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HSBC HOLDING PLCS
Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
HSBC’s Swiss bank said to exit 1,000 mideast clients amid revampHSBC's Swiss private bank is cutting ties with wealthy Middle Eastern clients. Over 1,000 clients from Saudi Arabia, Lebanon, Qatar, and Eg...
Cooling profits from India to China cast pall on Asia stocksForward earnings estimates for companies in the MSCI Asia Pacific Index have fallen by over 4% since the end of September, according to Blo...
India’s Budget to test Modi’s fiscal resolve ahead of 2024 voteIndia recently restructured the world’s biggest food program and trimmed energy subsidies to enable about 1 trillion rupees ($12.3 billion)...
Centrum's business heads asked to quit due to 'loss of confidence'Founded about a decade ago mainly with a leadership team brought in from HSBC Holdings Plc’s India operations, Centrum Wealth managed 350 b...
How a detergent could have helped RBI act swiftly on inflation“Almost 30% of our business comes from packs that operate at magic price points,” Ritesh Tiwari, the chief financial officer of Hindustan U...
India likely to break ranks with peers on unwinding easy monetary policyReserve Bank of India Governor Shaktikanta Das, who last year called for coordinated policy response to the pandemic, this month cited risk...
A digital money rush is great. A run, not so muchBlockchain-based stablecoins such as Tether and the upcoming Diem are the latest form of private money: Tokens that do not offer Bitcoin-ty...
Gold regains shine after central bank buying drops to decade lowBullion has come under pressure this year as higher bond yields made the non-interest bearing haven seem less attractive to investors. Afte...
China’s yield appeal catapults yuan to global FX big leagueIn London -- the world’s center of foreign exchange -- there’s more yuan changing hands than ever before. Options on the Chinese currency e...
A stock trader’s guide to the global Covid vaccine rolloutThese are some of the sectors and stocks in traders’ sights for their roles in the global vaccine rollout.
Vodafone lenders approve merger of Indus Towers with Bharti InfratelVodafone Group had announced on September 1, 2020 that it had agreed to proceed with the merger of Indus Towers Limited and Bharti Infratel...
GSK, Horlicks to sell HUL shares worth Rs 26,000 crore todayJP Morgan, Morgan Stanley and HSBC are the book runners to the trade.
Mukesh Ambani’s plans to make Reliance debt-free hit multiple snagsThe country’s richest family becoming the subject of a tax probe is unprecedented and has surprised many.
Sliding rupee has an upshot: Rising software exportsThe year-to-date gains for information technology stocks have outpaced the broad market index.
Stock rally to end soon: Investors turn to drinks, but not in the way you think!Prices for fine wines have climbed to their highest levels since October 2011 on speculation that equities near record highs are poised to ...
Narendra Modi's fiscal math rests on rich asset-sale, optimistic spending targetsTax revenue growth of 12 percent “looks achievable,” Bhandari said, as the government has budgeted for weak excise collections.
Cashless payment gains importance due to demonetisationThe Reserve Bank of India’s UPI transactions data for November and December are the earliest available usage figures for a platform that wa...
Saudis are trying to figure out how to survive in a post-oil eraThe shock therapy to embrace a Saudi version of western-style capitalism risks coming too late, but on paper it’s tantamount to a revolutio...
SIT considering allowing compounding in HSBC cases where original account holder is deadProminent among those facing such a imbroglio are RIL chairman Mukesh Ambani and his brother Anil, the chairman of ADAG.