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India

Abhirup Roy

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

1:50pm IST

Insurer Aviva India turns to state-run banks on recapitalization plan boost

MUMBAI Aviva Plc's India life insurance joint venture is raising its exposure to the country's state-run banks as it bets the government's $32 billion plan to rescue lenders burdened with record bad loans will boost their prospects.

12:35pm IST

Interview: SBI Life bets on metals, oil and gas sectors for investment growth

MUMBAI SBI Life Insurance Co. Ltd has increased investments in the metals, oil and gas sectors as a rise in energy and metals prices is set to drive growth in commodity stocks, the insurer's chief investment officer told Reuters.

21 Nov 2017

SEBI asks for trading data as it probes WhatsApp messages: source

MUMBAI India's market regulator Securities and Exchange Board of India (SEBI) has asked for trading data on companies mentioned in a Reuters story last week about prescient messages on company earnings in social media chatrooms, a person familiar with the matter told Reuters on Tuesday.

17 Nov 2017

Indian bond market euphoria seen short-lived as mood bearish prevails

MUMBAI Bond market euphoria over an unexpected India sovereign rating upgrade is expected to fizzle out next week, as concern over rising inflation, hawkish central bank rhetoric and fiscal discipline resurfaces.

17 Nov 2017

SEBI to investigate possible leak of company earnings

MUMBAI The Securities and Exchange Board of India (SEBI) will investigate possible leaks of company earnings in social media chatrooms, its chief Ajay Tyagi said on Friday, following a Reuters report this week that revealed prescient messages being posted in private groups.

15 Nov 2017

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

MUMBAI Major Indian share investor Rakesh Jhunjhunwala said he is steering clear of all initial public offerings for now as valuations have skyrocketed amid strong inflows and exuberance in equity markets.

13 Nov 2017

Top Indian fund manager bets on banks as bad loan build-up slows

MUMBAI India's largest mutual fund manager ICICI Prudential is betting on banks to drive a much-awaited recovery in corporate earnings in 2018, as additions to their record pile of sour loans slow after surging in the past two years.

09 Nov 2017

India touts bank note ban, opposition fumes and Nepal short-changed

NEW DELHI/MUMBAI Indian officials extolled last year's shock ban on high denomination bank notes as a success on Wednesday, while opponents staged protests and Nepal said its citizens were still stuck with billions of rupees in old money.

07 Nov 2017

ICICI Pru Life turns to IT, pharma after risky telecom bet payoff

MUMBAI Fund managers at India's largest private sector life insurer, ICICI Prudential Life Insurance, are turning their attention to the technology and pharmaceutical sectors following bumper payoffs from a contrarian bet on the country's telecommunications sector.

11 Oct 2017

Indian investors eye GST impact on July-Sept corporate earnings

MUMBAI/BENGALURU Profits from India's top firms are expected to have swung back to growth in July-September from a decline in the previous quarter, though economic headwinds are likely to have kept the pace of growth sluggish.

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