Business

SFA, FICCI sign MoU to enhance cooperation at Singapore FinTech Festival 2019

The Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday inked a partnership...

Parenting platform theAsianparent closes 7-figure series C funding

Southeast Asian parenting platform theAsianparent has closed a seven-figure Series C2 funding from new strategic investors Mirae Asset...

Vistara launches drive to expand its fleet

Tata Sons and Singapore Airlines’ joint venture airline Vistara announced plans to nearly double its fleet size from 22 aircraft to 42 by...

Singapore’s Qoo10 acquires Indian e-commerce vendor ShopClues stock in merger

India-based e-commerce vendor ShopClues on Thursday announced its merger with Singapore-based platform Qoo10

Livspace launches in Singapore, marking first phase of APAC expansion

During the six month soft launch phase in Singapore, Livspace is already operating at USD 15 million gross revenue run rate and growing at...

Three Indian-origin executives in Harvard Business Review’s top 10 CEOs list

The list, which features 100 CEOs, is topped by American technology company NVIDIA's CEO Jensen Huang.

Singapore-based remittance firm InstaReM rebrands as Nium

Digital cross-border payments provider InstaReM is rebranding to become part of Nium, the company announced on Sunday.

Scoot shifts operations to Terminal 1 at Changi Airport

Singapore budget airline Scoot successfully completed the shift of its operations from Singapore Changi Airport Terminal 2 to Terminal 1....

7 Indian-origin entrepreneurs in Forbes’ 400 wealthiest Americans list

Amazon founder and CEO Jeff Bezos kept his spot as the richest in the US for the second year running, followed by Bill Gates.

PayPal, MoneyGram looking to raise stake in Indian remittance market

Online payments firms PayPal and MoneyGram are planning to raise their share in the remittance market in India, according to media reports.

Two Indian-origin entrepreneurs in Fortune’s 2019 ‘40 under 40’ list

Two Indian-origin entrepreneurs were among those named by US business publication Fortune in its annual list of the 40 most influential and...

Little India merchants in Singapore thrive with digitalisation support

More than 100 Little India merchants have adopted digital solutions to improve their competitiveness in the digital economy. At a walkabout...

HSBC plans job cuts of up to 10,000, comprising mainly high-paid roles: Reports

With HSBC's interim CEO Noel Quinn seeking to reduce costs across the banking group, this is the bank's most ambitious attempt in years to...

DLF settles payment to joint venture with Singapore's GIC

DLF Ltd said it has settled the entire SGD 1.7 billion (INR 8,700 crore) dues payable to DLF Cyber City Developers Limited (DCCDL), its...

Ola launches ride-hailing services in two new UK cities

Ride-hailing giant Ola on Tuesday launched its services in Coventry and Warwick, the eighth and ninth cities in the UK.

Top Vodafone officials to meet Modi on September 30

Vodafone Group, the parent company of India-based Vodafone Idea, has scheduled a meeting between its chairman Gerard Kleisterlee and CEO...

UK travel giant Thomas Cook collapse leaves over 1 lakh tourists stranded, 22,000 jobs cut

The bankruptcy declaration has resulted in the UK’s biggest repatriation effort since World War II as they try to bring back stranded...

Eros Now announces Microsoft team-up for new video content platform

Global Indian entertainment company Eros Now on Thursday announced plans to build a digital media service.

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...