With the FDI clearance in place, the merger that will see Singapore Airlines acquiring a 25.1 per cent stake in Air India is expected to be completed by the end of 2024. The proposed merger was announced in November 2022.
Tag: Business
10 years of Jan Dhan Yojana: Pioneering scheme now covers 531 million people in India
Indian government’s Pradhan Mantri Jan Dhan Yojana initiative scheme completes 10 years
As Starbucks replaces Indian-origin head Laxman Narasimhan by Chipotle’s Brian Niccol, spotlight is on rapid CEO firing in US firms
Starbucks replaces Indian-origin head Laxman Narasimhan by Chipotle’s Brian Niccol
Former YouTube CEO Susan Wojcicki, whose garage served as Google’s office, dies at 56 after battling lung cancer
Former YouTube CEO Susan Wojcicki dies at 56
DBS Bank leadership transition: Piyush Gupta to be succeeded by Tan Su Shan as CEO in March 2025
When Tan becomes CEO, the DBS Group will have its first ever female chief executive. Her past roles have been at Morgan Stanley and Citigroup.
Indian American judge rules Google’s online search monopoly is illegal
US judge gives major decision on Google’s internet search monopoly
Singapore Police recover USD 40+ million in joint ops with Interpol and Timor-Leste
The scam victim, a commodity firm based in Singapore, lodged a police report stating that it had fallen prey to a case of business e-mail compromise scam.
Singapore cyber-crime trend: Fewer phishing e-mails but more AI-sharpened language
AI-enhanced quality in the text of the phishing e-mails increases the risk of targets falling for scams, since these e-mails would not have the usual red flags.
Temasek plans USD 30bn investment in health, fintech, and other sectors in American market
Temasek has seen substantial returns on its investments in the US and in India, in contrast to the relatively weak RoI from China.
SearchGPT: Open AI to challenge Google with its AI-powered new search engine
Open AI to launch its new search engine which promises to give a tough battle to Google
