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It is a new challenge for formerly government-owned Air India, which Tata Group took over last year. The CCI, Air India and Vistara did not immediately respond to requests for comment. To address the CCI's concerns, Air India could make concessions such as giving up certain routes or reducing frequency, the second source said, adding that Air India remains confident the matter can be resolved by recommending certain changes. Vistara and Air India both fly on international routes such as London and Dubai and would need antitrust clearances in other jurisdictions, the first source said. Air India is expecting similar queries from foreign countries once it applies for clearance there, but is waiting for the India process to first close, the source added.

Persons: Vistara, Vaibhav Choukse, India's J, Choukse, Aditi Shah, Aditya Kalra, Gerry Doyle Organizations: Vistara, Air India, Tata Group, Tata, Air, The, of India, Singapore Airlines, India's, Sagar Associates, IndiGo, Thomson Locations: DELHI, Air India, India, London, Dubai

☆ How Migrants Flown to Martha’s Vineyard Came to Call It Home
▼ + stars: | 2023-06-28 | by ( Edgar Sandoval | Matt Cosby | ) www.nytimes.com time to read: 1 min

On a sprawling Martha’s Vineyard estate not far from the seashore, Deici Cauro adjusted a baseball cap to keep the burning sun at bay. She was crouching to pull weeds with her bare hands when a familiar voice called out from the other side of the yard. “Pots!” her employer called, and she motioned for Ms. Cauro to follow her to another garden nearby. “¿Vamos?” Ms. Cauro replied in Spanish, wondering if they had decided to move. “Sí, vamos, I guess, whatever that means,” her boss replied, prompting both women to share a hearty laugh.

Persons: Cauro, “ Locations: Venezuela, Cape Cod

☆ 10 Things in Tech: Digital nomad regrets, a longevity researcher’s morning routine, and sun activity
▼ + stars: | 2023-06-28 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

In case you missed it: This is the last week of 10 Things in Tech. The EV company only has six gigafactories across the world: Fremont, California; Sparks, Nevada; Berlin; Shanghai; Austin, Texas; and Buffalo, New York. Each location is outfitted with solar panels, and Musk claims 100 gigafactories could supply the world with all of its energy. My colleague Graham Rapier takes us into the world of Tesla's gigafactories and breaks down what their futures could look like. In a world of remote work, they're trying to pay people the least amount of money to get work done (think freelancers and contractors).

Persons: I'm, Siu, let's, Elon Musk, Graham Rapier, gigafactories, Tyler Le, Allbirds, M0.0nshot, Gigi Chow, Elon Musk's, Walter Isaacson, it's, David Sinclair, Lewis Joly, cardiologists, Eid Mubarak, Diamond Naga Siu, Alistair Barr, Hallam Bullock Organizations: it's, EV, Employers, Paris Air, Storm Shadow, Interactive Entertainment, Tencent Locations: Tech, Fremont , California, Sparks , Nevada, Berlin, Shanghai, Austin , Texas, Buffalo , New York, Silicon, San Francisco, Croatia, Dubrovnik, Harvard, Le Bourget, Paris, France, Ukraine, New York, Florida, Barcelona, Spain, San Diego, Silicon Valley, London

☆ Australia names air force veteran as cybersecurity chief amid rise in data breaches
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, June 23 (Reuters) - Australia on Friday named a senior air force commander as its first cybersecurity boss to help lead the government's response to major data breaches and boost the nation's security capabilities amid a recent spike in network intrusions. Air Marshal Darren Goldie, a 30-year veteran, will become the national cybersecurity coordinator, Prime Minister Anthony Albanese said. He will be supported by a national office within the department of home affairs and begin his term on July 3. HWL Ebsworth has flagged ransomware group BlackCat, also known as ALPHV, may have published some stolen data on the dark web. Major breaches were reported by health insurer Medibank Private (MPL.AX) and telco Optus, owned by Singapore Telecommunications (STEL.SI).

