Standard & Poors credit rating for India stands at BBB-. Moodys rating for India sovereign debt is Baa3. Fitchs credit rating for India is BBB-. While China’s rating by S&P AA-, Moores Aa+, Fitchs A+ and United Kingdom, S&P AAA, Moores AA1, Fitchs AA+. United States S&P AA+, Moores Aaa, Fitchs AAA. In general, a…
Clive Jackson, the CEO of a travel company named Victor with about 18000 members, which offers on-demand charter jet booking, is just one of a number of apps serving a very lucrative user base—the ultra wealthy and corporate teams willing to pay for convenience. Victor bills itself as a product that “makes comparing, booking, and…
San Francisco based online video service Vessel is launching a two-tier service – a free ad supported version and a £2.99 a month subscription tier promising fewer ads version and an early access to web’s teaser short version videos. Vessel founded by two executives from Hulu – an online video service, CEO Jason Kilar…
For the first time Rolls-Royce has received its largest order to date, worth £6.1bn ($9.2bn), to supply over 200 Trent 900 engines for 50 Emirates super-jumbo A380 planes, and TotalCare® support. Rolls-Royce will provide over 200 Trent 900 engines and, worth $9.2 billion, to Emirates for 50 new Airbus A380s The news enhanced Rolls-Royce’s share…
Vistara is an Indian airline joint venture from Tata Sons and Signapore Airlines based in New Delhi commended operations on 9th January 2015, and till 31st March 2014 carried a total of 100,000 passengers. The airline operates 6 Airbus A320-232 within India and has197 weekly scheduled passenger service across 8 domestic destinations. Vistara is the…
LinkedIn has bought Carpinteria, California, US leading online learning business Lynda (founded in 1995) for $1.5bn (£1.1bn), making it the professional networking site’s biggest acquisition to date. Lynda helps anyone to learn business software, coding to business skills, technology and creative skills to achieve personal and professional goals, also provides German, French and Spanish language…
Oil reserves worth £600bn at current price have been discoveres at Horse Hill near Gatwick airport, and analaysi suggests local area could hold 158m barrels of oil per square mile, of which only 100 billion barrels could be recovered according to exploration firm UK Oil & Gas Investments (UKOG). The North Sea has produced about…
Burger King will pay the wedding expenses for a young Illinois couple named Joel Burger and Ashley King, whose children will carry forward in their last names the ‘lineage’ of the multinational fast-food chain, media reported. Burger, 24, and King, 23, accepted the offer of the Miami-based fast-food chain to sponsor their wedding on July…
Recent tumbling oil prices have encouraged petroleum giant Royal Dutch Shell PLC and BG Group PLC, Britain’s third largest energy company are “in advanced discussions” over a possible merger, in what could be one of the mega deals of 2015. Their mega-fusion could produce a company with a combined market capitalisation of more than £200bn…
A Mensa member, Devita Saraf, CEO Vu Technologies and Executive Director, Zenith Computers, started introducing “luxury in technology” to the Indian market, in 2005, and displayed her acumen and ability to target people with acute interest in luxury products even though these people have in the past searched for similar items in the internet. After…