Diaspora | Press Trust of Inda | Saturday January 31, 2015
A 36-year-old Indian-origin manhas been jailed for four years and eight months on charges of hacking computers of at least seven organisations including the ruling party in 2013.
Mumbai News | Written by Saurabh Gupta | Sunday January 18, 2015
Mumbaikars today came out in huge numbers to run for a cause. Over 40,000 residents of the city, including top industrialists and actors, participated in the 12th edition of the Standard Chartered Mumbai Marathon.
Sunday January 18, 2015
HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (Rs 2.5 lakh crore at 1 dollar = 61.86 rupees).
Mumbai News | Saurabh Gupta | Sunday January 18, 2015
Mumbaikars from all sections from society will run for charity in the 12th edition of the Standard Chartered Mumbai Marathon is taking place in the financial capital today.
Friday January 16, 2015
Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks tighten the screws, worried about defaults and sharp practices in the sector.
Thursday January 8, 2015
Standard Chartered CEO Peter Sands's decision to cut the bank's loss-making equities business was almost a year in the making, despite the shock Thursday's announcement caused among staff in the division, according to sources at the bank and recruite...
Thursday January 8, 2015
Standard Chartered is closing the bulk of its global equities business and axing 4,000 retail banking jobs as Peter Sands moves to aggressively cut costs to reverse the Asia-focused bank's fortunes, according to a memo seen by Reuters.
Friday December 12, 2014
Annual consumer price inflation eased for a fourth straight month in November to 4.38 per cent, its lowest level since government started releasing the data in 2012, government data showed on Friday.
Wednesday December 10, 2014
Reliance Industries Ltd (RIL) on Tuesday hit the international debt market to raise up to $1 billion (about Rs 6,150 crore) by selling 10-year dollar-denominated bonds.
Thursday November 20, 2014
The branch at Nakatia in Bareilly, its seventh in UP, will provide entire range of products, including the basic or no-frills accounts, the bank said in a statement issued here.
Tuesday November 4, 2014
HSBC's profits fell short of expectations in the third quarter after the bank set aside $1.8 billion for misconduct settlements and compensation for customers, including a potential fine for rigging currency markets.
Saturday November 1, 2014
The latest investigation involving the bank is based, in part, from evidence that emerged during a separate probe of BNP Paribas, the French bank that pleaded guilty this summer to charges related to sanctions-busting and agreed to pay $8.9 billion i...
Tuesday October 28, 2014
The Asia-focused bank also said it will target a further $400 million in cost reductions for 2015, as it reshapes itself to combat a downturn in emerging markets which had previously been a tremendous engine of growth - driving it to ten straight yea...
Tuesday October 7, 2014
Standard Chartered plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 per cent, even as its expansion elsewhere has slowed.
Sunday October 5, 2014
Jindal Group is considering a last-minute move to acquire debt-ridden UK firm London Mining, according to a media report on Sunday.
Friday September 26, 2014
Morgan Stanley and Standard Chartered are among six banks picked to manage the sales of shares in two state-run Indian companies, sources directly involved in the deals said on Friday.
Monday September 22, 2014
Standard Chartered downgraded the stock to "in-line" from "outperform", saying interactions with management and channel partners suggest "demand recovery will be gradual and not as sharp as street expectations."
Sunday August 24, 2014
According to the global financial services major, the India-ASEAN trade corridor, currently worth around $80 billion, has been growing fast at a compound annual growth rate of 23 per cent over the past decade.
Friday August 22, 2014
According to a report by Standard Chartered Bank, Hyundai plans to source engines for its global operations from India, Ford plans to make India its manufacturing hub for engines for the Asia-Pacific region and Africa, and Volkswagen plans to increas...
Wednesday August 20, 2014
The civil settlement announced on Tuesday by Benjamin Lawsky, the New York State financial services superintendent, came two years after Standard Chartered agreed to pay $667 million to a variety of US regulators to resolve similar charges, including...
Tuesday August 12, 2014
Because Standard Chartered clears about two million US dollar transactions each month, the process of poring through the data will be "a huge piece of work" that could take months, said one of the sources. Both sources spoke on condition of anonymity...
Monday August 11, 2014
India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 per cent -- the strongest pace of growth in last nine quarters, Standard Chartered has said.
Wednesday August 6, 2014
The bank, which is listed on the Indian bourses through Indian Depository Receipts, had registered an operating profit of $439 million for the corresponding January-June period last year.
Thursday July 31, 2014
Tata Consultancy Services (TCS), India's largest software services firm, on Wednesday said it has been appointed as the official IT consultancy partner of the Standard Chartered Singapore Marathon 2014 (SCMS).