All the headlines from our India Topic Page, ordered by recency.
Feb 6 2018 // India’s push toward universal health care has Prime Minister Narendra Modi’s political opponents worried, a top government adviser said.Modi’s government announced a plan last week to provide health...
Jan 25 2018 // SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter.The two sides are examining how the Japanese...
Jan 23 2018 // The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India’s largest conglomerate looks to sharpen its focus on about half a dozen businesses.“Both our...
Jan 12 2018 // Tata Consultancy Services (TCS) Ltd, India’s top IT services firm, said its insurance services business would soon post faster growth thanks to higher client spending but remained cautious on a turnaround in its key...
Nov 29 2017 // Paytm Payments Bank aims to create the world’s largest digital bank with 500 million accounts, envisioning an online financial services provider of everything from wealth management to credit cards and stock market...
Nov 3 2017 // An explosion at a newly commissioned unit of a coal-fired power plant in northern India killed 32 people, while about 80 are still recovering from injuries in one of the nation’s worst industrial disasters in recent...
Oct 25 2017 // State-run General Insurance Corp. of India (GIC Re) slumped as much as 14.5 percent on market debut on Wednesday after raising 111.76 billion rupees ($1.72 billion) in the country’s biggest initial public offering in...
Oct 20 2017 // As global attention focused on hurricanes Harvey and Irma, more than 41 million people across South Asia battled floods and displacement.From Afghanistan in the west to Bangladesh in the east, floods could cost South Asia...
Oct 13 2017 // The Indian government raised about 98 billion rupees ($1.5 billion) on Friday by selling some of its shares in General Insurance Corp of India (GIC Re), the nation’s top reinsurer, in the country’s biggest...
Oct 4 2017 // Across the globe, risks of terrorism and other violence have made tight security at hotels and resorts routine, even in countries where strict gun control laws may help prevent the kind of shooting attack that occurred...
Oct 4 2017 // General Insurance Corp., India’s largest reinsurer, and its owner will seek as much as 113.7 billion rupees ($1.7 billion) after setting terms for the third-biggest initial public offering on record in the South...
Sep 28 2017 // General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc. which won a license to open an Indian office in May, is seeking a larger slice of the world’s fastest-growing reinsurance market.The unit plans to...
Sep 22 2017 // Russian National Reinsurance Co. (RNRC) aims to expand into China, India, the Middle East and Africa to increase income from premiums and diversify beyond Russia, the chief executive said.State-owned RNRC was set up mainly...
Sep 19 2017 // Ed, the global reinsurance, wholesale and specialty broker, has announced the appointment of Minesh Jani as chief executive of Middle East North America (MENA), India and Indian sub-continent. Jani brings two decades of...
Sep 8 2017 // ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year...
Sep 1 2017 // The most devastating floods to hit South Asia in a decade have killed more than 1,400 people and focused attention on the poor planning and lack of preparedness for annual monsoon rains, as authorities struggle to get aid...
Aug 31 2017 // Two toddlers were among 14 people killed in Mumbai after floods caused by heavy monsoon rains destroyed homes and disrupted traffic in India’s financial capital, police said, but lighter-than-feared rain on Wednesday...
Aug 21 2017 // Indian initial public offerings are headed for a record year, as a rush of insurers seek to ride a rally in the local market and tap increasing investor demand for financial assets.At least four Indian insurers are aiming...
Jul 24 2017 // Specialist insurer Markel International has appointed Deepika Mathur to lead its entry into the Indian market. Capacity will be provided by Markel’s Syndicate 3000 at Lloyd’s and business will be written...
May 30 2017 // Canada’s Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company...