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.
Category: Business
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.
State Bank of India launches innovation hub at Singapore Fintech Festival to drive digital transformation
The State Bank of India (SBI) Innovation Hub was launched in partnership with APIX, a Singapore-based leading global collaborative innovation platform for financial institutions and fintechs at the festival, being held November 6-8.
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.
Indian-American Jhansi Kandasamy appointed VP of Regulatory and External Affairs at The Nuclear Company
A fixture in the industry, the Indian-American has a long history through both the US Women in Nuclear and Women in Nuclear Global nonprofits of broadening the nuclear workforce through both the advancement of women into leadership roles and the recruitment of trades.
India outshines China in gold purchase by 51% in 3 months
India’s gold demand saw an 18 percent year-on-year (YoY) increase for the July-September period.
MAS announces finalists for 2024 Global FinTech Hackcelerator and FinTech Excellence Awards
This year’s competition aims to advance the development of suitable financial products and tools that can improve financial health. This can be an important enabler to empower individuals and businesses to manage resources effectively to build financial resilience.
Crafting an effective Request for Proposal response
Connect the dots between your past successes and the current RFP requirements. Use specific examples or case studies to illustrate how you have handled similar situations or projects.
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.
