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December 04, 2008
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US insurers eye India to cut costs
New Delhi: US-based health insurance companies such as Wellpoint and Bluecross Blueshield are tying up with Indian corporate hospitals as medical tourism to India increases, driven by the world-class medical facilities the country offers. |
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Indian securitisation market solid amidst global meltdown: Crisil
Mumbai: A study by Crisil reveals that the retail securitisation market in India is better placed than it is in many other countries owing to the superior profile of the assets securitised in India. |
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Mobile 3G services by March: Raja
Hyderabad: Mobile 3G services are expected to be fully rolled out in the country by March 2009, according to the Union Minister for Communications and Information Technology, Mr A Raja. |
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Insurers to get M&A norms in March
New Delhi: To help Indian companies capitalise on the mergers and acquisitions (M&A) opportunities presented due to the financial meltdown, the Insurance Regulatory and Development Authority (IRDA) is expected to announce M&A guidelines by the end of March 2009. |
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Unilever to consolidate global R&D ops
Mumbai: Anglo-Dutch consumer products multinational, Unilever has chosen Bangalore and Mumbai among its strategic global research and development (R&D) centres as it consolidates its global R&D operations. |
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Metro Cash & Carry plans tie-up with FIs to lend to customers
Kolkata: German wholesaler, Metro Cash & Carry, plans to team up with financial institutions in India to offer credit facilities to customers. |
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AMRL to invest Rs 800 cr in multi-product SEZ
Chennai: AMRL International Tech City, a joint venture of Hyderabad-based AMR Constructions Ltd and Tamil Nadu Industrial Development Corporation Ltd (TIDCO), is planning to invest around Rs 800 crore (US$ 160.66 million) for creating a multi-product special economic zone (SEZ) in Tamil Nadu. |
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