Latest news with #Kolkata
Zawya
13 hours ago
- Business
- Zawya
Prudential plc CEO Expresses Strategic Commitment to India in Meeting with Union Finance Minister Nirmala Sitharaman
Anil Wadhwani highlights Prudential's historic ties, its proposed new health insurance joint venture partnership with the HCL Group, existing joint venture partnership with ICICI, Prudential's Global Capability Centre, and alignment with India's 'Insurance for All by 2047' vision NEW DELHI, INDIA - Media OutReach Newswire - 20 June 2025 - Prudential plc ("Prudential") Chief Executive Officer, Anil Wadhwani, met yesterday with Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Government of India, emphasising India's strategic importance to the UK FTSE100 insurer and asset manager operating across Asia and Africa. Prudential provides life insurance solutions in India through ICICI Prudential Life Insurance Company Limited, a preeminent life insurer and the first private insurance company listed in India. It also has a market-leading asset management presence via a separate joint venture with ICICI Bank, ICICI Prudential Asset Management Co. Ltd. Earlier this year, Prudential announced plans to establish a standalone health insurance joint venture with Vama Sundari Investments (Delhi) Private Limited, a promoter company of the HCL Group. During the meeting, Mr. Anil Wadhwani remarked: "We are deeply proud of our heritage in India, which began with our first branch in Kolkata in 1923. India is a core strategic market for Prudential. As the country advances towards its vision of 'Insurance for All' and continues to address the challenge of underinsurance, we see significant opportunities to bring our global expertise in protection, savings, and health solutions to serve the evolving needs of Indian consumers. Our long-standing connection with India, including our sponsorship of the historic 1983 Cricket World Cup, India's first World Cup victory, reflects our commitment to its growth and aspirations." Highlighting health as a shared strategic priority, Mr. Wadhwani conveyed the company's commitment to leveraging its global expertise and technology to help Indian consumers access affordable and quality healthcare coverage. This aligns with the Government of India's vision of "Insurance for All by 2047". India is not only a key strategic insurance market but also an incredible source of talent. Prudential recently launched a Global Capability Centre in Bengaluru. This strategic hub serves as a global centre for technology, AI, data analytics, cybersecurity, and innovation. Concluding the meeting, Mr. Wadhwani said: "India's economic progress over the past decade has been remarkable. With sustained capital investment in infrastructure and proactive government economic measures to stimulate growth, we remain excited about India's long term growth prospects. We look forward to continuing our constructive collaboration with the Indian government to support its development goals and to build enduring insurance and technology businesses." During the visit, Mr. Wadhwani also met with senior officials from the Department for Promotion of Industry and Internal Trade (DPIIT) and the Prime Minister's Office. On X: Hashtag: #Insurance #Business #Prudential The issuer is solely responsible for the content of this announcement. Background on Prudential in India Prudential has over 100 years of history in India. It has offered life insurance solutions in India since the 2001 establishment of ICICI Prudential Life Insurance Company Limited, a joint venture with ICICI Bank, and it has consistently been amongst the top companies in the Indian life insurance sector. ICICI Prudential Life is also the first insurance company in India to be listed on both the National Stock Exchange and Bombay Stock Exchange. Prudential also has a longstanding partnership with ICICI in ICICI Prudential Asset Management Company, one of India's largest asset management firms, through its asset management business Eastspring Investments. Prudential proudly sponsored the historic 1983 Cricket World Cup, a landmark moment when India lifted the trophy and inspired generations. About Prudential plc Prudential plc (UK) provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. Prudential plc (UK) is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom. Prudential plc
Independent Singapore
3 days ago
- Independent Singapore
S$700 fine for tourist who stole Charles & Keith backpack less than an hour after arriving at Changi Airport
