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Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding. Singapore Airlines (SIA) Group on Friday said its consideration for the merger comprises the 49 per cent interest in Vistara and Rs 20,585 million (Rs 2,058.5 crore) in cash in exchange for a 25.1 per cent equity interest in the enlarged Air India.

HCLTech announced this week that it is setting up an artificial intelligence/cloud native lab in Singapore that will be ready next year. Singapore is the fifth country — after the US, UK, Germany and India — where the Noida-based company is setting up such a facility. The announcement comes days after India's second largest software services provider, Infosys, collaborated with University of Cambridge to establish an AI lab in London, adding to over a dozen such centres it has globally.

Singapore’s flag carrier, already rountinely ranked as the world’s No. 1 airline with its generous pourings of champagne and ability to book the cook and order Lobster Thermidor, unveiled its fresh and completely redesigned first and business class seats — with all-new privacy doors — on Monday. To start, Singapore Air’s seven Airbus SE A350 jets that fly the 18- or 15-hour crossings between Singapore and New York or Los Angeles will get four first class seats installed. The move comes as rival Qantas Airways Ltd. prepares to launch non-stop flights between Sydney and London and New York as part of Project Sunrise.

France, Germany, Italy, Japan, and Spain shared the second place, granting their citizens visa-free access to 192 countries, as per the latest rankings. The United States ranked 8th, giving its citizens visa-free entry to 186 countries.

Executive search firm EMA Partners India is planning to launch an initial public offering (IPO) with a maximum offer of up to Rs 100 crore subject to approval.

Subscribe to enjoy similar stories. Victims of the $233-million WazirX hack are preparing to sue the cryptocurrency exchange for damages in the national consumer forum after the firm’s Singapore-based parent won a four-month moratorium against legal proceedings in the city-state.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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Anand Mahindra, renowned for his uplifting social media presence, has once again engaged his followers with an inventive take on combating the notoriously infamous «Monday mornings.» This time, he highlighted a fascinating feature from Singapore’s Changi Airport that allows passengers to take a slide to their boarding gates. In a post on X, Mahindra shared a video showcasing this playful option at the airport. He used the slide as a metaphor for embracing the week ahead with enthusiasm and joy.

Indian airlines received bomb threats, as reported by sources. Among the airlines affected are IndiGo, Vistara, Air India, and Akasa Air, including some international routes. IndiGo had six flights impacted by the threats, which included routes such as 6E 58 from Jeddah to Mumbai, 6E 87 from Kozhikode to Dammam, and flights 6E 11 and 6E 17 from Delhi and Mumbai to Istanbul, respectively. Other affected services included 6E 133 from Pune to Jodhpur and 6E 112 from Goa to Ahmedabad.

Haldiram Snacks Food Pvt Ltd, the 87-year-old legacy brand which is India’s largest snack and convenience foods company. Earlier, it was reported that Haldiram’s promoters were planning to sell a controlling 51 per cent stake, but now a new report says they are looking to offload 10-15 per cent minority stake. Many global investors have been vying to buy a stake in the cash-rich and profitable company which has a long legacy of manufacturing the iconic Indian savoury snack, Bikaneri bhujia.

Subscribe to enjoy similar stories. At least 13 hoax bomb threats have been received by Indian airlines in the past 48 hours alone. Some flights had to be diverted, like one of Air India from New Delhi to Chicago that was forced to land in a small Canadian town.

A former Singaporean cabinet minister has been sentenced to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Singapore court has granted cryptocurrency exchange WazirX a four-month conditional moratorium. This ruling provides the embattled exchange with temporary relief, allowing it to focus on resolving the aftermath of a major hack that led to the loss of over $230 million, about 45% of customers' funds. The court's decision followed WazirX’s request for a six-month moratorium under Section 64 of the Insolvency, Restructuring, and Dissolution Act (IRDA). However, the court granted a shorter, four-month period.

Internet Exchange Points (IXPs) and peering networks are set to surge in India amid the data centre boom to support increasing IT workloads and strong data consumption by mobile users. IXPs, typically, are physical locations where different networks connect to exchange internet traffic via common switching infrastructure. They are responsible for interconnecting internet service providers (ISPs), content delivery networks (CDNs) such as Cloudfare, Akamai, over-the-top (OTT) players such as Netflix, Amazon Prime, DNS root servers, national and international telco networks and even social media networks like Instagram. As per the Internet Society, India ranks number 2 in Asia on the IXP count metric. But it lags in penetration terms compared to Finland, Singapore, Australia and the UK. For instance, Finland and Singapore have 12.5 and 22 IXPs per 10 million people, respectively, whereas India has only 0.23 IXPs per 10 million people, according to Extreme Infocom.

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

A former Singaporean cabinet minister has pleaded guilty to charges of receiving illegal gifts, in the Asian financial hub’s first ministerial criminal trial in nearly half a century