Indian Fintech Startup Aims to Win Insurance Clients with Fresh $200M Funding Round July 2, 2021 By Saritha Rai Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort...
Gallagher Acquires 100% Stake in India’s Edelweiss Gallagher Insurance Brokers July 2, 2021 Gallagher announced the acquisition of Edelweiss Gallagher Insurance Brokers Ltd. (EGIBL) from Edelweiss Group, one of India’s leading diversified financial...
Ford Halts Production at Southern India Plant as COVID-19 Cases Surge May 28, 2021 By Sudarshan Varadhan CHENNAI – Ford Motor Co. said it will halt production at its car plant in India’s southern state of Tamil...
Renault-Nissan Shuts South India Plant Until May 30 on COVID Safety Concerns May 26, 2021 By Sudarshan Varadhan and Aditi Shah CHENNAI – Automaker Renault-Nissan will shut its plant in India’s southern Tamil Nadu state until May 30, according to an...
Renault-Nissan, Hyundai Face Factory Closures in India over Workers’ COVID-19 Fears May 25, 2021 By Sudarshan Varadhan CHENNAI, India – Automakers Renault, its alliance partner Nissan Motor Co. and Hyundai Motor Co. face temporary factory closures in...
Amazon-Backed India Insurer Startup Eyes Funding Round that Could Create $1B Value May 12, 2021 By Baiju Kalesh Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than...
India Increases Limit on Foreign Direct Investment in Insurance Companies March 22, 2021 By Vrishti Beniwal India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give...
India’s New Rules for Insurance Investments Could Attract U.S., European Insurers February 1, 2021 NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can...
Aon Acquires India’s Anviti Insurance Brokers December 14, 2020 Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm...
Cyclone Burevi Weakens After Bringing Heavy Rain to Southern India December 4, 2020 CHENNAI – A cyclone that brought heavy rain to parts of southern India and neighboring Sri Lanka has weakened into...