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SoftBank gets ready for 3rd Indian innings

With a new $100-billion technology fund, SoftBank is likely to go after market leaders. SoftBank Chief Executive Officer Masayoshi Son wants to propel his group towards what he calls SoftBank 2.0;......

HSBC shuts brokerage arm in India; around 300 lose jobs

British financial giant HSBC said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290......

HSBC acquires RBS' India biz worth $1.8 bn

The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain......

IL&FS Fin buys 14.5% stake in Maytas Infra

IL&FS Financial Services has acquired 14.5 per cent stake in Maytas Infra, promoted by former Satyam chairman B Ramalinga Raju's kin, through invocation of pledge and off-market transactions. In a......

Banking funds are good for every portfolio

In the past few years, the banking sector has given great returns. On January 14, 2008, it touched a high of 12,678.98. Four years ago it was hovering at around 3,000 levels. Over these years, the......

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Fs Investsmart

News for Fs Investsmart

SoftBank gets ready for 3rd Indian innings

HSBC shuts brokerage arm in India; around 300 lose jobs

HSBC acquires RBS' India biz worth $1.8 bn

IL&FS Fin buys 14.5% stake in Maytas Infra

Banking funds are good for every portfolio

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