A.M. Best Revises Issuer Credit Rating Outlook to Positive for Cincinnati Financial Corporation and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the... Read more »

H&M’s India sales nearly double

The company’s sales growth, however, has slowed. For the quarter ended November, sales rose 20% to Rs 247 crore compared with over 50% increase during... Read more »

KBRA Assigns Preliminary Ratings to UBS 2018-C8

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of UBS 2018-C8 (see ratings list below), a $1.0 billion CMBS conduit transaction... Read more »

Digital transactions on the rise but fall drastically short of 25-billion target

Only about 14.8 billion digital transactions were undertaken across India from April 1 to January 28, show data sourced from the ministry of electronics and IT (MeitY). Read more »

A.M. Best Upgrades Credit Ratings of Global Atlantic Financial Group Limited and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” of Commonwealth Annuity and... Read more »

A.M. Best Affirms Credit Ratings of PMG Assurance Ltd.

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of PMG Assurance Ltd. (PMG) (Bermuda). The outlook of these Credit... Read more »

ONGC buys govt’s entire 51.11% stake in HPCL for Rs 36,915 crore

In a regulatory filing, ONGC said it bought 77.88 crore shares in Hindustan Petroleum Corp Ltd (HPCL) for Rs 473.97 per share. Read more »

How Michelle Weinstein Built a Business as the Pitch Queen

Michelle Weinstein, the Pitch Queen, chats with Ramon Ray for his latest Smart Hustle Report and shares her sales pitch tips. Read more »

SBI receives board approval to divest 4.40% stake in CCIL

The Executive Committee of Central Board (ECCB) in its meeting held today has accorded its approval for divestment of 22 lakh equity shares. Read more »

S.K Barua takes over as Managing Director of Numaligarh Refinery Limited

Barua was selected by Public Enterprise Selection Board and the Appointments Committee of the Cabinet (ACC) has approved the same on January 24,,2018 . Read more »