Aviva may sell life insurance stake in India JV: report

Aviva PLC is planning to pull out of its Indian insurance joint venture, valued at more than $500 million, as the British insurer retreats from less-profitable markets where it has struggled to grow its business, sources said. Aviva is in the process of hiring corporate advisors to find buyers for its 26 per cent stake in Aviva Life, its venture with Dabur Group, which owns personal care and food products manufacturer Dabur Indi...