India’s life insurance sector has taken the first steps toward consolidation while private insurers are taking the fight to the government-owned Life Insurance Corp (LIC).
IFC's venture capital arm has increased the pace of its investment in the past years and India, along with China, continues to be its biggest market.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd is looking to acquire a stake of more than 10% in Kerala-based Catholic Syrian Bank, according to a report.
The United Kingdom’s exit from the European Union (EU) will have wide-ranging ramifications on not just Europe but also on countries across the world. Emerging economies including India could be affected by the reverberations of the result.
The historic result triggered a sell-off in global markets, with Asian and Indian bourses also slipping into the red.