Bloomberg Embattled tycoon Gautam Adani’s challenges have knocked the confidence of strategic insurance investors seeking to establish partnerships in India, according to Bain & Co’s mergers and acquisitions head for Asia Pacific. Global firms, which typically hold significant stakes in the government-regulated sector, are worried about finding strong local partners who they can trust, said Bain’s Harshveer Singh. “They ...

Bloomberg India is likely to witness more extreme weather events, including intense heat waves, heavy flooding and severe drought that pose challenges to food and energy security for the second-most populous nation. “The extremes are increasing — hot is becoming hotter and cold is becoming colder,” said M Ravichandran, the top bureaucrat at the country’s earth sciences ministry. This trend ...

  Bloomberg Prime Minister Anwar Ibrahim is exploring how to boost wages for Malaysian workers, as gloomy economic prospects pose headwinds to his fledgling administration. Malaysia plans to set a wage growth target for all workers and formulate policies to support this, Economy Minister Rafizi Ramli told a press conference. The National Economic Action Council will meet in March to ...