Business

Singapore-based InstaReM to power real-time remittances for SBI Cosmoney, SBI Remit

Customers of SBI Remit and SBI Cosmoney will now be able to make real-time cross-border payments across selected markets.

Ahead of Diwali season, Flipkart gets SGD 310mn cash infusion from Singapore parent

E-commerce platform Flipkart has received an SGD 310 million (USD 225 million or INR 1,616 crore) infusion from its Singapore-based parent,...

US discount brokerage company Charles Schwab to shut down Singapore office

American discount brokerage company Charles Schwab Corp has announced the closure of its Singapore office less than two years after opening...

Oyo buys Las Vegas hotel in US expansion bid

India-based Oyo Hotels and Homes has taken over the Las Vegas Hooters Casino Hotel in what is its first property purchase in the United...

Major upsurge in Indian companies joining Dubai business chamber

The first six months of 2019 has seen an 18 per cent increase in Indian businesses signing up to be members of the Dubai Chamber of Commerce...

Visa launches new measures to combat payment fraud

Financial services provider Visa announced a suite of innovative security capabilities to help prevent payment fraud.

Microsoft partners Jio to accelerate digital transformation in India

Microsoft has partnered Reliance Jio Infocomm (Jio), a subsidiary of Reliance Industries Limited to help accelerate the digital...

HSBC to axe thousands of jobs globally but says Singapore key to growth

British bank HSBC is set to overhaul its operations by axing thousands of jobs globally. The bank is set to get rid of 2 per cent of its...

PhonePe gets SGD 139-mn fund infusion from Singapore parent company

Flipkart's online payment app PhonePe has received SGD 139.15 million (INR 697.91 crore) in a fresh fund infusion from its Singapore parent...

Pinterest’s new Singapore office to operate SE Asia, India hub

Photo-sharing social media firm Pinterest has launched its Singapore office to better operate across South East Asia and India. This is...

Deustche Bank axes Asia-Pacific teams in global jobs cut

As part of its strategic overhaul, Deutsche Bank will be axing 18,000 jobs globally.

Singapore: CapitaLand-Ascendas merger creates one of Asia’s largest real estate groups

Singapore-based realty major CapitaLand Ltd announced it has completed the acquisition of Temasek-owned Ascendas-Singbridge, resulting in...

Zilingo-UOB tie-up brings banking convenience to businesses

United Overseas Bank (UOB) and lifestyle e-commerce platform Zilingo have collaborated to support the growth of ASEAN’s fashion industry.

August deadline for Reliance Infra’s Delhi-Agra toll road deal with Singapore company

Anil Ambani-led Reliance Infrastructure announced today that its sale of the Delhi-Agra toll road to Singapore-based Cube Highways and...

DBS champions social entrepreneurship across Asia

The 2019 cycle of the Development Bank of Singapore (DBS) Foundation Social Enterprise (SE) Grant is now open for application.

Commercial Indian real estate a good bet: Anarock Consultants

Anarock Property Consultants are pitching India’s commercial office property as an investment alternative for Non-Resident Indians in a...

Indian company to send farm fresh milk to Singapore

Indian dairy company Parag Milk Foods will now be delivering premium, farm fresh milk from India to Singapore.

US-India Business Council to give Sundar Pichai global leadership award

Sundar Pichai, Google's chief executive officer and Adena Friedman, Nasdaq's president and chief executive officer, will be given Global...

TCS among Top 50 companies recognised for diversity

Tata Consultancy Services (TCS) was the only Indian company in the US to be recognised in DiversityInc’s 2019 Top 50 Companies for...

DBS looks to attract brightest tech talents through global hackathon

Named Paradigm Shift, DBS' new global hackathon focuses on building a customer-centric approach to developing cutting-edge services for...

Singapore-based health analytics startup Biofourmis raises SGD48.2 million in Series B funding

Singapore-based health analytics startup Biofourmis has raised SGD48.2 million (USD35 million) in Series B financing round for expansion.

P2P online rental platform MyRent launches in Singapore today

MyRent, an innovative peer-to-peer on-demand rental marketplace, is set to formally launch today in Singapore.

Singapore-based smart wearables startup KaHa raises SGD8.5mn in Series B funding

Singapore-based Internet of Things (IoT) startup KaHa, which makes smart wearables, has raised SGD8.5 million (USD6.2 million) in Series B...

IKEA partner Ingka Group invests in Indian home furnishing startup Livspace

India-based home design and renovation platform Livspace has received funding from Ingka investments, the investment arm of Ingka Group.

Singapore’s GIC, IHCL strike SGD790 million deal to acquire premium hotels in India

Singapore’s sovereign wealth fund GIC has tied up with Tata Group’s Indian Hotels Company (IHCL) to invest whopping SGD790 million...