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HSBC RESTRUCTURING STRATEGY
Hot stocks: Brokerages on GSPL, Bajaj Finance, Azad Engineering, Honasa Consumer and Federal BankHSBC has reiterated its buy rating on Honasa Consumer's Mamaearth, raising the target price to Rs 570 from Rs 550. Honasa is expected to ac...04 Sep, 2024, 03.02 PM IST- Tech Mahindra shares zoom 10% as strong FY27 vision overshadows weak Q4 numbersTech Mahindra's shares surge despite profit drop, backed by new CEO's growth strategy. Analysts cautious yet optimistic about the company's...26 Apr, 2024, 09.43 AM IST
- Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO: SourcesThe company is also sounding out foreign banks for advisory roles and HSBC and JPMorgan are among those in the final phase of pitching for ...18 Jan, 2021, 01.29 PM IST
- HSBC to cut up to 300 jobs in UK commercial banking overhaul: SourcesEurope's biggest bank in June resumed plans to cut around 35,000 jobs it had put on ice after the coronavirus outbreak, as Europe's biggest...21 Oct, 2020, 09.55 PM IST
- Squeezed by superpowers, HSBC eyes next step of endless reboot to evade recession prospectsThe task of jettisoning low-return units while doubling down on Asia has gotten a boost from three new directors. The board will cut about ...28 Jul, 2020, 09.46 AM IST
- HSBC cuts bonuses and senior managers in strategy overhaulThe lender said on Tuesday it had cut its bonus pool for 2019 by 4% to reflect poor performance and warned its investment bank will take a ...18 Feb, 2020, 04.36 PM IST
- Vinod Rai in race for Banks Board Bureau chairman postVinod Rai and Naina Lal Kidwai and Deepak Parekh are believed to be in the race for the post of chairman at the proposed Banks Board Bureau...26 Feb, 2016, 10.23 PM IST
- Infosys rallies again as brokers upgrade stockInfosys has surged more than 20% over the past 2 trading sessions on better-than-expected results and a slew of earnings upgrades from lead...15 Jan, 2013, 05.55 AM IST
- Dalal Street re-rates Infosys stock, rallies 20 percent in two daysJP Morgan has upgraded Infosys stock to ‘Overweight’ after two and half years with 12-month price target of Rs 3100.14 Jan, 2013, 08.23 PM IST
- We want banking sector opened up faster: HSBC CEO, Stuart GulliverThe issue in EU is not about Greece, it's risk and contagion spreading to countries like Italy, which is the world's eighth largest economy.06 Feb, 2012, 03.08 AM IST
- Revamp aimed at sharpening focus on local operations: BarclaysLeading British lender Barclays Bank has said the restructuring at its India unit is a part of the efforts to put more focus on the local m...31 Jul, 2011, 03.07 PM IST
- HSBC announces global restructuring, to focus on high growth marketsRising staff costs is a key issue keeping bosses at HSBC awake - but good news is that the new global CEO is committed to paying what it ta...12 May, 2011, 03.20 PM IST
- Pegasus buying lenders’ bad loans in Vishal RetailForeign lenders to Vishal Retail are unloading their bad loans to Pegasus Asset Reconstruction Company, a sign that a major stumbling block...03 Nov, 2010, 05.57 AM IST
- RBS in talks with HSBC to sell Indian commercial & retail unitThe unit has about 1.3 million customers, 1,800 employees and 28 branches, according to the bank's website. Faysal Bank to acquire RBS Paki...20 Jun, 2010, 01.38 AM IST
- Unitech postpones repayment of debtNotwithstanding its successful Rs 1,620-crore Qualified Institutional Placement (QIP) issue, troubled real estate company Unitech has postp...24 Apr, 2009, 12.00 AM IST
- RBS to exit retail, commercial business in IndiaThe Royal Bank of Scotland plans to sell its the retail and commercial business in India as part of the restructuring exercise, a move that...27 Feb, 2009, 05.37 PM IST
- Hiranandanis may now walk into a corporate governance controversyHirco, the AIM-listed real estate fund of the Hiranandani group, finds itself in the midst of a corporate governance controversy.02 Jan, 2009, 12.17 AM IST
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