Edition:
India

Abhirup Roy

Mamata Banerjee ends protest against Modi, vows bigger fight

06 Feb 2019

KOLKATA, India West Bengal Chief Minister Mamata Banerjee ended a nearly 48-hour street protest against Prime Minister Narendra Modi on Tuesday, saying she would mount a national campaign to oust his ruling Hindu nationalists.

Budget 2019: Government announces pension scheme targeting 100 million unorganised workers

01 Feb 2019

NEW DELHI/MUMBAI The government on Friday announced a pension scheme targeting at least 100 million workers in the unorganized sector, such as drivers, maids and cobblers, in a bid to woo a critical voter group that Prime Minister Narendra Modi is seeking to sway ahead of a general election due by May.

SBI expects asset quality to improve further after quarterly profit beats estimates

01 Feb 2019

State Bank of India (SBI) on Friday said it expects non-performing asset levels to come down in the short term after it beat expectations with its highest quarterly profit in nearly seven years.

Election worries muddy waters for bond investors in India

30 Jan 2019

MUMBAI Doubts over how India will vote in the coming general election and fears that the government will overspend on persuading people to extend its mandate are keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts.

CBI files case against former ICICI Bank chief Chanda Kochhar

24 Jan 2019

MUMBAI India's federal investigating agency has filed a case of criminal conspiracy and fraud against the former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, a statement from the Central Bureau of Investigation (CBI) showed on Thursday.

Yes Bank names Deutsche Bank's Ravneet Gill as CEO after RBI spat

24 Jan 2019

Yes Bank has hired the head of Deutsche Bank India Ravneet Gill as its new chief executive after the Reserve Bank of India demanded Rana Kapoor was replaced, lifting its shares.

HDFC Life favours high-yield Indian corporate bonds over government debt

30 Nov 2018

MUMBAI India's HDFC Standard Life Insurance is looking to invest in high-yielding Indian corporate bonds rather than longer-term government securities, saying a recent easing of inflation may not last and fiscal worries linger.

Bajaj Allianz Life looks to IT, pharma stocks in 2019

29 Nov 2018

MUMBAI India's Bajaj Allianz Life Insurance is looking to raise its exposure to local IT services companies and drugmakers in 2019, drawn by attractive valuations and easing regulatory issues, even as a strengthening rupee threatens to hurt earnings.

RPT-INTERVIEW-Big Indian insurer bets on oil marketing companies for 2019

29 Nov 2018

MUMBAI, Nov 28 India's Aditya Birla Sun Life Insurance (ABSLI) plans to increase its holdings in oil marketing companies as crude prices come under pressure and valuations in the sector turn attractive ahead of general elections next year.

Big Indian insurer bets on oil marketing companies for 2019

29 Nov 2018

MUMBAI India's Aditya Birla Sun Life Insurance (ABSLI) plans to increase its holdings in oil marketing companies as crude prices come under pressure and valuations in the sector turn attractive ahead of general elections next year.

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