HSBC
General
RBI allows expanded foreign bank presence in new rules
The Reserve Bank of India (RBI) said it will treat foreign banks operating in the country on nearly equal terms ......
TMT
Services slump eases, but growth remains elusive: PMI
Indian services firms recovered slightly last month from the worst slump in over four years in September but activity still ......
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
Service companies suffer worst slump in over 4 years
Activity at Indian services companies shrank at the fastest pace in more than four years last month, suggesting the slowdown ......
General
Factory slump eases in September, orders still shrinking
Factory activity in India shrank for a second month in September, albeit not as sharply as in August, on a ......
Manufacturing
Factory activity shrinks in August
Indian factory activity shrank for the first time in more than four years last month, adding to the country's deepening ......
TMT
Services sector PMI falls to lowest since April 2009
Companies in India's vast services sector suffered a fall-off in activity for the first time in nearly two years in ......
Manufacturing
Factory PMI near contraction as orders sink
A slowdown in factory activity deepened in July as order books shrank by the most in over four years, suggesting ......
Others
Art auctions, private jet tours indicate international stock markets are near peak
Record prices at art auctions in recent weeks and oversubscribed holidays by private jet are among signals that a stock ......
General
ChrysCapital ups stake in Federal Bank as HSBC exits
ChrysCapital has increased its stake in Federal Bank while British banking major HSBC has exited the private sector lender by ......
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