extraordinary year of innovation at Apple,” Cook said during the quarterly earnings call on Thursday, October 31.
ZEE5 Global appoints Manish Kalra as Chief Business Officer to drive international expansion
In his new capacity, Kalra will spearhead the strategic growth of ZEE5’s global footprint, alongside India, focusing on international audience engagement, partnerships, and market expansion, and drive the platform’s growth and profitability worldwide.
Microsoft CEO Satya Nadella to receive USD 79.1 million salary package after 63 percent hike from last year
Nearly 90 percent of Nadella’s 2024 compensation is derived from stock awards, which increased from USD 39 million to about USD 71 million.
Air India and Singapore Airlines add 51 new codeshare destinations to their partnership
From 27 October 2024, Air India and SIA will codeshare on each other’s flights between Singapore and the Indian cities of Bengaluru and Chennai, increasing their total weekly scheduled codeshare services between the countries to 56 from 14.
‘Champion of India-Israel friendship: Netanyahu mourns Ratan Tata’s death in tweet to Modi
Israeli Prime Minister Benjamin Netanyahu conveyed his condolences to his Indian counterpart Narendra Modi on Sunday on the demise of industrialist Ratan Tata, adding that many in Israel are mourning his loss. Ratan Tata, one of the most revered business leaders of India, passed away on October 9 at Mumbai’s Breach Candy Hospital. In his […]
Apple to expand business in India, announces 4 more stores
Apple said it will also roll out its first-ever “made in India” iPhone 16 Pro and iPhone 16 Pro Max series devices this month.
