Singapore Financial News

Subscribe to enjoy similar stories. IndiGo, the largest airline in India by market share, has appointed veteran of loyalty programmes Nik Laming to lead its frequent-flyer business, as the airline seeks to shift from its low-cost roots to defend its market share against feisty Air India. Laming, a Singapore-based consultant with over 30 years of experience, joins at a critical time.

Subscribe to enjoy similar stories. BRND.ME, a roll-up commerce company, expects to complete its reverse flip (change of headquarters) from Singapore to India by March, clearing a key regulatory hurdle as it prepares to tap Indian public markets with an IPO. Despite the rise of private labels from quick-commerce giants such as Swiggy Instamart and Zepto, CEO Ananth Narayanan remains confident.

Subscribe to enjoy similar stories. NEW DELHI : In 2024, Indrani Sen, a Mumbai-based food blogger, was distressed by the growing distance with her then 16-year-old daughter. The digital-savvy 47-year-old found the solution in Pengu—a mobile app she installed on both their phones that let them raise an artificial intelligence (AI) pet penguin together.

Subscribe to enjoy similar stories. Ever wonder why Germans seek perfection, Japanese pursue miniaturization and waste reduction, Americans are fussy about services and Indians settle for improvisation and what’s good enough? Is it something to do with where you reside? With pervasive technologies, affordable means of communication, maturing labour and capital markets and instant information dissemination, one may think that geography has become history, that who you are trumps where you are. But is it that simple? Or is geography destiny? “Who we are cannot be separated from where we’re from," notes writer Malcolm Gladwell.

Subscribe to enjoy similar stories. Kalyan Jewellers has had a rough start to 2026, with the stock sliding 17.5% this calendar year, lagging peers. On Wednesday, Kalyan Jewellers’ stock slid to its 52-week low of ₹390, plunging 12% and remaining deep in the red, while peers are up 0.4-4.5%.

Subscribe to enjoy similar stories. Reliance Industries Ltd’s (RIL) December quarter (Q3FY26) results are muted. Consolidated net profit attributable to owners remained flat year-on-year to ₹18,645 crore; while Ebitda inched up by 5% to ₹46,018 crore.

Subscribe to enjoy similar stories. SINGAPORE—One potential beneficiary of the tug of war over the Federal Reserve’s independence: China. The criminal investigation into Fed Chair Jerome Powell is being viewed globally as an effort by the Trump administration to wrest control of monetary policy from the central bank.

Subscribe to enjoy similar stories. The Supreme Court judgement in the case of Tiger Global’s tax liability has, contrary to expectations, gone against the assessee and in favour of India’s revenue authorities. The brief facts are as follows.

Subscribe to enjoy similar stories. A Karnataka high court order on 13 January has effectively “locked" a block of Aakash Educational Services Ltd's (AESL) shares allegedly linked to Byju Raveendran, creating fresh compliance and legal questions around the coaching firm’s recently concluded rights issue.

Subscribe to enjoy similar stories. SINGAPORE—After a year of gung-ho news about China’s gains in artificial intelligence, some elite Chinese AI researchers are coming to a more pessimistic conclusion. The country’s chances of catching up to the U.S.

Subscribe to enjoy similar stories. This year’s Henley Passport Index is out and India has some reason to cheer. The country’s passport now ranks 80th on this annual chart published by Henley & Partners, a London-based global citizenship and advisory firm, up from its 85th rank in 2025.

₹3,500–4,000 crore with existing investor Lighthouse Funds and the promoters set to offload a total of about 60% of their holding,” one of the people cited above said. A second person confirmed the details, adding that this will largely be a secondary transaction.This assumes significance as fast-growing, consumer-facing healthcare companies are attracting strong investor interest, backed by rising insurance penetration, improving affordability and a widening patient base in India’s medical devices sector.In August, Mint first reported that the company had reopened talks and appointed O3 Capital to help with the mandate after discussions with Temasek for a significant minority stake were put on hold in 2024.Tynor’s founder Pushvinder Jit Singh, Lighthouse Funds, Kedaara and O3 Capital did not respond to emails sent on Tuesday.In 2024, Mint had exclusively reported that Singapore-based Temasek was the front-runner to acquire a significant minority stake in the company, outpacing other global private equity firms such as Warburg Pincus and Norwest Venture Partners.The new development comes nearly eight years after Tynor raised $21 million at a post-money valuation of $103.3 million from investors including Lighthouse, Thuasne and Vihome B.V.