Persons: Darren Goldie, Anthony Albanese, " Albanese, HWL Ebsworth, Goldie, Clare O'Neil, telco, Renju Jose, Jamie Freed Organizations: SYDNEY, Home Affairs, Medibank, telco Optus, Singapore Telecommunications, Thomson Locations: Australia, Sydney

MAS imposed penalties of S$2.6 million ($1.93 million) for DBS, S$600,000 for OCBC, or Oversea-Chinese Banking Corp, S$400,000 for Citibank and S$200,000 for Swiss Life. Asked whether illicit activities had taken place involving the institutions, MAS said its checks focused on compliance with its requirements. DBS failed to adequately inquire into the background and purpose of "unusually large transactions", it said. A Swiss Life spokesperson said it had terminated a client relationship in 2020 after being approached by authorities about a contract. "Since then, and in close cooperation with the authorities, additional measures have been implemented within Swiss Life (Singapore) to detect client misconduct more effectively."

Persons: Wirecard, OCBC, Chen Lin, Yantoultra, Selina Li, Martin Petty, Conor Humphries Organizations: Citibank, DBS, Swiss, Monetary Authority of Singapore, Chinese Banking Corp, MAS, FIs, Singapore police, Thomson Locations: SINGAPORE, Singapore

☆ Telstra-TPG Telecom network sharing deal blocked by Australia's competition tribunal
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: 1 min

June 21 (Reuters) - The Australian Competition Tribunal has upheld a decision to block a network sharing agreement between wireless internet firms Telstra Group (TLS.AX) and TPG Telecom (TPG.AX), TPG said on Wednesday. The Australian Competition and Consumer Commission (ACCC) had ruled against the plan in December, saying it would bring "a real risk that TPG and Optus will invest less in critical infrastructure". Optus, the country's No. 2 wireless internet provider and which is owned by Singapore Telecommunications (STEL.SI), had opposed the deal, saying it would build Telstra's market dominance. Reporting by Harish Sridharan in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.

Persons: Harish Sridharan, Subhranshu Sahu Organizations: Australian, Telstra Group, TPG Telecom, TPG, Australian Competition, Consumer Commission, Optus, Singapore Telecommunications, Thomson Locations: Bengaluru

☆ Australia's competition tribunal blocks Telstra-TPG Telecom network deal
▼ + stars: | 2023-06-21 | by ( Harish Sridharan | ) www.reuters.com time to read: +3 min

2 wireless internet provider owned by Singapore Telecommunications (STEL.SI). TPG said it would review the tribunal's decision before considering its options for further appeal, including a judicial review in the Federal Court. Telstra shares were up 0.7% in early trade, while TPG's shares fell as much as 10.8%, the biggest intraday decline since August 2022. Optus, which had previously opposed the deal on the grounds it would build Telstra's market dominance, said it welcomed the tribunal's decision. "The tribunal's decision was a decisive move for competition in the sector," Commpete Chair Michelle Lim said.

Persons: Vicki Brady, Kelly Bayer Rosmarin, Commpete, Michelle Lim, Harish Sridharan, Subhranshu Sahu, Jamie Freed, Sherry Jacob, Phillips Organizations: Companies Telecom, Optus, TPG Telecom, TPG, Telstra, Australian Competition Tribunal, Telstra Group, Australian Competition, Consumer Commission, Singapore Telecommunications, ACCC, ACT, Thomson Locations: Bengaluru

☆ Global airlines grasp at the 100% recovery
▼ + stars: | 2023-06-21 | by ( Thomas Shum | ) www.reuters.com time to read: +4 min

HONG KONG, June 21 (Reuters Breakingviews) - Global airlines are setting drawn out timelines to a full recovery. Some carriers, particularly in Asia, think they will only fly at or over pre-pandemic capacity levels in 2024 or later. Airlines didn’t rehire quickly enough to support the sudden recovery in demand and are now overpromising and underdelivering. Asian hub carriers like $16.5 billion Singapore Airlines (SIAL.SI) are particularly strained. Singapore Airlines, for example, posted a record net profit of S$2.2 billion ($1.6 billion) for the financial year ended March.

