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HSBC names insider Hitendra Dave as India CEO

Finance

07 June, 2021

HSBC names insider Hitendra Dave as India CEO

HSBC Holdings said on Monday it appointed Hitendra Dave as the chief executive officer of its India branch effective June ......

CapitaLand secures $228 mn in green loans for India business parks

Infrastructure

18 November, 2020

CapitaLand secures $228 mn in green loans for India business parks

Singapore-based CapitaLand has secured its first three green loans in India from DBS Bank and HSBC, the real estate group ......

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Finance

21 September, 2020

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags ......

Premium
HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......

Grapevine: Stake sale of Hero Future likely; China's Fosun ends healthcare deal talks

General

15 July, 2020

Grapevine: Stake sale of Hero Future likely; China's Fosun ends healthcare deal talks

Hero Future Energies Pvt. Ltd, which produces solar and wind energy, is exploring an opportunity to sell a stake and ......

Premium
Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

HSBC revives plan to cut 35,000 jobs after pandemic pause

Finance

17 June, 2020

HSBC revives plan to cut 35,000 jobs after pandemic pause

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's ......

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Infrastructure

13 May, 2020

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Warehouse developer IndoSpace Core has raised Rs 1,000 crore (around $132.7 million) in the form of a debt facility from ......

HSBC cuts top investment bank jobs despite wider firing freeze

Finance

21 April, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......