HSBC has announced that India has become its third-largest profitable region, surpassing China. This growth is primarily driven by a strong performance in its global banking and markets division, catering to large corporations and including treasury operations. In 2023, HSBC’s profit before tax in India rose by 19% to $1.51 billion, following Hong Kong and the UK. Meanwhile, China’s profit witnessed a significant decline of 89% due to losses in various sectors.
Tata Consumer Q2 Results: Cons PAT jumps 8% YoY to Rs 364 crore, beats estimates
Tata Consumer Q2 Results: The profit after tax was above ET Now poll estimates of Rs 314 crore. The company reported quarterly revenue of Rs
October 18, 2024