IL&FS sells Chinese road assets, cuts Rs 2.6k cr debtThis is the largest transaction for IL&FS since the sale of its wind energy assets to Orix.
02 Apr, 2021, 12.23 PM IST
IL&FS gets approval to sell China road assetIL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) t...
24 Dec, 2020, 02.04 PM IST
IL&FS to sell Chinese road asset for Rs 2074 croreIL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...
23 Dec, 2020, 07.03 PM IST
CarDekho raises $70 million in new funding round led by Ping An Global Voyager FundSunley House Capital Management is the second new investor, while CarDekho’s existing backers, Sequoia Capital and Hillhouse also participa...
06 Dec, 2019, 10.58 AM IST
JPMorgan fund manager says always buy the dip in emerging marketsIndian banks are starting to win market share as more people seek financial services.
04 Jul, 2019, 09.47 AM IST
China traders paying double for PICC shares after IPO surgePICC Group was the first insurance company to list on the mainland in seven years.
23 Nov, 2018, 09.29 AM IST
PolicyBazaar looks for cover in SoftBank’s healthy startup listFirm planning to work with China’s Ping An Insurance Group as a model for DocPrime.
13 Aug, 2018, 04.21 PM IST
Total market cap of top 100 global companies reaches USD 20 trillion: ReportAmazon is the strongest performer in terms of absolute increase in market capitalisation, gaining USD 278 billion or 66 per cent in value c...
28 Jun, 2018, 06.54 PM IST
- HSBC enters China's life insurance market
HSBC Life Insurance Co, a joint venture set up by HSBC and the Beijing-based National Trust, opened for business in Shanghai marking global...
27 Aug, 2009, 04.08 PM IST
- Chinese insurer to record $2.3 bn loss on Fortis
Ping An Insurance Co., one of China's biggest insurers, said Monday it will record a $2.3 billion loss on its stake in troubled European ba...
06 Oct, 2008, 08.46 AM IST
- China's Ping An to take $2.3 bn loss on Fortis
Ping An Insurance said on Sunday that it would report a loss of about 15.7 billion yuan ($2.3 billion) on its investment in troubled Europe...
05 Oct, 2008, 08.25 PM IST
- Generali pulls out as RBS Insurance deadline nears
Italy's Generali dropped out of the running for Royal Bank of Scotland's insurance arm on Wednesday, hours ahead of a first bid deadline, p...
28 May, 2008, 06.29 PM IST
- Global churn may bring Chinese insurance firms to India
Chinese insurance firms could end up having a strategic stake in life insurance in India if their global acquisition plans attain fruition.
23 May, 2008, 03.00 AM IST
- Chinese shares slightly higher in morning trade
China share prices were slightly higher in Friday morning trade as sentiment improved after Ping An Insurance held off its massive refinanc...
09 May, 2008, 08.58 AM IST
- Chinese insurer acquires 4.2% in Fortis for $2.7 bn
China’s state-owned companies spent almost $17 billion on overseas financial purchases in 2007, buying stakes in Barclays, Bear Stearns, Bl...
30 Nov, 2007, 12.20 AM IST
- China to allow insurers to double stock play
China will allow insurers to double the share of assets invested in local equities.
13 Jul, 2007, 04.36 AM IST
- Banking investment in China set to skyrocket
Around $5.7 billion in insurance capital could flood into China's banking sector this year after the nation's insurance watchdog unveiled a...
17 Oct, 2006, 11.50 AM IST