Insurers put IPO plans on backburner

Life insurance companies have put their plans to list their shares on the stock exchanges on the backburner, though they are hopeful of Parliament's nod for the Insurance Bill, which will increase......

BNP to expand India footprint

French banking major BNP Paribas SA, which has separate joint ventures in retail broking, life insurance and mutual funds in India, is looking to expand its business in the country through equity......