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