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-By ArdorComm News Network
December 3, 2024
Korean Air has confirmed that it will consolidate its low-cost carrier (LCC) brands under the Jin Air banner following its merger with Asiana Airlines. The unified brand will include Asiana’s subsidiaries Air Busan and Air Seoul, creating what is described
-By ArdorComm News Network
November 28, 2024
Japanese semiconductor distributor Macnica Holdings Inc. is exploring acquisitions in India and other parts of Asia as part of its strategy to strengthen its market position amidst growing competition and industry challenges. The Yokohama-based firm, which holds a 22% share
-By ArdorComm News Network
November 25, 2024
The Department of Financial Services (DFS) under the Finance Ministry has granted ‘in-principle’ approval for the consolidation of the IFCI Group, marking a significant step toward restructuring and streamlining its operations. The plan involves the merger or amalgamation of IFCI
-By ArdorComm News Network
November 14, 2024
Frontier Communications (NASDAQ: FYBR) announced that its shareholders have approved the acquisition by Verizon Communications Inc. (NYSE, NASDAQ: VZ) in a recent vote, with approximately 63% in favor. This merger agreement, first revealed on September 5, 2024, values Frontier at
-By ArdorComm News Network
November 13, 2024
Air India has announced the completion of its merger with Vistara, creating a unified full-service airline that will now operate over 5,600 weekly flights across more than 90 destinations. This merger is a significant milestone for India’s aviation industry, strengthening
-By ArdorComm News Network
November 12, 2024
India should expand its domestic vaccine manufacturing and research to ensure greater control over vaccine safety and meet public health needs, according to a recent report from the Global Trade Research Initiative (GTRI). Released on Monday, the report advocates for
-By ArdorComm News Network
November 11, 2024
As Tata Group prepares to merge Air India and Vistara, a growing number of Air India pilots are reportedly dissatisfied due to differences in retirement age policies between the two airlines. While Air India mandates a retirement age of 58
-By ArdorComm News Network
November 7, 2024
In a strategic international expansion, digital supply chain finance platform Veefin has acquired Singapore-based GenAI startup Walnut in an all-cash deal—its fourth acquisition this year and first overseas. Known for its innovative data management solutions for banks and financial institutions,
