HSBC’s top execs face tense shareholders calling for a breakup
HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up.
Business
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China Renaissance suspends trading, delays results after founder’s disappearance
China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the release of its annual results because it still can’t get in touch with its founder.
CEOs are tired of being held responsible for gun regulation
Americans have grown used to corporate executives treading the well-worn paths of the Northeast corridor to convene alongside elected officials in Washington, DC, and discuss geopolitics, policy and all that’s in-between.
Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates
China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing.
Wholesale inflation eases to 3.85% in February
India Business News: NEW DELHI: The wholesale price based inflation eased for the ninth consecutive month to 3.85 per cent in February on easing prices of manufactured ite.
Explainer: What is 'Hindu rate of growth' and why Raghuram Rajan's remarks may be 'premature'
India Business News: NEW DELHI: India's gross domestic product (GDP) data for the third quarter (October-December 2022) received a word of caution from the former Reserve .
Find less costly ways to address pension concerns instead of OPS, says Raghuram Rajan
India Business News: Former RBI governor Raghuram Rajan has expressed his concern over the decision of some states to restart the old pension scheme and suggested that so
Forex kitty falls $325 million to $560.94 billion
India Business News: India's foreign exchange reserves dropped $325 million to $560.942 billion as of February 24, making it the fourth consecutive week of decline in the
Govt fixes wheat procurement target at 34.15 million tones for 2023-24
India Business News: The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million t
India lends support to Ajay Banga's nomination for World Bank President post
India Business News: NEW DELHI: India on Thursday extended support to the candidature of Ajay Banga as World Bank President, saying his nomination comes at a time when the.
Fuel sales continue to gallop apace in February
India Business News: Consumption of petrol, diesel and jet fuel continued to gallop apace in February, prompted by early onset of summer and harvesting pushing up demand f
GST revenue jumps 12% in February to Rs 1.49 lakh crore; cess collection highest
India Business News: NEW DELHI: At Rs 1.49 lakh crore, India's goods and services tax (GST) collection for the month of February jumped by 12%, year-on-year. In an officia.
India's manufacturing PMI shows steady growth in February
India Business News: The February PMI data pointed to an improvement in overall operating conditions for the 20th straight month. In PMI parlance, a print above 50 means e
Govt withdraws trading licences of oil tankers, cargo vessels of over 25 years of age
India Business News: The government has withdrawn trading licences of oil tankers, bulk carriers and general cargo vessels that are more than 25 years old, according to a
Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairman
India Business News: The return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti
Parliamentary panel pulls up DoT on internet shutdowns; asks to keep record, assess its impact
India Business News: Expressing concern over frequent internet shutdown without any empirical study, a Parliamentary panel has pulled up the department of telecommunicatio
Govt gets 33.44% stake in Vodafone Idea post equity allocation
India Business News: Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allo
Budget proposes 30% TDS on net winnings in online games, removes threshold for TDS levy
Budget News: NEW DELHI: The government on Wednesday proposed to impose a 30 per cent tax on net winnings from online gaming and also do away with the existing thre.