HSBC
General
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 ......
TMT
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
Manufacturing activity perks up
Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as ......
TMT
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 ......
TMT
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 ......
General
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 ......
TMT
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 ......
General
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 ......
TMT
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 ......
General
Factory slump eases in September, orders still shrinking
Factory activity in India shrank for a second month in September, albeit not as sharply as in August, on a ......
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