SBI in pact with IAG for insurance biz

State Bank of Indiasaid on Monday it has signed an agreement with Insurance Australia Groupto form a joint venture for entering into general insurance business in the domestic market. Under......

Now, Kingfisher turns to foreign carriers for rescue package

Kingfisher Airlines, owned by Indian liquor baron Vijay Mallya, is in talks with two foreign carriers, including International Airlines Group (IAG) -- the owner of British Airways and Iberia -- for......

Regulators' directive to SBI's insurance partner

The government and financial sector regulators have prevailed on Insurance Australia Group (IAG) to route its investment in a general insurance venture with State Bank of India through Singapore,......

IAG pays SBI Rs 500 cr premium for non-life JV

Insurance Australia Group will pay Rs 542 crore (Rs 5.42 billion) for a 26 per cent stake in its general insurance venture, SBI General Insurance Co. The amount includes around Rs 500 crore (Rs 5......