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.
India
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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.
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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.
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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.
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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.
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Dalton SP to launch Indian absolute return fund
At the end of September, Dalton SP is to launch a Luxembourg-based India Absolute Return Fund.
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Asia-Pac HNWI population overtakes Europe for first time
Asia-Pacific exceeds Europe in terms of HNWI population for the first time according to new research
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Jersey TIEA signing with India ‘delayed’
A TIEA due to be signed in Mumbai by India and officials from Jersey has been ‘delayed’
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Jersey lawmakers make cross-border mergers easier
Jerseys States Assembly has made it easier for Jersey companies to merge with foreign entities.
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Kotak launches India infrastructure fund
Indian financial services firm Kotak Mahindra is launching the Kotak Infrastructure Fund.
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Gemini India Oeic set for UK launch
A new fund from Gemini Investment Management and Motilal Oswal will give investors a taste of India.
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Improving the framework for foreign investment in India
Harpreet Sajjan highlights a number of changes which will allow easier investment into India.