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