Source: Depositphotos/ teamtime (for illustration purposes only) SINGAPORE: A tourist who had been passing through Changi Airport has been slapped with a S$700 fine for stealing a backpack worth S$89.90 from the Charles & Keith outlet in the airport, less than an hour after arriving in Singapore. Thirty-year-old Garg Prasha, who had been travelling from Kolkata, India, was en route to Bali, Indonesia, when she had a layover in Singapore on Jun 2. She decided to shop in the transit terminal and visited the Charles and Keith outlet, where she took a liking to a black backpack that had been on display. Instead of paying for the item, Garg placed the bag into the luggage trolley she was using and exited the store. She was caught after an employee spotted the theft and the store alerted the police. The bag was recovered in its original condition. Sentencing her to a S$700 fine on Monday (Jun 16) after she pleaded guilty to one count of theft, Deputy Principal District Judge Luke Tan said, 'The only saving grace was that the bag was recovered, but she has been effectively caught red-handed here.' That same day, Garg's acquaintance, 29-year-old Kolkata native Goenka Simran, was sentenced to eight days' jail after she stole a yellow purse from the Furla outlet at Changi Airport in a similar fashion to Garg's theft. The bag Goenka stole was worth over S$300. She then stole a bottle of perfume from a cosmetics store at Terminal 2, worth over S$200. The judge said, 'She was supposed to be in Singapore for only 10 hours, but she decided to help herself to the goods worth more than S$500 in total during that time. She would have gotten away if not for the quick actions of the authorities and staff, and once she gets away, it would be impossible to recover the items.' The court heard that Garg and Goenka were not part of a syndicate, though they knew each other.
Khaleej Times
4 days ago
- General
- Khaleej Times
IndiGo flight diverted over bomb threat; Air India battles technical snags
Multiple incidents of flight disruptions in India have been reported today, including a bomb threat and cancellations due to technical snags. These come days after the horrific crash of an Air India India plane at the Ahmedabad airport that left 241 passengers dead. Ahmedabad-London Gatwick service cancelled An Air India flight from Ahmedabad to London Gatwick was cancelled, citing "operational issues". No specific reason has been provided so far, according to the Indian media. Flight AI 159 was scheduled to depart from Ahmedabad at 1.10pm on Tuesday, June 17. It was rescheduled to 3pm, but at 1.45pm Air India confirmed that the service had been cancelled. According to the Air India website, a Boeing 787-8 Dreamliner was supposed to fly as AI 159, on the the same sector as the plane which crashed on June 12. "I am travelling with my wife and two children. We have no answers from the airline company for the flight cancellation," ANI quoted a passenger of the flight to Gatwick as saying. #WATCH | Ahmedabad | Passenger of now cancelled AI-159 flight to Gatwick, he says, " I am travelling with my wife and two children. We have no answers from the airline company for the flight cancellation..." — ANI (@ANI) June 17, 2025 Passengers deplaned in Kolkata Another incident involving Air India occured in Kolkata where a flight from San Francisco to Mumbai via Kolkata suffered a technical snag in one of its engines. Passengers were deplaned during the scheduled halt at the Kolkata airport early on Tuesday. Flight AI180 — a Boeing 777-200LR — had arrived on time at the Kolkata airport at 12:45am, but a technical snag in the left engine delayed takeoff. At about 5:20am, an announcement was made in the aircraft asking all the passengers to deplane. The captain of the plane told the passengers that the decision was being made in the interest of flight safety, according to Indian media reports. Videos showed the aircraft stationed at Kolkata airport as ground staff carried out inspections. An Air India flight (in picture) operating from San Francisco to Mumbai, with a scheduled stop in Kolkata, underwent a mandatory post-landing inspection upon arrival in Kolkata early today. During the course of this routine check, a technical issue was suspected. As aâ�¦ — ANI (@ANI) June 17, 2025 Emergency landing at Nagpur IndiGo flight 6E 2706 from Muscat, travelling to Delhi via Kochi, made an emergency landing at Nagpur airport after a bomb threat was received. All passengers were deboarded, reported ANI. An investigation is underway, nothing suspicious has been found so far, accordoing Lohit Matani, DCP Nagpur. Cochin International Airport Limited (CIAL) said that the bomb threat was received on its official email address, after which the emergency landing was made.
