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...
Tropical Cyclone Burevi Heads to Southern India After Ramming Sri Lanka December 3, 2020 By Waruna Karunatilake COLOMBO — The Burevi tropical cyclone is headed towards southern India, authorities said on Thursday, after it slammed Sri Lanka’s...
India Weighs Sale of 25% Stake in Nation’s Biggest Life Insurer September 30, 2020 By Siddhartha Singh India is planning to seek cabinet’s approval to sell 25% stake in the nation’s largest life insurer, people with knowledge...
Facebook’s WhatsApp to Expand Indian Partnerships to Offer Pensions, Insurance July 24, 2020 By Sankalp Phartiyal Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for...
QBE Sells Stake in India Insurance Joint Venture to Fintech Platform Paytm July 8, 2020 India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd....