Island nation Mauritius dislodged Singapore to emerge as the top source of foreign direct investment (FDI) into India in 2016-17.
Category: Corporate
Changi Airport reaches milestone 1 billion passengers since opening
In April 2017, Changi Airport registered its one billionth passenger since its opening on 1 July 1981.
DesignSingapore Council and Time Inc. announce editorial leadership
DesignSingapore Council and Time Inc. (NYSE: TIME) announced the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018.
Indian Govt looks up to ArcelorMittal-SAIL tie for production of automobile grade steel
The Indian government has pinned its hopes on an early compromise between UK NRI Lakshmi Niwas Mittal-controlled ArcelorMittal and SAIL to launch a joint venture for production of automobile grade steel
Indian techies form union to protect jobs amid layoffs by IT firms
Amid layoffs by many IT firms including Infosys, Wipro, Cognizant and Tech Mahindra, hundreds of Indian technical professional working as software engineers or providing back office services to global firms are setting up a pan-India trade union to protect their jobs.
Tata-SIA venture Vistara emerges as most punctual airline in Indian metros
Tata Sons-Singapore International Airlines(SIA) joint venture Vistara has emerged as the most punctual flight service in the metros compared to five other main domestic airlines in India. Vistara has emerged as the most punctual flight service in the metros.
SIA reports first quarter loss in 5 years; sets up new unit to review business outlook
The Singapore Airlines Group (SIA) reported a S$138 million loss in the three months to March 31. This is its first loss in five years.
Singapore Airlines reintegrates SIA Cargo as a division
This move intends to improve efficiency through greater synergy with the wider SIA Group.
Pragati Maidan to morph into world class business centre with Singapore architect’s help
The Indian government has given the go-ahead to the makeover of the iconic Pragati Maidan into a world-class exhibition-cum-convention centre designed by Singapore-based architecture firm Aedes along with Indian firm ARCOP and Government infrastructure developer NBCC.
Singapore’s GIC reduces stake in Swiss bank UBS
Singapore’s sovereign fund GIC Pte has decided to reduce stake in the Swiss bank UBS. GIC reduced its ownership of UBS from 5.1 per cent to 2.7 per cent on May 15 as the sale of shares realised a loss on the UBS investment.
