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Aviva set to buy Direct Line to create $21 billion British insurerDirect Line is poised to recommend a sweetened £3.61 billion takeover bid from Aviva, valuing the company at 275 pence per share. If accept...- UK based Aviva conspired to dodge India compensation and tax rulesAn Indian tax investigation has revealed that British insurer Aviva breached commission regulations by using fake invoices and untracked ca...
- Insurers lift European shares ahead of key economic dataEuropean insurers added 0.7%, with Prudential climbing 2.7% after the Asia-focused insurer posted a higher first-half operating profit.
- European shares reverse losses as insurers shine, yields fallEuropean shares rebounded with the STOXX 600 up 0.2% after insurers surged following positive first-half results from Aviva and Admiral Gro...
- Sebi levies Rs 12 lakh fine on individual for insider trading in Infosys scripSebi had conducted an investigation in the scrip of the firm to ascertain if market norms, including the Prohibition of Insider Trading (PI...
- Aviva sells French business to Aéma Groupe for $3.9 billionThe London-based insurer, led by boss Amanda Blanc, said that the sale would increase excess capital by 2.1 billion pounds ($2.95 billion) ...
- Sachin Bansal's Navi Tech eyes Dabur-Aviva life insurance JVFlipkart co-founder keen to buy out Burman family and UK insurer for Rs 1,000-1,200 crore
- Aviva Investors opposes Cairn India's merger with VedantaOpposing Vedanta's merger deal, Aviva said there was "a risk of the Vedanta Group misallocating capital" of oil producer Cairn India.
- Three senior executives exit Aviva India over violations in stock transactionsSources said that in some trades a few investment officials had sidestepped the rule that allocation of a stock is decided at the time of t...
- IDFC QIP draws big investor interest; stock down over 1%The sale is being done to comply with a Reserve Bank of India rule that mandates maximum foreign shareholding of 49 per cent in a private s...
- Insurers’ promise of higher returns could backfireStung by sluggish growth, life insurers from Reliance Life to Aviva are assuring returns far higher than market average.
- Cable & Wireless Worldwide to fetch Tata Communications key clients to double its turnoverTata Communications may bid for UK’s Cable & Wireless Worldwide (CWW), hoping to add marquee clients such as Tesco, M&S.
- Why BPO firm EXL is growing faster & performing better than peersA conservative approach to buyouts is helping the BPO firm grow faster & perform better than some peers.
- It is difficult for IT cos to understand BPO biz: Vikram Talwar, Founder, EXL Service IncET speaks to Vikram Talwar, Founder, EXL Service Inc, on how he created a $500-million BPO business and stuck around despite the ups and do...
- 'Subscribe' to Punjab and Sind Bank IPO: IIFLIIFL has recommended investors to ‘Subscribe’ to initial public offering of Punjab and Sind Bank. The government owned bank has come out wi...
- Insurer Aviva says profits climb in first halfBritish insurer Aviva revealed on Thursday that first-half profit jumped 21 per cent, lifted by rising sales in Asia and Europe
- Aviva, UBS increase BP stakeSince the start of May, some major investors have bought shares of BP Plc, seeing the stock as a bargain after a sharp fall in price.
- BoR deal to provide a lift to insurance arms of ICICIICICI Bank’s proposed acquisition of Bank of Rajasthan will expand the distribution reach of ICICI Prudential Life Insurance and ICICI Lomb...
- Insurers take cover in rural IndiaIndia's 23 life insurance cos and 21 general insurance firms are experimenting and innovating in terms of product development, pricing poli...
- ‘Offshoring is an emotional decision’EXL Services COO Rohit Kapoor examines some of the issues and concerns around the US slowdown and its impact on the company and the Indian ...
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