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New Delhi [India], India, reported sustained growth in service sector output in June, with the rate of expansion accelerating from May's five-month low amid a stronger rise in new orders, according to HSBC India services PMI survey released on Wednesday.The latest rally could also be linked to...

New Delhi: India's service sector growth accelerated in June from a five-month low in May, amid a stronger rise in new orders and an unprecedented expansion in international sales, it said on Wednesday. a monthly survey.HSBC India's seasonally adjusted services business activity index rose...

~ In 2022, HSBC India announced a partnership with AFI to support female athletes ~~ Abhinav Bindra attended the event ~The Athletics Federation of India (AFI) and HSBC India today together organized a grand farewell ceremony for the athletes, who are part of the Indian contingent...

New Delhi: Output in India's manufacturing sector rose at a sharp pace in June as new businesses continued to arrive amid favorable demand conditions and resulted in a record rebound in employment, a monthly survey said on Monday. .The seasonally adjusted HSBC India Manufacturing Purchasing...

HSBC analysts said in a note that the inclusion would affect the weightings of Thailand, Poland and Czech in the global bond index.According to the note, Thailand, Poland and Czech are the three emerging markets that are likely to see cuts in their respective weightings in the global bond...

Dubai [UAE], HSBC has announced the launch of “WorldTrader” in the UAE, a digital trading platform that provides clients access to a wide range of investments internationally.World Trader's extensive network covers 77 exchanges in 25 markets and directly addresses the growing client demand for...

VMPLNew Delhi [India], June 13: Responding to the urgent need for safe drinking water amid rising temperatures across the country, HSBC India in partnership with The Social Lab (TSL) and United Way Mumbai (UWM) launched a scheme Is. The initiative aims to ensure the well-being of urban...

HSBC India launches Metaverse Lounge for NRIsMumbai, HSBC India on Tuesday launched 'Metaverse Lounge' for non-resident Indians.According to a statement, users will be able to experience various venues such as Amphitheater, Premier Lounge, Beyond Banking Zone, Mariners Harbour, Overseas...

HSBC has given zero value to investment company Prosus's approximately 10 per cent stake (or about $500 million) in Byju's."We value Byju's stake at zero amid multiple legal matters and funding crisis," HSBC notes.“Earlier, we had valued the stake in Byju at approximately 10 per cent by...

New Delhi, Punjab National Bank (PNB) on Tuesday said it will sell 10 per cent stake in Canara HSBC Life Insurance Company by listing the insurer on stock exchanges.At present PNB holds 23 percent stake in the insurance company.The Board of PNB, in its meeting held today, has approved...

NEW DELHI: India's manufacturing sector slowed growth for the second consecutive month in May but remained firmly in expansion mode with global sales rising by the largest extent in 13 years, a monthly survey said on Monday.The seasonally adjusted HSBC India Manufacturing Purchasing Managers'...

New Delhi, Canara Bank on Friday said it has approved the process of diluting 14.5 per cent stake in its life insurance venture Canara HSBC Life Insurance Company.Canara Bank said in a regulatory filing that the bank plans to dilute its stake by listing the company on the stock exchange...

Mumbai: The Reserve Bank on Wednesday imposed a fine of Rs 36.38 lakh on foreign lender HSBC for violations of the Foreign Exchange Management Act (FEMA).The central bank said reporting requirements under the Liberalized Remittance Scheme of FEMA, 1999, were not followed by HSBC.RBI had...

New Delhi: Jackson Green, a new energy transformation platform backed by Jaxo Group, on Wednesday said it has secured funding of Rs 60 crore from HSBC India.The funding will support the company's working capital requirements for its renewable energy business in India and internationally, a...

New Delhi, HSBC Asset Management (India), its independent directors Jasmine Batliwala and Nani Zaveri and two others have paid around Rs 24 lakh to market regulator Sebi to settle a case related to alleged violations of mutual fund rules in the case of HSBC Mutual. Have done. Fund.The...

India has 1,500-1,600 global GCCs which are offshore units set up by multinational companies to perform a number of strategic functions.According to HSBC Global Research, GCC revenues have been growing at a CAGR of 11 per cent since 2015, compared to 8 per cent for the top five Indian...

New Delhi [India], India's services sector made a strong start in the first quarter of fiscal year 2024-25, with new business and output growth sharp and the fastest in 1 year, according to HSBC PMI data compiled by S&Global. . Apart from a surge in domestic demand, companies noted fresh trade...

India has emerged as the world's fastest growing major economy, made possible by government spending on large infrastructure projects such as highways, railways, power plants and ports. This has a multiplier effect in creating more jobs and income which increases domestic demand for goods and...

NEW DELHI: India's manufacturing sector activity slowed in April but still recorded the second-fastest improvement in operating conditions in three and a half years, driven by strong demand, a monthly survey said on Thursday.The seasonally adjusted HSBC India Manufacturing Purchasing Managers'...

“I am proud of what we have achieved, and it has only been possible because of the talent, dedication and commitment of the people at HSBC,” said Quinn. “I want to thank them wholeheartedly and look forward to the next steps.” I wish him continued success on his journey. After five years of...