Chola MS ties up with Tamil Nadu banks to sell insurance

October 3rd, 2009 CHENNAI - City-based Repco Infrastructure Development Co is in talks with the Tamil Nadu government to develop vacant land on build-operate-transfer (BOT) basis. "We are discussing various BOT projects with the Tamil Nadu government, the total value of which is around Rs.100 crore," M.

September 15th, 2009 CHENNAI - The grand success of the DMK in the 1967 Tamil Nadu state election is because its founder leader C.N. Annadurai based his political philosophy on the needs and aspirations of the downtrodden, said Finance Minister Pranab Mukherjee Tuesday.

September 10th, 2009 CHENNAI - Congress General Secretary Rahul Gandhi, who is on a three-day visit to Tamil Nadu, on Thursday dismissed all speculation of a rift between his party and the DMK, by saying that ties between the two are very strong. Addressing a press conference here, Gandhi said: "We have very good relations with the DMK.

September 2nd, 2009 CHENNAI - Former Tamil Nadu chief minister and the current Leader of the Opposition J. Jayalalithaa has demanded regularisation of 1,600 casual workers at Tamil Nadu Newsprint and Papers Ltd (TNPL), the country's second largest paper maker.

August 20th, 2009 NEW DELHI - The government Thursday said it would convert loans taken by state-owned Tamil Nadu Telecommunications Ltd (TTL) to equity as part of efforts to revive the ailing company. TTL is a joint venture between Telecommunications Consultants India Ltd (TCIL), a public sector telecom consultancy and engineering company, and Tamil Nadu Industrial Development Corp.

August 4th, 2009 CHENNAI - Non-life insurer Cholamandalam MS General Insurance (Chola MS), a joint venture between city-based Murugappa Group and Japan's Mitsui Sumitomo Insurance Group, Tuesday said it will continue targeting Korean and Japanese firms operating in India for selling its products. "Our strategy in India will be to expand the retail business, bring the technical knowhow in risk management from Japan to the country and train Chola MS employees in Japan and Singapore," Toshiaki Egashira, president and chief executive of Mistsui Sumitomo Insurance, told reporters here.

July 7th, 2009 CHENNAI J - The Tamil Nadu government has cut by half the interest rate on non-agricultural loans disbursed by cooperative banks, bringing it to 6 percent, and waived penal interest to reduce these banks' non-performing assets (NPAs). "The government has come to this decision after the appeals to waive the non-farm loans.

June 5th, 2009 CHENNAI - The PMK, which had dumped the Congress before the Lok Sabha elections to join hands with the AIADMK, is now supporting the Tamil Nadu unit of the Congress in its demand for ministerial berths in the state government. PMK leader S.

May 29th, 2009 CHENNAI - Tamil Nadu Chief Minister M Karunanidhi's son, M K Stalin, was on Friday appointed as the Deputy Chief Minister of Tamil Nadu. State Governor S.S.

May 16th, 2009 CHENNAI - The counting of votes cast for the 15th Lok Sabha polls began at 8 a.m. Saturday in Tamil Nadu and Puducherry.

May 16th, 2009 CHENNAI - The DMK-Congress-VCK alliance is leading in 14 of the 39 constituencies in Tamil Nadu while the rival AIADMK front that includes the Left parties is leading in five seats. Krishnaswamy, AKS Vijayan, TKS Elangovan, TR Baalu and V Tamizharasi are leading in their respective constituencies, while those trailing are Union Home Minister P Chidambaram, Mani Shankar Iyer, KV Thankabalu and EVKS Elangovan.

May 13th, 2009 CHENNAI - Tamil Nadu Chief Minister and DMK President M Karunanidhi on Wednesday said the Congress-led coalition would again form the government at the Centre. Speaking to media persons after casting his vote, Karunanidhi said, "It will be again a Congress-led government at the Centre after the Lok Sabha polls." He said the DMK-Congress would appear victorious in all the 40 Lok Sabha seats in Tamil Nadu and Puducherry.

April 25th, 2009 CHENNAI - At least 25 people were arrested Saturday in Tamil Nadu for attempting to burn the Indian flag while protesting the killing of Tamil civilians in Sri Lanka, police said. The 18 people held in Chennai and seven in Thanjavur district, 300 km south of here, belonged to various Indian Tamil extremist factions associated with Tamil nationalist leader P.

April 10th, 2009 CHENNAI - Janata Party president Subramanian Swamy Friday warned of serious trouble from pro-LTTE elements in Tamil Nadu and demanded that central paramilitary forces be deployed to take preventive measures. 'The central government must take pre-emptive action by posting Central Reserve Police Force and Border Security Force personnel in Tamil Nadu and carry out pre-emptive arrests of fissiparous elements immediately,' Swamy said in a statement.

February 4th, 2009 CHENNAI - The Tamil Nadu government Thursday ordered the reopening from Feb 9 of most colleges that were closed down to prevent the spread of student protests over Sri Lanka's war. 'The presently closed medical, veterinary, engineering and agricultural colleges will reopen from Feb 9 (Monday),' Chief Secretary K.S.