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In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...
To cater to Non-Resident Indians, HDFC had offices in London, Singapore and Dubai [13] and service associates in Middle Eastern countries. [9] The first overseas office was opened in Dubai in 1996 and in the 2000's was expanded to London and Singapore. [13] In addition, HDFC covered over 90 locations through its outreach programmes.
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
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On 12 December 2012, Singapore Airlines sold its 49% stake in Virgin Atlantic for US$360 million to Delta Air Lines. [ 20 ] In September 2004, the airline entered the low-cost carrier market by establishing Tiger Airways with a 49% stake, in partnership with Indigo Partners (24%); Irelandia Investments, the private investment arm of Tony Ryan ...
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The airline also uses the A380 to serve commemorative or seasonal flights. Singapore Airlines became the first to operate commercial A380 flights into Beijing from 2 to 8 August 2008 to meet higher passenger traffic during the Beijing Summer Olympic Games and operated the A380 seasonally to Osaka in August 2012. [40]
SilkAir Singapore Private Limited, operating as SilkAir, was a Singaporean regional airline with its head office in Changi, Singapore.It was a wholly owned subsidiary of Singapore Airlines and in 2017, operated scheduled passenger services from Singapore to 54 cities in Southeast Asia, the Indian subcontinent, East Asia, and Northern Australia. [2]