Persons: Britain’s, Una Galani, Pranav Kiran Organizations: Reuters, Qantas Airways, International Air Transport Association, Singapore Airlines, Boeing, Air, Peers, Cathay, HK, Deutsche Lufthansa, Reuters Graphics Reuters, Twitter, IndiGo, Airbus, Air India, Thomson Locations: HONG KONG, Asia, Europe, China, Ukraine, Africa, South America, Air India

☆ Kerry meets Pope Francis privately, says he's in great form and spirits
▼ + stars: | 2023-06-19 | by ( Philip Pullella | ) www.reuters.com time to read: +2 min

[1/4] U.S. Special Presidential Envoy for Climate John Kerry arrives for an interview with Reuters after meeting with Pope Francis, near the Vatican, in Rome, Italy, June 19, 2023. REUTERS/Guglielmo MangiapaneVATICAN CITY, June 19 (Reuters) - U.S. climate envoy John Kerry met Pope Francis on Monday, the first official to have a private audience with him since his discharge from hospital, and told Reuters that he found the pontiff "in great spirits and in great form". "He was in great spirits and great form ... "I found the pope to be very much the pope that I have had the privilege of seeing several times over the last years. He seemed in very good form and good spirits," Kerry, 79, said in an interview in front of St. Peter's Square.

Persons: John Kerry, Pope Francis, Guglielmo Mangiapane, Francis, Kerry, Laudato, Philip Pullella, Toby Chopra, Mark Heinrich Our Organizations: Reuters, REUTERS, CITY, United, Thomson Locations: Rome, Italy, St, Paris, COP28, Dubai, United Arab Emirates, United Nations, Berlin

☆ ‘Squid Game’ Season 2: New details revealed
▼ + stars: | 2023-06-18 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Get ready, because everyone’s favorite lethal game show is preparing for a big return. Netflix shared exclusive new details for the second season of its runaway hit South Korean thriller series “Squid Game” on Saturday, as part of its Tudum Global Fan Event in Brazil. A new teaser for the second season of “Squid Game” announced both returning and new cast members, with series lead Lee Jung-jae, playing cash-strapped everyman Seong Gi-hun, back for a second round. Standout cast member Oh Yeong-su, who played the elderly and unassuming Oh Il-nam in the first season of “Squid Game,” has yet to be confirmed as a returning cast member, even though his involvement in the game was revealed to be a bit more complicated at the end of the show’s first season. A release date for Season 2 of “Squid Game” was not immediately available.

Persons: ”, Lee Jung, jae, Seong, Lee Byung, Yim, Kang Ha, Yang Dong, Oh Organizations: CNN, Netflix Locations: Brazil

☆ US Open: Records tumble and hole-in-ones fall as Rickie Fowler and Xander Schauffele lead breathless first round
▼ + stars: | 2023-06-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Two record-breakers, a pair of hole-in-ones, and a sea of low scores: Los Angeles Country Club served up a Hollywood blockbuster with a thrilling first round at the US Open on Thursday. The pair of hole-in-one’s highlighted a day of widespread low scoring, as birdies rained down around the North Course. Thursday’s 71.34 scoring average marked the lowest ever recorded in a first round at the US Open, beating the previous low of 72.29 at the 1993 tournament. Fowler’s 10 birdies marked the most ever recorded in a US Open round. “I joked a bit earlier, I think the USGA will be a bit frustrated that the number was that low today,” Scheffler told reporters.

Persons: Rickie Fowler, Xander Schauffele, Dustin Johnson, Wyndham Clark, LIV Golf’s Johnson, Clark –, France’s Matthieu Pavon, Sam Burns, Fowler, Richard Heathcote, Rory McIlroy, Brian Harman, Bryson DeChambeau, Scottie Scheffler, Harris, Sam Bennett, Korea’s Kim Si, France’s Paul Barjon, McIlroy, David Cannon, Branden Grace, ”, I’m, ” Berry Henson, “, ” Scheffler, Burns, Pavon, ” Pavon Organizations: CNN, Los Angeles Country Club, Getty, US, USGA, skyward Locations: American, West Coast, Pavon

☆ Opinion: Decoding Trump’s top-secret documents
▼ + stars: | 2023-06-15 | by ( Peter Bergen | ) edition.cnn.com time to read: +7 min

