cholamandalam

Tube Investments of India net down Rs.11.59 crore


August 6th, 2012 - 8:17 pm ICT by IANS
Chennai, Aug 6 (IANS) City-based multi-product company Tube Investments Monday announced a Rs.11.59 crore fall in net profit in the first quarter of the current fiscal as against corresponding period ... Read more...

Posted in Business |

Insurance regulator slaps Rs.1.5 million fine on IndusInd Bank


July 6th, 2012 - 1:02 am ICT by IANS
Chennai, July 5 (IANS) The Insurance Regulatory and Development Authority (IRDA) Thursday slapped a fine of Rs.1.5 million on private IndusInd Bank for violation of corporate agency regulations.IndusInd Bank is ... Read more...

Posted in Business |

Chola MS targets Rs.1,350 crore premium by March-end


January 2nd, 2012 - 7:53 pm ICT by IANS
Chennai, Jan 2 (IANS) Cholamandalam MS General Insurance booked a total premium of more than Rs.1,000 crore in the first nine months of the current fiscal and hopes to achieve ... Read more...

Posted in Business |

Chola MS targets Rs.900 crore premium in 2010-11


July 16th, 2010 - 8:47 pm ICT by IANS
Chennai, July 16 (IANS) City-based non-life insurer Cholamandalam MS is targeting a premium of Rs.900 crore this fiscal and hoping to bring down its underwriting loss (premium minus claims paid), a top ... Read more...

Posted in Business |

Government-owned insurers hog limelight in April


May 25th, 2010 - 8:48 pm ICT by IANS
Chennai, May 25 (IANS) Indian government-owned insurers -- life and general -- logged positive growth in April and stood ahead of the respective private sector clubs, data released by the industry watchdog ... Read more...

Posted in Business |

Murugappa group not to exit insurance business


May 6th, 2010 - 9:56 pm ICT by IANS
Chennai, May 6 (IANS) City-based Murugappa group has no plans to exit non-life insurance business transacted by Chola MS General Insurance Company, a top group official said Thursday. "We will continue with the ... Read more...

Posted in Business |

South Indian Bank offers customers health insurance


March 17th, 2010 - 7:53 pm ICT by IANS
Trissur (Kerala), March 17 (IANS) The South Indian Bank (SIB) Wednesday offered an insurance policy providing comprehensive health cover to its 3.50 million current and savings account holders across the country. Launched ... Read more...

Posted in Business |

Chola DBS sells mutual fund business to L&T Finance


September 25th, 2009 - 10:32 pm ICT by IANS
Chennai, Sep 25 (IANS) City-based Cholamandalam DBS Finance, a non-banking finance company, has decided sell its mutual fund subsidiary Cholamandalam Asset Management to L&T Finance for Rs.45 crore. "We ... Read more...

Posted in Business |

Gopalarathnam is new MD of Cholamandalam MS General Insurance


April 3rd, 2008 - 10:27 am ICT by admin
Chennai, Apr 3 (ANI/ Business Wire India): SS Gopalarathnam, President (Operations), has been appointed as the new MD of Cholamandalam MS General Insurance Company Ltd with effect from April 1.Prior ... Read more...

Posted in Entertainment |

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