In the next three years, Singapore-headquartered DBS Bank has plans to open 50 branches in India. DBS Bank wants to benefit from India's new policy for foreign lenders. The Asia-focused bank currently offers wealth management and deposit products in India.
Tag: Singapore
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IOC’s roadshows in S’pore, Hong Kong to sell stake
For the sale of its 10 per cent stake in the country's largest oil firm Indian Oil Corp (IOC), the Union government is holding investor meetings this week in Singapore and Hong Kong. The government has already held roadshows in the US and the UK last week for the purpose.
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The implementation will take some time
India seems to be prepared to take the step into energy efficient technology for waste water treatment, observes Jan Olsen, Director, Aeration Competence Centre (ACC), Siemens (Denmark), talking to Sumantra Das.
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L&T to list 6 road projects on S’pore stock exchange
The Union government has permitted the construction major Larsen and Toubro to form a business trust in Singapore and list of its six toll road projects on the Singapore stock exchange that could raise up to $1 billion. The National Highways Authority of India board has approved the L&TÂ’s plans to set up the trust.
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Govt mulls infrastructure trust fund
The Union government is mulling to set up an infrastructure trust fund by next November. The fund will be on the lines of fiscal funds set up by real estate investment trusts in Singapore and some other countries.
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AAIs best CSR practice
Airports Authority of India (AAI) bagged the '3rd Asia's Best CSR Practice Award' under the category Developing Sustainable Strategies for the year 2013. The award was received by Manoj Kumar, AGM (HR), AAI, in an inspiring event held in Singapore.
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Sometimes, it’s good for India Inc to be India Outbound
Vietnam is the latest entrant in the PPP marketplace, thanks largely to World Bank's guidance. Kamran M Khan, Programme Director at Global Infrastructure Finance Centre of Excellence at World Bank-Singapore Urban Hub,
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Madurai to get S’pore, Dubai flight services next year
In Tamil Nadu, Madurai airport will get international connectivity to Singapore and Dubai, which will possibly materialise by next year and the Union Civil Aviation Ministry is working on the same. This was announced by Union Minister of State for Civil Aviation, KC Venugopal at the inauguration of the Virudhunagar - Manamadurai BG section at Aruppukottai on July 14.
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GMB mulls maritime cluster to boost port infrastructure
AK Rakesh, Vice-Chairman and Chief Executive of Gujarat Maritime Board (GMB) informed that the organisation would develop a maritime cluster on the lines of such centres in Singapore and Dubai. The regulator for all non-major ports and shipping activities in the state also plans to develop two port cities. The maritime cluster approach, an important component of government policy in the US, the UK, Sing
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Building an ambitious global logistics hub
Managing logistics needs an innovative integration of international best practices and equipment, as well as comprehensive knowhow of local regulations, writes Adarsh Hegde.