CNN —At the heart of the case of “United States of America v. Donald J. Trump and Waltine Nauta” are 31 classified documents that former President Donald Trump kept at his Mar-a-Lago club, each briefly described in the indictment against him. Peter Bergen CNNTrump has pleaded not guilty to the charges and given a variety of defenses for his handling of the documents. London and Stout walked me through what can be learned about the documents in the indictment. London then explained a point I hadn’t fully considered before: “Documents are classified to protect the sources so that we can continue collecting that information and protect the sources who are doing it. The fiasco at Mar-a-Lago that is alleged in the indictment against him suggests that Trump could care less about this fundamental duty.

Persons: Peter Bergen, Donald J, Trump, Donald Trump, Peter Bergen CNN Trump, United States ’, Douglas London, Mark Stout, Stout, “, ”, London, NOFORN ”, “ Trump Organizations: New, Arizona State University, Apple, Spotify, CNN, “, United, CIA’s Clandestine Service, of American Intelligence, State Department, CIA, London, Signals Intelligence, Twitter, Stout Locations: New America, “ United States, America, United States, East, Africa, Asia, London, Mar

☆ Singapore bank DBS deepens focus on booming family office business
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, June 12 (Reuters) - Singapore lender DBS Group (DBSM.SI) is stepping up its focus on the business of family offices, where its assets have surged in the last two years. Southeast Asia's largest bank by assets is introducing a new investment platform tailored towards the needs of family offices, which are one-stop firms that manage the portfolios of the wealthy. DBS said in a statement it is currently in talks with more than 20 clients and prospective clients across Asia to provide the new investment solution. "It is also an attractive option for some families who are not looking to immediately relocate to Singapore, but would like to consolidate their assets here," said Lee Woon Shiu, DBS' Group Head of Wealth Planning, Family Office and Insurance Solutions. DBS provides banking services to more than one-third of the 700 single family offices established in Singapore, and its family office assets under management (AUM) has more than doubled in the last two years, it added.

Persons: Lee Woon Shiu, Yantoultra Ngui, Muralikumar Organizations: DBS, Wealth, Family, Insurance Solutions, Thomson Locations: SINGAPORE, Singapore, Asia's, Asia

☆ Westpac to layoff 300 workers in business and retail unit, says trade union
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +1 min

June 12 (Reuters) - Australian lender Westpac Banking Corp (WBC.AX) will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said. The Finance Sector Union of Australia (FSU) said on Friday the country's third-largest bank would reduce headcount from its Consumer and Business Banking Division, citing a Westpac internal memo seen by the union. 2 mortgage provider reported a 22% rise in its first half net profit to A$4.00 billion ($2.70 billion) amid a high-inflationary environment. The bank could not be reached immediately for a comment on account of a public holiday on Monday. ($1 = 1.4839 Australian dollars)Reporting by Rishav Chatterjee in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Julia Angrisano, Rishav Chatterjee, Rashmi Organizations: Westpac Banking Corp, Finance Sector Union of Australia, FSU, Consumer, Business Banking, Westpac, Reuters, ANZ Group, National Australia Bank, DBS, Australia's, Thomson Locations: Bengaluru

☆ El espía que me llamó
▼ + stars: | 2023-06-10 | by ( Nicholas Casey | ) www.nytimes.com time to read: +3 min

Dijo que tenía algunas cartas de amor, pero nada que equivaliera a un archivo de los secretos del rey. Villarejo siguió insistiendo, pero Zu SaynWittgenstein volvía una y otra vez a su frustración por su relación con el antiguo rey. Recordé que un editor bien relacionado en Madrid me había dicho una vez que por cada verdad que Villarejo decía, también decía cinco mentiras. Yo le había contado a Bautista que me reuniría con el espía, pero le di órdenes estrictas de que no se lo dijera a nadie más y las había cumplido. La agenda era más útil, ya que ofrecía una forma de cruzar referencias de muchas de las reuniones que Villarejo afirmaba haber tenido.

