Jio Monetary Companies ties up with Allianz for 50:50 reinsurance three way partnership — What this implies

[ad_1] Jio Monetary Companies on Friday introduced a 50:50 three way partnership with Germany’s Allianz Group for a home reinsurance three way partnership to serve the Indian market. The Jio Monetary-Allianz JV was signed via the German firm’s wholly-owned subsidiary Allianz Europe BV. It would launch operations after receiving statutory and regulatory nods. Moreover, the … Read more

Weaver Providers scouts for buyout targets as launch nears

[ad_1] Premji Make investments and Gaja Capital-backed housing finance firm Weaver Providers has acquired investor commitments of ₹1,500 crore and can begin operations earlier than the tip of this month, founder Satrajit Bhattacharya stated. Weaver Providers, which acquired Capital India House Loans Ltd for ₹267 crore in October, is scouting for 2 extra mortgage lenders, … Read more

India will get a brand new No. 7 IT companies firm as churn continues

[ad_1] Noida-based Coforge, previously NIIT Applied sciences Ltd, reported $442 million in income for the three months ended June 2025, rising 9.6% sequentially. Bengaluru-based Mphasis’s income rose 1.6% to $437 million throughout the first quarter. Coforge has jumped three spots in lower than a 12 months. It had nudged forward ofPersistent Methods Ltd in September … Read more

Three years on, AI is prompting IT companies firms to chop workforce.

[ad_1] The corporate attributed the choice, which is able to primarily affect senior and middle-level workers, partly to AI. “TCS is on a journey to develop into a future-ready group,” an organization assertion stated on Sunday. “This consists of strategic initiatives on a number of fronts together with investing in new-tech areas, getting into new … Read more

Provident Monetary Providers, Inc. (PFS) Q2 2025 Earnings Name Transcript

[ad_1] Provident Monetary Providers, Inc. (NYSE:PFS) Q2 2025 Earnings Convention Name July 24, 2025 2:00 PM ET Firm Individuals Adriano M. Duarte – Government VP & Investor Relations OfficerAnthony J. Labozzetta – President, CEO & DirectorThomas M. Lyons – Senior EVP & CFO Convention Name Individuals Feddie Justin Strickland – Hovde Group, LLC, Analysis DivisionManuel … Read more

London Heathrow to Pour £10 Billion Into Terminals, Services

[ad_1] (Bloomberg) — London Heathrow Airport plans to invest £10 billion ($13.6 billion) over the next five years to upgrade its terminals and services after the dominant UK hub slipped in global airport rankings. Heathrow submitted an investment plan for review to the UK’s Civil Aviation Authority that involves redesigning terminals, improving punctuality through AI … Read more