Chennai and Ennore ports are set to become hub for car exports from South India. After Hyundai, the two ports have started attracting global manufacturers like Renault SA, Nissan, and Ford.
The rapidly growing banking, financial and services industry sector in India is expected to create about a million jobs every year for the next five years
After developing bancassurance channels, which banks use to sell insurance products, the latest buzzword among insurance companies is "shopassurance" - selling insurance through supermarkets and retail chains.
Most policies attached to co-branded cards to lure customers.
Insurance companies are banking in on health insurance, as it promises to be Rs 25,000-cr industry by 2010.
This year, at least eight public sector banks are set to scrap their existing Bancassurance tie-ups with insurers. They are: Bank of India, Union Bank, Karnataka Bank, Allahabad Bank, Indian Overseas Bank, Bank of Maharashtra and Federal Bank.
In fact, a cotton futures exchange was started in Bombay (now Mumbai) in 1875.
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