New investment projects announced in the manufacturing sector declined in the three months ended June 2023. The value of new projects was lower than in the March quarter, as well as the year-ago period, shows data from project tracker the Centre for Monitoring Indian Economy (CMIE). The new project announcements worth around Rs 85,000 crore in the manufacturing segment in June were a 48 per cent decline from the Rs 1.6 trillion in March and a 66 per cent decline from the Rs 2.5 trillion seen in June 2022.
The UK government announced on Monday that it has facilitated London-based banking major HSBC to buy the embattled UK arm of Silicon Valley Bank for 1 pound, securing the deposits of more than 3,000 customers worth around 6.7 billion pounds. Santa Clara, California-based Silicon Valley Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US bank since 2008. According to experts, although the UK arm of SVB was small with only around 3,000 business customers, its collapse would have presented a risk for the tech sector which is seen as crucial to Britain's economic growth.
The HSBC global research team has compared average annual fees and annual cost of living in 13 major study abroad destinations.
Well known banker Naina Lal Kidwai has been appointed as the country head of HSBC group companies in India. Kidwai will assume the chairmanship of HSBC India operations and the appointment is effective from April 15, an HSBC statement said.
HSBC Group Service Centre, Kolkata is recruiting Managers, Assistant Managers and Business Analysts.
HSBC Group Service Centres are recruiting Customer Service Executives.
HSBC Group Service Centres are recruiting Customer Service Executives.
HSBC Group Service Centres are recruiting Customer Service Executives.
HSBC Electronic Data Processing India Private Limited is recruiting Customer Service Executives.
Indo-UK business ties are becoming a two-way affair with Indian companies contributing to the growth of the British industry
Sudha Menon, author of the recently released Devi, Diva Or She-Devil: The Smart Career Woman's Survival Guide, tells women how to get their due at work.
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