Latest India Headlines
All the headlines from our India Topic Page, ordered by recency.
India Plans to Ease Nuclear Liability Laws to Attract Foreign Firms, Sources Say
Apr 21 2025 // India is planning to ease its nuclear liability laws to cap accident-related penalties on equipment suppliers, three government sources said, in a move mainly to attract U.S. firms that have been holding back due to the...
Peak Re Granted License to Open Reinsurance Branch in India
Apr 4 2025 // Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak Re has been authorized to write both property/casualty and life & health business,...
Allianz, Jio Financial Said to Reach Initial Deal for India Joint Venture
Mar 20 2025 // Billionaire Mukesh Ambani’s Jio Financial Services Ltd., has reached a preliminary agreement with Allianz SE to form an insurance business in India, according to people familiar with the matter. The move comes as the...
Wikimedia Challenges India Content Takedown, Warns of Chilling Effect on Free Speech
Mar 19 2025 // The Wikimedia Foundation, which runs Wikipedia, has asked India’s Supreme Court to quash an order directing the online encyclopedia operator to take down a page describing its legal dispute with a domestic news...
Allianz to Sell India JV Stake to Local Partner for €2.6 Billion
Mar 18 2025 // Allianz SE has agreed to sell its 26% stake in Indian joint ventures for about €2.6 billion ($2.8 billion) to local partner Bajaj Group, according to a statement. The German insurance company has entered into binding...
India Insurers Look to Hike Health Premiums as Pollution Stings
Feb 21 2025 // Indian insurers are considering making New Delhi residents pay 10% to 15% more for new health policies after an extraordinary spike in claims related to air pollution in 2024 in India’s capital, according to nine...
Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows
Feb 17 2025 // Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed...
India Is Building a Sanctions-Proof Supply Chain for Russian Oil
Feb 13 2025 // Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect. Speaking on the...
Generali Global Corporate & Commercial Enters Launches Business Unit in India
Jan 27 2025 // Generali Group has launched a new business unit – Global Corporate & Commercial (GC&C) India – within its joint-venture company Future Generali India Insurance. The moves further strengthens Generali’s...
India Widens Approvals for Russian Insurers After Oil Sanctions
Jan 23 2025 // India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing, after the US imposed fresh sanctions earlier this month. As well as extending...
Tougher US Sanctions to Curb Russian Oil Supply to China and India
Jan 13 2025 // Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow’s top...
W. R. Berkley Launches Branch Office in India
Dec 19 2024 // W. R. Berkley Corp., the Greenwich, Connecticut-based insurer, announced that Berkley Insurance Co. has received regulatory approval to launch a branch office in India. The new branch, Berkley Insurance Co., IFSC Branch...
Aviva’s India Officials Approved Brokerage Model Queried by Taxmen
Dec 13 2024 // An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company...
Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations
Oct 30 2024 // Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an inquiry into a former employee’s accusations of religious discrimination at work, documents seen by...
Ambani’s Jio in Talks With Allianz for Insurance JVs in India
Oct 23 2024 // Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance partnership in India as the German firm seeks to scrap two existing joint ventures in the country,...
Allianz Mulls Ending Decades-Old Bajaj Insurance India JVs
Oct 22 2024 // Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter. Allianz plans to exit Bajaj Allianz Life...
Tata iPhone Component Plant in India Halts Production Indefinitely After Fire
Sep 30 2024 // Production will remain suspended indefinitely at a Tata Electronics plant in southern India that makes Apple iPhone components after a fire at the weekend, officials said on Monday as they acted to prevent further damage...
Cloudflare Denies Hosting Sites Linked to Data Leak at India’s Star Health
Sep 30 2024 // U.S. software firm Cloudflare has denied any role in hosting two websites run by a hacker offering for sale stolen personal data and medical records of customers of top Indian insurer Star Health. The statement comes after...
India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
Sep 26 2024 // Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using chatbots on the messaging app to leak personal data and medical reports of policyholders. The...
Probe Into EY India’s Office After Worker’s Death Finds it Lacked Labor Welfare Permit
Sep 25 2024 // An Ernst & Young (EY) office in western India, which employed a 26-year-old who allegedly died after facing a high workload, has operated since 2007 without a state permit which regulates work hours, a senior...
