Beating market expectations, DBS Group Holdings registered a whopping net profit of SGD1.21 billion in the first quarter, proving once again its expertise in wealth management.
Category: Business
PM Modi invites Turkish construction companies to build in India
In a move that might fire up an already heated infrastructure development space, Prime Minister Narendra Modi has invited the Turkish construction companies to come and build infrastructure in India.
Infosys to hire 10,000 American workers, open four US tech centres
Indian IT major Infosys will hire about 10,000 locals in the US over the next two years and set up four technology and innovation hubs there. This is part of the efforts to tide over visa-related issues.
United begins damage control; reaches settlement with victim, promise to do better in full-page ad
After a tumultuous month in which its public image has been dragged through a mire, United Airlines finally seemed to be getting their act together in terms of damage control.
WhatsApp: India to play ‘crucial role’ in business, digital payment services
The Facebook-owned messaging platform, which has been working on solutions to allow businesses to connect with consumers, will test tools that allow users to communicate with businesses and other organisations such as banks or airlines through its platform, stated parent company Facebook last year.
Singapore Airlines Cabin Crew Leaders Programme receives SkillsFuture accreditation
Singapore Airlines’ (SIA) Cabin Crew Leaders Programme (CCLP) has been accredited with the Workforce Skills Qualifications (WSQ) Advanced Certificate in Service Excellence.
FIPB nod to acquisition of Gland Pharma by China’s Fosun
The Indian inter-ministerial body Foreign Investment Promotions Board (FIPB) has recommended to the Cabinet Committee on Economic Affairs (CCEA) the acquisition of Gland Pharma by the Shanghai Fosun Pharmaceutical of China through a foreign direct investment (FDI) of INR4,315 crore.
Sanjeev Gupta’s Liberty House Group to buy ArcelorMittal’s US unit
UK-based Indian-origin entrepreneur Sanjeev Gupta’s Liberty House Group announced it had reached an agreement in principle with ArcelorMittal to acquire the latter’s Georgetown Steelworks in South Carolina, USA.
A*Star to drive tech adoption by providing SMEs access to facilities
The Agency for Science, Technology and Research (A*Star) will be giving companies access to 17 advanced manufacturing facilities under a new scheme set to kick in this September. The aim is to spur the manufacturing sector towards adopting technology.
Nitin Gadkari kick starts the SGD1 Billion Masala Bond Sales from Singapore, Next Stop Hong Kong, followed by London
Nitin Gadkari, India’s Minister of Road Transport & Highways and Minister of Shipping, in his self-assured style tinged with sense of humour kick started the masala bonds road show to raise capital for India’s highway infrastructure.