☆ Trump kept 8 documents so sensitive even their access codes are secret, indictment shows
▼ + stars: | 2023-06-10 | by ( Sam Fellman | ) www.businessinsider.com time to read: +4 min

Some 31 classified documents are at the epicenter of the Trump indictment. We can glean a lot about what Trump kept from the prosecutor's descriptions and the classification marks. There are 31 classified documents recovered by FBI agents that are at the epicenter of the case. But right after the TOP SECRET classification level, two other access codes were redacted by prosecutors. Federal prosecutors listed 31 highly sensitive documents they recovered via an FBI search of Mar-a-Lago in August, 2022.

Persons: Trump, —, Donald Trump didn't, wasn't Organizations: Service, FBI, Trump, Records, US, of Justice, Prosecutors, Mar, Justice Locations: Lago, Florida

Experts have mixed reactions on whether the budget will meet IMF requirements and the impact on the economy. The ‘No new Taxes on Industry’ claim is belied by increase in super tax and that too in not a fully progressive way. Will retailers and the agri sectors that together contribute 40% contribute more than 2% as a result of the budget? SHAHBAZ ASHRAF, CHIEF INVESTMENT OFFICER AT FRIM VENTURES“It is surely not a budget that the IMF would approve of. "The regional energy price budget, which has built in cross subsidies, general collection and distribution losses is something the export industry cannot sustain."

Persons: GHIAS KHAN, EHSAN MALIK, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, ABDUL ALEEM, IRFAN IQBAL SHEIKH, MUSTAFA PASHA, SHAHBAZ ASHRAF, they've, There's, ” FAHAD RAUF, ISMAIL IQBAL, GOHAR EJAZ, Ariba Shahid, Jonathan Oatis, Nick Zieminski Organizations: International Monetary Fund, IMF, Pakistan, Reuters, FX, ENGRO CORP, OF, PAKISTAN BUSINESS, Industry, PAKISTAN, Company, FEDERATION OF PAKISTAN, OF COMMERCE, PKR, IN, MILLS ASSOCIATION, Thomson Locations: KARACHI, Pakistan, PAKISTAN, Karachi

The documents, according to the indictment, included details about U.S. nuclear weapons, spy satellites and the U.S. military. Here are some of the documents mentioned in the indictment:- A document marked TOP SECRET//[redacted]/[redacted]//ORCON/NOFORN that the indictment says concerned "nuclear capabilities of a foreign country." - A document marked SECRET//FORMERLY RESTRICTED DATA that the indictment says concerned "nuclear weaponry of the United States." - Six top-secret documents marked TK, standing for Talent Keyhole, a classification for materials related to U.S. spy satellites. The indictment says these documents concerned the military capabilities of foreign countries.

Persons: Donald Trump, Jonathan Landay, Daniel Wallis Organizations: U.S ., Pentagon, CIA, National Security Agency, National Reconnaissance Office, United States, Department of Energy, FISA, Foreign Intelligence, Thomson Locations: Florida, United States, U.S

Air India, which is revamping itself under new owner Tata Group, has been rapidly growing its international presence with new non-stop flights to Europe and the United States. Being able to use Russian airspace has come as a boon as it looks to capture a bigger share of the market. IATA Director General Willie Walsh called for an opening up of Russian airspace. "What we would like to see is everybody using Russian airspace. But airlines that can are unlikely to stop using Russian airspace after this diversion, said James Halstead, managing partner at Aviation Strategy.

Persons: Stringer, Campbell Wilson, Wilson, Scott Kirby, Kirby, Willie Walsh, Walsh, James Halstead, Vinod Kannan, India's, it's, Air India's Wilson, I'm, Aditi Shah, Mark Potter Organizations: REUTERS, United Airlines, Air, Air India, International Air Transport, Tata Group, Reuters, Airlines, Aviation, Singapore Airlines, Thomson Locations: Sheremetyevo, Russia, Ukraine, Moscow, Stringer ISTANBUL, U.S, India, Europe, Asia, Brussels, Air India, Istanbul, Air, United States, Russia's Far

