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HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

People

29 August, 2017

HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

Former KPMG India top executive Dinesh Kanabar and HSBC Holdings Plc’s India investment banking head Sunil Sanghai have joined hands ......

Around half of the foreign bank a/cs linked to black money have zero balance: SIT

General

06 November, 2014

Around half of the foreign bank a/cs linked to black money have zero balance: SIT

The Special Investigation Team (SIT) on blackmoney has found that less than half of the HSBC bank list of over ......

Services sector expanded for the first time in a year last month

TMT

04 June, 2014

Services sector expanded for the first time in a year last month

India’s services sector expanded for the first time in nearly a year during May on a rebound in new business ......

Manufacturing activity perks up

Manufacturing

03 February, 2014

Manufacturing activity perks up

Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as ......

Services downturn worsens in December but hiring perks up

TMT

06 January, 2014

Services downturn worsens in December but hiring perks up

Activity in India's services sector shrank at a faster pace last month as new orders dwindled, but firms hired at ......

Services PMI Slips To 5-month Low Of 52.3

TMT

12 December, 2013

Services PMI Slips To 5-month Low Of 52.3

Growth in the Indian services sector slipped to a five-month low in March as optimism about the business outlook in ......

RBI allows expanded foreign bank presence in new rules

General

07 November, 2013

RBI allows expanded foreign bank presence in new rules

The Reserve Bank of India (RBI) said it will treat foreign banks operating in the country on nearly equal terms ......

Services slump eases, but growth remains elusive: PMI

TMT

05 November, 2013

Services slump eases, but growth remains elusive: PMI

Indian services firms recovered slightly last month from the worst slump in over four years in September but activity still ......

HSBC to exit India retail broking; 300 jobs to be cut

General

17 October, 2013

HSBC to exit India retail broking; 300 jobs to be cut

London-based HSBC said on Thursday it will exit its retail broking business in India, the latest global bank to scale ......

Service companies suffer worst slump in over 4 years

TMT

04 October, 2013

Service companies suffer worst slump in over 4 years

Activity at Indian services companies shrank at the fastest pace in more than four years last month, suggesting the slowdown ......