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HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

Hong Kong pips India, becomes fourth-largest market

Hong Kong has regained its spot as the world’s fourth-largest market following a broad market rout in Indian equities. Photograph: Lam Yik/Reuters Currently, the Chinese territory’s......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Fall 2024 May Not Be A Repeat Of 2018

'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.''We expect continued pressure on midcaps, but any sharp......

Issuers in wait-and-watch mode for overseas listing at GIFT City

With the government clearing the decks for direct listing at the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), issuers will wait for the......

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Hsbc Mutual Fund

News for Hsbc Mutual Fund

HSBC's AMC acquires L&T Mutual Fund business for $425 million

Hong Kong pips India, becomes fourth-largest market

Why Foreign Financial Firms Quit India

Fall 2024 May Not Be A Repeat Of 2018

Issuers in wait-and-watch mode for overseas listing at GIFT City

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