INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS
The insightful articles, inspiring narrations and analytical perspectives presented by the Editorial Team, establish an alluring connect with the reader. My compliments and best wishes to SP Guide Publications.
"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"
Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
- Indian Air Force Aims for Full Indigenous Inventory by 2047 — Air Chief Marshal A.P. Singh
- General Upendra Dwivedi takes over as the Chief of the Army Staff
- Rajnath Singh assumes charge as Defence Minister for the second consecutive term
- Admiral Dinesh K. Tripathi assumes Command of the Indian Navy as 26th Chief of the Naval Staff
- Prime Minister witnesses 'Bharat Shakti' – a Tri-Services Firing and Manoeuvre Exercise in Pokhran, Rajasthan
CORPORATE
Airbus Group acquires Salzburg München Bank
Airbus Group closed the acquisition of Salzburg München Bank AG from Raiffeisenverband Salzburg on 25 July 2014, allowing the aeronautics and space group to establish its company bank in order to provide additional financing options.
Salzburg München Bank will be renamed Airbus Group Bank in the third quarter of 2014 and gradually be developed to provide finance solutions to support the Group’s businesses. Formerly 100 per cent owned by Raiffeisenverband Salzburg, the acquired company is a fully-licensed bank based in Munich serving small and medium-sized enterprises (SMEs) and private clients.
“With the closing of this acquisition, I am grateful that we can now move forward with our bank project,” said Airbus Group Chief Financial Officer Harald Wilhelm. “All parts of Airbus Group stand to benefit from the increased financing flexibility that this bank will provide.”
At the end of 2013, Salzburg München Bank had total assets of around €330 million. The transaction will not have any immediate effects on its existing clients or businesses.
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