Hsbc Asset Management

L&T Finance Holdings will receive an aggregate purchase consideration of INR (Indian currency) equivalent of USD 425 million, subject to adjustments as set out in the definitive documents as consideration for the transaction.

CCI approves buying of L&T AMC by HSBC AMC

The proposed combination relates to acquisition of 100% equity share capital of L&T AMC by HSBC AMC from L&T Finance Holdings Limited (L&T Sponsor/Seller) and its nominees.

Rally confined to few largecaps; bet on tyre cos: HSBC AMC

Dhiraj Sachdev, HSBC Asset Management told CNBC-TV18 that he is positive on tyre companies and expects them to benefit from falling rubber prices.

Infosys, TCS to feel the heat of competition, U.S. election

India's leading software exporters are expected to face a challenging year ahead due to growing competition, an uncertain global economy and rising US rhetoric against shipping of jobs to low-cost locations ahead of the November presidential election.

Strategy 2012: Fixed income first half, equities second

Market was back to its old miserable ways after raising hopes of a year-end rally.

Sachdev positive on banking space

Dhiraj Sachdev, Senior Fund Manager, HSBC Asset Management is positive on banking space.

Investors brace for 2012 with higher cash, stocks

Investors raised their cash balance to the highest in a year in December as they prepared for a jittery 2012 with growing concerns over the euro zone debt crisis, although some dipped back into cheap equities, Reuters polls showed on Monday.

Dhiraj Sachdev positive on banking space

Dhiraj Sachdev, Senior Fund Manager, HSBC Asset Management is positive on banking space.