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HSBC's proposed takeover of RBS India assets falls through

A proposed acquisition by global banking giant HSBC of another UK-based bank RBS' Indian retail and commercial banking business has failed to fructify, as the transaction deadline expired on Friday wi

Investigate HSBC, BJP tells government

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Stating that it was the first to demand that black money stashed away abroad be brought back, the BJP Friday asked the government to investigate the operationss of HSBC bank in India.

Speaking shortl

HSBC under probe for opening alleged criminals' accounts

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HSBC, Britain's biggest bank, is at the centre of a major Revenue and Customs investigation after
it opened offshore accounts in Jersey for 'serious criminals' living in the country, The Telegraph rep

RBI widens StanChart, HSBC probe to other foreign banks

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The Reserve Bank has widened its probe into the affairs of British banking giants HSBC and Standard Chartered to a host of other foreign banks for alleged breach of controls against money laundering a

Deficient rainfall to impact output, inflation: HSBC

The shortage in rainfall this year is likely to impact inflation and output, as the agriculture sector may witness a decline in the current fiscal year, an HSBC report said.

India is looking at a dr

HSBC case: RBI looking into issues raised by US Senate

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The Reserve Bank is looking into the issue of non-compliance of anti-money laundering norms by the Indian staff of HSBC raised by a US Senate Committee, a senior Finance Ministry official said on Thursday.

HSBC apologises for ‘mistakes’ in tackling terror funding

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Apologising to the US lawmakers for its 'mistakes' in tackling terror funding and money laundering related risks, global banking giant HSBC on Tuesday said it is committed to fixing the lapses with the bank's risk management system.

Manufacturing slows emerging market growth

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Economic growth across emerging markets eased in the second quarter of 2012, dragged down by lacklustre manufacturing sector activity, especially in China and Brazil, an HSBC survey showed on Wednesda

June services PMI expands for 8th month at slower pace

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India's services sector in June expanded for the eighth straight month although at a slower clip, but new orders picked up and firms hired workers at the fastest pace in a year, a business survey show

Indian factory growth at four-month high in June

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India's factory sector expanded in June to a four-month high, a key survey showed on Monday, indicating an improvement in business conditions despite widespread concern over the nation's economy.

The

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.