Date:23/10/2008 URL: http://www.thehindu.com/2008/10/23/stories/2008102356071700.htm

Business

U.K. insurance major eyes India

LONDON: Amidst economic slowdown, British insurance major Legal & General is looking to India as a source of growth and is likely to recruit over 5,000 professionals from the country in the next five years. L&G, which employs 8,000 people in the U.K., will operate in India through its joint venture with Bank of Baroda and Andhra Bank.