Corporate

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)...

#IndiaNews

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...

#BusinessNews

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.

#Global citizen india

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...

#UKNews

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...

#Global citizen india

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...

#TechNews

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...

#India

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...

#BusinessNews

Microsoft, Google on opposite sides of debate over EU proposal to temporarily ban facial-recognition tech

Microsoft and Google came down on opposite sides of the European Union proposal to temporarily ban facial-recognition technology.

#TechNews

India, UK attracted record tech investments in 2019: Report

India attracted tech investments worth USD 9.36 billion in 2019, a 95 per cent increase compared with the previous year, according to data...

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...

#BusinessNews

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...

#BusinessNews

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.

#India

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...

#BusinessNews

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.

#India

Singtel, Grab team up for digital bank licence in Singapore

Singapore-headquartered Grab Holdings is partnering local telecommunications company Singtel to form a consortium to apply for a digital...

Singapore-based Vertex Growth Fund leads Series E funding in Indian company Licious

The funds raised will reportedly be used towards expanding Licious’ presence across the country.

#BusinessNews

Maybank Kim Eng cuts 5 per cent of Singapore manpower

Maybank Kim Eng has reduced 5 per cent of its manpower in Singapore amid stiff competition from fintech firms, according to news reports.

#BusinessNews

Airtel stakeholder Bharti Telecom seeking nod for Singtel investment: Sources

Bharti Airtel promoter Bharti Telecom has sought the Indian government’s permission to allow an SGD 937.03 million (INR 4,900 crore)...

#BusinessNews

Tookitaki appoints Subhas Samanta as V-P of Research & Engineering

Singapore-based financial regulator startup Tookitaki has hired Subhas Samanta, ex-Director of LinkedIn, as their new Vice-President of...

#BusinessNews

Google's Sundar Pichai appointed CEO at parent firm Alphabet

According to media reports, Google's Sundar Pichai will be taking over the role of Chief Executive Officer (CEO) at parent firm Alphabet...

#GlobalNews

Dyson's new global HQ is at the historic St James Power Station in Singapore

British technology company Dyson will be shifting its global headquarters to Singapore in 2021, the company said on Thursday, November 28.

#BusinessNews

Catapulting moneylending into the cyber age: LendFoundry CEO Sandeep Phophaliya

Money-lending is one of the cornerstones of the global economy, with the concept almost as old as currency itself.

Spotlight - @work @work

Singapore startup Tookitaki announces SGD 26.2 mn Series A funding round

Singapore-based anti-money-laundering startup Tookitaki announced on Monday that it has raised an additional USD 11.7 million in funding...

#BusinessNews

Office-sharing firm WeWork lays off 2,400 employees worldwide

The layoff affects roughly a fifth of WeWork's workforce, as the company struggles to reorganise amid mounting losses.

#BusinessNews

EU-Singapore free trade agreement kicks off

Companies based in Singapore will get to enjoy greater market access into the EU.

#BusinessNews

New Creation Church's business arm to acquire The Star Vista from Capitaland

CapitaLand is selling The Star Vista for SGD 296 million to Rock Productions, the business arm of New Creation Church.

#Singapore

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...

#BusinessNews

NIUM launches digital cross-border payments in Indonesia

NIUM’s digital money transfer service will enable consumers and enterprises in Indonesia to send money to over sixty destinations...

#BusinessNews
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  • International Money Order
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