Reuters
General
HSBC to exit India retail broking; 300 jobs to be cut
London-based HSBC said on Thursday it will exit its retail broking business in India, the latest global bank to scale ......
TMT
HCL beats estimates with 64% rise in Q1 PAT, but revenue growth lags peers
HCL Technologies, India's No. 4 IT services exporter, reported quarterly revenue that grew at a slower pace than that of ......
General
US Congress votes to raise debt ceiling and end default threat, temporarily
The U.S. Congress on Wednesday approved an 11th-hour deal to end a partial government shutdown and pull the world's biggest ......
Consumer
Tata Global Beverages plans rare low-coupon bond
Tata Global Beverages will raise 3.25 billion rupees selling a type of low-coupon bond, sources said, the first prominent issue ......
General
Fitch warns it may cut America's AAA credit rating
Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA, citing the ......
TMT
Sibal sees telecoms consolidation as Vodafone lines up $2B investment
Vodafone Group Plc has told the Indian government it plans to invest more than $2 billion in the country, a ......
General
HDFC Bank Q2 profit up 27%, slowest quarterly growth in a decade
India's third-biggest lender by assets HDFC Bank posted its slowest quarterly profit growth in a decade due to a drop ......
General
How Credit Suisse survived a painful bond surgery
In spring 2009, senior Credit Suisse executive Gal de Boissard told colleagues at a strategy meeting that as the bank ......
Manufacturing
Reliance Industries' Q2 net profit rises 1.5%, meets estimates
Energy conglomerate Reliance Industries Ltd met analyst estimates by posting a 1.5 per cent rise in September-quarter net profit, fuelled ......
Healthcare
KKR may pick stake in Gland Pharma for $150M
Private equity firm KKR & Co LP will pay about $150 million for close to 30 percent of India's Gland ......