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ING Life, Suvidhaa to roll out over 700 renewal collection outlets in Guj
ING Vysya Life Insurance Company Limited (ING Life), part of the ING Group, a financial services company, today announced its tie-up with Mumbai-based Suvidhaa Infoserve, a company pioneering in service commerce (s-commerce), to collect insurance policy renewal payments for its customers. Customers of ING Life can now pay their policy renewal premium at over 7,000 Suvidhaa outlets across 300 cities in India, including over 700 outlets in Gujarat.

Ambani residence helipad gets coastal authority nod
The proposed helipad atop ‘Seawind’, Mukesh Ambani’s residence in south Mumbai, has got clearance from the Maharashtra Coastal Zone Management Authority (MCZMA), a senior official said today.

News of the day

HC stays ban on states clearing medicine export
The Madras High Court today stayed a directive of the Drugs Controller General of India (DCGI) to stop state-level drug authorities from issuing export clearances for medicines.
Corporate

GTL Q2 net up 31% at Rs 50.22 cr

GTL today reported a 31 per cent growth in net profit at Rs 50.22 crore for the quarter ended September 30, 2009. In the year-ago period, the company had a consolidated net profit of Rs 38.30 crore, GTL said in a filing to the BSE. - Zensar Technologies Q2 net stood at Rs 27.74 cr - Honda Q2 profit plunges 56% - Kotak Mahindra net surges 86% to Rs 299 cr - Zydus Cadila net up 39% to Rs 132 cr - Fortis Healthcare net rises 23% at Rs 13 cr - Dish TV posts Q2 oss of Rs 56 cr Total consolidated income increased to Rs 560.39 crore for the second quarter from 488.47 crore. Shares of the network services provider were trading at Rs 328, down 0.73 per cent on the BSE.


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