The Unique Identification Authority of India (UIDAI) is working overtime to give every Indian a unique identification number (UID) that would ease complex know-your-customer (KYC) procedures requiring repeated submission of documents. Nandan Nilekani, chairman of UIDAI, revealed the intricacies of the mammoth UID project for the first time during a recent conference in Mumbai. Here is how the...
Premier Explosives is on a strong growth path and seems to be backed by good R&D
Secunderabad-based Premier Explosives Limited (PEL) is a small but growing company that will not appear on the radar of institutional investors. Its turnover for the year ended March 2009 was just Rs70 crore but it claims to be a manufacturer of the entire range of explosives and accessories in India. PEL...
We all know that the first question a healthcare provider asks before starting any treatment is whether the patient is insured. We suspect that if we reply in the affirmative, the cost of treatment shoots up. No wonder several health insurers are reporting a negative claim ratio which means that they are paying out more than they are earning. Either they are under-pricing health insurance or...
