Virgin Atlantic Airways came into being, when Richard Branson, who was earlier, involved in music records business and had a company by the name 'Virgin Records', decided to enter airlines business. Virgin Atlantic’s forerunner, British Atlantic Airways, operated flights from the UK to the Falkland Islands, starting in 1982. Branson bought British Atlantic Airways and the new airlines - Virgin Atlantic Airways - began its operations on June 22, 1984. The airline's inaugural flight was between…

Shinhan Bank is the descendant of Hanseong Bank, the first modern bank in Korea. It was established by Kim Jong-Han in 1897, but began operating around 1900. It was originally located in a small house with only two rooms. One room was for the president, Yi Jae-Won, and the other room was for the staff. The bank operated by borrowing money from Japanese banks at low interest rates and then loaning it out for twice the rate to the Korean market. The Bank was successful because despite lending out…

Union Bank of India (Union Bank) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's Independence in 1947, Union Bank only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence Union Bank accelerated its growth and by the time the government nationalised it in 1969, it had grown to 240 branches in 28 states. Shortly after nationalisation, Union Bank merged in…

Jehangir Wadia, son of Indian industrialist Nusli Wadia founded GoAir in 2005. The airline is a fully-owned subsidiary of the Wadia Group. It is a low-cost carrier based in Mumbai, India. GoAir commenced its operations on 4 November 2005 using an Airbus A320 aircraft and operated its maiden flight from Mumbai to Ahmedabad. Though, the airline initially operated to four destinations including Goa and Coimbatore with a single aircraft, it had plans to induct 36 aircraft by the year of 2008. They…