Corporate

Indian-American Satya Nadella, Paytm founder Vijay Shekhar Sharma to invest in US T20 cricket league

Following Shah Rukh Khan, Paytm’s founder Vijay Shekhar Sharma and Microsoft’s Indian-origin CEO Satya Nadella have become angel...

Grab-Singtel consortium's digital bank to provide transparent financial services to underserved groups

The Grab-Singtel consortium aims to formally launch its digital bank focusing on serving consumers and small businesses in early 2022.

Exim Bank study released at India-CLMV Business Conclave 2020 focuses on regional infrastructure partnerships to enhance competitiveness

Consistent with the Indian government's Act East Policy, India Export-Import (Exim) Bank's study highlighted the need for infrastructure...

Chennai-based Lakshmi Vilas Bank merges with DBS unit

Chennai-headquartered Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India from November 27, 2020.

Non-bank financial institutions in Singapore can connect directly to PayNow and FAST from February 2021

NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to FAST and PayNow...

Singapore Airlines offers one-stop COVID-19 testing service to passengers

Some Singapore Airlines (SIA) and SilkAir passengers can now avail of pre-departure COVID-19 testing with the launch of a new one-stop...

Singapore-based IT firm proposes SGD 199 mn investment to open data centre in Noida

Singapore-based ST Telemedia Global Data Centres (STT GDC) India has proposed to develop a Greenfield Data Centre Campus in Noida to boost...

Singapore Airlines raises USD 500 million in US dollar bond issue

Singapore Airlines has raised USD 500 million in its first US dollar bond issue which the company will use to buy new aircraft as the global...

Singapore Exchange announces new regulations for auditors, property valuers

Singapore Exchange's regulatory unit announced it will tighten requirements for listed company auditors and raise standards on valuation...

Singapore Airlines raises SGD 850 million convertible bond with strong investor support

Singapore Airlines (SIA) successfully raised SGD 850 million via a convertible bond issue that has been placed with a variety of...

British firms invested GBP 140 mn in India in 2020 despite pandemic: Report

The latest Confederation of Business Industry (CBI) and Ernst & Young Sterling Access' report, which examines trade between the UK and...

Luxury homes worth INR 500 crore sold in South-Central Mumbai in October: Report

Beginning the festive quarter on a distinct upbeat note, South-Central Mumbai localities witnessed luxury home sales worth INR 500 crore...

UK firms say it is easier to do business in India now: Survey

A survey revealed that nearly two-thirds of United Kingdom-based businesses operating in India believe it is getting easier to do business...

US court asks ISRO's commercial arm to pay USD 1.2 bn to Bengaluru startup

A United States court has asked Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), to pay compensation...

DBS launches online tracking for cross-border payments in Asia's first

More than 240,000 DBS corporate and SME clients in Singapore and Hong Kong will be the first to benefit from the service at no additional...

DBS named safest bank in Asia for 12th year running

DBS has been named the "Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance.

Google announces "end of office" with Google Workspace

Google Cloud has announced Google Workspace, which brings together messaging, meetings, docs, and tasks in an integrated experience.

Indian-origin brothers acquire majority stake in UK supermarket chain

Indian-origin billionaire brothers Mohsin and Zuber Issa announced plans to acquire a majority stake in the leading UK supermarket chain...

UK's Webley & Scott becomes first global firearms firm to set up production unit in India

Webley & Scott, one of the oldest arms manufacturers in the world, will be setting up a manufacturing unit in Hardoi, Uttar Pradesh to...

Singapore businesses are the most digitally-ready in APAC: DBS survey

Close to 45 per cent of corporates in Singapore have a well-defined digital strategy.

Seven Indian-Americans in Forbes list of richest people in the United States

Seven Indian-Americans have figured in Forbes’ list of richest people in the United States, which was topped by Amazon founder Jeff Bezos...

Singapore Airlines Group cuts around 4,300 positions

The Singapore Airlines (SIA) Group announced on Thursday, September 10, that it will be cutting around 4,300 positions across its airlines.

Amazon to launch online pharmacy in India

“Amazon Pharmacy” will provide both over-the-counter and prescription-based drugs, basic health devices as well as traditional Indian...

DBS reports 26% lower net profit for 2020H1, as general allowances of SGD 1.26 billion conservatively set aside

DBS Group reported a net profit of SGD 2.41 billion for the first half of 2020 – 26 per cent lower than a year ago.

'Ola Corporate' services to kick off in UK, Australia and New Zealand

Bengaluru-based ride-hailing company Ola announced it has rolled out its new enterprise offering 'Ola Corporate' services to Australia, New...

Specify 'country of origin' of products, Amazon India tells sellers

Amazon India yesterday announced that it will introduce “country of origin” as a mandatory attribute in its category listings.

Google announces USD 4.5 bn investment in Reliance Jio

In the first investment from the Google For India Digitisation Fund announced earlier this week, Google announced a multi-billion dollar...

Indian-origin Prabhakar Raghavan appointed head of Google Search

American tech giant Google has appointed Indian-origin tech executive Prabhakar Raghavan as the new head of its Search and Assistant...

India’s e-Commerce Industry Forecast to hit $188 Billion by 2025

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...