AviationFeaturedGoAir urges employees to go on indefinite leave without payInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 GoAir will continue to pay a small section of employees on payroll to resume operations after the lockdown is lifted... Read more
FeaturedLogisticsLogistics startup FarEye raises $25 mn in Microsoft-led fundingInternational Finance Business DeskApril 15, 2020April 15, 2020 by International Finance Business DeskApril 15, 2020April 15, 2020 FarEye is capitalising on AI to increase the level of digitisation in its logistics capabilities... Read more
FeaturedTechnologyDrone specialist Aerodyne receives funding to expand in SE AsiaPritam BordoloiFebruary 6, 2020 by Pritam BordoloiFebruary 6, 2020 The Malaysia based company raises funds from North Summit Capital, Arc Ventures and Leave a Nest... Read more
AviationFeaturedSingapore Airlines to buy Boeing jets to stay competitive in IndiaPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The carrier competes with the likes of Etihad and Emirates in India through its JV Vistara... Read more
FeaturedFinanceWestern Union, Bharti Airtel to launch cross-border payment in AfricaBharath KumarJanuary 23, 2020March 18, 2020 by Bharath KumarJanuary 23, 2020March 18, 2020 The real-time cross-border payment service will drive financial inclusion across the continent... Read more
FeaturedWealth managementSingapore wealthtech Kristal.AI secures funding for expansionPritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The firm will expand its business in Asia as well as the Middle East after securing $6 mn... Read more
ExclusiveFintechPayU to build full-stack digital lending platform in IndiaBharath KumarJanuary 15, 2020January 16, 2020 by Bharath KumarJanuary 15, 2020January 16, 2020 The parent company will merge LazyPay and PaySense to ensure quick credit for the underserved market in the country... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
FinanceAlibaba’s Ant Financial to raise $1 bn to invest in SE AsiaPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 The fund will invest in payments and fintech startups in Southeast Asia and India... Read more
Oil & GasAdnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more