New Delhi, May 5: The Centre will review in August its decision to allow bluechip state-owned companies to invest 30 per cent of their surplus funds in public sector mutual funds.

With the finance ministry yet to respond to the insurance industry's demand for relaxation of capital investment norms and introducing health insurance as a separate segment, industry biggies like Malvinder Singh and Shivinder Singh of Ranbaxy and Fortis

Lombard Group has sold its online insurance and mortgage broking company Maestro to the general manager of that business.

DIFC, June 02, 2008 -- Moody's Investors Service has assigned long term local and foreign currency issuer ratings of Baa2 to Gulf General Investment Company ("GGICO"), a Dubai based public shareholding company engaged in a number of diversified activit

Global Investment House ('Global') and Dubai Islamic Bank ('DIB') announced the approval of their $500m Islamic Buyout Fund by the Central Bank of Bahrain, which will provide investors access to Shari'a-compliant private equity investments, a largely