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 passengers.

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, Flipkart Private Limited, which is owned by US supermarket chain Walmart.

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 and Industry.

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 company, PhonePe Pvt Ltd, (formerly known as Flipkart Payments), according to business portal paper.vc.

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