Bloomberg India is pushing for a valuation of about $203 billion for a state-owned insurer that’s soon expected to file for the nation’s biggest initial public offering, even as arrangers awaited a final report on the firm’s estimated worth. The so-called embedded value of Life Insurance Corp. of India is likely to be more than 4 trillion rupees, and ...

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) and Etisalat Digital announced that they will partner on an Advanced Metering Infrastructure (AMI) project to enhance utility metering in the Emirate of Abu Dhabi. Over the next two years, Taqa’s power and water distribution companies – Abu Dhabi Distribution Company (ADDC) and Al Ain Distribution Company (AADC) – ...

  Bloomberg Oil climbed to its highest level since November as two major agencies indicated that markets may be tighter than previously forecast. West Texas Intermediate traded above $82. On Wednesday, the International Energy Agency’s Fatih Birol said the relatively small hit to demand from omicron means consumption has been stronger than many observers had expected. That followed a monthly ...