Times of Oman
4 days ago
- General
- Times of Oman
Air India flight grounded in Kolkata after technical issue suspected
Kolkata: An Air India flight operating from San Francisco to Mumbai, with a scheduled stop in Kolkata, was grounded early Tuesday after a technical issue was suspected during a routine post-landing inspection. According to sources, all passengers were safely deplaned as a precautionary measure. On Monday, Air India's flight AI2493 from Mumbai to Ahmedabad was cancelled after facing delays caused by operational issues, eventually leading to the expiry of the crew's duty time, according to sources. The flight, which was supposed to be operated by an Airbus A321-211 aircraft (VT-PPL), was first delayed due to an unspecified operational issue. During this delay, the assigned crew reached the limit of their Flight Duty Time Limitations (FDTL), a rule that restricts the number of hours airline crew members can work for safety reasons. Meanwhile, an Air India Express flight from Delhi to Ranchi was diverted back to the national capital shortly after taking off on Monday due to a suspected technical issue. The Boeing 737 Max 8 plane was scheduled to land at Ranchi's Birsa Munda Airport at 6:20 PM. After the inspection and clearance, the aircraft continued its normal operations, according to an Air India spokesperson."One of our flights returned to Delhi after takeoff due to a suspected technical issue. Post inspections and clearance, the aircraft continued scheduled operations. We regret the inconvenience," the Air India Express spokesperson said. Earlier on Monday, an Air India flight, which was supposed to land in Delhi, was diverted back to Hong Kong after the pilot suspected a technical issue mid-air, according to sources. The AI 315 flight, a Boeing 787-8 Dreamliner, had departed from Hong Kong to Delhi. According to the flight tracking site, Flight Radar 24, the Air India flight was supposed to reach Delhi by 12.20 PM. Sources said that the passengers deboarded safely and the plane is undergoing a safety check.
Hindustan Times
10-06-2025
- Sport
- Hindustan Times
Snehit stuns world no. 26 Quadri as Ahmedabad SG Pipers pip Kolkata ThunderBlades
Ahmedabad, Snehit Suravajjula pulled off one of the biggest upsets of Ultimate Table Tennis by sweeping past world no. 26 Aruna Quadri, helping Ahmedabad SG Pipers edge Kolkata ThunderBlades 8-7 here on Tuesday. Despite their narrow victory, Ahmedabad's chances of making the playoffs were dashed. Kolkata will have to wait until the final two ties to discover their fate. The outcome also confirmed that Dempo Goa Challengers and Dabang Delhi TTC have qualified for the playoffs. The evening began with high drama as Ricardo Walther handed Ankur Bhattacharjee his first loss of the season. Ankur started strong, surging to a 7-1 lead in the opener, but Walther mounted a remarkable comeback to take it 11-10. The German veteran followed up with an 11-5 win in the second game, sealing the match and breaking Ankur's unbeaten streak. Ankur salvaged the final game to keep Kolkata in the hunt. Ayhika Mukherjee then edged the first game against Puerto Rican ace Adriana Diaz in the women's singles, but Diaz bounced back strongly to dominate the next two games, closing the decider 11-1 to level the tie. In mixed doubles, Ankur and Diaz held their nerve in crunch moments, taking a tight 2-1 win over Walther and Ayhika. Snehit, still looking for his first win of the season, delivered a sensational 3-0 sweep of Aruna in the fourth match with controlled aggression and fearless forehand play. The Indian came back from 9-10 in the opener and 5-8 in the second, finishing with a flurry to pull of big upset. Scores: ===== Ahmedabad SG Pipers 8-7 Kolkata ThunderBlades Ricardo Walther bt. Ankur Bhattacharjee 2-1 Ayhika Mukherjee lost to Adriana Diaz 1-2 Ricardo Walther/Ayhika Mukherjee lost to Ankur Bhattacharjee/Adriana Diaz 1-2 Snehit Suravajjula bt. Quadri Aruna 3-0 Yashini Sivashankar lost to Selena Selvakumar 1-2 .
