RBI delays discussing easing PCA rules despite government pressure

The RBI did not address the prompt corrective action plan despite intense pressure from the govt. Read more »

AM Best Removes from Under Review with Developing Implications and Upgrades Credit Ratings of XL Group Ltd, Its Main Property/Casualty Subsidiaries and XLIT Ltd.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term... Read more »

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of AXA Global Re

LONDON--(BUSINESS WIRE)--AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of AXA Global Re... Read more »

25 Places to Buy Business Christmas Cards

Looking to send your clients and employees business Christmas cards this year? Here are some options on where to buy them. Read more »

Cabinet approves REC takeover by Power Finance Corporation

Arun Jaitley said a ministerial committee constituting himself, power minister R K Singh and road transport minister Nitin Gadkari will work out modalities of the acquisition based on recommendations submitted by a... Read more »

NHPC to acquire 500 MW Lanco Teesta project for around Rs 900 crore

NHPC is expected to complete the takeover in the next three to four months and can finish the project in three to four years as its construction is almost 50 per cent... Read more »

Tata Steel BSL raises Rs 12,000 crore to refinance

In November, a Rs 12,000-crore facility was contracted in Tata Steel BSL from a syndicate of five banks. Read more »

KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2018-SPI4

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of certificates from Freddie Mac’s Structured Agency Credit Risk (STACR) Securitized Participation Interests Trust, Series 2018-SPI4 (STACR 2018-SPI4... Read more »

Tripura CM Biplab Kumar seeks Amul India help to develop dairy industry

The chief minister hoped that help from Amul will help in solving unemployment to some extent besides fulfilling the state's demand for milk, it said. Read more »

Business Intelligence Helps This Sustainable Energy Company Take on Industry Giants — and Win

Sponsored Post Harnessing business intelligence benefits, this company turned every day record-keeping into actionable tasks that effectively drive bottom line results. Read more »