All the headlines from our India Topic Page, ordered by recency.
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...
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,...
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...
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...
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...
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...
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...
Sep 18 2024 // Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow’s export revenue...
Sep 11 2024 // DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter.The Singapore-based lender is working with...
Sep 4 2024 // British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax evasion practices.Reuters reported on Friday that an Indian tax agency has...
Aug 30 2024 // An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by...
Jul 31 2024 // NEW DELHI (AP) — Multiple landslides in southern India have killed 93 people and many others are feared trapped under the debris, officials said Tuesday, after torrential rains triggered torrents of mud and water that...
Jun 25 2024 // Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance...
Jun 19 2024 // Zurich Insurance Company Ltd. has completed the acquisition of a 70% stake in Kotak Mahindra General Insurance Co. Ltd. for US$670 million – marking the largest foreign investment in India’s general insurance...
Jun 4 2024 // Fairfax India Holdings Corp. on Monday said Prem Watsa, popularly known as “Canada’s Warren Buffett,” will step down as the investment firm’s chairman.He will be replaced by his son Benjamin Watsa,...
May 28 2024 // Strong gales and heavy rain triggered by the first major cyclone of the year lashed the coastlines of India and Bangladesh on Monday, killing at least 16 people and cutting power to millions.The winds had not stopped as...
May 13 2024 // India’s ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions, according to its website, with the vessels instead turning to a domestic...
Apr 15 2024 // This edition of International People Moves details appointments at Aon, Berkshire Hathaway Specialty Insurance (BHSI) and AXIS Capital Holdings.A summary of these new hires follows here. Aon Promotes Sapra as CEO of...
Apr 15 2024 // Apple Inc has warned its users in India and ninety-one other countries that they were possible victims of a “mercenary spyware attack,” according to a threat notification email that was sent to targeted...
Mar 18 2024 // The Indian navy said late Saturday that it had taken control of a bulk carrier hijacked by Somali pirates and evacuated the 17 crew members on the vessel.In a statement on X, the navy said all 35 pirates on board the...