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