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