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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
HSBC says to shut down India private banking business

Nov 27, 2015

HSBC says to shut down India private banking business

HSBC Holdings Plc will shut its private banking business in India, a spokesman said, marking the exit of another foreign bank from the cut-throat business in Asia's third-largest economy. #India #HSBC #Private banking #wealth managers
Arun Jaitley warns of tough action against those hiding assets abroad

Oct 05, 2015

Arun Jaitley warns of tough action against those hiding assets abroad

Finance Minister Arun Jaitley on Sunday warned that those who did not declare overseas black money during compliance window will face the consequences as the government will receive information about their wealth under automatic exchange of information, while others who took advantage of the scheme to come clean can "sleep well". #Black money #BJP #Narendra Modi #NewsTracker #Arun Jaitley #HSBC #NDA
Team building gone horribly wrong: HSBC fires staff for mock IS-style execution video

Jul 08, 2015

Team building gone horribly wrong: HSBC fires staff for mock IS-style execution video

British bank HSBC fired six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online, a spokesman confirmed on Tuesday. #NewsTracker #HSBC #Birmingham #Instagram #british #execution #islamic-state #Shareworthy
HSBC job cuts: Indian operations likely to see minimal impact; may get surprise benefits

Jun 10, 2015

HSBC job cuts: Indian operations likely to see minimal impact; may get surprise benefits

Out of the 32,000 employees of HSBC in India, as many as over 27,000 are employed in the back offices and development centres #Offshoring #HSBC #HSBC India #Job cut