India’s far-south port of Tuticorin has started a direct container service to Singapore and countries on the eastern sea lanes, significantly cutting down transhipment time and tariff overheads for the importers and exporters on both sides.
Tag: Business
Indian Americans top best boss list: Microsoft CEO Satya Nadella 1st, Google’s Sundar Pichai 3rd
It seems that Indian Americans are the best bosses, according to a corporate employee survey. As the year comes to an end, Microsoft’s Indian-origin chief executive officer Satya Nadella has been crowned as the best CEO of a large company in the world in 2018.
India ties up with Singapore Corporation, Temasek for water recycle, reuse
India’s official policy think-tank Niti Aayog and ministry of drinking water has entered into partnership with Singapore Corporation Enterprise and Temasek Foundation to use island nation’s expertise in recycle and re-use of water.
Five quick and easy ways to remit money back to India
It is right in the midst of Diwali season, and money transfers back to India are in full flow. With the large Indian population in Singapore and the amount of trade between the two countries, you will find a number of providers and methods available when you need to make a money transfer.
Singapore-based real estate portal PropertyGuru raises SGD200 million funding from KKR
For expanding its services, Singapore-based real estate portal PropertyGuru has secured an investment of SGD200 million from private equity firm KKR and Co.
Modi urges US firms to invest in start ups, energy, digital
Noting the “unprecedented” gains to the US and India through escalating economic engagements, Indian Prime Minister Narendra Modi has asked American companies to invest in startups, energy, health and digital technology.
Gemalto CEO apologises for misleading report on Aadhaar data breach
Days after claiming a whopping data breach in the Aadhaar project of the Government of India, security solutions giant Gemalto today apologised for raising a false alarm, triggering waves of anger in the digital word. Gemalto CEO Philippe Vallee. Photo courtesy: Roursorama/Twitter In a half-page advertisement released in a prominent English daily, Gemalto CEO Philippe Vallee personally offered "sincerest apologies on grave error" in announcing a […]
India, UAE collaboration on Blockchain, Artificial Intelligence to generate USD20bn in benefits
Even as experts debate the application of Blockchain, Artificial Intelligence in governance and their potential exploitation, India and UAE have taken a bold step by entering into partnership in these areas which looks to generate an estimated USD20 billion as economic benefits in the next decade.
OPIC commits USD125mn to mid-size Indian companies in health, energy, tech, agriculture, services
Shortly after financing Grameen Impact with USD5mn for lending small and medium enterprises, the US funding arm OPIC has committed USD125 mn to support growth capital to mid-size Indian firms in the healthcare, energy, technology, agriculture, and service sectors.
Indian govt thinking of dollar deposit scheme for NRIs to halt Rupee’s fall
Trying to arrest the continued slide of the Indian rupee, the nation’s government is reportedly considering a dollar deposit scheme for non-resident Indians (NRIs) to increase dollar inflows.
