HSBC
Finance and Funding
Canada Pension Plan sells shares of Nykaa’s parent, Delhivery for Rs 1,166 crore
PTI -
The shares were disposed of in the price range of Rs 174.04-388.45 apiece on the NSE and BSENew Delhi: Canada Pension Plan Investment Board on Wednesday sold shares of Nykaa's parent company FSN E-Commerce Ventures and logistics company Delhivery...
Research
E-commerce may create 12 million jobs over 10 years: HSBC
Business-as-usual estimates suggest India could have a shortfall of 24 million jobs over the next decade, a gap which e-commerce will fill...
Latest News
Retail inflation to cross 6pc before easing from Sept: HSBC
Retail inflation is likely to cross the 6 per cent level over next two months but will ease thereafter as food prices abate and the base effect normalises, says a report.
According to global financial services major HSBC, the inflation...
Food
HSBC brokerage slashes Zomato’s $1bn value by half
HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million.
The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
Retail
GST to roll out by April 2017: HSBC report
A report of HSBC has said that the Goods and Services Tax (GST) Bill is likely to be passed this year, also the new indirect taxes regime will be rolled out from April next year.
As per the global financial...
Retail
Cherry Hill extends solutions to retailers
Cherry Hill, a Delhi-based interior designing major, providing services to corporate workplaces across India, is in talks to tie up with foreign retail brands to set up and manage latter's stores in India. The tie-up, if turns real, will...
Retail
Narayana Murthy to be on HSBC board
Global banking giant HSBC said Indian IT major Infosys' chief mentor NR Narayana Murthy will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh)."Nagavara Ramarao Narayana Murthy CBE (61 years old) has...
Retail
HSBC plans foray into retail brokerage
Moved by the rapid growth of the retail industry in India, HSBC (Hongkong and Shanghai Banking Corporation) India, are all set to make foray into the market with plans to adopt retail brokerage shortly.Naina Lal Kidwai, Group General Manager...
Retail
Stocks gain on positive news from US retailers
Close on the heels of the biggest shopping day of the year in the United States of America, stocks gained on positive news from U.S. retailers.The National Retail Foundation’s 2007 Black Friday Weekend Survey said more than 147 million...
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Latest News
Blur India: Scaling clean beauty to new heights
The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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