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...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...An official at an Indian state-owned oil company which bought some of this oil told the FT that Indian buyers were buying inclusive of shipping costs....
...In Mumbai, visits to the Indian companies’ offices provide few additional answers on Gatik and Buena Vista....
...Another Indian company takes second place: BigHaat, an agritech business, with a 304 per cent CAGR....
...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
...In a more mercantilist world, a clear pattern is emerging in India’s trade policy strategy: if companies or countries want freer access to the big and growing markets of the world’s fifth-biggest economy...
...Sunak’s wife, Akshata Murty, has shares in the company worth an estimated £625mn....
...Peak XV’s portfolio suffered its share of difficulties, including Indian education company Byju’s and Singapore-based online fashion group Zilingo....
...Its auditor, Deloitte, resigned as the company’s losses nearly doubled from a year prior. It also ran into trouble with Indian authorities over foreign exchange rules. In September, things got weird....
...Analysts expect JFS to buttress the Indian conglomerate’s digital and retail growth through lending, insurance and asset management....
...Earnings: Japanese insurance companies Tokio Marine, MS&AD and Sompo will publish their fiscal second-quarter results....
...Those two companies were also the only non-Adani customers of Taurus, in the Indian customs records reviewed by the FT....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...points on Wednesday, spurred by buying from foreign pension and insurance funds....
...In addition, their share of insurance start-up Policybazaar doubled to nearly 30 per cent. For lifestyle company Nykaa, it’s up one-and-a-half times to 10 per cent....
...Ariely said Irrational Capital was working with the bank to develop a corporate culture strategy tailored to fit the needs of insurance companies....
...Indian ride-hailing company Ola Cabs has hired Hemant Bakshi, a former Unilever executive, as its chief executive, Bloomberg reports....
...From 2000 to 2019, life expectancy at 60 rose by two years for both Indians and Americans, to 78 and 83 respectively....
...The Indian Express suggests serious game-changing discussions are going on in the Indian government about dropping its fierce objections to cutting tariffs in bilateral trade deals....
...Dr Kaushal Kadam More and more Indian patients started seeking help....
...For Star, the Indian entertainment business Disney inherited when it acquired 21st Century Fox, cricket is crucial. And no property is more coveted than the Indian Premier League....
...“Today we issue close to 120,000 loans a day and over 200,000-250,000 insurance policies per day,” said Sanjiv Bajaj, chair of holding company Bajaj Finserv....
...Have rising insurance premiums become a de facto carbon levy for consumers? A Big Read looks at the spiralling cost of insuring against climate disasters....
...It has a historically low correlation with other asset classes and acts as “insurance” during falling markets and times of geopolitical stress....
...New Delhi blocked the film and ordered social media companies to take down links to it. Online, many Indians defended Modi’s reputation and attacked the film....
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