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Apollo Munich Health Insurance: Insuring against negativity
Apollo Munich Health Insurance Company, the joint venture between Apollo Hospitals Group and Munich Health of Germany, has come out with a new mass media campaign.

Irda cautions insurers against politically exposed persons
The Insurance Regulatory and Development Authority (Irda) has asked insurance companies to be more cautious while concluding contracts with “high risk customers”, particularly the “proposals of Politically Exposed Persons (PEPs)”.

News of the day

'NTPC claim has no bearing on gas dispute'
The Union government has told the Supreme Court that the rights and obligations of NTPC and RIL could not be regarded as similar in status to the private arrangement between RIL and RNRL. In an affidavit filed yesterday in the appeals by the Ambani brothers on their gas dispute, the government stressed that NTPC “is not only a public sector undertaking but the process involved for price determination in the case of NTPC gas was by international competitive bidding.”
Small Business

Godrej Industries Q3 net up eight times at Rs 44 cr

Diversified business conglomerate Godrej Industries today reported an eight-fold jump in its net profit at Rs 43.80 crore for the quarter ended December 31, 2009, over the year-ago period. - Hero Honda Q3 profit up 78% to Rs 536 cr - SBI Q3 net down 8.4% to Rs 3,305 cr - Lloyds Steel Q3 turns profitable - Jet back in black with Rs 106 cr profit in Q3 - Tata Coffee Q3 PAT up 13.5% to Rs 14 cr - Voltas Q3 net up 86% to Rs 76 cr The company had reported net profit of Rs 5.04 crore for the same quarter previous fiscal, it said in a filing to the Bombay Stock Exchange. During the quarter under consideration, the company had reported net sales of Rs 852.5 crore, registering an increase of seven per cent compared to Rs 792.73 crore in the corresponding period last fiscal.


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