India

Image source: Reuters

Callers for dollars: Inside India's scam call centres

MUMBAI (Nov 30): In late September, a woman in National City, California, received a voice message on her phone saying she was in trouble with the Internal Revenue Service (IRS) over "tax evasion or tax fraud".
Rupees

Currencies

How India's cash chaos is shaking everyone from families to banks

MUMBAI (Nov 22): Serpentine queues spilling from banks. Parents worried that they can’t provide for their families. Prime Minister Narendra Modi appealing to Indians to bear the pain for just a little while longer.
Donald Trump

Trump team promises to address ethics concerns on businesses

WASHINGTON (Nov 21): President-elect Donald Trump will work to ensure there is "proper separation" between his business empire and his job as president of the United States, Vice President-elect Mike Pence said on Sunday, amid fresh concerns about

Broker's Calls

Sembcorp’s utilities division is its saving grace

SINGAPORE (Oct 31): Despite a poor showing by its marine division, Sembcorp Industries remains attractive with RHB, DBS and OCBC maintaining a “buy” call with target prices of $3.40, $2.90 and $3.07 respectively.

Broker's Calls

Sembcorp’s 3Q results leave analysts unmoved

SINGAPORE (Oct 28): Sembcorp Industries’ 3Q16 results have left analysts with unchanged views, with CIMB and Maybank holding on to their “hold” calls with target prices of $2.66 and $2.40 respectively, while UOB maintain a “buy” call with a targ

High time for countries to start investing in infrastructure again

SINGAPORE (Oct 24): Public investment in infrastructure has fallen significantly as a proportion of total gross domestic product in both advanced and emerging economies. And that’s not a good thing for the global economy and the living standards of many
Amit Jain

Uber aims to unseat Ola in US$10 bil India ride-hailing market

BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-

Broker's Calls

Sembcorp's expanded but undervalued utilities business an attraction

SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.

Digital finance next growth driver for emerging economies

SINGAPORE (Sept 22): Digital finance — or the delivery of financial services through mobile phones, internet, or cards with a link to a digital payment system – could be the solution for individuals and businesses that lack access to savings and credi

Funds

Less China, more India make Singapore hedge funds Asia’s best

SINGAPORE (Sept 21): Singapore-based hedge funds outperformed Asian rivals during the first seven months of the year thanks to a greater focus on India and global markets, according to data provider Eurekahedge.
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