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