HSBC to consolidate operations first; not to forego new opportunities either
International banking group HSBC Holdings, fresh from its purchase of French bank CCF, said on Monday it would not rule out making fresh acquisitions if opportunities came along. For the moment, the priority was to consolidate its recent deals, Group chief executive Keith Whitson said.
Hopes of rate hike in Aug vault dollar to 10-week high
Dollar revisited 10-week highs against the yen on Monday, bolstered by speculation that the Fed Reserve may have to raise interest rates in August to cool the US economy's record-beating expansion.
FDI inflow in chemicals sector to go up -- Minister
Minister of state for chemicals and fertiliser, Ramesh Bais has said that flow of foreign direct investment in the chemicals sector, which dropped drastically in the last fiscal, may improve this year as a result of the number of steps taken by the govt.
NCB deal may go through despite trouble at FRC
Four finance firms plan merger to form Rs 2,500 crore outfit
EFC advocates more autonomy for PSUs before disinvestment
MSEB to seek Rs 150cr aid from PFC, REC to meet deadline for metering
Kerala tourism, IT sectors attract more investments
MMTC arm to get Approved Trader Status from Singapore government
Railway board plays dog in the manger
Cooperative banks chalk out plan to enter insurance sector
Centre asks Mumbai Port Trust to remove curbs on container cargo traffic growth
Cellphone subscribers over 2.1 mn -- COAI