NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.
Unicommerce IPO GMP Today: Grey market premium indicating listing gains?
The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.
One of World’s youngest billionaires to double fortune on Ola IPO
NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...
Singapore can’t just keep going down same path, PM Wong says
Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...
Venture, FCT, Sats, Sembcorp and ComfortDelGro are stocks to seek ‘shelter’ in from a ‘weak’ August: DBS
An interest rate cut by the US Fed in September is a ‘near certainty’, says PhillipCapital, who is ‘overweight’ on REITs.
GREEN OPPORTUNITIES TO SPUR GROWTH FOR STANDARD CHARTERED
Wearing two hats is no mean feat. As the newly minted chief executive officer for Asean and South Asia for Standard Chartered (StanChart), and its co-head of corporate and investment banking (CIB), ...
Singaporean behind multimillion-dollar wine investment scheme charged with cheating offences
SINGAPORE – A Singaporean behind a multimillion-dollar wine investment scheme left Singapore in 2011, shortly before the police began investigations into the enterprise. Following his return to ...
DBS’ incoming CEO should make light of filling big shoes and grow the next leadership core
DBS has done a good job of smoothly handling the thorny issue of leadership succession. It speaks well of the bank’s succession planning that the group chose an internal candidate who has served in various roles for many years to be its new chief executive officer.
Wealth management fees push Singapore bank’s profits
The increasing strength of the wealth management space in Singapore is helping the country’s banks grow their profits, while other areas of banking are slowing ...
DBS’s Piyush Gupta: The sage of Singapore heads for the exit
When Piyush Gupta was named chief executive of DBS in 2009, the Singapore lender was going nowhere in particular. He gave it drive and direction, buying assets around Asia and transforming it into the world’s best bank.
DBS shares fall 1.56% today, down 10% month-to-date, ahead of 1HFY2024 results
DBS will release its 1HFY2024 earnings during the midday break on Aug 7, and not after trading hours as previously announced.
Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’
There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals. Fintech deal activity in Singapore rose but the total value of investments fell during the first six months of 2024 ...
Singapore seeks solutions to boost stock market
The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.
Man charged with misappropriating S$12 million from wine investment scheme
SINGAPORE: A man who was behind a multi-million dollar wine investment scheme was on Thursday (Aug 8) charged for cheating and related offences. Eldric Ko, the former CEO of Premium Liquid Assets ...
Singaporean behind multi-million dollar wine investment scheme charged
SINGAPORE - A Singaporean behind a multi-million dollar wine investment scheme left Singapore in 2011 shortly before the police began investigations into the enterprise. Following his return to ...
Who is Tan Su Shan, Singapore bank DBS’s incoming CEO?
Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.