Business
NRIs can acquire 100% stake in Air India under new government norms
Indian Union Minister of Heavy Industries and Public Enterprises Prakash Javadekar announced on Wednesday that Non-resident Indians (NRIs)...
LuLu Group chairman MA Yusuff Ali becomes first Indian to receive Saudi Arabia Green Card
The Indian businessman was ranked the richest expat in the UAE by Forbes magazine last year.
Livspace targets Singapore’s USD 5 billion interiors market
In this @Work interview with Connected to India, Ravindran Shanmugam, Country Head of Livspace, Singapore, gives a peek into his personal...
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...
Ajay Banga set to go from Mastercard CEO to chairman from 2021
Mastercard CEO Ajay Banga will leave his position next year and take over as executive chairman, the company announced.
Singapore announces support measures for tourism sector impacted by COVID-19
Singapore Tourism Board (SBT) will be providing tourism companies with more support to upgrade the capabilities of their workers.
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...
DBS reports record SGD 6.39 billion profits for 2019
DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.
Companies in UK owned by Indian diaspora paid GBP 1 bn in taxes: Report
The report, produced by Grant Thornton UK jointly with the Indian High Commission in London and the Federation of Indian Chambers of...
Foreign tourism to India on the downturn in recent years: Economic Survey
The Indian Finance Ministry’s Economic Survey 2020 found that foreign tourist arrivals decelerated to 5.2 per cent in 2018 and 2.7 per...
WeWork appoints Indian-origin real estate veteran Sandeep Mathrani as CEO
Office space provider WeWork on Sunday announced that Indian-origin executive Sandeep Mathrani will join the Company as Chief Executive...
Indian-origin Arvind Krishna to be new IBM CEO
Indian-origin executive Arvind Krishna, 57, is set to take charge of International Business Machines Corp (IBM) from April after its Chief...
UK court orders sale of Vijay Mallya’s yacht to repay debt
A United Kingdom court on Monday ordered that a Force India yacht linked to former liquor baron Vijay Mallya be sold and its proceeds...
Indian government offers 100% stake in Air India for sale; sets March 17 deadline for bids
The Indian government on Monday set March 17 as the new deadline for submitting expressions of interest in acquiring a 100 per cent stake in...
Pine Labs becomes first Indian unicorn of 2020 with Mastercard deal
Pine Labs, a point-of-sale and merchant commerce solution provider incorporated in Singapore, has become the first unicorn of 2020 from...
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...
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...
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...
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...
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...
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...
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.
Indian-origin UK MP Rishi Sunak to get new ‘economic super-ministry’ portfolio: Sources
Indian-origin Deputy Finance Minister in the United Kingdom Rishi Sunak has been tipped by Conservative Party insiders to helm a new...