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Public investments at two decade high in FY16, rises 21%; pvt sector contracts 1.4%

Jul 22, 2016

Public investments at two decade high in FY16, rises 21%; pvt sector contracts 1.4%

According to HSBC report, private investments is not likely to contract going ahead, however "the recovery will be frustratingly slow" #HSBC #Private sector #consumption demand #public investments #public capex
Cairn Energy's India deal emerges in $3.5-bn forex trading fraud at HSBC

Jul 22, 2016

Cairn Energy's India deal emerges in $3.5-bn forex trading fraud at HSBC

Two senior executives of HSBC were accused of doing front-running by cheating the client Cairn Energy that was selling part-stake in an Indian subsidiary #Vedanta Resources #Cairn Energy #HSBC #Cairn India #forex trading fraud
Brexit verdict: Global banks gear up for ripples, calm investors

Jun 24, 2016

Brexit verdict: Global banks gear up for ripples, calm investors

Among the biggest fallers in European stock market trading on Friday were banks, with shares in Barclays and Royal Bank of Scotland shedding around 20 per cent of their values. #World #Economy #Morgan Stanley #NewsTracker #Goldman Sachs #JPMorgan #HSBC #Deutsche Bank #Lloyd Blankfein #Brexit
Black money issue: Swiss govt promises deeper coop with India

Jun 06, 2016

Black money issue: Swiss govt promises deeper coop with India

Switzerland on Monday assured India of stepped up cooperation in its hunt for unearthing black money stashed by Indians in Swiss banks as it agreed to send a top official to New Delhi to extensively deliberate on the issue. #India #Black money #Narendra Modi #NewsTracker #Tax evasion #Arun Jaitley #Switzerland #HSBC #Indians black money abroad #black money HSBC
HSBC to halve branches in India as customers go digital

May 20, 2016

HSBC to halve branches in India as customers go digital

The reduction in branches is due to customers' adoption of digital solutions #HSBC #job cuts #consolidation
Zomato Founder and CEO gives point-by-point rebuttal to HSBC report

May 09, 2016

Zomato Founder and CEO gives point-by-point rebuttal to HSBC report

Hitting back at HSBC analysts for marking down its valuation by half at USD 500 million, online restaurant guide and food ordering firm Zomato said the investors have backed the current valuation. #HSBC #Valuation #Start up #Zomato #Deepinder Goyal #UrbanSpoon #food ordering
Now Zomato faces heat as HSBC slashes startup's billion dollar valuation by half

May 09, 2016

Now Zomato faces heat as HSBC slashes startup's billion dollar valuation by half

Zomato Media Pvt Ltd has now been valued at $500 million by HSBC Securities & Capital Markets (India) Pvt Ltd #HSBC #Flipkart #Naukri.com #Zomato #99acres #Info Edge India #Sanjeev Bikhchandani #restaurant listings company
Amitabh Bachchan, Aishwarya Rai, DLF's KP Singh in Panama Papers list

Apr 04, 2016

Amitabh Bachchan, Aishwarya Rai, DLF's KP Singh in Panama Papers list

More than 500 Indians figure on the firm’s list of offshore companies, foundations and trusts, besides 234 Indian passports handed over by clients as part of the incorporation process #Amitabh Bachchan #Black money #Aishwarya Rai #HSBC #KP Singh #panama list #Panama Papers
Budget 2016: HSBC sees FM stretching fiscal deficit target to 3.8% in FY17

Feb 19, 2016

Budget 2016: HSBC sees FM stretching fiscal deficit target to 3.8% in FY17

"We believe the government, facing mounting spending pressure such as a higher wage bill, may choose to sign up for a wider deficit of 3.8 per cent of GDP," HSBC India Chief Economist Pranjul Bhandari said in a note. #GDP #fiscal deficit #Arun Jaitley #HSBC #Raghuram Rajan #NDA #Union Budget 2016 #Economy 2016
FIIs withdraw $7 bn from Asian equities; $1.64 bn from India : HSBC

Jan 27, 2016

FIIs withdraw $7 bn from Asian equities; $1.64 bn from India : HSBC

Foreign institutional investors have pulled out funds worth USD 7 billion from Asian equities in January with India witnessing outflows of USD 1.64 billion, says an HSBC report. #India #China #Japan #Singapore #Asia #HSBC #Taiwan #Philippines #FII #EPFR #outflow