HDFC Bank slips as D-St takes in lower profitability forecastsAnalysts expect the stock to underperform in the near future, while investors might shift focus to peers such as ICICI Bank and Axis Bank.
Year-End Special: Acquisitions and mergers of mutual funds in 2022Here's a look at the mergers and acquisitions that happened in 2022 and the changes that they brought along with them for the investors.
HSBC downgrades SBI to 'hold' from 'buy' after YES Bank revival planHSBC has reduced target price to Rs 300 from Rs 405 after the announcement of RBI's draft scheme to reconstruct YES Bank.
PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC LifeOriental Bank of Commerce (OBC) currently holds 23% stake in Canara HSBC OBC Life Insurance. Besides, another public sector lender Canara B...
Hindalco a compelling investment case, says HSBCThe management clearly stated its intention not to infuse further capital in Idea.
Post mega bank merger, bancassurance JVs may see a change in ownership structureThe ownership structure of three big insurance companies may change after yesterday's mega bank merger.
Amitabh Malhotra appointed HSBC India Head - Investment BankingIn his role, Amitabh will lead the Investment Banking and Equity Capital Markets (ECM) business, a company release said.
Vodafone-Idea merger to help in early stabilisation of telecom sector: Telecom SecretaryThe industry has been hit by brutal price wars accelerated by the entry of Reliance Jio in September 2016, which have severely dented reven...
HSBC maintains underweight recommendation on RComHSBC said it does not expect any material improvement in the company's credit profile in the near term.
HSBC India investment banking head Sunil Sanghai quitsThe foreign bank has been on a consolidation mode here for the past few years, which has seen a decision to almost halve its retail presenc...
Reliance Jio's push for a 50% revenue market share may hurt Idea, VodafoneHSBC feels much hinges on “on how Idea and Vodafone execute pre-merger, as the overall approvals for the merger may take at least 12-15 mon...
SBI to launch forward-looking index to track economic trendsThe SBI Composite Index will analyse data from both manufacturing and services industries to determine expansion or contraction in the econ...
- CCI approves HSBC proposal to acquire RBS assets in India
CCI has approved the proposal of HSBC to acquire retail and commercial assets of Royal Bank of Scotland and wealth management business of R...
Global banks Citigroup, HSBC, BofA Merrill Lynch and Barclays cutting jobs in India at ruthless paceGlobal banks Citigroup, HSBC, BofA Merrill Lynch are slashing jobs at a time PSU banks such as PNB & Union Bank are estimated to hire over ...
- SHDL shareholders may be left out of Siemens open offer
If the offer size is raised without expanding the equity base, this will lead to an increase in the acquirer's holding beyond 75%, which is...
- HSBC could consider Swiss bank buy
Europe's largest bank HSBC in a position to consider acquisitions in Switzerland since asset prices started falling, the head of its privat...
- HSBC launches Unique Opportunities Fund
Investments on Monday announced the launch of the "HSBC Unique Opportunities Fund" which aims to invest in companies facing "out-of-ordinar...