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