India
United Kingdom | 12 Jul 13
indian bank axis sets up first branch in uk
India’s third-largest lender Axis Bank yesterday unveiled its first branch in the UK after obtaining permission to set up in April.
banks share of indian insurance market growing
As they have tended to do in other emerging markets, banks have increased their share of the market for life insurance in India over the past six years, significantly reducing the business handled by individual insurance agents, representatives of Standard Life’s India joint venture insurance business told analysts and investors in London.
fidelity to sell indian fund arm
L&T Finance Limited, a subsidiary of technology, engineering and construction group Larsen and Toubro, is set to acquire Fidelity Worldwide Investments Indian mutual fund business.
india to open stock market to foreign investors
Foreign investors are to be allowed direct access to Indian equities, in a policy shift designed by the Indian government to increase the depth of the stock market and increase foreign inflows into the country.
barings finally launches India equity fund
Baring Asset Management’s plans to launch an India equity fund have finally come to fruition, as its new head of Indian equities has quickly stamped his mark on the firm’s product range.