HSBC

HSBC planning to cut 10,000 more posts: Financial Times

HSBC planning to cut 10,000 more posts: Financial Times

The latest cuts mostly in high-paid roles are part of a fresh cost-cutting drive by new boss Noel Quinn as the banking titan struggles to...Read More

HSBC lays off 150 workers from back offices in India

HSBC lays off 150 workers from back offices in India

British lender HSBC has laid off 150 employees supporting global operations from back offices in India as part of a global move of "reali...Read More

HSBC Bank CEO John Flint steps down, pre-tax profit up 15.8%

HSBC Bank CEO John Flint steps down, pre-tax profit up 15.8%

Hong Kong: HSBC on Monday announced its Group Chief Executive John Flint had stepped down after less than two years on the job, as the ba...Read More

HSBC makes first overseas blockchain payment for RIL

HSBC makes first overseas blockchain payment for RIL

Mumbai: In a first for India, British banking major HSBC has executed a trade finance transaction involving an export by Reliance Industr...Read More

HSBC appoints Surendra Rosha as India CEO

HSBC appoints Surendra Rosha as India CEO

New Delhi: The Hong Kong and Shanghai Banking Corporation (HSBC) today announced the appointment of Surendra Rosha as Chief Executive Off...Read More

RBI may hike rates further to check inflation: HSBC

RBI may hike rates further to check inflation: HSBC

New Delhi: The Reserve Bank of India is expected to push key policy rates higher again in order to keep inflation in check, says an HSBC ...Read More

India is likely to be third largest economy by 2028: HSBC report

India is likely to be third largest economy by 2028: HSBC report

Mumbai: India is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent...Read More

HSBC sees India’s April-June quarter GDP growth at 6 per cent

HSBC sees India’s April-June quarter GDP growth at 6 per cent

New Delhi: India’s economic growth is likely to remain “soft” and the GDP is expected to grow by 6 per cent in April-June, down from 6.1 ...Read More

I-T department detects Rs 19,000 cr black money after probing into global leaks

I-T department detects Rs 19,000 cr black money after probing into global leaks

New Delhi: The Income Tax department has detected over Rs 19,000 crore in black money following investigations into global leaks includin...Read More

HSBC being probed for abetting tax evasion in India, elsewhere

HSBC being probed for abetting tax evasion in India, elsewhere

In 2015, HSBC companies received notices by the Indian tax authority alleging that it had sufficient evidence to initiate prosecution aga...Read More

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HSBC, UBS stop issuing P-Notes as India steps up crackdown

New Delhi : A number of foreign investors,  including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enfo...Read More

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Tax rationalisation, digitisation are key areas for Budget, says HSBC report

New Delhi : Among the key expectations from the ensuing Budget are a new fiscal policy framework, corporate tax rationalisation, higher r...Read More

SBI raises $500 m from overseas bond sale, prices at 3.3 per cent

SBI raises $500 m from overseas bond sale, prices at 3.3 per cent

Mumbai : State Bank of India on Tuesday raised $500 million through an international bond sale of five- year bonds at coupon of 3.306 per...Read More

‘RBI may cut rate by 0.25% as inflation target within reach’

‘RBI may cut rate by 0.25% as inflation target within reach’

New Delhi: Reserve Bank is likely to go for a 25 bps rate cut this fiscal as it is all set to easily achieve the inflation target in view...Read More

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HSBC sees inflation below RBI’s 2017 target, room for rate cut

New Delhi :  Inflation is likely to remain below the Reserve Bank’s early 2017 target of 5 per cent for the next 12 months, opening up sp...Read More

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Public investments up 21% in FY16; pvt sector sees contraction

New Delhi : Public investments in India rose 21 per cent last fiscal while private sector funding, which forms 75 per cent of overall inv...Read More

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HSBC ‘overweight’ on India, 2016-end Sensex target at 28,500

New Delhi: Global brokerage firm HSBC today upgraded India to the ‘overweight’ status, citing improving domestic indicators and more real...Read More

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UK banks set for all-night vigil

London:  The financial markets in the UK are bracing for a feared “freeze” in the event of ‘Brexit’ or Britain’s exit from the 28-nation ...Read More

India obvious candidate to drive global growth: HSBC

India obvious candidate to drive global growth: HSBC

Mumbai: India is the “obvious candidate” to push global growth amid a lingering slowdown but it will need sustained GDP expansion to reac...Read More

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Swiss name Lalit Modi, wife among those facing tax probe

Berne : Switzerland on Tuesday named Lalit Modi and his wife Minal among those about whom information and assistance have been sought fro...Read More

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