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Oriental Bank of Commerce plans to sell stake in life insurance JV

Finance

28 November, 2018

Oriental Bank of Commerce plans to sell stake in life insurance JV

State-run Oriental Bank of Commerce plans to divest its stake in its life insurance joint venture as part of efforts ......

Premium
How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

How the pecking order of foreign banks is changing in India

Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......

HSBC ropes in former Rothschild India MD to head local i-banking unit

People

13 July, 2018

HSBC ropes in former Rothschild India MD to head local i-banking unit

Amitabh Malhotra has been appointed as the India head of HSBC’s investment banking practice, the British multinational banking and financial ......

Premium
Merchant banks' report card: Who made punters smile most via IPO listing gains?

Finance

06 October, 2017

Merchant banks' report card: Who made punters smile most via IPO listing gains?

Ample global liquidity and positive investor sentiment on Indian economic reforms have propelled Indian stock markets higher in what many ......

HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

People

29 August, 2017

HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

Former KPMG India top executive Dinesh Kanabar and HSBC Holdings Plc’s India investment banking head Sunil Sanghai have joined hands ......

Around half of the foreign bank a/cs linked to black money have zero balance: SIT

General

06 November, 2014

Around half of the foreign bank a/cs linked to black money have zero balance: SIT

The Special Investigation Team (SIT) on blackmoney has found that less than half of the HSBC bank list of over ......

Services sector expanded for the first time in a year last month

TMT

04 June, 2014

Services sector expanded for the first time in a year last month

India’s services sector expanded for the first time in nearly a year during May on a rebound in new business ......

Manufacturing activity perks up

Manufacturing

03 February, 2014

Manufacturing activity perks up

Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as ......

Services downturn worsens in December but hiring perks up

TMT

06 January, 2014

Services downturn worsens in December but hiring perks up

Activity in India's services sector shrank at a faster pace last month as new orders dwindled, but firms hired at ......

Services PMI Slips To 5-month Low Of 52.3

TMT

12 December, 2013

Services PMI Slips To 5-month Low Of 52.3

Growth in the Indian services sector slipped to a five-month low in March as optimism about the business outlook in ......