MetLife to infuse Rs 100cr for expansion in next 5 mths

Published on Fri, Nov 14, 2008 at 13:21 |  Source : CNBC-TV18

Updated at Fri, Nov 14, 2008 at 18:06  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Midcap Radar

Excerpts from Midcap Radar on CNBC-TV18 Watch the full show ยป

MetLife said it will infuse Rs 100 crore for expansion over the next five months and will subsequently increase the number of financial advisors from 30,000 to 60,000 over this period.

The company said it will also recruit 2000 new sales managers across India in the next five months. Thus, the number of MetLife offices will go up from 96 to 191 over this period, it added.

  

More on Moneycontrol

Trending News

Business News

How to Root and install Custom Recovery on any Android phone
Forget the IIP: there's free cash oozing out of every pore "Forget the IIP: there's free cash oozing out of every pore "

DLF Says Macro Environment Unfavourable W/High Comm & Labour Inflation

The latest earning numbers FIRST on CNBC-TV18
Videos

Feb 10 2012, 21:39

Tulsian buys steel stocks; negative on sugar, ADAG

- in MARKET OUTLOOK

Feb 10 2012, 21:39

Truck demand sluggish; margins down 80bps: Shriram Trans

- in Results Boardroom

Interviews

Feb 10 2012, 15:43 | Source: CNBC-TV18

Growth in margins sustainable going forward: Shasun Pharma  

Feb 10 2012, 15:35 | Source: CNBC-TV18

Expect Q4 GRMs to be similar to Q3: BPCL  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!

Follow moneycontrol.com