Cognizant bags multi-year IT deal from Insurer AXAAXA is looking at a more digitally enabled technology ecosystem with a focus on overall costs, and Cognizant will provide a wide range of I...
Tube Investments climbs 11% on stake sale in insurance JVAXA in May announced its intentions to increase its stake in Bharti AXA Life Insurance. UK's Bupa too has raised its stake in Max Bupa JV.
Europe's Ageas may hike stake in IDBI Federal Life to 49%The domestic partners -- IDBI Bank and Federal Bank-- are exploring the option of diluting their stake in the life insurance venture.
Modi govt's first major reform: Parliament approves long-pending Insurance BillThe Insurance Laws (Amendment) Bill had been passed by the Lok Sabha earlier this month but ran into opposition in the Upper House.
Many insurance companies headless as top executives quit amid pressure from stakeholders to raise revenuesWith the government raising the foreign holding limit to 49%, from 26%, stakeholders want to raise revenues and profits to get higher valua...
- PNB to finalise life insurance partner by June
Last year, PNB decided to part ways with it foreign partner in a proposed life insurance joint venture it set up four years ago.
- Resolution buys AXA businesses in UK for 2.75 bn pounds
British insurer Resolution announced on Thursday that it has acquired French insurer AXA's life insurance and savings businesses in Britain...
- AXA in talks to sell British businesses for 3.3 bn euros
French insurance AXA giant said on Monday that it was in talks with British rival Resolution to sell its life insurance and savings busines...
- Resolution Group confirms in talks on Axa UK units
Britain's Resolution Group has confirmed it is in talks about buying the UK life operations of French insurance group Axa.
- Big IT to gain as global cos tap best-of-breed vendors
Top Indian tech firms including TCS, Infosys and Wipro are currently pursuing several outsourcing contracts worth $150-200 million each.
- Bidders eye AIG unit as $60 bn loss looms
American International Group received bids from MetLife Inc and Axa SA for a life-insurance unit spanning more than 50 countries, Bloomberg...
- Axa-Bharti in joint venture for art insurance in India
The biz of art insurance will come to India, with French insurer Axa participating in a general insurance JV with Bharti. Sotheby's Art | W...
- Axa-Bharti lines up MF, non-life foray
France’s Axa Group will pursue a joint venture in mutual funds and non-life insurance with its life insurance partner Bharti group.
- Quatrro, Capita in race to acquire Liberata
It’s another global BPO acquisition in the offing and this time the target is one of the largest UK-based outsourcing companies, Liberata.
- HDFC may go solo if AXA bid for Standard Life goes through
Housing Development Finance Corporation (HDFC) has an exit clause in its joint venture (JV) agreement with Standard Life Insurance .
- Takeover interest revives in Lloyds’ insurance arm
UK bank Lloyds faces renewed interest in its Scottish Widows insurance arm, with bidders potentially flushed out after two European insurer...
- Bharti Airtel net rises 48% to Rs 755 crore
Bharti Airtel, the country’s largest GSM cellular operator, has increased net profit by 48% to Rs 755 crore during the first quarter (Q1) o...