BASF India’s parent company to evaluate strategic options for construction chemicals business

BASF India’s parent company — BASF SE Germany — has decided to evaluate strategic options for its construction chemicals business to ensure a successful future development. The outcome of assessing strategic options is open and BASF SE could consider a merger of its construction chemicals business with a strong partner as well as a divestiture, … Read more

SilkAir to be merged with parent Singapore Airlines

NEW DELHI: Singapore Airlines’ (SIA) regional wing, SilkAir, will undergo over $100-million cabin upgrade program and eventually merge with the parent SIA. The Singapore-based mega airline on Friday said SilkAir will undergo the multi-year “significant investment programme” to upgrade to new lie-flat seats in business class, and get seat-back in-flight entertainment systems in both business and economy … Read more

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