All the headlines from our India Topic Page, ordered by recency.
Jul 24 2020 // Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for lower income individuals, the messaging platform’s country head said on Wednesday.WhatsApp,...
Jul 20 2020 // Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms.The startup plans...
Jul 8 2020 // India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd.The acquisition is subject to customary conditions, including approval...
Jul 7 2020 // CHENNAI/SEOUL – An investigation into a deadly gas leak at a South Korean-owned chemical plant in southern India that killed 12 people in May recommended the factory be moved away from inhabited areas, according to its...
Jun 24 2020 // Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers as a significant proportion of the US$4 billion economic cost was covered by insurance,...
Jun 4 2020 // A cyclone made landfall Wednesday south of India’s financial capital of Mumbai, with storm surge threatening to flood beaches and low-lying slums as city authorities struggle to contain the coronavirus pandemic.Live...
Jun 2 2020 // Mumbai, the financial capital of Asia’s third-largest economy, is likely to be affected by a cyclonic storm Wednesday, potentially causing widespread disruption in business and hurting efforts to fight the virus...
May 21 2020 // The biggest cyclonic storm over the Bay of Bengal in two decades wrecked havoc along India’s east coast and in Bangladesh, killing dozens of people, flooding low-lying areas and affecting power supply.Amphan is...
May 19 2020 // The biggest cyclonic storm over the Bay of Bengal in about two decades may likely weaken as it hits coasts of India and Bangladesh late on Wednesday, with authorities making preparations to evacuate more than 5 million...
May 18 2020 // Tropical Cyclone Amphan has intensified into the equivalent of a Category 5 storm as it tracks toward India and Bangladesh through the Bay of BengalMaximum sustained winds in Cyclone Amphan increased from 75 mph to 160 mph...
May 11 2020 // India has released safety guidelines for restarting manufacturing industries as it partially eases the world’s most expansive pandemic lockdown and tries to avoid further incidents after a gas leak last week.While...
May 7 2020 // An overnight gas leak at an LG Chem Ltd. polymer plant in southern India has killed at least seven people and forced the evacuation of thousands in the city of Visakhapatnam after the company tried to restart operations...
May 4 2020 // International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line...
Apr 20 2020 // Amit Tiwari, chief operating officer at Xceedance, the Boston-based insurance consulting, managed services, and insurtech company, explains the challenges of enabling business continuity plans in the face of a global...
Apr 13 2020 // India’s Future Group has picked UBS Group AG to lead the sale of its stake in an insurance joint venture with Italy’s Assicurazioni Generali SpA, according to people familiar with the matter.Future Group is...
Mar 25 2020 // Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased...
Dec 11 2019 // Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon’s latest edition of its monthly Global Catastrophe Recap...
Dec 10 2019 // Alphabet Inc.’s Google isn’t liable for defamatory content posted on its platforms after 2009, India’s top court ruled, reaffirming immunity for Internet companies in the world’s second-most...
Nov 4 2019 // Catastrophe risk modeling firm AIR Worldwide (AIR) announced it has released a Multiple Peril Crop Insurance (MPCI) Model for India to help support probabilistic assessments of potential losses caused by yield shortfalls...
Oct 25 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading...