Mastercard CEO Ajay Banga will leave his position next year and take over as executive chairman, the company announced.
Tag: Business
Singapore announces support measures for tourism sector impacted by COVID-19
Singapore Tourism Board (SBT) will be providing tourism companies with more support to upgrade the capabilities of their workers.
India world’s fifth largest economy in 2019, overtaking the UK and France: Report
According to an independent United States-based think tank report, India emerged as the world’s fifth largest economy, overtaking the United Kingdom and France in 2019.
DBS reports record SGD 6.39 billion profits for 2019
DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.
Companies in UK owned by Indian diaspora paid GBP 1 bn in taxes: Report
The report, produced by Grant Thornton UK jointly with the Indian High Commission in London and the Federation of Indian Chambers of Commerce and Industry (FICCI UK), zeroed in on a select few of an estimated total of over 65,000 diaspora-connected companies.
Foreign tourism to India on the downturn in recent years: Economic Survey
The Indian Finance Ministry’s Economic Survey 2020 found that foreign tourist arrivals decelerated to 5.2 per cent in 2018 and 2.7 per cent in January-October 2019.
WeWork appoints Indian-origin real estate veteran Sandeep Mathrani as CEO
WeWork on Sunday announced that Indian-origin executive Sandeep Mathrani will join the Company as Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020.
Indian-origin Arvind Krishna to be new IBM CEO
Indian-origin executive Arvind Krishna, 57, is set to take charge of International Business Machines Corp (IBM) from April after its Chief Executive Officer Ginni Rometty decided to hand over the reins of the company’s cloud business.
UK court orders sale of Vijay Mallya’s yacht to repay debt
A United Kingdom court on Monday ordered that a Force India yacht linked to former liquor baron Vijay Mallya be sold and its proceeds amounting to EUR 6 million be used to repay Qatar National Bank to enforce its mortgage on the vessel.
Indian government offers 100% stake in Air India for sale; sets March 17 deadline for bids
The Indian government on Monday set March 17 as the new deadline for submitting expressions of interest in acquiring a 100 per cent stake in debt-laden state-owned airline Air India.
