During the six month soft launch phase in Singapore, Livspace is already operating at USD 15 million gross revenue run rate and growing at 25% month-on-month.
Category: Corporate
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. The airline also flew its 65 millionth passenger on the same day.
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 inspiring young people in business under the age of 40.
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 do so.
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 joint venture with Singapore-based GIC, through the transfer of certain commercial properties and land parcels in the group.
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.
