All the headlines from our India Topic Page, ordered by recency.
May 26 2021 // CHENNAI – Automaker Renault-Nissan will shut its plant in India’s southern Tamil Nadu state until May 30, according to an internal note and two sources familiar with the matter, a day after workers said they would...
May 26 2021 // BHUBANESWAR, India – Storm surges inundated dozens of villages in eastern India on Wednesday after a powerful cyclone moved inland from the Bay of Bengal, damaging thousands of mud homes in two coastal states and killing...
May 25 2021 // CHENNAI, India – Automakers Renault, its alliance partner Nissan Motor Co. and Hyundai Motor Co. face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19...
May 24 2021 // NEW DELHI – Personal data of about 4.5 million passengers of Air India was leaked in a cyber attack on the airline’s data processor but the compromised servers were later secured, the Indian state-run carrier said...
May 24 2021 // India braces for the second severe storm in about 10 days, with authorities in the eastern region preparing to evacuate people to safer places at a time when the country is battling the world’s worst outbreak of...
May 19 2021 // AHMEDABAD/MUMBAI – Naval vessels and aircraft scoured the waters off India’s west coast late on Wednesday after the most powerful cyclone in more than two decades battered the region, sinking an oilfield...
May 18 2021 // A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp. prompting a massive operation to rescue 96 people missing from the vessel.“Long-range maritime...
May 17 2021 // A severe cyclonic storm made landfall on India’s west coast, home to major refineries and ports, causing heavy rain and strong winds at a time when the nation is already battling the world’s worst outbreak of...
May 12 2021 // Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter.The Amazon.com Inc.-backed startup is looking to...
May 4 2021 // India’s Choice Group has launched an insurance aggregator platform called ISMOS that will offer life, health and general insurance.Suyash Patodia, executive director of Choice Insurance Broking, calls ISMOS is a...
Apr 28 2021 // Fairfax Financial Holdings announced that it has made a commitment of US$5 million (approximately INR 37 crore) to fund initiatives to assist India with the recent surge in COVID-19 cases and the country’s urgent...
Mar 22 2021 // India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give a fillip to an economy battered by the pandemic.Lawmakers approved a legislation increasing the limit on...
Mar 2 2021 // India’s central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than half of what the current regulations permit, three sources with knowledge of the...
Feb 9 2021 // Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by flash floods that have killed at least 11 people.The rescue team of Indo-Tibetan Border...
Feb 1 2021 // NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country’s insurance industry, a move that could attract inflows from U.S. and European...
Dec 14 2020 // Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India.Anviti will transition to the Aon brand pending regulatory approvals. Financial...
Dec 4 2020 // CHENNAI – A cyclone that brought heavy rain to parts of southern India and neighboring Sri Lanka has weakened into a “practically stationary” deep depression, India’s weather office said on Friday.It...
Dec 3 2020 // COLOMBO — The Burevi tropical cyclone is headed towards southern India, authorities said on Thursday, after it slammed Sri Lanka’s east coast earlier this week but caused little damage.The India Meteorological...
Sep 30 2020 // India is planning to seek cabinet’s approval to sell 25% stake in the nation’s largest life insurer, people with knowledge of the matter said, as Prime Minister Narendra Modi seeks resources to plug a widening...
Sep 3 2020 // A new fire broke out on a supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka, spokesmen for the country’s navy said on Thursday, adding that one of its 23 crew was...