Insurance

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

Towards Operational Control

The joint venture model of Indian insurance was never a preferred business architecture for foreign players. The Foreign Direct Investment (FDI) cap evolved from...

Liberty Mutual hikes stake in Indian venture to 74%

Liberty General Insurance Ltd. (LGI) commenced operations in 2013. Till September 2025, Liberty Mutual held a 49 per cent stake in Liberty General Insurance,...

Prudential to buy 75% stake in Bharti Life Insurance

The transaction is for an initial cash consideration of Rs 3,500 crore payable on completion. The transaction will be funded from existing resources, the...

Cabinet approves domestic maritime Insurance Pool

The domestic Insurance Pool aims to reduce dependence on foreign insurers (International Group of Protection and Indemnity Clubs) amid global volatility and geopolitical instability, according...

LIC board gives nod for 1:1 bonus issue

LIC said that it would capitalise sum not exceeding Rs. 6324,99,77,010 (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten...

Rising Freight and Insurance Costs Signal a Deeper Risk to Global Trade

At first glance, the Strait of Hormuz remains open — albeit at significantly higher cost for those willing to bear the risk. But long...

Allianz Jio Reinsurance JV commences operations

Allianz Jio Re received final regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) on 12 March  2026. Based in Mumbai, Allianz...

Prism Johnson exits general insurance JV with Australia’s QBE

Prism said it has entered a share purchase agreement whereby it would sell its 51 per cent stake in Raheja QBE General Insurance Company...

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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....