India
The hiring push would double UBS’s workforce in Hyderabad.
1
Singapore launches AI initiatives to accelerate enterprise adoption
2
Singapore to roll out second tranche of $1.2-billion Anchor Fund
3
V-Key secures strategic majority investment from Tower Capital Asia
4
Nuveen to buy UK's Schroders for $13.5b as founding family sells out
5
India: W Health Ventures raises $61m in initial close of Fund II
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Singapore
Subramanian will expand ICG’s presence in the region, driving growth of its flexible capital strategy.
Yi-Wei Ang will lead digital transformation at PropertyGuru.
Piyush Gupta will be appointed as non-executive chairman.
Indonesia
Traveloka said the layoffs were limited to selected areas of the business.
SMBC acquired a 24% stake in the Mumbai-based lender last year.
MD Ashish Agrawal and investors Ishaan Mittal and Tejeshwi Sharma have exited the firm.
The unicorn’s ex-chief will be charged with alleged “falsification of accounts and forgery”.
The SoftBank-backed firm last cut jobs in March last year.
The index dropped over 8% on Wed and Thu, its steepest two-day decline since Apr.
