Satya Nadella breaks silence on laying off 6,000 employees and said it was more related to organisational restructuring
Category: Corporate
Singapore Airlines group posts record SGD 2.8 billion net profit, boosted by Air India-Vistara merger
Giving a summary of the company’s financial statement, a SIA press release said that the SGD 2.8 billion net profit was “boosted by the one-off non-cash accounting gain of SGD 1.1 billion from the Air India-Vistara merger”.
E-commerce giant Flipkart heads home, to shift holding company from Singapore to India
Flipkart, an e-commerce giant in India, started in 2007 by selling books online. It now competes with Amazon in India.
Amazon plans to layoff 14,000 managers by early 2025 as part of the cost-cutting drive: Reports
E-commerce giant Amazon is planning to reduce 14,000 jobs by early 2025 as its cost-cutting measure
Reliance Jio, Airtel ink deal with SpaceX to bring Starlink internet to India
Reliance Jio inks pact with Elon Musk’s SpaceX to bring Starlink internet to India
Flipkart Leap Ahead selects five innovative startups for its third cohort
The flagship startup accelerator program by Flipkart focuses on enabling technological synergy within the startup landscape and accelerating the growth of early-stage startups.
Singapore Airlines Group revenue up 2.7 percent to SGD 5.2B, sets new Q3 record
Passenger flown revenue improved by SGD 70 million (+1.7 percent), with SIA and Scoot carrying a quarterly record of 10.2 million passengers, up 7.2 percent from the third quarter of FY2023/24.
Perplexity AI’s plan for TikTok involves US government ownership
The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok’s parent ByteDance on Jan 18, a day before the law that bans TikTok went into effect.
From almost extinct to exceptional growth: Rise of TECO Chemicals and Gaurav Saini
A “naughty”, “ambitious” and “not a studious kid” from the streets of Delhi, India’s capital city that houses a population of 33 million, is now the Managing Partner, CEO & Executive Board Member of Teco Chemicals, an Oslo-headquartered company with a growing reputation in the maritime sector. Connected to India’s CEO Himanshu Verma sat down […]
Singapore Airlines to continue as title sponsor of Singapore Grand Prix till 2028
This latest extension will cover the event, which will continue to be called the Formula 1 Singapore Airlines Singapore Grand Prix.
