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Grapevine: Stake sale of Hero Future likely; China's Fosun ends healthcare deal talks

General

15 July, 2020

Grapevine: Stake sale of Hero Future likely; China's Fosun ends healthcare deal talks

Hero Future Energies Pvt. Ltd, which produces solar and wind energy, is exploring an opportunity to sell a stake and ......

Premium
Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

HSBC revives plan to cut 35,000 jobs after pandemic pause

Finance

17 June, 2020

HSBC revives plan to cut 35,000 jobs after pandemic pause

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's ......

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Infrastructure

13 May, 2020

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Warehouse developer IndoSpace Core has raised Rs 1,000 crore (around $132.7 million) in the form of a debt facility from ......

HSBC cuts top investment bank jobs despite wider firing freeze

Finance

21 April, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

Sensex, Nifty go down as coronavirus fallout dents risk appetite

Markets

18 February, 2020

Sensex, Nifty go down as coronavirus fallout dents risk appetite

Indian shares fell on Tuesday, tracking losses in global peers after technology giant Apple and lender HSBC flagged business impact ......

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

Finance

18 February, 2020

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and ......

HSBC names new heads of investment banking division

Finance

09 December, 2019

HSBC names new heads of investment banking division

HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the ......

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......