New manufacturing projects decline in June 2023, shows CMIE data

New investment projects announced in the manufacturing sector declined in the three months ended June 2023. Photograph: Rupak De Chowdhuri/Reuters The value of new projects was lower than in the......

HSBC pays $27.5 mn penalty to Mexican regulators

HSBC Holding Plc has paid a penalty of about $27.5 million (Rs 154 crore) to Mexican regulators as the banking giant's unit there failed to comply with the money-laundering rules.HSBC Mexico said......

'HSBC exposed US to terror funding, money laundering risks'

A US Senate panel has accused global banking giant HSBC of exposing the country's financial system to various terror financing, money laundering and drug trafficking activities with transactions......

HSBC set to cut thousands of jobs globally

An estimated 10,000 to 20,000 jobs will be axed, according to a media report HSBC Holdings Plc could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of......

Sports Shorts: Prajnesh avenges Fabbiano to reach Liuzhou Challenger semis

A summary of sports events and persons who made news on Friday IMAGE: Prajnesh Gunneswaran had lost to Fabbiano in the Ningbo Challenger final last week. Photograph: PTI/Files India's Prajnesh......

Ritwik, Joshna retain titles

Top seeds Ritwik Bhattacharya and Joshna Chinappa lived up to their reputations as they retained the men'sand women's Open titles respectively, in the 64th CCI-Western India Open Squash......