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Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...- Consumer firms to create nearly 5,000 jobs in 2 years as India outshines global marketsLeading consumer companies are injecting significant investment into India, creating nearly 5,000 new jobs over the next two years. This ex...
- Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salaryA Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Cit...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
- HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
- Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
- Why an increasing number of Indian investors are turning to foreign marketsIndian investors are increasingly looking beyond domestic markets for diversification and better returns. Seeking exposure to global innova...
- No AI, poor returns drive Dalal Street investors to foreign marketsIndian investors are increasingly shifting money overseas in search of diversification amid weaker domestic market returns, persistent fore...
- 'Ek Chamaat Maarenge, Bihar Pahunch Jaogi': HSBC Hyderabad employee alleges workplace harassments, LinkdIn post goes viralHSBC Toxic workplace (Google Trends): HSBC employee Nitika Kumari's LinkedIn post about workplace toxicity has gone viral. She detailed inc...
- HSBC's India headcount rises by 4,000 despite global dropWith the banking sector going through tough times, HSBC also saw its worldwide profit drop sharply in 2016, but India is among a few market...
- Special service at HSBC may help some Swiss bank account holders to escape penalty by tax officeHSBC employees served as directors on the boards of these investment companies while the shares of the companies were held, on behalf of th...
- Black money probe: HSBC India staff to forego a part of bonus & hikes to pay for parent’s shadowy practicesThe employees will be intimated about the quantum of bonus and hikes over the weekend when the pay review notes are finalised.
- HSBC's India headcount dips for 4th straight year in 2012HSBC saw its headcount in India decline by 2,000 persons in 2012, recording the fourth consecutive year of decreasing employee strength in ...
- Panel to ask govt to disclose names of 700 Swiss HSBC account holdersThe standing committee on finance’s meeting on Friday will ask the government to disclose the names of 700 Swiss HSBC account holders that ...
- HSBC employee arrested for duping foreign customerA call centre employee of a private bank was arrested in Vishakapatnam on charges of withdrawing Rs 47 lakh from the account of a foreigner...
- HSBC India asks Investsmart staff to ‘look out for jobs’In an yet another incident of job cuts, HSBC India has laid off employees in the merchant banking and institutional business divisions of I...
- HSBC employee jailed for trying to defraud bankAn NRI bank clerk was sentenced to 9 yrs in prison for trying to defraud his employer HSBC with a sum of about 72 million pounds (USD 141 m...
- Hide & seek: BPOs keep police out of staff issuesBusiness process outsourcing (BPO) firms don’t seem to be taking the issue of data theft and security seriously enough.
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