Corporate

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...

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...

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

DBS adopts AI-powered screening technology to enhance compliance

As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend...

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...

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...

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.

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.

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...

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...