MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
For podcasters -- those who create podcasts -- the medium's appeal also owes to the fact that its content remains unregulated. Uncomfortable conversations, taboo subjects, stigmatised issues, are all encouraged.
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