India’s Sept Business Growth at Nine-Month Low as Demand Slows Down: PMI
The flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and HSBC, dropped to 59.3 this month from August’s 60.7 final reading. According...
Tag : HSBC
JSW Infrastructure Files Draft IPO Documents with Sebi to Raise Rs 2,800 Crore
JSW Infrastructure Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) to raise around Rs 2,800 crore...
HSBC to Bet Big on India’s $400 Billion Wealth Stack
The 122-foot billboard presented a tiger pestering over the British bank’s hexagonal red logo — a not-too-subtle gesture of its motivations to direct the financial...
HSBC Hits Two-Month High on Canada Exit
HSBC (LON:HSBA) shares climbed over 4 per cent in London to their highest in two months after the UK-based bank said it would sell its...
Reliance Jio Discusses with Global Lenders to Raise $1.5 Billion
Reliance Jio Infocomm plans to raise additional funding of Rs 12,300 crore over External Commercial Borrowings (ECB) to support the 5G CAPEX. The company has...
FCA Fines $85 Million HSBC for Anti-Money Laundering Failings
The United Kingdom’s financial regulator said it had fined HSBC $85.2 million for failing its anti-money laundering procedures. The Financial Conduct Authority (FCA) said that...
Govt Freezes ByteDance India Bank Accounts
Indian authorities have blocked bank accounts of ByteDance in the country for alleged tax evasion and the company has asked a court to quash the...
Hero Future Energies to Sell Power Purchase Agreement
The Munjal family-promoted, Hero Future Energies has planned for selling its 900 MW (megawatt) of Power Purchase Agreements (PPAs).The green energy producer has started talks with investors...
Axis Bank Picks Arrangers for $1.3 Billion Share Sale
Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share...
HSBC May Cut up to 10,000 Jobs to Slash Costs
HSBC Holdings Plc may eliminate as many as 10,000 jobs as part of a cost-cutting drive, according to a Financial Times report that signalled Europe may...