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