Thu, Oct 17, 2024
Tata Motors subsidiaries TPEM and TMPV have partnered with HSBC India to extend supply chain financing solutions to their passenger and electric vehicle dealers.
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Fri, Sep 13, 2024
Krishna Institute of Medical Sciences (KIMS) Share Market News: Krishna Institute of Medical Sciences (KIMS) shares saw buying interest as the stock of the hospital operator began trading ex-split in the ratio of 1:5. Many analysts are positive on KIMS for the company's long-term growth potential and operational execution.
Thu, Sep 05, 2024
Power Stocks: Global brokerage firm HSBC has shared its ratings on several power stocks including PSU stocks BHEL, NTPC and Power Grid.
Tue, Apr 30, 2024
Quinn, the lender said, has delivered record profits and the strongest returns in over a decade, adding that he has successfully simplified and focused the bank, most recently with the sale of the Canada and Argentina operations.
Tue, Apr 09, 2024
HSBC Chairman Mark Tucker told shareholders earlier this month that a much-speculated spin-off of the Asia business will not be happening.
Wed, Feb 21, 2024
The bank, which follows the calendar year as its fiscal, had earned a profit of USD 1,277 million in 2022, HSBC said in its annual report for 2023. Countries, including India, Singapore, and Saudi Arabia, are the growing markets for the bank, it said.
HSBC, which has a market value of $160 billion, reported on Wednesday a pretax profit of $30.3 billion for 2023, up 78 per cent from a year earlier but worse than a $34.1 billion broker estimate.
Wed, Feb 07, 2024
FSN E-Commerce Ventures, parent company of Nykaa, reports robust earnings for Q4 FY23, driving net profit up by 106%. Nykaa's shares rise 5% on NSE, buoyed by strong demand and revenue growth. Analysts foresee potential margin challenges but remain optimistic about future prospects.
Thu, Nov 23, 2023
HSBC India and UKEF on Thursday signed a Letter of Intent (LoI), which enables them to work together on opportunities relating to UKEF's guarantee-backed structures. India was the UK's 12th largest trading partner in the four quarters to the end of Q2 2023, accounting for 2.1 per cent of total UK trade.
Wed, Oct 25, 2023
HSBC downgrades HUL: HSBC added that HUL's lacklustre Q2 performance hasn’t helped, with areas of weakness persisting in the portfolio and "unless markets turn deeply risk-averse, we see little upside," it added.
Thu, Sep 28, 2023
"This is our first Sustainability Linked Loan obtained from HSBC India, marking our unwavering dedication to our Environmental, Social, and Governance (ESG) objectives," Amit Agarwal, Executive Director & Group CFO of DCM Shriram Ltd, said.
The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" of Citi's China-based staff, said one of the sources.
Tue, Aug 01, 2023
The global banking and markets vertical contributed the most to the profits, delivering a PBT of USD 408 million as against USD 324 million in the year-ago period.
Thu, Apr 20, 2023
HSBC should separate its Asia business into a Hong Kong-listed entity, top shareholder Ping An said in an update to proposals it began to push for last November.
Mon, Mar 13, 2023
HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound. Know full details from Kushal Gupta in this video.
HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound."This acquisition makes excellent strategic sense for our business in the UK," HSBC CEO Noel Quinn said in a statement.
Sun, Mar 12, 2023
Amazon Mega Electronics Day Sale LIVE: The sale, which ends on March 14, also offers extra discounts on HDFC, HSBC, and Yes Bank credit cards and no-cost EMI options
Wed, Mar 01, 2023
The board of directors in its meeting held on February 28, 2023 has accorded approval for withdrawal of the process for divestment of bank's stake in Canara HSBC Life Insurance Co Ltd, PNB said in a regulatory filing.
Thu, Dec 15, 2022
Brokerage firm HSBC has estimated a 17% upside in NTPC stock which translates into Rs 28 per share gains from the recommended price level of Rs 172.
Fri, Oct 14, 2022
Infosys share price jumped more than 4.5% in early morning deals on Oct 14 as the Street gave a thumbs up to the Bengaluru-based IT major's September quarter results and share buyback announcement
Fri, Jul 01, 2022
HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth
Thu, Jan 20, 2022
Large firms have become larger at the cost of smaller firms, while informal sector firms have been disrupted, HSBC said in a recent report.
Thu, Dec 23, 2021
Foreign lender HSBC on Thursday announced that its asset management arm will acquire L&T Mutual Fund for USD 425 million (about Rs 3,192 crore).
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