HSBC has agreed to acquire Citigroup’s retail wealth management portfolio in mainland China, as part of its strategy to become a leader in the country’s growing wealth market. The portfolio consists of $3.6 billion in assets and deposits from wealth customers across 11 major cities. The deal is expected to close in the first...
Read MoreThe Delhi Metro’s newly constructed underground tracks are first used by special ‘muck trains’ before passenger trains. These battery-operated trains collect the excavated sludge from the tunnel boring machines (TBMs) using a conveyor belt connected to the cutter head of the TBMs. Each muck train can carry around 70 cubic metres of muck, which...
Read MoreMumbai City defeated Kerala Blasters with a 2-1 win in their recent match. The first half saw a lackluster performance from both teams, but Mumbai took the lead through Jorge Pereyra Diaz. Kerala equalized in the second half with a goal from Danish Farooq, but Mumbai quickly regained the lead with a goal from...
Read MoreIndia and Sri Lanka have successfully conducted a trial run of a high-speed passenger craft for a revived ferry service between the two countries. The regular service, covering a 111km stretch in three hours, will begin on Tuesday. The vessel, called ‘Cheriyapani’, is operated by the Shipping Corporation of India under the ministry of...
Read MoreThe Samajwadi Party will honor the first death anniversary of its founder, Mulayam Singh Yadav, on Tuesday. The main event will be held at his ‘Samadhi’ in Saifai, Etawah district. Party leaders and members of the Yadav family will pay their respects. Mulayam Singh Yadav, who served as Uttar Pradesh’s chief minister and the...
Read More