BHIM UPI goes international; QR code-based payments demonstrated at Singapore FinTech Festival
This QR code-based system would allow anyone with a BHIM app to scan the SGQR at NETS terminals for payments in Singapore.
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin; to scrap global equities business
Deutsche Bank had some 4,700 staff in Sydney, Tokyo, Hong Kong and Singapore, showed factsheets on its website.
Byju's buys US-based playful learning system Osmo for $120 mn, aims to expand tech-enabled personalised learning
This new acquisition will bolster Byju's to innovate, explore and set new benchmarks for tech-enabled personalised learning solutions.
After record FDI in 2018, retail sector gears up for more mergers and acquisitions in new year
With the lines getting blurred between organised brick-and-mortar model and new-age online platforms, the retail sector is ending the year 2018 with a record level of FDI and is gearing up for more mergers and acquisitions, partnerships and other deals in the new year
Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies
Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others
Twitter unearths Beyoncé's Ivy Park articles on how they paid labourers 64 cents an hour in factories
Beyoncé's Ivy Park label was launched in collaboration with the British fast fashion company Topshop
Aion Investments, JSW Steel to pay Rs 2,892 crore to pick 74.3% stake in Monnet Ispat
The bankrupt Monnet Ispat owes over Rs 11,000 crore to a clutch of lenders.
Tata Steel Europe-Thyssenkrupp merger to cut costs, consolidate European steel sector: Moody's
While the Tata-Thyssenkrupp deal is potentially capable of delivering the largest synergies to the tune of 400-600 million euros initially, ArcelorMittal is aiming to make over 300 million euros from the Ilva deal
Singapore advises public to act with extreme caution while investing in cryptocurrencies
Global bitcoin prices have soared around 20-fold this year, with the cryptocurrency trading above $18,000 on Tuesday.
Singapore to test blockchain technology for interbank transactions
The effort is supported by the R3 blockchain research lab and BCS Information Systems.
Singapore's central bank says banks should maintain high level of IT security
Singapore's central bank has said banks should maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT financial messaging system.
Malaysia Airlines asked to enter defence in missing plane case
Malaysia Airlines and four others were on Monday ordered to submit their statement of defence over the suit filed by two children of a passenger aboard the missing flight MH370.
Deal stream: Six deals worth Rs 27,153 crore closed in just seven days
The deal makers are expecting more such "frenzied" weeks and months ahead with domestic deals overshadowing both outbound and inbound deals due to the rising market sentiment.<br />
Explained: HDFC Bank merger with HDFC does not make great economic sense
Some of the hurdles for merging HDFC and its bank are gone with the relief given from CRR and SLR requirements. But an immediate merger wouldn't deliver benefits beyond size and valuations
Ranbaxy deal: Not quite made in heaven for Sun, but a path out of hell for Daiichi
The Sun deal to buy Ranbaxy is a distress sale for its current owner Daiichi Sankyo. It wanted out as it couldn't handle its Indian acquisition well
Refarming: Telecom consolidation just got more expensive
Any telecom company buying another will have to pay a market-determined price for the spectrum owned by the latter.
Bhushan PIL in SC calls for cancelling Cairn-Vedanta deal
The indefatigable Prashant Bhushan has filed yet another PIL to cancel the Cairn-Vedanta deal
Jet Lite, Jet Konnect to merge by May: official
The company, which posted a loss of Rs 101 crore in the quarter ending December, says higher fuel prices and depreciating rupee would continue to be concerns.
Alignment Vs. Fusion Of IT And Business
Alignment of IT with business is a thing of the past, believes Srinivas Kishan, VP, Enterprise Information Systems, Mahindra Satyam. The future is about their fusion. He highlights the fundamental difference between alignment and fusion. He also delves up