HSBC India

Entity type image
Type: Company
Name: HSBC India
First reported 2 hours ago - Updated 2 hours ago - 1 reports

HSBC MF Announces Change in Fund Management Team

HSBC Mutual Fund has announced that Neelotpal Sahai has been appointed as a Senior Fund Manager - Equities. Accordingly, following are the changes which will be effective from 27 May 2013.HSBC Equity Fund and HSBC India Opportunities Fund will be managed ... [Published HDFC Securities - 2 hours ago]
First reported May 21 2013 - Updated 14 hours ago - 2 reports

IPAN Hill+Knowlton Strategies Selected to be HSBC PR Agency

IPAN Hill+Knowlton Strategies, India’s premier strategic communications consultancy, has been awarded the retainer public relations business for HSBC India, the leading provider of financial services.Following a competitive pitch, IPAN H+K Strategies’ ... [Published Agencyfaqs! - 16 hours ago]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Indian American Neurosurgeon Sentenced to Probation for Unreported Offshore Bank Accounts

, the U.S. District Court for the Eastern District of Wisconsin sentenced Arvind Ahuja, a Milwaukee neurosurgeon, to serve three years of probation and to pay a fine of $350,000 following his conviction by a federal jury of one felony count of willful ... [Published JD Supra - May 22 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

HSBC India Hands PR Duties To IPAN H+K

Asia Pacific, GlobalMUMBAI--HSBC has selected IPAN Hill + Knowlton as its first retained PR agency in India, following a competitive review.IPAN secures the brief after a pitch that featured five other agencies. Previously, HSBC worked with PR agencies ... [Published Holmes Report - May 20 2013]
First reported May 19 2013 - Updated May 20 2013 - 2 reports

JP Morgan Chase To Open Rep Office In Kenya

VENTURES AFRICA – JP Morgan Chase, the US lending colossus, is set to open a representative office in Kenya after it got a go-ahead from the country’s authorities to do so.This move will improve Nairobi’s attempt to be East Africa’s banking and life insurance ... [Published Ventures Africa - May 20 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

HSBC completes first transactions on India’s New NCPI NACH payments system

HSBC has become the first bank in India to complete live corporate client transactions on the countrys National Automated Clearing House (NACH) debit payment platform.Telecoms group Vodafone India and asset management companies, HSBC Asset Management ... [Published Bobsguide - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 2 reports

HSBC is first bank live on India’s new payments system

HSBC is the first bank in India to complete live customer transactions on the National Automated Clearing House (NACH) debit platform. Vodafone India, one of Indias leading telecommunications service providers and two asset management companies, HSBC ... [Published Asset Magazine - May 15 2013]
First reported May 08 2013 - Updated May 08 2013 - 2 reports

HSBC fears ‘significant’ penalty in NRI tax evasion probe

Global banking major HSBC has said it may face ?significant? penalties from the US authorities with regard to an ongoing probe into suspected tax evasion by the US-based clients of its Indian unit, among other cases.The US tax department is investigating ... [Published Hindu Business Line - May 08 2013]
First reported May 06 2013 - Updated May 07 2013 - 3 reports

India central bank says will deploy all options to tackle cash crunch

:17 Posted by 8 MUMBAI: India's central bank said on Monday it will consider all the options available to it to tackle tight liquidity in the market including adjusting banks' cash reserve ratio, and not just confine itself to bond purchases."The assumption ... [Published Business Recorder - May 06 2013]
First reported May 06 2013 - Updated May 07 2013 - 11 reports

Chart: Indian, Chinese services sector growth losing steam

Growth in Chinese and Indian services sector, two of the world's fastest growing economies eased sharply in April, a survey by HSBC showed on Monday. The HSBC services Purchasing Managers' Index (PMI) of China fell to 51.1 in April from 54.3 in March ... [Published Moneycontrol.com - May 07 2013]
First reported May 06 2013 - Updated May 06 2013 - 2 reports

HSBC India betting on FDI in insurance

Lot of money waiting to be deployed if FDI limit in the sector is raised to 49%, says MD Sunil SanghaiMalvika JoshiHSBC India MD Sunil Sanghai says the reason for the surge is confidence in India’s long-term growth and consumption prospects. Photo: Abhijit ... [Published Livemint.com - May 06 2013]
First reported May 02 2013 - Updated May 02 2013 - 2 reports

India to withhold tax cut on debt

Mumbai: India's move this week to slash tax on interest income that foreigners pay on local bonds, its most significant measure to boost the debt market in recent years, could draw several billion dollars in investment and provide support for the rup ... [Published Manorama Online - May 02 2013]

