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HSBC outshines peers in India as the pecking order of top MNC banks changes

Finance

08 November, 2024

HSBC outshines peers in India as the pecking order of top MNC banks changes

Foreign banks have been steadily increasing their presence in India to capture a share of the world’s fastest-growing major economy. ......

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Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

General

16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......

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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......

Hyundai India IPO bankers set for big payday with $40-mn fee

Manufacturing

26 June, 2024

Hyundai India IPO bankers set for big payday with $40-mn fee

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......

Former HSBC execs' VentureSoul Capital floats maiden venture debt fund

Finance

17 June, 2024

Former HSBC execs' VentureSoul Capital floats maiden venture debt fund

VentureSoul Capital, a venture debt firm floated by former executives of multinational bank HSBC, Monday said it has launched its ......

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Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

General

04 June, 2024

Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

Ajax Engineering, a concrete equipment maker backed by Kedaara Capital, is considering an initial public offering (IPO) that could raise Rs ......

HSBC hires UBS' Gautam Anand for South Asia private banking role

Finance

28 November, 2023

HSBC hires UBS' Gautam Anand for South Asia private banking role

HSBC Holdings has hired UBS Group banker Gautam Anand as the global coordinator for affluent Indian clients across the Middle ......

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HSBC explores stepping up lending to Indian startups

Finance

15 September, 2023

HSBC explores stepping up lending to Indian startups

HSBC India plans to expand its funding corpus for startups after exhausting 80% of the $250 million earmarked last year, ......

HSBC chases wealthy clients in India with private bank launch

Finance

04 July, 2023

HSBC chases wealthy clients in India with private bank launch

HSBC said on Tuesday it would target business with India's wealthy as it launched its global private banking business in ......

Emerging market investors turn increasingly bullish for Q2: HSBC survey

Finance

23 March, 2023

Emerging market investors turn increasingly bullish for Q2: HSBC survey

Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter, a survey by ......