Reinsurance achieves to the utmost extent the technical ideal of every branch of insurance, which is actually to effect (1) the atomization, (2) the distribution and (3) the homogeneity of risk.
The independent India is now 72 years. More than a decade ago, a generation born after the independence has gone home to rest from their life of public service, other than politicians.
Works on war footing basis at Goa Shipyard in the last four years have metamorphosed the shipyard to an integrated ship building conglomerate, capable of designing and constructing technologically advanced platforms.
Bharat Dynamics Ltd (BDL) made its capital market debut last year, making itself the world’s first missile maker to list on the bourses for public investments and better enterprise valuation.
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