Quotes

...India than in China, because the per-person availability is lower," said Richard Manley, a Hong Kong-based Managing Director at Goldman Sachs Inc. "Today, the situation is at a point where it’s quickly going to become a real business risk in Asia" said Manley, the Asia head of GS Sustain, which analyzes environmental, social and governance issues
...the need for companies to show clear and consistent differentiation and strategic focus,” said Radhika Shapoorjee, IPAN H+K South Asia president. "HSBC wants to attract global companies looking at India as well as Indian companies going global."
Manish Sinha, head (customer value management), HSBC India, says, "The savings on interest payments could be substantial, depending on how much money the customer chooses to deposit in his account. It also provides the borrower liquidity in managing the deposit float, as these excess funds can be utilised freely. Finally, the customer can use this account as a regular bank accountaccount for which a cheque book and debit card are provided for routine banking transactions. Therefore, a nominal interest rate premium is levied for this significant advantage to the customer."
...India and US are working to explore options to put the IGA in place," explains Bahroze Kamdin, Partner at Deloitte Haskins & Sells, India. "If the IGA is signed, then FFIs need to share information about their US accountholders with the Indian Government and the Government in turn will share this information with IRS. There are a number of advantages for FFIs if the IGA is signed. Firstly, they will not be directly exposed to the complex laws of the US Secondly, legal impediments would not arise for sharing data outside India. And lastly, the most important advantage would be the exemption from any withholding tax provisions" she adds

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All (71) | News (70) | Reports (0) | Blogs (0) | Audio/Video (1) | Fact Sheets (0) | Press Releases (0)
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HSBC MF Announces Change in Fund Management Team [Published HDFC Securities - 2 hours ago]
IPAN Hill+Knowlton Strategies Selected to be HS... [Published Agencyfaqs! - 16 hours ago]
Institute for advertising [Published FreePressIndex.com - 22 hours ago]
Indian American Neurosurgeon Sentenced to Proba... [Published JD Supra - May 22 2013]
Death in Parched Farm Field Reveals Growing Ind... [Published BusinessWeek - May 21 2013]
IPAN Hill+Knowlton Strategies Selected to be HS... [Published IPAN Online - May 21 2013]
HSBC India Hands PR Duties To IPAN H+K [Published Holmes Report - May 20 2013]
JP Morgan Chase To Open Rep Office In Kenya [Published Ventures Africa - May 20 2013]
Twin benefits: Save and prepay home loan [Published Smart Investor - May 20 2013]
JP Morgan gets licence to set up office in Kenya [Published Business Daily Africa - May 19 2013]
HSBC completes first transactions on India’s Ne... [Published Bobsguide - May 16 2013]
What Indian Americans should know about FATCA [Published Economic Times - May 15 2013]
HSBC is first bank live on India’s new payments... [Published Asset Magazine - May 15 2013]
Foreign Account Tax Compliance Act: What Indian... [Published Economic Times - May 15 2013]
HSBC activates NACH debit platform [Published Hindu Business Line - May 15 2013]
Indian inflation cools to below 5pc for first t... [Published New Age Bangladesh - May 14 2013]
ITC chief YC Deveshwar buys bungalow in tony De... [Published Economic Times - May 10 2013]
De-jargoned: Purchasing Managers Index [Published Individual.com - May 08 2013]
HSBC India sees GDP near 6% and Sensex at 21000... [Published Moneycontrol.com - May 08 2013]
HSBC fears ‘significant’ penalty in NRI tax eva... [Published Hindu Business Line - May 08 2013]
HSBC fears penalty in ongoing NRI tax evasion p... [Published Firstpost.com - May 08 2013]
How much longer can the FM, RBI ignore HSBC in ... [Published Money Life - May 07 2013]
HSBC India betting on FDI in insurance [Published Individual.com - May 07 2013]
Chart: Indian, Chinese services sector growth l... [Published Moneycontrol.com - May 07 2013]
Services sector expansion loses pace: HSBC [Published New Indian Express - May 07 2013]
HSBC India betting on FDI in insurance [Published Livemint.com - May 06 2013]
India central bank says will deploy all options... [Published Business Recorder - May 06 2013]
Will use all options to tackle cash crunch: RBI [Published Firstpost.com - May 06 2013]
India’s HSBC Services Purchasing Managers' Inde... [Published Topnews.in - May 06 2013]
RBI says will deploy all options to tackle cash... [Published Yahoo! UK and Ireland - May 06 2013]
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Boosting Intra-BRICS Business [Published ABN Digital - Video - Mar 27 2013]
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