The SMU-TCS iCity Lab Tata Consultancy Services (TCS) set up with SMU for smart solutions for intelligent Asian cities was quoted as an example of how more Indian companies are raising global money, setting up headquarters and holding companies, resolving disputes and using Singapore as an outpost to manage global operations.

TCS pumped $6 million into the joint initiative.

Related: Global tech giants gear up for Digital India road map

Business Standard (Nov 17) 
Business Standard Nov 17)