☆ Slump in global cashew demand pushes Ivory Coast industry to verge of collapse
▼ + stars: | 2023-06-05 | by ( Ange Aboa | ) www.reuters.com time to read: +3 min

Global demand for cashew nuts, eaten as snacks or used for cooking and desserts, has tumbled since the end of the coronavirus pandemic, driven by multiple factors, including consumer inflation and increased production. "No one wants to buy cashew, even if I ask for 150 CFA francs per kilogram ($0.24) instead of the farmgate price of 315 CFA francs. Dembele lost 20 million CFA francs ($33,000) during the 2022 season after buying nuts he could not resell to wholesale processors. Output rose from 400,000 tonnes in 2011 to 1 million tonnes in 2022, and is expected at the same level in 2023. In Bouake, the heart of the country's cashew processing industry, work has come to a near standstill as employers struggle to pay salaries.

Persons: Ange Aboa, Dembele, Ibrahim Coulibaly, Ivory Coast, Ganesh, Rajaraman, It's, Alessandra Prentice, Bate Felix, Ed Osmond Organizations: REUTERS, Ivory, Farmers, Global, CFA, Factories, Thomson Locations: Katiola, Ivory Coast, Korhogo, Bouake, Dakar

☆ Factbox: Penalties imposed on Australian companies over the recent years
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +3 min

Here are some of the major penalties imposed by the regulators:AMP LTD (AMP.AX)Troubled Australian wealth manager AMP Ltd was fined a court-mandated penalty of A$24 million in May for billing dead clients for insurance and financial advice. In October 2022, ANZ was penalised A$25 million for failing to provide certain benefits it had agreed to give customers. In October 2022, CBA's trading unit was fined A$20 million for compliance failures in delivering financial services. NATIONAL AUSTRALIA BANK (NAB.AX)National Australia Bank, the country's second-largest bank, was charged A$18.5 million penalty in August 2021 by a court for issuing misleading fee disclosure statements or none at all. WESTPAC BANKING CORP (WBC.AX)Australia's third-biggest lender, Westpac Banking Corp was ordered to pay A$113 million in penalties in April 2022 for multiple compliance failures across its businesses.

☆ Singapore Airlines, Garuda Indonesia plan JV to boost passenger capacity
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +1 min

May 29 (Reuters) - Singapore Airlines Ltd (SIAL.SI) and Garuda Indonesia (GIAA.JK) plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the flag carriers said on Monday, as post-COVID tourism in Southeast Asia ramps up. The proposed JV would allow the carriers to potentially synchronise schedules, improving passengers' connectivity and convenience, and explore new initiatives, including joint fare products and an alignment of corporate programmes, they said. The plan will cover routes between Singapore and Denpasar, Jakarta, and Surabaya, and deepen the existing cooperation between the two carriers. "This joint venture ... reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, facilitating a greater level of business and people connections and promoting both countries as regional tourism destinations," said Goh Choon Phong, chief executive officer of Singapore Airlines. Reporting by Upasana Singh in Bengaluru; Editing by Nivedita Bhattacharjee and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ 2,500-year-old toilets reveal that the people of ancient Jerusalem were afflicted by painful stomach cramps and diarrhea
▼ + stars: | 2023-05-27 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

Archeologists excavated the cesspits below two toilets from Iron Age Jerusalem. At the time, Jerusalem was the capital of Judah — a vassal state under the control of the Assyrian Empire. "Toilets with cesspits from this time are relatively rare and were usually made only for the elite," Mitchell said. The study suggests the "long-term presence" of the disease across the Near East. Indeed, medical texts from the first and second millennium BC describe diarrhea afflicting the Near and Middle East populations.

The forecast is 22% higher than the S$8.19 billion annual net profit it achieved in 2022. Its ROE was 15% last year, while its CET1 ratio was 14.6%, according to its 2022 annual report. DBS said faster growth in capital-light high-ROE businesses such as wealth management, global transaction services and treasury market sales will help it achieves its goals. DBS aims to be among the top 10 private sector banks in India, projecting net profit to triple to around S$375 million by 2026, according to the slides. ($1 = 1.3245 Singapore dollars)Reporting by Navya Mittal in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

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