Osama Bin Laden Used to Sell Insurance Policy in Kanpur

July 6th, 2007 Note: This is for Indians who have to travel abroad on short business trips. Which overseas travel insurance company do you use for short trip? I used New India Assurance before, but I find their policy of payment after the expenses have been paid very inconvenient especially if you are for short periods and do not have the time nor energy to pursue your claim afterwards.

April 14th, 2009 CHENNAI - City-based banking, financial services and insurance software company Polaris Software Lab Ltd will invest $20 million to set up a centre for excellence for insurance near Chennai, a top official said Tuesday. 'The eight-storey centre will house 2,500 employees and will be completed in 18 months,' Arun Jain, chairman and chief executive of Polaris, told reporters at the foundation stone laying ceremony.

January 19th, 2009 CHENNAI - The city-based banking software major Polaris Software Lab hopes to double its revenue to $40 million next year from insurance vertical following the acquisition of US-based insurance product and component services player SEEC Inc., said a top company official here Tuesday. Last November, the company's Singapore subsidiary acquired SEEC for around Rs.370 million (Rs.37 crore).

August 12th, 2009 RAEBARELI - Congress President and UPA Chairperson Sonia Gandhi inaugurated 3G mobile services of Bharat Sanchar Nigam Ltd on Wednesday at Raebareli in Uttar Pradesh. After four major cities of the state including Lucknow, Allahabad, Kanpur and Varanasi it was a first small town where this high tech facility of mobile has been introduced.

February 16th, 2009 NOIDA - Two suspects have been arrested from Kolkata for the Rs.4 million fraud by a BPO employee who allegedly diverted insurance funds into accounts opened in Britain under false names, the police said Tuesday. The latest arrests were made a month after key accused Edward Burns, senior executive of a leading BPO firm here, was arrested Jan 17.

February 16th, 2009 NOIDA - Two suspects have been arrested from Kolkata for the Rs.4 million fraud by a BPO employee who allegedly diverted insurance funds into accounts opened in Britain under false names, the police said Tuesday. The latest arrests were made a month after key accused Edward Burns, senior executive of a leading BPO firm here, was arrested Jan 17.

January 14th, 2009 NEW DELHI - A senior executive with Satyam Computer Services has told the government that the fraud-hit company needs at least Rs.150 crore (Rs.1.5 billion or $30 million) to take care of the health insurance liabilities of employees in the US. Economic Affairs Secretary Ashok Chawla said that the request was made in a mail from Ram Mynampati, who is in the US to speak with the clients of Satyam Computer Services and reinstate their confidence after the Rs.70 billion ($1.43 billion) scam admitted by its founders.

May 14th, 2009 THIRUVANANTHAPURAM - Companies based in the Technopark IT industrial park here will join hands with the Kerala government to strengthen the AIDS awareness campaign in the state, an industry official said here Thursday. The Group of Technopark Companies (GTECH), a body representing the chief executives of the Technopark firms, has adopted a corporate policy on HIV/AIDS that calls for strengthening the awareness campaign among among the member companies and employees, the group secretary, Satish Babu, said.

July 11th, 2008 Ok to be precise IIT Kharagpur was ranked as the No. 1 Government engineering college in India by Outlook India, a respected news magazine which sells over 11 million copies annually.

January 10th, 2009 THIRUVANANTHAPURAM - It is advantage time for IT companies in Kerala. With Satyam under a cloud, the software companies in the state are busy trying to win over clients of the tainted IT bellwether even as they are flooded with job applications from Satyam employees.

March 12th, 2009 MUMBAI - Satyam Computer Services has begun the procedure of selecting an investor by inviting expressions of interest from bidders. SEBI has recently authorized Satyam to sell up to 51 percent stake.

January 15th, 2009 HYDERABAD - The government-appointed directors of fraud-hit Satyam Computer Services meet here Saturday for the second time in six days to assess the company's financial position and consider action to speedily put the firm back on rails as cooked up figures by founder B. Ramalinga Raju are making it difficult for the software industry to forecast the sector's growth for 2008-09.

January 14th, 2009 NEW DELHI - The government Thursday appointed three more directors to the board of the fraud-hit Satyam Computer Services, including Tarun Das, the chief mentor of the Confederation of Indian Industry (CII). The other two members announced by Corporate Affairs Minister P.C.

October 25th, 2003 India is facing tremendous challenges due to terrorism for many years and always was requested to be patient and work it out with the neighbors! Wonder why the same policy couldn't have been applied to Iraq? An old but yet unanswered question. Any takers? The following cartoon illustrates the issue well.

July 18th, 2005 From the start of July, PIR (Public Interest Registry) will provide domain-name sellers with a $5 rebate for every domain they sell in Latin America and India. The cost to registrars is $6 per domain per year, and they are usually sold for a few extra dollars to consumers.