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One of the leading insurance companies in India, Max New York Liferecently had formed a tie up with its corporate agent PeerlessDevelopers to distribute Max Vijay — a policy for the underserved. MaxVijay has recorded sales figures of over 30,000 policies in such asmall time frame. On an average, daily 1,000 Max Vijay policies aresold. … Read more Max Vijay crosses a sales target of 30,000 policies
One of the leading sugar manufacturer, Shree Renuka Sugars will expand its existing sugar refining capacity of its Athani unit located at Karnataka. The company plans to increase from its present capacity of 1,000 tonne per day (tpd) to 2,000 tpd. The company plans to set up sugar refining capacity of 1000 tpd at its … Read more Shree Renuka Sugars to expand its existing sugar refining capacity
Birla Sun Life Insurance (BSLI) a part of Aditya Birla Group hasexpressed its aspiration to emerge as amongst the top 3 insurancecompanies in India. For this, company plans to launch contemporaryproducts. It also plans to expand its network of branches in India. InFY 2008-09, company stood at the fifth position having a 9% marketshare (amongst … Read more Birla Sun Life aspires to emerge amongst the top 3 life insurance companies
India’s leading mobile service provider, Reliance Communications(Rcom) is in talks with Alcatel-Lucent to manage its 70,000-80,000 kmof fibre optic cables across India. This outsourcing deal is consideredto be worth $500 million. If the deal is struck, Rcom will be becomethe first Indian telecom company to outsource the management of itsoptic fibre cable business. Reliance Communications … Read more Rcom in talks with Alcatel-Lucent to manage its fibre optic cables in India
As a major stakeholder in the KG basin gas, the government is expected to intervene in the RIL vs RNRL case as the as the Bombay High Court (BHC) order has led to a fix on its gas utilization. The government is expected to earn nearly $9 billion from RIL as part of its profit … Read more Govt to intervene in RIL-RNRL tussle
First Global in a report on Indian Real Estate said, Our channel check shows the demand scenario in the real estate sector remains grim. This could primarily be due to low consumer confidence that can be attributed to the uncertain economic environment, fear of job losses, excess supply of commercial space and falling rentals which … Read more Few signs of a demand recovery in Real Estate – Shankar Sharma