A.M. Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to Fairfax Financial Holdings Limited’s (Fairfax) (Toronto, Canada) [TSX: FFH and FFH.U] recently announced CAD 650 million... Read more »

(POLL) Does Your Business Provide Mobile Phones for Employees?

This week's poll question finds out what your company's employee mobile phone policy is -- do you provide them to employees or is it a BYO situation? Read more »

Air India to be sold as one entity: Jayant Sinha

The government has initiated the process for strategic disinvestment of debt-laden Air India as part of efforts to revive the national carrier. Read more »

Auto makers post healthy double-digit sales growth in November

Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales, the companies said. Read more »

Kashmir is turning into a hot property for hotel chains

Despite its perception as a stressed tourist market, occupancies and room rates for existing properties have been impressive, leading to a lot of planned hotel launches. Read more »

India’s renewable energy push, if done properly, could mean a lot of jobs

Renewable power could generate more than 330,000 new jobs over the next five years. These jobs would be in many areas like construction, project design, etc. Read more »

Coal stocks at power plants increase by 2 MT in November

Since the beginning of November, stocks at some 110-odd power plants increased by 2 million tonnes to near 10 MT, which is enough for 7 days on an average. Read more »

State oil companies to add 5,000 distributors for LPG by 2019

The past three years have witnessed a spectacular rise in access to cooking gas, putting strain on the current distribution network that hasn’t grown as... Read more »

NCLT rejects Exim Bank’s claim of Rs 625 crore on JEKPL

The bank had invoked its claim on March 30, almost two weeks after corporate insolvency resolution process (CIRP) was initiated against the company on March 17. Read more »

How can Oscars celebrate in Weinstein’s long shadow?

Harvey Weinstein may have been expelled from the Academy of Motion Picture Arts and Sciences, but he has left lasting marks on the Oscars race Read more »