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Towards peace of mind CUB: towards card-less withdrawal Sun Edison launches solar pumps Nothing to hide... Big-ticket investments march towards Punjab BRICS development bank ISRO's 100th mission Inclusive and forward moving... Tata Steel commence operations at Kalinganagar Flexible labour laws… Indian Bank – global businesses crosses Rs 3 lakh crore... Schwing Stetter India joins hands with US-based Gomaco When Centre visits the state Chola MS net crosses 100 crores Holiday Inn opens in OMR Chennai Scoot offers just Rs.13,500 to ANZ... Airlines wage price war On the ‘milky’ way Brand leaders come forward... Veritas Finance- financing the unfinanced TN budget pragmatic and moderate on fiscal deficit Realty sector takes a break... IFCI to raise NCDs upto Rs 2000 crore Economic issues take a back seat at G20 summit Durga - India’s largest blast furnace; now operational An aerospace-defence cluster in Tamil Nadu… ALL to launch electric busses Nigeria comes nearer Striking cords for 25 years… Is Indian telecom industry heading for a monopoly? Digital retail transactions stabilise at higher level… Research needs more funding More gensets and diesel engines from TAFE - Business Briefs Curbing steel imports will hurt small business... European crisis is a global crisis! Investor friendly Japan Connecting the unconnected Smart controls for cooling large multi-zone spaces ... Time to fast-pace the logistics sector TiE applauds innovative entrepreneurs Realising double digit growth in Tamil Nadu Dynamic e-commerce scenario Make way for the new and dynamic railways Hyundai excites again Automotive Vision Plan II... Apple maps – finding its way Steel loses its sheen Changing dynamics in human resource management A global plastic event in India TOP 10 CEO Compensation LVB gears to become a financial supermarket Strategy war escalates between Hero and Honda Four daughters and a proud father Creating Tamil Nadu Banana brand Economic, business and social sustainability Gem of social service... Chola MS launches motor app Murugappa- a year of consolidation Three more leather clusters… Applauding enterprise... Business Breif Bridging the skill deficit in pharma industry ALL-two launches in a row World labour laws at a glance Ridley marathon to India Innovation that helped Chennai port Auto test tracks launched at GARC Oragadam campus Purdue and IIT-M sign the dotted line Indigo stays leader with 40 per cent share Illicit markets a concern to growing economy Climate change may change the way businesses work... Hero Motocorp - smooth ride Backpack laboratory Pharma market dozes WABCO’s second Chennai plant Downsizing spree... Need to focus on ease of doing business... Carrefour’s quick exit Secured NCDs from Shriram City The new look- 4s Verna Rating of states to be released soon Techies trip to India OBO Bettermann for better lightning protection Blue Star plans a new plant in south Celebration time at MS Chola STFC raises money Chennai will soon get its World Trade Centre AirAsia India infuses funds to fight out competition Waste, a gold mine TII’s single largest investment at Thiruthani TII-challenging year with flat growth ECGC expands operations Housing Innovation Challenge, 2015 Chennai Port is at last decongested! TVS Logistics – another acquisition to sharpen the business model Focus on self-certification and third party inspection Reality bytes Chennai to get a roundabout Metro Placing the right shoe forward... SumInfra- corridor based development... People Flow Day- Safety Well-refined – RIL’s refinery margins zoom Adding Zest to Scooty Celebrating 180 years of relevance Industry-well poised to invest on expansion ALL – truck industry is recovering from degrowth An American alliance in the chemical industry? TCS’ revenues cross Rs 100,000 crore
 
Celebration time at MS Chola
IT was celebration time, with cakes and happy faces announcing the commemoration of 10 years of Chola MS. In 2003, Cholamandalam had anticipated the volume of general insurance industry to rise to Rs 45,000 crore over the decade and that there would be scope for private players to play a lead role. To tap this attractive growth it had signed a JV with Mitsui Sumitomo (MSI), the largest insurance group of Japan. Today it’s Gross Written Premium (GWP) is Rs 1350 crore.

S S Gopalarathnam, Managing Director-Chola MS, cited plans for expansion in the retail health portfolio from Rs 50 crore to Rs 500 crore over the next year. The theme of T3-Trust, Transparency and Technology echoes throughout the organisation, Chola MS plans to race ahead to become Top 5 in size and Top 3 in profitability in the next five years and to scale up the GWP to Rs 2500 crore in two years.
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