financial sector
Lloyd's Ex-CEO John Neal Loses $17 Million AIG Position Over Workplace Relationship Investigation
Nov 21, 2025 02:09 pm CST
John Neal, former Lloyd's of London CEO, lost his $17 million position as AIG's incoming president following an investigation into his alleged relationship with a Lloyd's employee. This marks the latest workplace relationship scandal in Neal's career, highlighting growing corporate scrutiny of executive conduct and raising questions about AIG's vetting process after previously facing similar issues with another senior executive.
Goldman Sachs Upgrades India to 'Overweight' with 29,000 Nifty Target: Economic Revival and Investment Opportunities Ahead
Nov 10, 2025 03:12 pm CST
Goldman Sachs has upgraded Indian equities to 'Overweight' with a Nifty target of 29,000 by end-2026, projecting 14% upside. The investment bank forecasts renewed growth momentum driven by supportive monetary policies, earnings rebound, and returning foreign investment after significant outflows. Key sectors expected to lead market gains include financial services, consumer durables, defense, TMT, and oil marketing companies.
Indian-Origin Amita Chaudhury Becomes First Woman to Chair UN's Global Sustainable Insurance Board
Sep 26, 2025 02:39 am CST
Amita Chaudhury, an alumna of IIM Bangalore, has been appointed as the Chair of the United Nations Environment Programme Finance Initiative Principles for Sustainable Insurance Board, becoming the first woman of Indian origin to hold this prestigious global position. With extensive experience including senior roles at Unilever, she will now help lead UNEP FI's global partnership of over 500 financial institutions working to mobilize private finance for sustainable development.