Chola MS ties up with Tamil Nadu banks to sell insuranceOctober 6th, 2009 CHENNAI - Private non-life insurer Cholamandalam MS General Insurance Tuesday announced a tie-up with Tamil Nadu State Cooperative Bank to sell its products through two district cooperative banks.
Chola MS hopes to sell motor, health, accident, cattle and agricultural insurance schemes through the branches and agricultural societies of Dharmapuri District Central Co-operative Bank and Salem District Central Co-operative Bank, the company said.
Repco cooperative wants to become a commercial bankOctober 4th, 2009 CHENNAI - City-based Repco Bank, a cooperative society floated 40 years ago to assist repatriates from Sri Lanka and Myanmar, is now looking at transforming itself into a commercial bank to tap the benefits of the sector, its officials say. "Our board has sought the permission of the Indian government to become a proper bank governed by RBI (Reserve Bank of India)," bank managing director M.
Punjab emerging as a major investment destinationSeptember 16th, 2009 CHANDIGARH - Punjab is fast emerging as an important investment destination in the Information Technology sector. There are many IT majors already located in the State and the Punjab government is upbeat about luring investors by promoting its existing potential.
No going back on cooperative farming, says YSRAugust 3rd, 2009 HYDERABAD - Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Monday said he would not go back on his plans to introduce cooperative farming in the state.
Punjab set for Aug 3 by-pollsJuly 29th, 2009 CHANDIGARH - Punjab is all set for its high profile Aug 3 by-polls in three assembly constituencies, which will see ruling Akali Dal president Sukhbir Singh Badal testing his electoral fate. The by-polls will be held in Khanuwan, Jalalabad and Banur constituency.
Punjab annual plan pegged at Rs.8,625 croreJune 26th, 2009 CHANDIGARH - The 2009-10 annual plan outlay for Punjab has been pegged at Rs.8,625 crore, an increase of 39 percent over last year. The details of the state's annual plan were finalised Friday in New Delhi at a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Punjab Chief Minister Parkash Singh Badal and senior officials.
Lassi becomes money spinner for Punjab milk cooperativeJune 23rd, 2009 CHANDIGARH - Lassi, the low-calorie yoghurt drink that is made in virtually every household in northern India, is the new money-spinner for Milkfed Punjab, the state's cooperative milk producers' federation, with sales increasing almost 50 percent in 2008-09. According to the cooperative, which earns the bulk of its revenue from sale of pasteurised milk, the sale of lassi in tetrapacks, polypacks and bottles has registered record growth to touch Rs.7.42 crore (Rs.74.2 million).
Kerala to set up modern dairy farms to meet milk shortageApril 28th, 2009 THIRUVANANTHAPURAM - The Kerala government is working towards self-sufficiency in milk production by setting up four state-of-the-art dairy farms in the state on an outlay of Rs.20 crore. Work on the first farm has begun at Kulathupuzha in Pathanamthitta district, Animal Husbandry Minister C.
Former minister's son remains defiant in PunjabApril 5th, 2009 ZIRAKPUR - The embarrassment for the ruling Akali Dal in Punjab continued Sunday with Jasjit Singh Bunny, son of former minister Kanwaljit Singh, publicly announcing that he would contest for the Patiala Lok Sabha seat as an Independent candidate. Bunny, who quit the Akali Dal and his post as chairman of Punjab's cooperative bank Friday, made the announcement from the same dais where Punjab Chief Minister Parkash Singh Badal and Akali Dal president and Deputy Chief Minister Sukhbir Badal were sitting during the memorial service (Bhog ceremony) for his father Kanwaljit Singh at Chhat village, 25 km from Chandigarh.
Himachal weaving industry makes women self reliantMarch 25th, 2009 KULLU - Weaving industry in Himachal Pradesh's Kullu district has helped women to become self reliant. Women, who constitute over 90 percent of weavers in Kullu, work in well-organized women weaving cooperative societies.
Thousands watch India-Netherlands hockey finalFebruary 8th, 2009 CHANDIGARH - The high-adrenaline Punjab Gold Cup hockey tournament final between India and the Netherlands had more than 20,000 people rooting for the home team at the Sector-42 hockey stadium here. Such was the enthusiasm that the spectators were on their feet for most of the 70-minute thrilling encounter, vociferously supporting the home team.
Marching to the same beat improves teamworkJanuary 28th, 2009 WASHINGTON - Armies develop teamwork by marching to the same drum beat, just as citizens sing the national anthem before sporting events. A new study suggests that when people engage in synchronised activity, they are more likely to cooperate with other group members.
Preity Zinta wants to help budding cricketersJanuary 25th, 2009 MUMBAI - Preity Zinta, who owns Kings XI Punjab of the Indian Premier League (IPL), now wants to give a chance to budding cricketers at the grassroot level. Her team will hold a cricket seminar and a T-20 tournament in Chandigarh and Mohali where teams from Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir will participate.
Court pulls up Delhi government on rising road deathsJanuary 17th, 2009 NEW DELHI - The Delhi High Court has pulled up the Delhi government for its callous attitude towards the increasing deaths on the capital's roads due to 'killer' blueline buses. A division bench headed by Chief Justice Ajit Prakash Shah and Justice Sanjeev Khanna last week pulled up the government for dilly-dallying on implementation of strict rules and regulations for blueline buses, responsible for several road deaths.
Amul inspires Kashmir milk farmersJanuary 12th, 2009 ANAND - Milk farmers from Jammu and Kashmir, who were on a visit to the state of 'white revolution', feel inspired by their Gujarati counterparts for their success in creating Amul as one of Asia's largest milk brand. At least 50 milk producers of Jammu and Kashmir Milk Producers' Co-operative Ltd (JKMPCL) came on a five-day Amul Yatra in the first week of January to study a model of milk production.