Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows February 17, 2025 By Aditya Kalra and Nikunj Ohri Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an...
Aviva’s India Officials Approved Brokerage Model Queried by Taxmen December 13, 2024 By Aditya Kalra and Nikunj Ohri An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023...
Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations October 30, 2024 By Arpan Chaturvedi and Aditya Kalra Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an...
Cloudflare Denies Hosting Sites Linked to Data Leak at India’s Star Health September 30, 2024 By Munsif Vengattil and Aditya Kalra U.S. software firm Cloudflare has denied any role in hosting two websites run by a hacker offering for sale stolen...
India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data September 26, 2024 By Munsif Vengattil and Aditya Kalra Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using...
Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation September 4, 2024 By Aditya Kalra British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax...
UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says August 30, 2024 By Aditya Kalra and Nikunj Ohri An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a...
India Regulator to Restart Review Process for IPO of Fairfax’s Digit Insurance: Sources September 30, 2022 By M. Sriram and Aditya Kalra India’s markets regulator will restart a review of a $440 million initial public offering of Digit Insurance after the company...
U.S. House Panel Refers Amazon to Justice Department Amid Competition Probe March 9, 2022 By Aditya Kalra Five members of the U.S. House Judiciary Committee have asked the U.S. Department Of Justice (DOJ) to investigate Amazon.com Inc...
Indian Court Blocks Struggling Future Enterprises Sale of Stake in Insurer Generali March 1, 2022 By Aditya Kalra and Abhirup Roy An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s...