Bloomberg Overseas insurers including Prudential Plc are pursuing plans to sell stakes in their Malaysian units, in deals that could raise at least a combined $2 billion and help them comply with foreign ownership limits, people with knowledge of the matter said. Prudential has asked banks to pitch for a role advising on a domestic initial public offering of its ...

Bloomberg Tata Group, the Indian conglomerate that manages more than 100 operating companies, is weighing a plan to streamline its technology and infrastructure businesses, people with knowledge of the matter said. The conglomerate is considering a restructuring that would see several of its technology businesses moved under publicly traded Tata Consultancy Services Ltd., according to the people. TCS, Asia’s largest ...

Bloomberg India wanted to cap toxic emissions from power plants by December. It’s now discovering that target is at least 6 years from its reach. The nation’s power industry regulator says a countrywide roll out of equipment to lower sulfur dioxide emissions won’t be completed until 2023. And that’s only one of the the four types of pollutants plants must ...