India Likely to Block Chinese Investment in IPO of Insurance Giant LIC: Reuters September 23, 2021 By Aftab Ahmed, Manoj Kumar and Nupur Anand New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp. (LIC) which is...
Reuters Exclusive: India Central Bank Seeks Limit on Banks’ Ownership in Insurers March 2, 2021 By Nupur Anand and Swati Bhat India’s central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than...
With Insurance and Gold, Amazon’s Pushing to Make India Its Fintech Center September 2, 2020 By Sankalp Phartiyal and Nupur Anand NEW DELHI/MUMBAI — Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to...