Economy

The Securities and Exchange Board of India (SEBI) has proposed a new set of framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in order to provide flexibility to the issuers in terms of fund raising and...

Tata Steel has signed an agreement to sell 70% stakes each in its two steel mills in Singapore and Thailand for US$480 million as a strategic to exist non-core markets and focus on fast growing demand in the home market.

Nangia Advisors, a collaborating firm with Andersen Global in India, expands into south with Bengaluru as its 6th office in the country.

Singapore’s Changi Airport is scoring well with growth in passenger traffic to and from India, with 4.76 million passengers handled in 2018, making India its sixth largest market.

Regulator Securities and Exchange Board of India (SEBI) has granted the India International Exchange Ltd (INX) unit Qualifying Central Counterparty (QCCP) status.

India’s High Commissioner to Singapore, Jawed Ashraf, has launched a book written by eminent persons, mostly in Singapore, with strong experience and knowledge of India.

The India Week, held in Singapore 24-27 Jan 2019, has set the pace of increasing exports of Indian origin products to markets of 640 million people in the Association of South East Asian (ASEAN) region.

Singapore, with market size of US$327 billion, had always been an important strategic trading post, giving India trade access to the Far East, said Ganesh Kumar Gupta, President of the Federation of the Indian Export Organizations on 25 Jan 2019.

The Reserve Bank of India (RBI) has approved the appointment of Ravneet Gill as the MD & CEO of YES BANK for a period of 3 years from the date of joining which is expected to be 1 March 2019.

The Government is totally committed to bringing transparency to the system since transparency is key to controlling corruption, said Dr. Jitendra Singh, Minister of State for Prime Minister’s Office.