Seven & i Holdings Ltd announced that its convenience store brand 7-Eleven is planning to explore potential store sell-offs with Canadian firm Alimentation Couche-Tard (ACT). This decision follows a series of measures introduced by Seven & i just days ago to counter a takeover bid from ACT, while also addressing antitrust concerns ahead of a […]
Singapore Airlines (SIA) Group on Thursday, reported a rise of over 146 per cent in its net profit during the third quarter of FY25, predominantly due to non-cash accounting gains resulting from Vistara’s merger with Air India. Accordingly, Singapore Airlines Group’s net profit rose $967 million to $1,626 million, on the back of a $1,098 […]
The Institute of Chartered Accountants of India (ICAI) has recently unveiled its much-anticipated ICAI (Merger and Demerger of CA Firms) Guidelines, 2024, approved by the ICAI Council on January 23, 2025. These new guidelines are set to overhaul the process for Chartered Accountant (CA) firms wishing to merge, demerge, or scale up their operations. Recently, […]
New Delhi, Delhi, India: Two hospitality companies have aligned forces, creating one powerhouse organization strategically positioned for the future of the Indian hospitality industry: LaRiSa Hotels and Resorts that owns and operates hotels with a portfolio of 8 properties across India and AM Hotel Kollection that manages experiential boutique hotels with 18 […]
