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
MUMBAI Stronger state-run banks will get priority in India's more than $32 billion plan to recapitalise the lenders, Reserve Bank of India (RBI) governor Urjit Patel said on Thursday, adding the programme will accompany broader reforms.
Exclusive - More Chinese lenders plan to pursue Reliance Communications in insolvency court: sources
HONG KONG/MUMBAI/BEIJING Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter.
MUMBAI Debt-laden Indian wireless carrier Reliance Communications (RCom) on Thursday said that a majority of its 31 creditor banks have decided to oppose China Development Bank's (CDB) insolvency petition against the company.
MUMBAI/BEIJING Indian telecom player Reliance Communications' (RCom) planned debt restructuring could be complicated by China Development Bank's (CDB) triggering of insolvency action against the beleaguered company.
MUMBAI HDFC Standard Life Insurance Co. is looking to invest more in the capital goods sectors and a range of companies that are expected to benefit from a major government push to build more homes and roads.
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.
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.
MUMBAI Indian mobile carrier Aircel Ltd has delayed servicing its debt obligations, a ratings agency said, adding to the woes of the country's telecoms sector that has been rattled by a price war and high debt levels.
MUMBAI HDFC Standard Life Insurance Co's shares soared by more than a fifth in their trading debut on Friday after a $1.3 billion initial public offering, bucking a trend of tepid market debuts by Indian insurers due to worries over their valuations.
MUMBAI India's Reliance Communications posted a fourth straight quarterly loss and said it failed to pay interest on some debentures, sending the debt-laden firm's shares tumbling 14 percent to a record low and its bonds down on Monday.