Grok operates within a global ecosystem. Compliance requires localization for Indian regulations without disrupting global operations.AI-generated content can deliver benefits, such as simulations for factories or product design, but in the wrong hands, it raises serious concerns. Addressing misuse, therefore, requires a combination of technical, organizational, and regulatory guardrails, not a single fix.More powerful AI models are likely to amplify risks.

Since stepping into the role of Flipkart's chief product and technology officer (CTPO) in September, Balaji Thiagarajan has been overseeing OneTech and the internal organization of engineers, product managers and tech specialists who collaborate to solve infrastructure challenges, build features and test them at scale.In an interview with Mint, he explains how this unified stack is modernizing Flipkart’s architecture for an initial public offering (IPO) readiness, quick commerce expansion via Flipkart Minutes, trust features such as fraud detection, warehouse automation, and fintech growth as the Walmart-owned firm shifts domicile to India for a potential listing.The Walmart-owned firm got the National Company Law Tribunal's nod this month to shift domicile from Singapore to India ahead of a potential 2026 listing. It follows Flipkart’s $1 billion funding round in May 2024, led by Google that valued it at $35-36 billion.

Subscribe to enjoy similar stories. NEW DELHI : New Delhi: Inox Clean Energy Ltd has signed an agreement to acquire Macquarie Group’s renewable energy platform Vibrant Energy, in a transaction valued at an enterprise value of $600 million and an equity value of $200 million, according to two people aware of the development. The deal was announced by Inox Clean, a part of the INOXGFL Group, on Sunday.

Subscribe to enjoy similar stories. Walmart-controlled Flipkart received a key approval to shift its domicile back to India, a prerequisite for a local listing, in a move that reflects a shift in India-US economic ties amid prolonged bilateral trade negotiations. The National Company Law Tribunal (NCLT) approved the re-domiciling scheme on Friday, according to an order reviewed by Mint.

Subscribe to enjoy similar stories. When global rating agencies revised their sovereign debt ratings for France and Portugal earlier this year, aligning them with those of Care Ratings, they “vindicated" the stance of the Indian rating agency that launched its fledgling sovereign rating business just over a year ago, a top official at Care Ratings said.

Subscribe to enjoy similar stories. BENGALURU : The participation of Beeaar Investco Pte. Ltd, a little-known Singapore vehicle wholly owned by Byju Raveendran, may have exposed test-prep institution Aakash Educational Services Ltd’s ₹250‑crore rights issue to potential legal challenges.

Subscribe to enjoy similar stories. NEW DELHI: Two homegrown firms, including a Tata Group company, along with a US chip design major, have bagged a ₹4,500 crore project to enable India’s sole semiconductor fabrication plant, Semi-Conductor Laboratory (SCL) in Mohali, to make more modern industrial chips used in critical sectors like power and energy. On Thursday, Tata Semiconductor Manufacturing Pvt.

Subscribe to enjoy similar stories. ANIRUDH SHARMA was a computer-science undergraduate with no training in aerospace when he co-founded Digantara, which gathers intelligence on satellite movements, in 2020. Today it employs 150 people in India, Singapore and America and is valued at more than $65m.

Subscribe to enjoy similar stories. Non-Resident Indians (NRIs) have long looked to India’s mutual funds for wealth creation — but taxation on capital gains remained a grey area. Recent rulings by the Income Tax Appellate Tribunal (ITAT) have now brought meaningful clarity: NRIs in countries with favourable Double Taxation Avoidance Agreements (DTAAs) may be taxed only in their country of residence, not in India.