Bengaluru-based ride-hailing company Ola announced it has rolled out its new enterprise offering ‘Ola Corporate’ services to Australia, New Zealand, and the United Kingdom.
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UKIBC appoints Indian-origin Jayant Krishna as new CEO
The UK India Business Council has announced that Jayant Krishna has accepted the invitation of the Board to become its new Group Chief Executive Officer. He will take charge from August 3.
Singapore-based robotics startup Botsync secures seed-funding from lead investors
Singapore-based robotics startup Botsync has secured seed-funding from lead investors Wong Fong Industries Ltd., SEEDS Capital, Angelhub and Artesian Venture Partners for an undisclosed amount.
CII report finds that Indian companies generate 125,000 jobs in US
A report, ‘Indian Roots, American Soil 2020’ issued by the Confederation of Indian Industries (CII) found that as many as 155 Indian companies have invested USD 22 billion in the USA, thus creating nearly 125,000 jobs in the country.
MAS launches SGD 1.75 million FinTech challenge focusing on COVID-19 and climate change
Themed “Building Resilience, Seizing Opportunities, Emerging Stronger”, the MAS Global FinTech Innovation Challenge aims to promote FinTech solutions that will help financial institutions adapt to and spur the development of green finance in the post-COVID-19 world.
Mukesh Ambani moves ahead of Jack Ma as Asia’s richest person after Facebook deal: Bloomberg
In a massive deal, Facebook Inc. will be investing USD 5.7 billion in Ambani’s Jio Platform – the social networking leader’s biggest deal since the 2014 purchase of WhatsApp.
Facebook invests SGD 8.15 billion in India’s Jio Platforms
The tech giant said the investment aims to enable new opportunities for businesses of all sizes in India, in particular, the more than 60 million small businesses across the subcontinent.
Indian GDP growth forecast for 2020 down to 5.1%, says OECD amid global COVID-19 concerns
The Organisation for Economic Cooperation and Development (OECD) has lowered India’s Gross Domestic Product (GDP) growth forecast to 5.1 per cent from its earlier projection of 6.2 per cent for 2020 following concerns over the impact of the COVID-19 outbreak on the domestic as well as the global e
SBI Cards raises SGD 544 mn from investors like Singapore government, MAS ahead of IPO
State Bank of India (SBI) Cards and Payment Services has raised SGD 544 million (INR 2,769 crore) from investors, including the Singapore government and Monetary Authority of Singapore (MAS), ahead of its initial share sale starting on Monday.
India world’s fifth largest economy in 2019, overtaking the UK and France: Report
According to an independent United States-based think tank report, India emerged as the world’s fifth largest economy, overtaking the United Kingdom and France in 2019.
