HSBC acquires 93.86% stake in Investsmart
MUMBAI: Foreign lender, HSBC, on Tuesday announced the acquisition of 93.86 per cent stake in leading Indian brokerage, IL&FS Investsmart for a sum of Rs 1,311 rore (around USD 296.4 million).
HSBC had acuired a 73.21 per cent stake in...