India
Swiss banks no longer a safe haven for Indian tax dodgers
Two Indian citizens who argued their Swiss bank account details should not be handed over to Indian authorities in a tax dodging probe have lost their case in Switzerland’s highest court.
Generali doubles up in India
Italy’s Generali Group is increasing its stakes in two insurance joint ventures in India to 49% up from 25.5%, “underscoring its commitment to growing its presence in the local insurance market”.
Legal & General exits Indian life venture with £45m profit
Legal & General Group is to sell its 26% stake in IndiaFirst Life Insurance to private equity firm Warburg Pincus.
Emerging Markets | 15 May 18
Why India is the top EM pick
India has a big demographic story, which is among the reasons why it stands out for us, and why it is the largest single country overweight within our emerging markets (EM) equity allocation, says Jaisal Pastakia, investment manager, Heartwood Investment Management.
Reforms add shine to Indian equities
Government policies have boosted the appeal of Indian equities and the country’s interdependence from global trade risks makes it an attractive long-term bet, according to Blackrock.