HSBC closing India private banking business

HSBC another foreign bank is shutting its private banking business in India, Asia’s third-largest economy. “After a strategic review of the global private banking operations in India, we have decided to close the business,” an HSBC Indian spokesman said. Many foreign wealth managers opened business in India thinking of fast economic growth, only to find … Read more

India business unpredictable: rain forced foreign companies to relocate

Doing business in India has always been unpredictable and challenging i.e. most Indian business are expending abroad. Perhaps Enron case was the best illustration about the frustration foreign businesses face in India. However foreign businesses including UKBIC are more adventures and bets big on India though many confused with the slow response of authorities and unpredictability in … Read more

Yoga to become component of universal healthcare WHO

Tamanna Bhatia weight loss Great news for the holistic health practitioners/ campaigners as finally WHO World Health Organisation is working across the world to support the unique knowledge of yoga with scientific evidence to incorporate it into universal healthcare. Speaking on this occasion Celebrity Yoga Trainer Subodh Gupta said, “Hatha Yoga (Third limb of Yoga) … Read more

Are Indian IT companies violating H1B Visa

Recently there was lot of news in the media about the displacement of American workers at Disney and Edison and their replacement with workers on H1B visa. The U.S. government has opened an investigation against two of the India’s biggest IT outsourcing companies (TCS and Infosys) for possible violations of H1B visa rules. Under the … Read more