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Amazon Great Freedom Festival 2025: Best Laptop Deals Revealed Ahead of Sale
Amazon’s Great Freedom Festival 2025 sale begins on July 31 at 12pm IST, with Prime members getting early access 12 hours prior. The sale offers discounts on furniture, electronics, home appliances, and gadgets. Additional benefits include bank offers—10 percent instant discount for SBI Credit Card EMI users, a 7.5 percent discount for HSBC, ID...
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India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
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India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
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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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Amazon Great Freedom Festival 2025: Best Laptop Deals Revealed Ahead of Sale
Amazon’s Great Freedom Festival 2025 sale begins on July 31 at 12pm IST, with Prime members getting early access 12 hours prior. The sale offers discounts on furniture, electronics, home appliances, and gadgets. Additional benefits include bank offers—10 percent instant discount for SBI Credit Card EMI users, a 7.5 percent discount for HSBC, ID...
-
India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
-
India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
-
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.
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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
-
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.
-
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.
