Pine Labs, a point-of-sale and merchant commerce solution provider incorporated in Singapore, has become the first unicorn of 2020 from India after a deal with New York-based financial services major Mastercard.
Tag: Business
DBS launches QR-based payment solution for businesses
Paying suppliers and vendors with cash could soon be a thing of the past for Singapore’s 28,000 coffee shops, hawker centres and restaurants.
Bezos: Will export Indian goods worth USD 10 billion by 2025
Kicking off a two-day summit in New Delhi, Amazon Inc founder Jeff Bezos on Wednesday said his company will use its global footprint to export USD 10 billion worth of Make in India goods by 2025.
OYO lays off over 1,000 workers in ‘right-sizing’ drive
Indian hospitality unicorn OYO announced plans to downsize over 1,000 people in India and 600 in China as part of its restructuring and reorganisation of teams across businesses.
Walmart India sacks 56 employees in restructuring drive
Global retail giant Walmart is in the process of sacking over 50 of their employees based at the Gurugram headquarters in India.
Indian-origin lawyer suing supermarket chain Tesco in the UK over chocolate bar
A 63-year-old Indian-origin lawyer in the United Kingdom has filed a lawsuit against the nation’s biggest supermarket chain Tesco over his alleged mistreatment which, he claims, has dislodged his kidney stones.
India curbs palm oil imports from Malaysia over their PM’s anti-CAA stance
Economic and diplomatic ties between India and Malaysia ties are likely to take a hit with New Delhi deciding to put curbs on palm oil imports from the South Asian country, reportedly following Malaysian Prime Minister Mahathir bin Mohamad’s comments criticising the Citizenship Amendment Act.
SMEs in Singapore to focus on productivity in 2020: UOB survey
One of the ways SMEs are planning to achieve their productivity goals is to increase their investments in technology.
RuPay offering cashback offers on international transactions
In line with the push to globalise domestic e-payment services, the National Payments Corporation of India (NPCI) said on Thursday that it has launched global cashback offers for all its RuPay International (Debit/Credit) Card users.
67 per cent of China-made toys tested fail Indian safety standards: Study
A recent Indian study found hazardous heavy metals and other lethal materials used in kids’ toys that were made in China.
