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India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
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Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
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India's Heat Is Now A Better Predictor Of Food Prices Than Rain: Report
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.
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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
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Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
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Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
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Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
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Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore.Â
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RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
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ReNew Power, HSBC India To Provide Solar Electricity, Climate Education To 75 Schools
Renewable energy firm ReNew Power has tied up with HSBC India to electrify 75 schools in three states with solar energy and create awareness about climate change in school curriculum, the two companies said in a joint statement.
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TikTok Parent ByteDance Says It Is 'Bleeding' Due to India Bank Account Freeze, No Relief From Court
A Mumbai court granted no relief to China's ByteDance in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.
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Badminton's US Open, Canada Open Cancelled Due To COVID-19
The US Open, a Super 300 tournament on the HSBC BWF World Tour, was slated to be played from July 6 to 11, while the Super 100 tournament in Canada was scheduled for June 29 to July 4.
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Flipkart Dussehra Specials Sale Begins: Price Cut on iPhone 11 Pro, Realme C3, Poco M2, More
For this Dussehra Specials sale, Flipkart has partnered with Kotak Mahindra Bank and HSBC Bank to offer 10 percent instant discount to its customers. Phones like the Realme C3, iPhone SE (2020), iPhone 11 Pro and the Redmi 8A Dual are listed with price cuts.
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Oppo Enco W31, Oppo Enco M31 Wireless Headphones Get Temporary Price Cuts in India
Oppo Enco W31 and Oppo Enco M31 wireless headphones have received a temporary price cut in India. The headphones will be offered at reduced prices till July 15.
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India Expects HSBC Account Data From Switzerland In 10 Days: Piyush Goyal
India expects to receive data from Swiss authorities on HSBC accounts of its citizens in about 10 days after Switzerland's top court directions that data be shared with the Indian government, finance minister Piyush Goyal said today.
-
India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
-
India's Heat Is Now A Better Predictor Of Food Prices Than Rain: Report
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.
-
India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
-
Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
-
Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
-
Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
-
Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore.Â
-
RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
-
ReNew Power, HSBC India To Provide Solar Electricity, Climate Education To 75 Schools
Renewable energy firm ReNew Power has tied up with HSBC India to electrify 75 schools in three states with solar energy and create awareness about climate change in school curriculum, the two companies said in a joint statement.
-
TikTok Parent ByteDance Says It Is 'Bleeding' Due to India Bank Account Freeze, No Relief From Court
A Mumbai court granted no relief to China's ByteDance in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.
-
Badminton's US Open, Canada Open Cancelled Due To COVID-19
The US Open, a Super 300 tournament on the HSBC BWF World Tour, was slated to be played from July 6 to 11, while the Super 100 tournament in Canada was scheduled for June 29 to July 4.
-
Flipkart Dussehra Specials Sale Begins: Price Cut on iPhone 11 Pro, Realme C3, Poco M2, More
For this Dussehra Specials sale, Flipkart has partnered with Kotak Mahindra Bank and HSBC Bank to offer 10 percent instant discount to its customers. Phones like the Realme C3, iPhone SE (2020), iPhone 11 Pro and the Redmi 8A Dual are listed with price cuts.
-
Oppo Enco W31, Oppo Enco M31 Wireless Headphones Get Temporary Price Cuts in India
Oppo Enco W31 and Oppo Enco M31 wireless headphones have received a temporary price cut in India. The headphones will be offered at reduced prices till July 15.
-
India Expects HSBC Account Data From Switzerland In 10 Days: Piyush Goyal
India expects to receive data from Swiss authorities on HSBC accounts of its citizens in about 10 days after Switzerland's top court directions that data be shared with the Indian government, finance minister Piyush Goyal said today.
