American International Group
AIG to sell United Guaranty Corp to Arch Capital for $3.4 bn
16 Aug 2016
AIG had said that it would spin off UGC, cut jobs and sell its broker-dealer network as part of restructuring to ward off activist investor Carl Icahn
AIG to cut costs, return $25 bn to shareholders
28 Jan 2016
AIG to sell aircraft leasing business to AerCap in $5.4-bn deal
16 Dec 2013
AIG will receive net cash proceeds of approximately $2.4 billion after the settlement of inter-company loans
AIG to raise around $6.5-bn via stake sale in AIA Group Ltd
17 Dec 2012
American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a nearly century old business.
Chinese consortium to buy 80 % of AIG’s aircraft leasing unit ILFC for $4.23 bn
10 Dec 2012
Under the deal that has to be passed by the US regulators, a Chinese consortium led by New China Trust Co Ltd will buy 80.1 per cent of AIG's International Lease Finance Corp, for $4.23 billion, valuing it at $5.28 billion.
Chinese consortium in talks to buy controlling stake in AIG’s aircraft leasing unit: report
07 Dec 2012
Federal judge rejects suit over AIG bailout
20 Nov 2012
ING to sell Malaysian insurance business to AIA Group for $1.73 bn
11 Oct 2012
Dutch banking giant ING yesterday agreed to sell its Malaysian insurance business to Pan Asian insurer AIA Group Ltd, for $1.73 billion in cash.
US government could earn $15.1 bn from AIG bailout
09 May 2012
The government believes that it can recover in full the taxpayers’ money injected into AIG, at the height of the financial meltdown in 2008
AIG sells first stock offering after near-collapse in 2008
25 May 2011
The sale marks an important milestone in the US government's attempts to sell its stake in AIG and recover bailout money.
AIG to take a $700-mn hit on Japanese claims
19 Mar 2011
AIG expects to post $1 billion in pre-tax catastrophe losses in the first quarter of the current fiscal, including about $700 million in pre-tax claims costs from the earthquake and tsunami in Japan
AIG repays another $6.9-bn TARP loan
09 Mar 2011
The US government had bailed out AIG with total loans of $182.5 billion following the global financial crisis, making it to be the biggest single bailout in US history
Goldman Sachs has ‘no regrets’ over AIG deal
02 Jul 2010
A Goldman Sachs executive told the inquiry panel on Thursday that the firm had no regrets about collecting billions of dollars in taxpayer money for correctly predicting the demise of the US housing market.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation