<!DOCTYPE html><html lang="en">
<head>
<meta charset="utf-8"/>
<meta http-equiv="X-UA-Compatible" content="IE=edge"/>
<meta name="viewport" content="width=device-width, initial-scale=1.0"> 
<meta property="fb:pages" content="122094764539447"/>
<link rel="icon" href="/xfavicon.ico.pagespeed.ic.xX0VWdUWFu.jpg" type="image/x-icon"/>
<title>Up to $30 bn in insured damages from Hurricane Harvey | Business Standard News</title><link rel="canonical" href="http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html"/>
<link rel="amphtml" href="http://wap.business-standard.com/article-amp/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654"/>
<link rel="alternate" media="only screen and (max-width:640px)" href="http://wap.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654"/>
<meta name="website" content="http://www.business-standard.com">
<meta name="rating" content="General">
<meta name="copyright" content="www.business-standard.com">
<meta name="author" content="AFP | PTI">
<meta name="robots" content="index, follow, noodp, noydir">
<meta name="description" content="Read more about Up to $30 bn in insured damages from Hurricane Harvey on Business Standard. The evaluation of losses is complex due to the prevalence of flooding">
<meta name="keywords" content="Hurricane Harvey, Houston, Texas, insurers, Hurricane Harvey impact, floods, United States">
<meta name="news_keywords" content="Hurricane Harvey, Houston, Texas, insurers, Hurricane Harvey impact, floods, United States, International">
<meta property="og:type" content="article">
<meta property="og:title" content="Up to $30 bn in insured damages from Hurricane Harvey">
<meta property="og:url" content="http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html">
<meta property="og:description" content="The evaluation of losses is complex due to the prevalence of flooding">
<meta property="og:image" content="http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg">
<meta property="og:image:width" content="1000">
<meta property="og:image:height" content="1000">
<meta property="twitter:image:src" content="http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg">
<meta property="twitter:card" content="summary">
<meta property="twitter:site" content="@bsindia">
<meta property="twitter:creator" content="@bsindia">
<meta property="twitter:title" content="Up to $30 bn in insured damages from Hurricane Harvey">
<meta property="twitter:description" content="The evaluation of losses is complex due to the prevalence of flooding">
<meta property="twitter:app:name:iphone" content="Business Standard for iPhone">
<meta property="twitter:app:url:iphone" content="https://itunes.apple.com/in/app/business-standard-for-iphone/id581918934?mt=8">
<meta property="twitter:app:id:iphone" content="581918934">
<meta property="twitter:app:name:ipad" content="Business Standard">
<meta property="twitter:app:url:ipad" content="https://itunes.apple.com/us/app/business-standard/id482532990?ls=1&amp;mt=8">
<meta property="twitter:app:id:ipad" content="482532990">
<meta http-equiv="last-modified" content="Mon, 11 Sep 2017 02:22:28 +0530">	
	<meta itemprop="name" content="Up to $30 bn in insured damages from Hurricane Harvey | Business Standard News"/>
	<meta itemprop="description" content="Read more about Up to $30 bn in insured damages from Hurricane Harvey on Business Standard. The evaluation of losses is complex due to the prevalence of flooding"/>
	<meta itemprop="image" content="http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg"/>
		<script type="text/javascript">isBannerActive=false;</script>
	<script src="http://bsmedia.business-standard.com/ad/banner.js" type="text/javascript"></script>
	<link rel="index" title="News, Latest News" href="http://www.business-standard.com"/>
	<link rel="image_src" href="http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg"/>
	<link href="http://bsmedia.business-standard.com/include/_lib/jquery/themes/default/jquery.ui.auto.theme.fancybox.css?2064" rel="stylesheet" type='text/css'/>
	<link href="http://bsmedia.business-standard.com/include/_mod/site/html5/js/popup/jquery.fancybox.css?2064" rel="stylesheet" type='text/css'/>
		<link href="http://bsmedia.business-standard.com/include/_mod/site/html5/css/betasite.main.css?2064" rel="stylesheet" type='text/css'/>
		<link href='https://fonts.googleapis.com/css?family=Roboto:400,300,500,700' rel='stylesheet' type='text/css'/>
	<link href='https://fonts.googleapis.com/css?family=Open+Sans:400,300,800,700,300italic,400italic,600' rel='stylesheet' type='text/css'/>

    
	<script src="http://bsmedia.business-standard.com/include/_lib/jquery/jquery-1.7.2.min.js?2064" type="text/javascript"></script>
	<script src="http://bsmedia.business-standard.com/include/_lib/jquery/jquery.lazyload.js?2064" type="text/javascript"></script>
	<script src="http://bsmedia.business-standard.com/include/_mod/site/html5/js/popup/jquery.fancybox.js?2064" type="text/javascript"></script>
	<script src="http://bsmedia.business-standard.com/include/_mod/site/html5/js/site.main.js?2064" type="text/javascript"></script>
	
		<script type="text/javascript">jQuery.fn.extend({propAttr:$.fn.prop||$.fn.attr});</script>
	<script src="http://bsmedia.business-standard.com/include/_lib/jquery/jquery-ui-1.8.15.custom.min.js?2064" type="text/javascript"></script>
	<script src="http://bsmedia.business-standard.com/include/_lib/jquery/jquery.ui.autocomplete.js?2064" type="text/javascript"></script>

	<link href="//www.googletagservices.com" rel="dns-prefetch">
	<link href="//www.googletagservices.com" rel="preconnect">
	<!--			<script src='//www.googletagservices.com/tag/js/gpt.js'></script>-->
			<script async='async' src='https://www.googletagservices.com/tag/js/gpt.js'></script>
			<script>var googletag=googletag||{};googletag.cmd=googletag.cmd||[];</script> 
	
<script type='text/javascript'>var isUserBanner='free';</script><script type="text/javascript">var isUserBanner='free';function getCookie(cname){var name=cname+"=";var ca=document.cookie.split(';');for(var i=0;i<ca.length;i++){var c=ca[i];while(c.charAt(0)==' ')c=c.substring(1);if(c.indexOf(name)==0)return c.substring(name.length,c.length);}return"";}var subs_pw=getCookie('_pw');var subs_ipbs=getCookie('_ipbs');if((subs_ipbs!=null)||(subs_ipbs!=undefined)){var sub_ipbs_arr=subs_ipbs.split("_");if((subs_pw!=null&&subs_pw=='t')||(subs_ipbs!=null&&subs_ipbs!='N'&&sub_ipbs_arr[1]=='Y')){$('.paid_article_key').hide();}else{$('.paid_article_key').show();}}else{if(subs_pw!=null&&subs_pw=='t'){$('.paid_article_key').hide();}else{$('.paid_article_key').show();}}function preloadPaidKey(){var subs_pw=getCookie('_pw');var subs_ipbs=getCookie('_ipbs');var sub_ipbs_arr=subs_ipbs.split("_");if((subs_pw!=null&&subs_pw=='t')||(subs_ipbs!=null&&subs_ipbs!='N'&&sub_ipbs_arr[1]=='Y')){$('.paid_article_key').hide();}else{$('.paid_article_key').show();}}window.onpaint=preloadPaidKey();var value=decodeURIComponent(getCookie('_userLoggedIn'));try{var obj=JSON.parse(value);if(typeof(obj)&&obj.s!=null&&obj.s=='t'){var isUserBanner='paid';}if(typeof(obj)&&obj.cui!=null&&obj.cct!=null&&obj.cct.toLowerCase()=='fis'){var isUserBanner='fis';}if(typeof(obj)&&obj.cui!=null&&obj.cct!=null&&obj.cct.toLowerCase()=='kotak'){var isUserBanner='kotak';}if(typeof(obj)&&obj.cui!=null&&obj.cct!=null&&obj.cct.toLowerCase()=='capgemini'){var isUserBanner='capgemini';}}catch(err){var isUserBanner='free';console.log(err.message);}var displayConBanner=1;var articleBnrId='117091000654';</script>
<!-- Change for Market Tags END -->
<script type="text/javascript">document.write("<!--");if(isUserBanner=="free"&&(displayConBanner==1))document.write("-->");</script><script src='https://www.googletagservices.com/tag/js/gpt.js'></script>

<script>googletag.cmd.push(function(){googletag.defineSlot('/6516239/BS_international_super_728x90',[[970,250],[728,90],[940,90],[970,90]],'div-gpt-ad-1475053751424-0').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_R1_300x250',[300,250],'div-gpt-ad-1475053751424-1').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_ROS_300x100',[300,100],'div-gpt-ad-1471339545901-0').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_R1_Inside_300x250',[[300,250],[300,600]],'div-gpt-ad-1475053751424-2').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_R2_300x250',[[300,100],[300,250],[300,600]],'div-gpt-ad-1475053751424-3').addService(googletag.pubads());googletag.defineSlot('/6516239/Native_text_Morenews_block_R1',[300,100],'div-gpt-ad-1475053751424-4').addService(googletag.pubads());googletag.defineSlot('/6516239/640x90_ad',[640,60],'div-gpt-ad-1479277932687-0').addService(googletag.pubads());googletag.defineSlot('/6516239/Native_text_google',[300,100],'div-gpt-ad-1475053751424-5').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_R3_300x250',[300,250],'div-gpt-ad-1475053751424-6').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_R4_300x250',[300,250],'div-gpt-ad-1475053751424-7').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_International_300x250_R5',[300,250],'div-gpt-ad-1475053751424-8').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_300x600_International',[300,600],'div-gpt-ad-1475053751424-9').addService(googletag.pubads());googletag.defineSlot('/6516239/BS_international_bottom_728x90',[[970,90],[970,250],[728,90]],'div-gpt-ad-1484896279409-0').addService(googletag.pubads());googletag.enableServices();});</script><!-- International_DFP_HeaderTags --><script type="text/javascript">document.write("<!--");if(isUserBanner=="paid"&&(displayConBanner==1))document.write("-->");</script><script src='https://www.googletagservices.com/tag/js/gpt.js'></script>

<script>googletag.cmd.push(function(){googletag.defineSlot('/6516239/International_728x90_paid_Super',[728,90],'div-gpt-ad-1493025798462-0').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x250_paid_R1',[300,250],'div-gpt-ad-1493025798462-1').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x100_paid_R1',[300,100],'div-gpt-ad-1493026251649-0').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x250_paid_R2',[300,250],'div-gpt-ad-1493025798462-2').addService(googletag.pubads());googletag.defineSlot('/6516239/640x90_ad',[640,60],'div-gpt-ad-1479277932687-0').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x250_paid_R3',[300,250],'div-gpt-ad-1493025798462-3').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x250_paid_R4',[300,250],'div-gpt-ad-1493025798462-4').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x250_paid_R5',[300,250],'div-gpt-ad-1493025798462-5').addService(googletag.pubads());googletag.defineSlot('/6516239/International_300x600_paid_Monstor',[300,600],'div-gpt-ad-1493025798462-6').addService(googletag.pubads());googletag.defineSlot('/6516239/International_728x90_paid_Bottom',[728,90],'div-gpt-ad-1493025798462-7').addService(googletag.pubads());googletag.enableServices();});</script><!-- International_DFP_HeaderTags --><script type="text/javascript">displayConBanner=1;</script><script type="text/javascript">var isMobileDevice=false;$.browser.device=(/android|webos|iphone|ipad|ipod|blackberry|playbook|bb10|iemobile|opera mini/i.test(navigator.userAgent.toLowerCase()));if($.browser.device){isMobileDevice=true;var userAgent=navigator.userAgent.toLowerCase();}</script>

<script type="text/javascript">idPaidArticle=false;</script>
<style type="text/css">body{opacity:1!important}</style>
<!-- Global site tag (gtag.js) - Google AdWords: 837327040 -->
<script async src="https://www.googletagmanager.com/gtag/js?id=AW-837327040"></script>
<script>window.dataLayer=window.dataLayer||[];function gtag(){dataLayer.push(arguments);}gtag('js',new Date());gtag('config','AW-837327040');</script>

</head>
<body>
   <!-- MAIN -->
   <div id="main-warp">
   <script type="text/javascript">var urlArray=["/article/","/content/","/budget/"];var blockThisUrl=false;for(checkedUrl=0;checkedUrl<urlArray.length;checkedUrl++){if(document.location.pathname.indexOf(urlArray[checkedUrl])!==-1){blockThisUrl=true;}}var subs_pw=getCookie('_pw');var chkSid=getCookie('_sid');if(isBannerActive==false&&(subs_pw==undefined||subs_pw==null||subs_pw!='t')&&blockThisUrl&&chkSid!=''){console.log("adBlocker");$("#main-warp").hide();$("body").load("/adBlocker.html");$("head").html("");$("body").addClass("mainbg");}</script>
      <!-- WARP INNER -->
	        <div class="warp-inner">
		<!-- HEADER-->
		<!-- HEADER-->
<style>@media only screen and (max-device-width:769px){.top-left-menu .bs-learning{display:none}}.top-left-menu a{padding:13px 5px};	
.story-content iframe{width:100%}</style>
    <div id="header-content">
              <!-- TOP PANEL-->
        <div class="top-panel">
          <div class="col-2 ipad60">
          	<!-- TOP MENU-->
			<div id="navigation"><ul><li id="nav_211"><a href="/">Home</a></li><li id="nav_221"><a href="/markets">Markets</a></li><li id="nav_222"><a href="/companies">Companies</a></li><li id="nav_223"><a href="/opinion">Opinion</a></li><li id="nav_224"><a href="/technology">Technology</a></li><li id="nav_225"><a href="/specials">Specials</a></li><li id="nav_226"><a href="/pf">PF</a></li><li id="nav_227"><a href="/portfolio">Portfolio</a></li><li id="nav_228"><a href="/user/my-page">My Page</a></li><li id="nav_417"><a href="/multimedia" target="_blank">Multimedia</a></li><li id="nav_406"><a href="/budget" target="_blank">Budget 2018</a></li></ul></div><div class="sub_menu" id="sub_211" style="display:none"><ul class="fLt"><li id="sub_211_chld_335" rel="rel_211"><a href="/todays-paper/">Today's Paper</a></li><li id="sub_211_chld_212" rel="rel_211"><a href="/latest-news/">Latest News</a></li><li id="sub_211_chld_213" rel="rel_211"><a href="/economy-policy">Economy</a></li><li id="sub_211_chld_214" rel="rel_211"><a href="/finance">Finance</a></li><li id="sub_211_chld_215" rel="rel_211"><a href="/current-affairs">Current Affairs</a></li><li id="sub_211_chld_216" rel="rel_211"><a href="/international">International</a></li><li id="sub_211_chld_217" rel="rel_211"><a href="/management">Management</a></li><li id="sub_211_chld_219" rel="rel_211"><a href="/category/specials-strategist-10903.htm">The Strategist</a></li><li id="sub_211_chld_220" rel="rel_211"><a href="/category/specials-weekend-10904.htm">Weekend</a></li><li id="sub_211_chld_396" rel="rel_211"><a href="/category/specials-data-stories-10908.htm">Data Stories</a></li><li id="sub_211_chld_397" rel="rel_211"><a href="/gst#397">GST</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_221" style="display:none"><ul class="fLt"><li id="sub_221_chld_296" rel="rel_221"><a href="/markets-news">News</a></li><li id="sub_221_chld_297" rel="rel_221"><a href="/markets-stocks">Stocks</a></li><li id="sub_221_chld_298" rel="rel_221"><a href="/markets-commodities">Commodities</a></li><li id="sub_221_chld_300" rel="rel_221"><a href="/markets-ipos">IPOs</a></li><li id="sub_221_chld_299" rel="rel_221"><a href="/markets-mutual-funds">Mutual Funds</a></li><li id="sub_221_chld_303" rel="rel_221"><a href="/live-market/mutual-fund/mf-tools">Mutual Fund Tools</a></li><li id="sub_221_chld_304" rel="rel_221"><a href="/derivatives/dashboard/">Derivatives</a></li><li id="sub_221_chld_365" rel="rel_221"><a href="/category/markets-bs-fund-manager-2013-1062001.htm">BS Fund Manager</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_222" style="display:none"><ul class="fLt"><li id="sub_222_chld_287" rel="rel_222"><a href="/companies-news">News</a></li><li id="sub_222_chld_288" rel="rel_222"><a href="/companies-results">Results</a></li><li id="sub_222_chld_436" rel="rel_222"><a href="/category/companies-financial-x-ray-10107.htm">Financial X-Ray</a></li><li id="sub_222_chld_289" rel="rel_222"><a href="/sector/display-article/Auto">Auto</a></li><li id="sub_222_chld_307" rel="rel_222"><a href="/sector/display-article/Engineering">Engineering</a></li><li id="sub_222_chld_308" rel="rel_222"><a href="/sector/display-article/Financials">Financials</a></li><li id="sub_222_chld_310" rel="rel_222"><a href="/sector/display-article/Infrastructure">Infra</a></li><li id="sub_222_chld_311" rel="rel_222"><a href="/sector/display-article/IT">IT</a></li><li id="sub_222_chld_312" rel="rel_222"><a href="/sector/display-article/Oil%20%26%20Gas">Oil & Gas</a></li><li id="sub_222_chld_313" rel="rel_222"><a href="/sector/display-article/Telecom">Telecom</a></li><li id="sub_222_chld_317" rel="rel_222"><a href="/sector/display-article/Services">Services</a></li><li id="sub_222_chld_420" rel="rel_222"><a href="/category/companies-all-sectors-10117.htm">All Sectors</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_223" style="display:none"><ul class="fLt"><li id="sub_223_chld_263" rel="rel_223"><a href="/opinion-editorial">Editorial Comment</a></li><li id="sub_223_chld_264" rel="rel_223"><a href="/opinion-columns">Columnists</a></li><li id="sub_223_chld_434" rel="rel_223"><a href="/category/economy-policy-news-bs-special-1020104.htm">BS Special</a></li><li id="sub_223_chld_268" rel="rel_223"><a href="/opinion-business-law-taxation">Business Law & Tax</a></li><li id="sub_223_chld_266" rel="rel_223"><a href="/category/opinion-lunch-10507.htm">Lunch</a></li><li id="sub_223_chld_294" rel="rel_223"><a href="/poll/list">Poll</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_224" style="display:none"><ul class="fLt"><li id="sub_224_chld_272" rel="rel_224"><a href="/technology-news">News</a></li><li id="sub_224_chld_273" rel="rel_224"><a href="/category/technology-news-mobiles-tablets-1080101.htm">Mobiles & Tablets</a></li><li id="sub_224_chld_274" rel="rel_224"><a href="/category/technology-news-apps-1080102.htm">Apps</a></li><li id="sub_224_chld_275" rel="rel_224"><a href="/category/technology-news-people-1080107.htm">People</a></li><li id="sub_224_chld_276" rel="rel_224"><a href="/category/technology-news-computers-1080103.htm">Computers</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_225" style="display:none"><ul class="fLt"><li id="sub_225_chld_398" rel="rel_225"><a href="/category/specials-weekend-10904.htm#188">Weekend</a></li><li id="sub_225_chld_326" rel="rel_225"><a href="/category/specials-digital-c-1090701.htm">Digital Consumer</a></li><li id="sub_225_chld_352" rel="rel_225"><a href="/category/specials-pe-vc-10976.htm">PE/VC</a></li><li id="sub_225_chld_329" rel="rel_225"><a href="/category/specials-brand-w-10906.htm">Brand World</a></li><li id="sub_225_chld_345" rel="rel_225"><a href="/category/sme-111.htm">SME</a></li><li id="sub_225_chld_355" rel="rel_225"><a href="/category/companies-start-ups-10113.htm">Start-ups</a></li><li id="sub_225_chld_356" rel="rel_225"><a href="/b2b-connect">B2B Connect</a></li><li id="sub_225_chld_363" rel="rel_225"><a href="/partner-content">Sponsored Content</a></li><li id="sub_225_chld_435" rel="rel_225"><a href="/category/economy-policy-news-bs-special-1020104.htm#435">BS Special</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_226" style="display:none"><ul class="fLt"><li id="sub_226_chld_278" rel="rel_226"><a href="/pf-news">News</a></li><li id="sub_226_chld_279" rel="rel_226"><a href="/pf-features">Features</a></li><li id="sub_226_chld_280" rel="rel_226"><a href="/pf-news-investments">Investments</a></li><li id="sub_226_chld_282" rel="rel_226"><a href="/pf-news-loans">Loans & Credit Cards</a></li><li id="sub_226_chld_283" rel="rel_226"><a href="/pf-news-tax">Tax</a></li><li id="sub_226_chld_281" rel="rel_226"><a href="/pf-news-insurance">Insurance</a></li><li id="sub_226_chld_302" rel="rel_226"><a href="/personal-finance/financial-tools/">Financial Tools</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_227" style="display:none"><ul class="fLt"></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_228" style="display:none"><ul class="fLt"></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_417" style="display:none"><ul class="fLt"><li id="sub_417_chld_418" rel="rel_417"><a href="/photo-gallery/list#418">Photo Gallery</a></li><li id="sub_417_chld_419" rel="rel_417"><a href="/video-gallery/list/">Video Gallery</a></li></ul><div class="clrBoth"></div></div><div class="sub_menu" id="sub_406" style="display:none"><ul class="fLt"></ul><div class="clrBoth"></div></div><div class="sticky" style="z-index:10000000 !important;"><div id="newMenuNavigation" class="top-menu" style="display:none"><nav><ul><li><a href="/">Home</a><ul><li id="nav_new_335"><a href="/todays-paper/">Today's Paper</a><li id="nav_new_212"><a href="/latest-news/">Latest News</a><li id="nav_new_213"><a href="/economy-policy">Economy</a><li id="nav_new_214"><a href="/finance">Finance</a><li id="nav_new_215"><a href="/current-affairs">Current Affairs</a><li id="nav_new_216"><a href="/international">International</a><li id="nav_new_217"><a href="/management">Management</a><li id="nav_new_219"><a href="/category/specials-strategist-10903.htm">The Strategist</a><li id="nav_new_220"><a href="/category/specials-weekend-10904.htm">Weekend</a><li id="nav_new_396"><a href="/category/specials-data-stories-10908.htm">Data Stories</a><li id="nav_new_397"><a href="/gst#397">GST</a></ul></li><li><a href="/markets">Markets</a><ul><li id="nav_new_296"><a href="/markets-news" target="_blank">News</a><li id="nav_new_297"><a href="/markets-stocks" target="_blank">Stocks</a><li id="nav_new_298"><a href="/markets-commodities" target="_blank">Commodities</a><li id="nav_new_300"><a href="/markets-ipos" target="_blank">IPOs</a><li id="nav_new_299"><a href="/markets-mutual-funds" target="_blank">Mutual Funds</a><li id="nav_new_303"><a href="/live-market/mutual-fund/mf-tools">Mutual Fund Tools</a><li id="nav_new_304"><a href="/derivatives/dashboard/">Derivatives</a><li id="nav_new_365"><a href="/category/markets-bs-fund-manager-2013-1062001.htm" target="_blank">BS Fund Manager</a></ul></li><li><a href="/companies">Companies</a><ul><li id="nav_new_287"><a href="/companies-news">News</a><li id="nav_new_288"><a href="/companies-results">Results</a><li id="nav_new_436"><a href="/category/companies-financial-x-ray-10107.htm">Financial X-Ray</a><li id="nav_new_289"><a href="/sector/display-article/Auto">Auto</a><li id="nav_new_307"><a href="/sector/display-article/Engineering">Engineering</a><li id="nav_new_308"><a href="/sector/display-article/Financials">Financials</a><li id="nav_new_310"><a href="/sector/display-article/Infrastructure">Infra</a><li id="nav_new_311"><a href="/sector/display-article/IT">IT</a><li id="nav_new_312"><a href="/sector/display-article/Oil%20%26%20Gas">Oil & Gas</a><li id="nav_new_313"><a href="/sector/display-article/Telecom">Telecom</a><li id="nav_new_317"><a href="/sector/display-article/Services">Services</a><li id="nav_new_420"><a href="/category/companies-all-sectors-10117.htm">All Sectors</a></ul></li><li><a href="/opinion">Opinion</a><ul><li id="nav_new_263"><a href="/opinion-editorial">Editorial Comment</a><li id="nav_new_264"><a href="/opinion-columns">Columnists</a><li id="nav_new_434"><a href="/category/economy-policy-news-bs-special-1020104.htm" target="_blank">BS Special</a><li id="nav_new_268"><a href="/opinion-business-law-taxation">Business Law & Tax</a><li id="nav_new_266"><a href="/category/opinion-lunch-10507.htm">Lunch</a><li id="nav_new_294"><a href="/poll/list">Poll</a></ul></li><li><a href="/technology">Technology</a><ul><li id="nav_new_272"><a href="/technology-news">News</a><li id="nav_new_273"><a href="/category/technology-news-mobiles-tablets-1080101.htm">Mobiles & Tablets</a><li id="nav_new_274"><a href="/category/technology-news-apps-1080102.htm">Apps</a><li id="nav_new_275"><a href="/category/technology-news-people-1080107.htm">People</a><li id="nav_new_276"><a href="/category/technology-news-computers-1080103.htm">Computers</a></ul></li><li><a href="/specials">Specials</a><ul><li id="nav_new_398"><a href="/category/specials-weekend-10904.htm#188" target="_blank">Weekend</a><li id="nav_new_326"><a href="/category/specials-digital-c-1090701.htm">Digital Consumer</a><li id="nav_new_352"><a href="/category/specials-pe-vc-10976.htm">PE/VC</a><li id="nav_new_329"><a href="/category/specials-brand-w-10906.htm">Brand World</a><li id="nav_new_345"><a href="/category/sme-111.htm" target="_blank">SME</a><li id="nav_new_355"><a href="/category/companies-start-ups-10113.htm">Start-ups</a><li id="nav_new_356"><a href="/b2b-connect">B2B Connect</a><li id="nav_new_363"><a href="/partner-content" target="_blank">Sponsored Content</a><li id="nav_new_435"><a href="/category/economy-policy-news-bs-special-1020104.htm#435" target="_blank">BS Special</a></ul></li><li><a href="/pf">PF</a><ul><li id="nav_new_278"><a href="/pf-news">News</a><li id="nav_new_279"><a href="/pf-features">Features</a><li id="nav_new_280"><a href="/pf-news-investments">Investments</a><li id="nav_new_282"><a href="/pf-news-loans">Loans & Credit Cards</a><li id="nav_new_283"><a href="/pf-news-tax">Tax</a><li id="nav_new_281"><a href="/pf-news-insurance">Insurance</a><li id="nav_new_302"><a href="/personal-finance/financial-tools/">Financial Tools</a></ul></li><li><a href="/portfolio">Portfolio</a></li><li><a href="/user/my-page">My Page</a></li><li><a href="/multimedia" target="_blank">Multimedia</a><ul><li id="nav_new_418"><a href="/photo-gallery/list#418">Photo Gallery</a><li id="nav_new_419"><a href="/video-gallery/list/">Video Gallery</a></ul></li><li><a href="/budget" target="_blank">Budget 2018</a></li></ul></nav><div class="clearfix"></div></div></div><div id="newMenuNavigationSecondHide" style="display:none"><div id="horiz-menu"><div class="nav-outer-repeat"><div class="nav-outer"><div class="nav-new"><div class="table"><ul class="select"><li><a id="nav_menu_211" href="/">Home</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub default-disp"><ul class="sub"><li><a id="nav_menu_335" data-rel="211" href="/todays-paper/" class="border0">Today's Paper</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_212" data-rel="211" href="/latest-news/" class="border0">Latest News</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_213" data-rel="211" href="/economy-policy" class="border0">Economy</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_214" data-rel="211" href="/finance" class="border0">Finance</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_215" data-rel="211" href="/current-affairs" class="border0">Current Affairs</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_216" data-rel="211" href="/international" class="border0">International</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_217" data-rel="211" href="/management" class="border0">Management</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_219" data-rel="211" href="/category/specials-strategist-10903.htm" class="border0">The Strategist</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_220" data-rel="211" href="/category/specials-weekend-10904.htm" class="border0">Weekend</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_396" data-rel="211" href="/category/specials-data-stories-10908.htm" class="border0">Data Stories</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_397" data-rel="211" href="/gst#397" class="border0" style='background-color:#FFFFFF;color:#000000'>GST</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_221" href="/markets">Markets</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_296" data-rel="221" href="/markets-news" target="_blank" class="border0">News</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_297" data-rel="221" href="/markets-stocks" target="_blank" class="border0">Stocks</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_298" data-rel="221" href="/markets-commodities" target="_blank" class="border0">Commodities</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_300" data-rel="221" href="/markets-ipos" target="_blank" class="border0">IPOs</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_299" data-rel="221" href="/markets-mutual-funds" target="_blank" class="border0">Mutual Funds</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_303" data-rel="221" href="/live-market/mutual-fund/mf-tools" class="border0">Mutual Fund Tools</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_304" data-rel="221" href="/derivatives/dashboard/" class="border0">Derivatives</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_365" data-rel="221" href="/category/markets-bs-fund-manager-2013-1062001.htm" target="_blank" class="border0">BS Fund Manager</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_222" href="/companies">Companies</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_287" data-rel="222" href="/companies-news" class="border0">News</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_288" data-rel="222" href="/companies-results" class="border0">Results</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_436" data-rel="222" href="/category/companies-financial-x-ray-10107.htm" class="border0" style='background-color:#FFFFFF;color:#000000'>Financial X-Ray</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"></li><li><a id="nav_menu_289" data-rel="222" href="/sector/display-article/Auto" class="border0">Auto</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_307" data-rel="222" href="/sector/display-article/Engineering" class="border0">Engineering</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_308" data-rel="222" href="/sector/display-article/Financials" class="border0">Financials</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_310" data-rel="222" href="/sector/display-article/Infrastructure" class="border0">Infra</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_311" data-rel="222" href="/sector/display-article/IT" class="border0">IT</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_312" data-rel="222" href="/sector/display-article/Oil%20%26%20Gas" class="border0">Oil & Gas</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_313" data-rel="222" href="/sector/display-article/Telecom" class="border0">Telecom</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_317" data-rel="222" href="/sector/display-article/Services" class="border0">Services</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_420" data-rel="222" href="/category/companies-all-sectors-10117.htm" class="border0">All Sectors</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_223" href="/opinion">Opinion</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_263" data-rel="223" href="/opinion-editorial" class="border0">Editorial Comment</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_264" data-rel="223" href="/opinion-columns" class="border0">Columnists</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_434" data-rel="223" href="/category/economy-policy-news-bs-special-1020104.htm" target="_blank" class="border0" style='background-color:#FFFFFF;color:#000000'>BS Special</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"></li><li><a id="nav_menu_268" data-rel="223" href="/opinion-business-law-taxation" class="border0">Business Law & Tax</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_266" data-rel="223" href="/category/opinion-lunch-10507.htm" class="border0">Lunch</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_294" data-rel="223" href="/poll/list" class="border0">Poll</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_224" href="/technology">Technology</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_272" data-rel="224" href="/technology-news" class="border0">News</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_273" data-rel="224" href="/category/technology-news-mobiles-tablets-1080101.htm" class="border0">Mobiles & Tablets</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_274" data-rel="224" href="/category/technology-news-apps-1080102.htm" class="border0">Apps</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_275" data-rel="224" href="/category/technology-news-people-1080107.htm" class="border0">People</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_276" data-rel="224" href="/category/technology-news-computers-1080103.htm" class="border0">Computers</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_225" href="/specials">Specials</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_398" data-rel="225" href="/category/specials-weekend-10904.htm#188" target="_blank" class="border0">Weekend</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_326" data-rel="225" href="/category/specials-digital-c-1090701.htm" class="border0">Digital Consumer</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_352" data-rel="225" href="/category/specials-pe-vc-10976.htm" class="border0">PE/VC</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_329" data-rel="225" href="/category/specials-brand-w-10906.htm" class="border0">Brand World</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_345" data-rel="225" href="/category/sme-111.htm" target="_blank" class="border0">SME</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_355" data-rel="225" href="/category/companies-start-ups-10113.htm" class="border0">Start-ups</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_356" data-rel="225" href="/b2b-connect" class="border0">B2B Connect</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_363" data-rel="225" href="/partner-content" target="_blank" class="border0" style='background-color:#FFFFFF;color:#000000'>Sponsored Content</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"></li><li><a id="nav_menu_435" data-rel="225" href="/category/economy-policy-news-bs-special-1020104.htm#435" target="_blank" class="border0" style='background-color:#FFFFFF;color:#000000'>BS Special</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_226" href="/pf">PF</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_278" data-rel="226" href="/pf-news" class="border0">News</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_279" data-rel="226" href="/pf-features" class="border0">Features</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_280" data-rel="226" href="/pf-news-investments" class="border0">Investments</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_282" data-rel="226" href="/pf-news-loans" class="border0">Loans & Credit Cards</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_283" data-rel="226" href="/pf-news-tax" class="border0">Tax</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_281" data-rel="226" href="/pf-news-insurance" class="border0">Insurance</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_302" data-rel="226" href="/personal-finance/financial-tools/" class="border0">Financial Tools</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_227" href="/portfolio">Portfolio</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></ul><ul class="select"><li><a id="nav_menu_228" href="/user/my-page">My Page</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></ul><ul class="select"><li><a id="nav_menu_417" href="/multimedia" target="_blank" style='background-color:#FFFFFF;color:#000000;height:28px;'>Multimedia</a><input type="hidden" value="%7B%22bg_color%22%3A%22FFFFFF%22%2C%22font_color%22%3A%22000000%22%2C%22hover_bg_color%22%3A%22FFFFFF%22%2C%22hover_font_color%22%3A%22AC2122%22%7D"><div class="select_sub"><ul class="sub"><li><a id="nav_menu_418" data-rel="417" href="/photo-gallery/list#418" class="border0">Photo Gallery</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li><li><a id="nav_menu_419" data-rel="417" href="/video-gallery/list/" class="border0">Video Gallery</a><input type="hidden" value="%7B%22bg_color%22%3Anull%2C%22font_color%22%3Anull%2C%22hover_bg_color%22%3Anull%2C%22hover_font_color%22%3Anull%7D"></li></ul></div></ul><ul class="select"><li><a id="nav_menu_406" href="/budget" target="_blank" style='background-color:#AC2122;color:#FFFFFF;height:28px;'>Budget 2018</a><input type="hidden" value="%7B%22bg_color%22%3A%22AC2122%22%2C%22font_color%22%3A%22FFFFFF%22%2C%22hover_bg_color%22%3A%22AC2122%22%2C%22hover_font_color%22%3A%22FFFFFF%22%7D"></ul></ul><div class="clearfix"></div></div></div></div></div></div><div></div><div id="vertic-menu" style="display:none;"><ul id="menu"><li class=" drop drop-menu"><a id="nav_menu_vertic_211" href="/" class="pL10 ">Home</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_335" data-rel="211" href="/todays-paper/" class="pL10">Today's Paper</a></li><li><a id="nav_menu_vertic_212" data-rel="211" href="/latest-news/" class="pL10">Latest News</a></li><li><a id="nav_menu_vertic_213" data-rel="211" href="/economy-policy" class="pL10">Economy</a></li><li><a id="nav_menu_vertic_214" data-rel="211" href="/finance" class="pL10">Finance</a></li><li><a id="nav_menu_vertic_215" data-rel="211" href="/current-affairs" class="pL10">Current Affairs</a></li><li><a id="nav_menu_vertic_216" data-rel="211" href="/international" class="pL10">International</a></li><li><a id="nav_menu_vertic_217" data-rel="211" href="/management" class="pL10">Management</a></li><li><a id="nav_menu_vertic_219" data-rel="211" href="/category/specials-strategist-10903.htm" class="pL10">The Strategist</a></li><li><a id="nav_menu_vertic_220" data-rel="211" href="/category/specials-weekend-10904.htm" class="pL10">Weekend</a></li><li><a id="nav_menu_vertic_396" data-rel="211" href="/category/specials-data-stories-10908.htm" class="pL10">Data Stories</a></li><li><a id="nav_menu_vertic_397" data-rel="211" href="/gst#397" class="pL10">GST</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_221" href="/markets" class="pL10 ">Markets</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_296" data-rel="221" href="/markets-news" target="_blank" class="pL10">News</a></li><li><a id="nav_menu_vertic_297" data-rel="221" href="/markets-stocks" target="_blank" class="pL10">Stocks</a></li><li><a id="nav_menu_vertic_298" data-rel="221" href="/markets-commodities" target="_blank" class="pL10">Commodities</a></li><li><a id="nav_menu_vertic_300" data-rel="221" href="/markets-ipos" target="_blank" class="pL10">IPOs</a></li><li><a id="nav_menu_vertic_299" data-rel="221" href="/markets-mutual-funds" target="_blank" class="pL10">Mutual Funds</a></li><li><a id="nav_menu_vertic_303" data-rel="221" href="/live-market/mutual-fund/mf-tools" class="pL10">Mutual Fund Tools</a></li><li><a id="nav_menu_vertic_304" data-rel="221" href="/derivatives/dashboard/" class="pL10">Derivatives</a></li><li><a id="nav_menu_vertic_365" data-rel="221" href="/category/markets-bs-fund-manager-2013-1062001.htm" target="_blank" class="pL10">BS Fund Manager</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_222" href="/companies" class="pL10 ">Companies</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_287" data-rel="222" href="/companies-news" class="pL10">News</a></li><li><a id="nav_menu_vertic_288" data-rel="222" href="/companies-results" class="pL10">Results</a></li><li><a id="nav_menu_vertic_436" data-rel="222" href="/category/companies-financial-x-ray-10107.htm" class="pL10">Financial X-Ray</a></li><li><a id="nav_menu_vertic_289" data-rel="222" href="/sector/display-article/Auto" class="pL10">Auto</a></li><li><a id="nav_menu_vertic_307" data-rel="222" href="/sector/display-article/Engineering" class="pL10">Engineering</a></li><li><a id="nav_menu_vertic_308" data-rel="222" href="/sector/display-article/Financials" class="pL10">Financials</a></li><li><a id="nav_menu_vertic_310" data-rel="222" href="/sector/display-article/Infrastructure" class="pL10">Infra</a></li><li><a id="nav_menu_vertic_311" data-rel="222" href="/sector/display-article/IT" class="pL10">IT</a></li><li><a id="nav_menu_vertic_312" data-rel="222" href="/sector/display-article/Oil%20%26%20Gas" class="pL10">Oil & Gas</a></li><li><a id="nav_menu_vertic_313" data-rel="222" href="/sector/display-article/Telecom" class="pL10">Telecom</a></li><li><a id="nav_menu_vertic_317" data-rel="222" href="/sector/display-article/Services" class="pL10">Services</a></li><li><a id="nav_menu_vertic_420" data-rel="222" href="/category/companies-all-sectors-10117.htm" class="pL10">All Sectors</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_223" href="/opinion" class="pL10 ">Opinion</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_263" data-rel="223" href="/opinion-editorial" class="pL10">Editorial Comment</a></li><li><a id="nav_menu_vertic_264" data-rel="223" href="/opinion-columns" class="pL10">Columnists</a></li><li><a id="nav_menu_vertic_434" data-rel="223" href="/category/economy-policy-news-bs-special-1020104.htm" target="_blank" class="pL10">BS Special</a></li><li><a id="nav_menu_vertic_268" data-rel="223" href="/opinion-business-law-taxation" class="pL10">Business Law & Tax</a></li><li><a id="nav_menu_vertic_266" data-rel="223" href="/category/opinion-lunch-10507.htm" class="pL10">Lunch</a></li><li><a id="nav_menu_vertic_294" data-rel="223" href="/poll/list" class="pL10">Poll</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_224" href="/technology" class="pL10 ">Technology</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_272" data-rel="224" href="/technology-news" class="pL10">News</a></li><li><a id="nav_menu_vertic_273" data-rel="224" href="/category/technology-news-mobiles-tablets-1080101.htm" class="pL10">Mobiles & Tablets</a></li><li><a id="nav_menu_vertic_274" data-rel="224" href="/category/technology-news-apps-1080102.htm" class="pL10">Apps</a></li><li><a id="nav_menu_vertic_275" data-rel="224" href="/category/technology-news-people-1080107.htm" class="pL10">People</a></li><li><a id="nav_menu_vertic_276" data-rel="224" href="/category/technology-news-computers-1080103.htm" class="pL10">Computers</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_225" href="/specials" class="pL10 ">Specials</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_398" data-rel="225" href="/category/specials-weekend-10904.htm#188" target="_blank" class="pL10">Weekend</a></li><li><a id="nav_menu_vertic_326" data-rel="225" href="/category/specials-digital-c-1090701.htm" class="pL10">Digital Consumer</a></li><li><a id="nav_menu_vertic_352" data-rel="225" href="/category/specials-pe-vc-10976.htm" class="pL10">PE/VC</a></li><li><a id="nav_menu_vertic_329" data-rel="225" href="/category/specials-brand-w-10906.htm" class="pL10">Brand World</a></li><li><a id="nav_menu_vertic_345" data-rel="225" href="/category/sme-111.htm" target="_blank" class="pL10">SME</a></li><li><a id="nav_menu_vertic_355" data-rel="225" href="/category/companies-start-ups-10113.htm" class="pL10">Start-ups</a></li><li><a id="nav_menu_vertic_356" data-rel="225" href="/b2b-connect" class="pL10">B2B Connect</a></li><li><a id="nav_menu_vertic_363" data-rel="225" href="/partner-content" target="_blank" class="pL10">Sponsored Content</a></li><li><a id="nav_menu_vertic_435" data-rel="225" href="/category/economy-policy-news-bs-special-1020104.htm#435" target="_blank" class="pL10">BS Special</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_226" href="/pf" class="pL10 ">PF</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_278" data-rel="226" href="/pf-news" class="pL10">News</a></li><li><a id="nav_menu_vertic_279" data-rel="226" href="/pf-features" class="pL10">Features</a></li><li><a id="nav_menu_vertic_280" data-rel="226" href="/pf-news-investments" class="pL10">Investments</a></li><li><a id="nav_menu_vertic_282" data-rel="226" href="/pf-news-loans" class="pL10">Loans & Credit Cards</a></li><li><a id="nav_menu_vertic_283" data-rel="226" href="/pf-news-tax" class="pL10">Tax</a></li><li><a id="nav_menu_vertic_281" data-rel="226" href="/pf-news-insurance" class="pL10">Insurance</a></li><li><a id="nav_menu_vertic_302" data-rel="226" href="/personal-finance/financial-tools/" class="pL10">Financial Tools</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_227" href="/portfolio" class="pL10 ">Portfolio</a></li><li class=" drop drop-menu"><a id="nav_menu_vertic_228" href="/user/my-page" class="pL10 ">My Page</a></li><li class=" drop drop-menu"><a id="nav_menu_vertic_417" href="/multimedia" target="_blank" class="pL10 ">Multimedia</a><div class="dropdown_1column" style="z-index:9999;"><div class="col_1"><ul class="simple"><li><a id="nav_menu_vertic_418" data-rel="417" href="/photo-gallery/list#418" class="pL10">Photo Gallery</a></li><li><a id="nav_menu_vertic_419" data-rel="417" href="/video-gallery/list/" class="pL10">Video Gallery</a></li></ul></div></div></li><li class=" drop drop-menu"><a id="nav_menu_vertic_406" href="/budget" target="_blank" class="pL10 ">Budget 2018</a></li></ul><div class="clearfix"></div></div></div>           	<!-- TOP MENU END-->

          <ul class="nav top-left-menu">
          <li class="dropdown">
            <a href="#" class="dropdown-toggle" data-toggle="dropdown" role="button" aria-expanded="false">BS APPS
            <span class="caret"></span></a>
           <ul class="dropdown-menu" role="menu">
                <li><a href="/ipad" title="Download BS IPAD App">iPad</a></li>
                <li><a href="/iphone" title="Download BS IPHONE App">iPhone</a></li>
                <li><a href="/android" title="Download BS ANDROID App">Android</a></li>
                <li><a href="/wap" title="Business Standard on Mobile">Wap</a></li>
              </ul>
            </li>

            <li class="dropdown">
           <a href="#" class="dropdown-toggle" data-toggle="dropdown" role="button" aria-expanded="false">BS PRODUCTS
           <span class="caret"></span></a>
           <ul class="dropdown-menu" role="menu">
				<li><a href="http://smartinvestor.business-standard.com/" target="_blank">Smart Investor</a></li>
				<li><a href="http://hindi.business-standard.com/" target="_blank">BS Hindi</a></li>
			    <li><a href="http://www.bsmotoring.com/" target="_blank">BS Motoring</a></li>
			    <li><a href="http://books.business-standard.com/" target="_blank">BS Books</a></li>		    
			    <li><a href="/todays-paper">Today's Paper</a></li>			    
			    <!--<li><a href="http://books.business-standard.com/magazine.php#mang" target="_blank">Indian Management</a></li>
			    <li><a href="http://books.business-standard.com/magazine.php#eco" target="_blank">Economy &amp; Industry</a></li>-->
              </ul>
            </li>

            <!--   <li class="dropdown">
           <a href="/b2b-connect" class="dropdown-toggle" data-toggle="dropdown" role="button" aria-expanded="false">B2B Connect
           <span class="caret"></span></a>
           <ul class="dropdown-menu" role="menu">
               <li><a href="/b2b-connect">B2B Connect</a></li>
                <li><a href="/category/specials-power-10927.htm">Power & Energy</a></li>
                <li><a href="/category/sme-111.htm">SME</a></li>
              </ul>
            </li>-->
			
		   <li class="dropdown">
			<a href="http://epaper.business-standard.com" class="dropdown-toggle" target="_blank">BS E-Paper</a>
           </li>
           
           <li class="dropdown bs-learning">
			<a href="http://www.business-standard.com/bslearning" class="dropdown-toggle" target="_blank">Bs Learning
			    	</a>
           </li>

          </ul>
           <div class="clearfix"></div>
        </div>

          <div class="col-2 ipad40">
                    <ul class="nav top-right-menu ">
          				<li class="dropdown userLoggedIn orange displayNone">
			<a href="#" class="dropdown-toggle" data-toggle="dropdown" role="button" aria-expanded="false"><span style="text-transform: none;">Hi</span>, <span class="ucnameSpan"></span>
			<span class="caret"></span></a>
				<ul class="dropdown-menu displayNone" role="menu">
	                	                <li><a href="/user/change-password">Change Password</a></li>
	                            			<li><a href="/subscription-cart">Subscribe</a></li>
			 			                <li><a href="/user/sign-out?re=h"> Sign out</a></li>
              </ul>
			 <ul class="dropdown-menu" role="menu">
	                <li><a href="/user/change-password">Change Password</a></li>            		
					<li class="manageMyAccount displayNone" style="display: none!important;"><a href="/subscription-cart/manage">Manage My Account</a></li>
					<li class="usrSubcribe"><a href="/subscription-cart/product"></a></li>
	                <li class="siteSignout"><a href="/user/sign-out?re=h"> Sign out</a></li>
              </ul>
			</li>
			            <li class="dropdown userNotLoggedIn displayNone"><a href="/user/login" class="iframe" id="sign_in" data-fancybox-type="iframe">SIGN IN</a></li>
            <li class="dropdown orange userNotLoggedIn displayNone"><a href="/subscription-cart">Subscribe</a></li>
			          </ul>
          <script type="text/javascript">function getLoginCookie(cname){var name=cname+"=";var ca=document.cookie.split(';');for(var i=0;i<ca.length;i++){var c=ca[i];while(c.charAt(0)==' ')c=c.substring(1);if(c.indexOf(name)==0)return c.substring(name.length,c.length);}return"";}var usrLoginCookie=getLoginCookie('_userLoggedIn');if(usrLoginCookie==''){$(".userNotLoggedIn").removeClass('displayNone');}else{$(".userLoggedIn").removeClass('displayNone');var usrObj=decodeURIComponent(usrLoginCookie);usrObj=JSON.parse(usrObj);usrObj.ufname=usrObj.ufname.replace(/\+/g,' ');$(".ucnameSpan").html(decodeURIComponent(usrObj.ufname));if(usrObj.s=='t'){$(".usrSubcribe a").html('Manage My Account');$(".usrSubcribe a").attr("href","/subscription-cart/manage");}else{var subExp=getLoginCookie('_sub_exp');if(subExp!=''){var timestamp=Math.floor(Date.now()/1000);if((timestamp.toString().length==subExp.length)&&(subExp<timestamp)){$(".manageMyAccount").show();$(".usrSubcribe a").html('Subscribe');}else{$(".usrSubcribe a").html('Manage My Account');$(".usrSubcribe a").attr("href","/subscription-cart/manage");}}else{$(".usrSubcribe a").html('Subscribe');$(".manageMyAccount").show();}}if(usrObj.r=="f"){$(".siteSignout a").click(function(){FB.logout();});}else if(usrObj.r=="t"){$(".siteSignout a").click(function(){twttr.anywhere.signOut();});}}</script>
          <div class="social-BTN">
            <div class="social-icon">
                   <ul>
					<li class="FB"><a href="http://www.facebook.com/bsindia" target="_blank" title="Find Us on Facebook">&nbsp;</a></li>
					<li class="G"><a href="https://plus.google.com/105513640026823338822" target="_blank" title="Follow on Google Plus">&nbsp;</a></li>
                    <li class="IN"><a href="https://in.linkedin.com/company/business-standard" target="_blank" title="Connect on Linkedin">&nbsp;</a></li>
					<li class="TW"><a href="http://twitter.com/bsindia" target="_blank" title="Follow Us on Twitter">&nbsp;</a></li>
					<li class="YT"><a href="https://www.youtube.com/user/BusinessStandardLtd" target="_blank" title="Subscribe Us on Youtube">&nbsp;</a></li>
					<li class="RSS"><a href="/rss-feeds/listing/" target="_blank" title="RSS Feed">&nbsp;</a></li>
					<li class="AT"><a href="https://s.business-standard.com/web-push/subscribe_notifications.php" target="_blank" title="Notification Alert">&nbsp;</a></li>
            		                   <div class="clearfix"></div>
                   </ul>
               </div>
          </div>
           <div class="clearfix"></div>
        </div>
         <div class="clearfix"></div>
        </div><div class="clearfix"></div>
         <!-- TOP PANEL END-->
   <!-- LOGO -->
        <div class="logo-panel">
		<div class="left-logo">
					</div>
		<div class="right-logo">
					</div>
		<!-- BS LOGO -->
        <div class="BS-logo">
            <div class="logo"><a href="/"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/business-standard-logo.png" alt="Business Standard" title="Business Standard"/></a></div>
            <div class="time-panel" id="show_time" style="float: left;padding-left: 15px;"></div>
                    </div>
        <!-- BS LOGO END -->

		<div class="clearfix"></div>
		</div>
    <!-- LOGO END -->



   <!-- SECOND MENU -->
    <div class="second-menu-panel">
        <div class="sticky" id="newMenuNavigationSecond">
        </div>
      </div>
      <style type="text/css">.second-menu-panel{z-index:9999999!important}.top-menu{z-index:10000000!important}.fancybox-overlay,#fancybox-overlay{z-index:10000001!important}#overlay{z-index:10000002!important}.popup,#fancybox-wrap{z-index:10000003!important}#fancybox-content{min-height:380px;min-width:600px}#fancybox-wrap{min-width:640px}#menu li.drop{padding:8px 7px 8px 2px}</style>
   
   <!-- SECOND MENU END -->
	<div class="clearfix"></div>
    <!-- Latest News Ticker Start-->
	<div class="M-S-panel-latest-news latest-news-block">
	<div class="ticker-latest-news">
		<div class="latestnews-inner">
			<div class="latestnews-title"><a target="_blank" href="/latest-news/" style="color: #fff;">JUST IN</a></div>
			<div class="latestnews-txt ">
				<div class="ticker2 modern-ticker ">
					<div class="mt-body">
						<div class="mt-controls">
							<div class="mt-prev"></div>
							<div class="mt-play mt-pause"></div>
							<div class="mt-next"></div>
						</div>
						<div class="mt-news">
							<ul>
																																						<li>																									<a href="/article/international/a-vatican-china-deal-is-imminent-why-chinese-catholics-should-be-afraid-118021700106_1.html" target="_blank">
														A Vatican-China deal is imminent. Why Chinese catholics should be afraid													</a>
																							</li>
																																								<li>																									<a href="/article/beyond-business/new-york-s-central-park-a-dynamic-beauty-and-miraculous-oasis-of-nature-118021601306_1.html" target="_blank">
														New York's Central Park: A dynamic beauty and miraculous oasis of nature													</a>
																							</li>
																																								<li>																									<a href="/article/international/us-senate-rejects-key-immigration-bills-dreamers-trump-s-wall-in-limbo-118021600118_1.html" target="_blank">
														US Senate rejects key immigration bills: 'Dreamers', Trump's wall in limbo													</a>
																							</li>
																																								<li>																									<a href="/article/international/us-housing-starts-rising-in-january-single-family-starts-jump-3-7-118021601091_1.html" target="_blank">
														US housing starts rising in January; single-family starts jump 3.7%													</a>
																							</li>
																																								<li>																									<a href="/article/international/in-chris-rock-s-new-special-tamborine-a-humbler-master-at-work-118021601276_1.html" target="_blank">
														In Chris Rock's new special 'Tamborine', a humbler master at work													</a>
																							</li>
																																								<li>																									<a href="/article/international/pak-could-face-economic-pain-from-return-to-terrorist-financing-grey-list-118021600980_1.html" target="_blank">
														Pak could face economic pain from return to terrorist financing 'grey list'													</a>
																							</li>
																																								<li>																									<a href="/article/international/former-student-confesses-to-florida-shooting-trump-won-t-address-gun-law-118021600395_1.html" target="_blank">
														Forida shooting: Despite student's confession Trump refuses to talk gun law													</a>
																							</li>
																																								<li>																									<a href="/article/international/bangkok-air-worse-than-delhi-pollution-masks-a-must-for-thailand-holidays-118021600158_1.html" target="_blank">
														Bangkok air worse than Delhi? Pollution masks a must for Thailand holidays													</a>
																							</li>
																																								<li>																									<a href="/article/international/for-olympic-glory-athletes-need-talent-and-a-billionaire-backer-118021501439_1.html" target="_blank">
														For Olympic glory, athletes need talent and a billionaire backer													</a>
																							</li>
																																								<li>																									<a href="/article/international/chinese-consumers-may-need-to-learn-to-save-again-say-economists-118021501484_1.html" target="_blank">
														Chinese consumers may need to learn to save again, say economists													</a>
																							</li>
																																		</ul>
						</div>
					</div>
				</div>
			</div>
 			<div class="clearfix"></div>
		</div>
	</div>
	<div class="search-box-news">
		<form name="frm_search" action="/search" id="frm_search" method="get" class="fRt">
		<ul>
			<li>
				<input name="q" type="text" class="searchF ac_input searchbox searchboxInput" placeholder="Search" id="head-suggest" value="" autocomplete="off" title="Search here"/>
				<input id="company_code1" name="company-code" type="hidden"/>
			</li>
			<li>
				<select class="quoteselect" id="select_type" name="select_type">
					<option value="news">News</option>
					<option value="stocks">Stock Quote</option>
					<option value="authors">Authors</option>
<!--					<option value="topic" >Topic</option>-->
					<option value="video">Video</option>
				</select>
			</li>
			<li>
				<a href="javascript:void(0);" class="searchboxArw mT5" id="search_btn">
					<input name="" type="button" class="search-btn" value=""/>
				</a>
			</li>
		</ul>
		</form>
		<div class="clearfix"></div>
	</div>
	<form name="frm_search" action="/search" id="frm_search1" method="get" class="fRt" style="display: none;">
		<div class="currentOption fRt">
			<table border="0">
				<tbody>
					<tr>
						<td><input id="radio_news" type="radio" name="type" checked="checked" value="news"/>
						<span>&nbsp;News</span></td>
						<td>&nbsp;
						<input id="radio_stock" type="radio" name="type" value="stocks" onclick="getCompaniesJson()"/>
						<span>&nbsp;Stock Quote</span></td>
						<td>&nbsp;
						<input id="radio_authors" type="radio" name="type" value="authors"/>
						<span>&nbsp;Authors</span></td>
<!--						<td>&nbsp;-->
<!--						<input id="radio_topic" type="radio" name="type" value="topic"  />-->
<!--						<span>&nbsp;Topic</span></td>-->
						<td>&nbsp;
						<input id="radio_video" type="radio" name="type" value="video"/>
						<span>&nbsp;Video</span>
						</td>
					</tr>
				</tbody>
			</table>
			<div class="fLt mT5">
				<input id="company_code" name="company-code" type="hidden"/>
				<input name="q" class="ac_input searchbox searchboxInput" id="search_box_text" type="text" value="" autocomplete="off"/>
			</div>
			<div class="searchboxArw mT5" id="search_btn_div"></div>
		</div>
	</form>
</div>
<script type="text/javascript">$(".latest-news-block #select_type").change(function(){document.cookie="selectType="+$(this).val();});getCookieAndSetDefault("selectType");function getCookieAndSetDefault(c_name){var c_value=document.cookie;console.log(c_value);var c_start=c_value.indexOf(" "+c_name+"=");if(c_start==-1){c_start=c_value.indexOf(c_name+"=");}if(c_start==-1){c_value=null;}else{c_start=c_value.indexOf("=",c_start)+1;var c_end=c_value.indexOf(";",c_start);if(c_end==-1){c_end=c_value.length;}c_value=unescape(c_value.substring(c_start,c_end));}if(c_value!='null'&&c_value!=null){$(".latest-news-block #select_type").val(c_value);}}</script>
<script type="text/javascript">$(".latest-news-block #select_type").change(function(){var itemVal=$(this).val();if(itemVal=='news'){$(".latest-news-block #radio_news").attr("checked","checked");$(".latest-news-block #radio_news").trigger("click");}else if(itemVal=='stocks'){$(".latest-news-block #radio_stock").attr("checked","checked");$(".latest-news-block #radio_stock").trigger("click");}else if(itemVal=='authors'){$(".latest-news-block #radio_authors").attr("checked","checked");$(".latest-news-block #radio_authors").trigger("click");}else if(itemVal=='topic'){$(".latest-news-block #radio_topic").attr("checked","checked");$(".latest-news-block #radio_topic").trigger("click");}else if(itemVal=='video'){$("#radio_video").attr("checked","checked");$("#radio_video").trigger("click");}});$(document).ready(function(){var itemVal=$('#select_type').val();if(itemVal=='news'){$(".latest-news-block #radio_news").attr("checked","checked");$(".latest-news-block #radio_news").trigger("click");}else if(itemVal=='stocks'){$(".latest-news-block #radio_stock").attr("checked","checked");$(".latest-news-block #radio_stock").trigger("click");}else if(itemVal=='authors'){$(".latest-news-block #radio_authors").attr("checked","checked");$(".latest-news-block #radio_authors").trigger("click");}else if(itemVal=='topic'){$(".latest-news-block #radio_topic").attr("checked","checked");$(".latest-news-block #radio_topic").trigger("click");}else if(itemVal=='video'){$("#radio_video").attr("checked","checked");$("#radio_video").trigger("click");}});$(".latest-news-block #search_btn").click(function(){$(".latest-news-block #search_box_text").val($(".latest-news-block #head-suggest").val());$(".latest-news-block #frm_search").submit();});$(".latest-news-block #head-suggest").keypress(function(e){if(e.charCode==13){$(".latest-news-block #frm_search").submit();}});var companyJsonFile="";function getCompaniesJson(){var o=$(".latest-news-block #head-suggest");objHiddenValField="";if(objHiddenValField==undefined||objHiddenValField==""){objHiddenValField=$(".latest-news-block #company_code");}$.ajax({url:"/api-handler/article/get-company-json",cache:true,success:function(data){var jsonObj=eval(data);companyFileLoaded=true;companyJsonFile=jsonObj;$(o).autocomplete({source:function(request,response){var term=$.ui.autocomplete.escapeRegex(request.term),startsWithMatcher=new RegExp("^"+term,"i"),startsWith=$.grep(companyJsonFile,function(value){return(startsWithMatcher.test(value.value)||(startsWithMatcher.test(value.compSym))||(startsWithMatcher.test(value.compName)));}),containsMatcher=new RegExp(term,"i"),contains=$.grep(companyJsonFile,function(value){return $.inArray(value,startsWith)<0&&(containsMatcher.test(value.value)||(containsMatcher.test(value.compSym))||(containsMatcher.test(value.compName)));});response(startsWith.concat(contains));},minLength:3,autoFocus:true,disabled:false,select:function(event,ui){$(objHiddenValField).val(ui.item.compId);$(o).val(ui.item.compFormatted);$objForm=$(o).closest("form");if($objForm.attr("name")!="frm_equity"){$objForm.submit();}},open:function(){$(this).removeClass("ui-corner-all").addClass("ui-corner-top");},close:function(){$(this).removeClass("ui-corner-top").addClass("ui-corner-all");}}).data("autocomplete")._renderItem=function(ul,item){var result=String(item.label).replace(new RegExp(this.term,"gi"),"<b>$&</b>");return $("<li></li>").data("item.autocomplete",item).append($("<a></a>").html(result)).appendTo(ul);};}});}</script>      <div class="clearfix"></div>
    <!-- Latest News Ticker end -->
    <div style="font-size: 13px;">    <div class="clearfix"></div>
    <!-- Latest News Ticker Start-->
        <div class="clearfix"></div>
    <!-- Latest News Ticker end -->
    </div>
    
     <!-- HEADER END-->
			<div class="breadcrum"> You are here: <a href="/" class="bact">Home</a> &raquo; <a href="/international" class="bact">International</a> » <a href="/category/international-news-11601.htm" class="bact">News</a> » <a href="/category/international-news-others-1160108.htm">Others</a></div>    <div class="clearfix"></div>
    </div>
    <!-- HEADER END-->
<!-- Change for Market Tags START -->

<script type="text/javascript">$(document).ready(function(){$(".select li a").hover(function(){var colorObj=$(this).next('input').val();colorObj=JSON.parse(decodeURIComponent(colorObj));if(typeof colorObj!=="undefined"&&typeof colorObj.hover_bg_color!=="undefined"&&colorObj.hover_bg_color!=null){$(this).attr('style','color:#'+colorObj.hover_font_color+' !important;background:#'+colorObj.hover_bg_color+' !important;height:32px;');}var rel=$(this).attr('rel');if(rel!=undefined&&rel!=''){var colorObjRel=$('#nav_menu_'+rel).next('input').val();colorObjRel=JSON.parse(decodeURIComponent(colorObjRel));if(typeof colorObjRel!=="undefined"&&typeof colorObjRel.hover_font_color!=="undefined"&&colorObjRel.hover_font_color!=null){$('#nav_menu_'+rel).attr('style','color:#'+colorObjRel.hover_font_color+' !important;background:#'+colorObjRel.hover_bg_color+' !important;height:32px;');}}},function(){if(!$(this).hasClass('activelink')){var colorObj=$(this).next('input').val();colorObj=JSON.parse(decodeURIComponent(colorObj));if(typeof colorObj!=="undefined"&&typeof colorObj.bg_color!=="undefined"&&colorObj.bg_color!=null){$(this).attr('style','color:#'+colorObj.font_color+' !important;background:#'+colorObj.bg_color+' !important;height:28px;');}}var rel=$(this).attr('rel');if(rel!=undefined&&rel!=''&&!$('#nav_menu_'+rel).hasClass('activelink')){var colorObjRel=$('#nav_menu_'+rel).next('input').val();colorObjRel=JSON.parse(decodeURIComponent(colorObjRel));if(typeof colorObjRel!=="undefined"&&typeof colorObjRel.font_color!=="undefined"&&colorObjRel.font_color!=null){$('#nav_menu_'+rel).attr('style','color:#'+colorObjRel.font_color+' !important;background:#'+colorObjRel.bg_color+' !important;height:31px;');}}});});$("#newMenuNavigationSecond").html($("#newMenuNavigationSecondHide").html());$("#newMenuNavigationSecondHide").html("");$('.select_sub').first().removeClass('default-disp');var mid='216';var rel=$('#nav_menu_'+mid).attr('rel');if(rel!=undefined&&rel!=''){$('#nav_menu_'+rel).addClass('activelink');$('#nav_menu_'+mid).addClass('activelink');$('#nav_menu_'+rel).parent().find('.select_sub').addClass('default-disp');$('#nav_menu_'+mid).parent().find('.select_sub').addClass('default-disp');}else{$('#nav_menu_'+mid).addClass('activelink');if($('#nav_menu_'+mid).parent().find('.select_sub').length==0){$(".nav-new").find('.select:first').find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}else{$('#nav_menu_'+mid).parent().find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}}var colorObj=$('#nav_menu_'+mid).next('input').val();if(colorObj!=undefined&&colorObj!=''){colorObj=JSON.parse(decodeURIComponent(colorObj));if(typeof colorObj!=="undefined"&&typeof colorObj.bg_color!=="undefined"&&colorObj.hover_font_color!=null){$('#nav_menu_'+mid).attr('style','color:#'+colorObj.hover_font_color+' !important;background:#'+colorObj.hover_bg_color+' !important;height:32px;');}}if(rel!=undefined&&rel!=''){var colorObjRel=$('#nav_menu_'+rel).next('input').val();colorObjRel=JSON.parse(decodeURIComponent(colorObjRel));if(typeof colorObjRel!=="undefined"&&typeof colorObjRel.bg_color!=="undefined"&&colorObjRel.hover_font_color!=null){$('#nav_menu_'+rel).attr('style','color:#'+colorObjRel.hover_font_color+' !important;background:#'+colorObjRel.hover_bg_color+' !important;height:32px;');}}$('.select').mouseenter(function(){$(".select").each(function(){if(($(this).find('.activelink').length>0)){$(this).find('.select_sub').removeClass('default-disp');$(this).find('li').removeClass('activelink');}});if(!($(this).find('.select_sub').length>0)){$(".nav-new").find('.select:first').find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}else{$(".nav-new").find('.select:first').find('.select_sub').removeClass('default-disp');$(".nav-outer-repeat").css("height","62px");}});$('.nav-outer').mouseleave(function(){if(rel!=undefined&&rel!=''){$('#nav_menu_'+rel).addClass('activelink');$('#nav_menu_'+mid).addClass('activelink');$('#nav_menu_'+rel).parent().find('.select_sub').addClass('default-disp');$('#nav_menu_'+mid).parent().find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}else{if($('#nav_menu_'+mid).parent().find('.select_sub').length==0){$(".nav-new").find('.select:first').find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}else{$(".nav-new").find('.select:first').find('.select_sub').removeClass('default-disp');$('#nav_menu_'+mid).addClass('activelink');$('#nav_menu_'+mid).parent().find('.select_sub').addClass('default-disp');$(".nav-outer-repeat").css("height","62px");}}});$('.activelink').mouseenter(function(){$('.activelink').first().addClass('nolink');});</script>


<!-- Change for Market Tags END -->
<!-- Country Code=IN -->		<!-- HEADER END-->

		<!-- MAIN CONTENT AREA -->
	    <div class="content-main" id="hpcontentbox">
	    
  <!-- /Dynamic Banner 1 mytest_728x90 -->
<div id="dynamicBanner1" style="display:none;">
<script>if(navigator.userAgent.match(/Android|BlackBerry|iPhone|iPad|iPod|Opera Mini|IEMobile/i)){$("#dynamicBanner1").show();document.write("");document.write("<html>");document.write("<head>");document.write("<script>");document.write("var googletag = googletag || {};");document.write("googletag.cmd = googletag.cmd || [];");document.write("<\/script>");document.write("");document.write("<script>");document.write("googletag.cmd.push(function() {");document.write("googletag.defineSlot(\'\/6516239\/BS_Tablet_Common_728x90\', [728, 90], \'div-gpt-ad-1484227155140-0\').addService(googletag.pubads());");document.write("googletag.enableServices();");document.write("});");document.write("<\/script>");document.write("<\/head>");document.write("");document.write("<body>");document.write("<!-- \/6516239\/BS_Tablet_Common_728x90 -->");document.write("<div id=\'div-gpt-ad-1484227155140-0\' style=\'height:90px; width:728px;\'>");document.write("<script>");document.write("googletag.cmd.push(function() { googletag.display(\'div-gpt-ad-1484227155140-0\'); });");document.write("<\/script>");document.write("<\/div>");document.write("<\/body>");document.write("<\/html>");document.write("");}else{$(document).ready(function(){$(".banner-970-90:first").show();});}</script>
<style type="text/css">.banner-970-90:first-child{display:none}#dynamicBanner1{margin:0 auto;width:728px;margin-bottom:21px}</style>
</div>
  <!-- /Dynamic Banner 1 mytest_728x90 -->		
		
		<link href="http://bsmedia.business-standard.com/include/_mod/site/html5/css/arrow.css" rel="stylesheet" type='text/css'/>
<link href="http://bsmedia.business-standard.com/include/_mod/site/html5/css/article.main.css?2046" rel="stylesheet" type='text/css'/>

<!-- Move Video Embed code Top if Exist Start -->
<!-- Move Video Embed code Top if Exist End -->

<meta itemprop="keywords" name="keywords" content="Hurricane Harvey, Houston, Texas, insurers, Hurricane Harvey impact, floods, United States"/>

<style type='text/css'>body#cke_pastebin{position:inherit!important;top:inherit!important;width:inherit!important;height:inherit!important;overflow:inherit!important;left:inherit!important}span.p-content{font-family:'Open Sans',sans-serif;font-size:15px;line-height:24px}span.p-content a{color:#2591dc;text-decoration:none}.bBorder1{border-bottom:1px solid #c4c6c8!important}li.size16 .bB1:last-child{border-bottom:0!important}.colL_MktColumn1.panel-left .banner240-180 div[style="float: left;"] div[style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:620px;"]{width:100%!important}.unlock_bg{padding:8px 15px;height:44px;background:#eee none repeat scroll 0% 0%;border-width:1px 1px 1px 4px;border-style:solid;border-color:#fff #fff #fff #ac2122;box-shadow:0 0 10px 0 #d6d6d6;font-family:"Open Sans",sans-serif;font-size:16px;color:#1d1d1d;font-weight:600;width:640px}.unlock_bg ul{margin:0;padding:0}.unlock_bg ul li{list-style-type:none;float:left}.unlock_bg .unlock{padding:3px 0 0 10px;vertical-align:middle}.unlock_bg .unlock a{text-decoration:none;color:#1d1d1d}.unlock_bg .circle{width:22px;height:22px;background-color:#ac2122;-moz-border-radius:70px;-webkit-border-radius:70px;border-radius:70px;text-align:center;color:#fff;margin-left:45px;margin-top:3px}.unlock_bg .article{padding:3px 0 0 10px;vertical-align:middle;color:#017e22}.unlock_bg .article a{text-decoration:none;color:#017e22}.columnist{padding:6px 10px;border:0;display:block;background:#4d5557;color:#fff;font-size:14px;cursor:pointer}.modal{opacity:0;visibility:hidden;position:fixed;top:0;right:0;bottom:0;left:0;text-align:left;transition:opacity .25s ease;z-index:999;position:relative}.modal__bg{position:relative;top:0;right:0;bottom:0;left:0;cursor:pointer}.modal-state{display:none}.modal-state:checked+.modal{opacity:1;visibility:visible}.modal-state:checked+.modal .modal__inner{top:0}.modal__inner{transition:top .25s ease;position:relative;top:0;right:0;bottom:0;left:0;width:640px;margin:auto;overflow:auto;background:#eee;padding:10px 15px;height:70px;border-top:1px solid #fff;border-right:1px solid #fff;border-bottom:1px solid #fff;border-left:4px solid #ac2122;-webkit-box-shadow:0 0 10px 0 rgba(214,214,214,1);-moz-box-shadow:0 0 10px 0 rgba(214,214,214,1);box-shadow:0 0 10px 0 rgba(214,214,214,1);font-family:'Open Sans',sans-serif;font-size:15px;color:#1d1d1d;line-height:22px}.modal__inner_left{width:70%;float:left}.modal__inner_right{width:30%;float:right}.modal__close{position:absolute;right:10px;top:20px;width:70px;height:24px;cursor:pointer;background-color:#ac2122;font-size:13px;font-weight:normal;border-radius:2px;text-align:center;color:#fff}.modal__proceed{position:absolute;right:90px;top:20px;width:70px;height:24px;cursor:pointer;background-color:#0a6d02;font-size:13px;font-weight:normal;border-radius:2px;text-align:center;color:#fff}@media (max-width:768px){.modal__inner{width:692px}.floatR{float:right!important}.unlock_bg{width:692px}}</style>

<!-- Go to www.addthis.com/dashboard to customize your tools -->

<div class="flex-direction-nav">
	<a sl-processed="1" class="flex-prev" href="/article/international/hurriance-irma-batters-florida-with-high-winds-heavy-rain-117091100046_1.html">
		<span class="caption">
			<div class="side-article">
				<h2>Hurriance Irma batters Florida with high winds, heavy rain</h2>
				<div class="clearfix"></div>
			</div>
		</span>
		<span class="arrow"></span>
	</a>
	<a sl-processed="1" class="flex-next" href="/article/international/instead-of-launching-a-missile-north-korea-throws-a-party-117091100051_1.html">
		<span class="caption">
			<div class="side-article">
				<h2>Instead of launching a missile, North Korea throws a party</h2>
				<div class="clearfix"></div>
			</div>
		</span>
		<span class="arrow"></span>
	</a>
</div>


	  						<!-- ADV 728X90 -->
			<div class="banner-970-90 mB10">
	        	<script type="text/javascript">document.write("<!--");if(isUserBanner=="free"&&(displayConBanner==1))document.write("-->");</script>
<div id='div-gpt-ad-1475053751424-0' style='width:970px; align:center !important;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1475053751424-0');});</script>
</div><!-- International_super_728x90_inside --><script type="text/javascript">document.write("<!--");if(isUserBanner=="paid"&&(displayConBanner==1))document.write("-->");</script>
<div id='div-gpt-ad-1493025798462-0' style='height:90px; width:728px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1493025798462-0');});</script>
</div><!-- International_super_728x90_inside --><script type="text/javascript">displayConBanner=1;</script>	       		</div>
		
	  	   		  		    		<a href="https://plus.google.com/105513640026823338822?rel=author" style="display:none;">Business Standard</a>
  		
	<!-- row-panel -->
    <div class="row-panel">
		<!-- breadcrum -->
        	   
	   <meta itemprop="sourceOrganization" content="Business-Standard"/>
	   <meta itemprop="publisher" content="Business-Standard"/>
	   
        <!-- breadcrum end -->
      	<!-- LEFT CONTENT -->
      	        <div class=" main-cont-left topB">
			<div class="row-inner">
	        	<!-- TOP ARTICLE HEAD  -->
	          	<div class="story-head pB0">
					  					  
					 <h1 class="headline">
					 					 Up to $30 bn in insured damages from Hurricane Harvey					 </h1>
				  					   		<h2 class="alternativeHeadline">The evaluation of losses is complex due to the prevalence of flooding</h2>
				   	
					<!-- LAST UPDATE -->
					<div class="last-update mT10">
						  <p class="fL">
							  <span>
								  								  <a target="_blank" href="/author/search/keyword/afp-pti">AFP | PTI</a>&nbsp;								  								  |&nbsp;
								  								  								  <news:geo_locations>Monaco</news:geo_locations>&nbsp;							  </span>
							  							  <meta itemprop="datePublished" content="2017-09-11"/>
							  <span itemprop="datePublished" content="2017-09-11">							  Last Updated at September 11, 2017 02:22 IST</span>
							  						</p>
					  	

											      <div class="clearfix"></div>
					   
					   					   
					<div class="clearfix"></div>
					</div>
					
					
					<div class="social-shar-bar">
					 	<!-- Go to www.addthis.com/dashboard to customize your tools -->
						<div class="addthis_sharing_toolbox" data-url="http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html" data-title="Up to $30 bn in insured damages from Hurricane Harvey">
							<div class="at-share-tbx-element addthis_32x32_style addthis-smartlayers addthis-animated at4-show fR">
																<a href="javascript:void(0);" class="at-share-btn mR5 fL">
								 	<img alt="Tiny URL" title="Tiny URL" id="tiny_bbtn" src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/icon/link-icon.png">
								</a>
								<a href="/user/my-page/add-article/item-id/117091000654" target="_blank" class="at-share-btn mR5 fR">
								 	<img alt="Add to My Page" title="Add to My Page" id="tiny_bbtn" src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/addto_mypage.jpg">
								</a>
								<a class="at-share-btn at-svc-print" href="http://www.business-standard.com/article/printer-friendly-version?article_id=117091000654">
									<img title="Print" alt="Print" src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/print.jpg">
								</a>
								<a class="at-share-btn at-svc-email mR5" id="article" onclick="showhideEmailBox('article','y');" title="Email this page" href="javascript:void(0);">
									<img title="Email" alt="Email" src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/email.jpg">
								</a>
							</div>
						</div>
						<div id="emailbox_article" style="display: none;margin-bottom:4px;">
<form action="/email/send" method="post" name="email_formarticle" id="email_formarticle">
<input type="hidden" name="var_item_id" value="117091000654">
<input type="hidden" name="heading" value="Up to $30 bn in insured damages from Hurricane Harvey">
<input type="hidden" name="type" value="article">
<input type="hidden" name="location" value="article">
<input type="hidden" name="requestGalleryUri" value=""/>
<div id="emailbox" class="mT10">
            <div class="fRt mR10 mT5"><a href="javascript:showhideEmailBox('article','n');"><img src="http://bsmedia.business-standard.com/include/_mod/site/images/close_img.png" width="12" height="12" title="Close"/></a></div>
            <h2 class="logtxt1">email this article</h2>

         	<table cellpadding="3">
            	<tbody>
                    <tr>
                    	<td>Message:</td>
			            <td><input tabindex="1" name="subject" id="subjectarticle" type="text" class="f-field" value="Up to $30 bn in insured damages from Hurricane Harvey"></td>
			            <td>Recipients' Email:</td>
			            <td>
					        <input tabindex="2" name="to_email" id="to_emailarticle" type="text" class="f-field validate[required,funcCall[checkMultiEmail]]"><span class="label-name">Type address separated by commas</span></td>
         			</tr>
			   		<tr>
			   			<td>Your Email:</td><td><input tabindex="3" name="from_email" id="from_emailarticle" type="text" class="f-field validate[required,custom[email]]"></td>
			   			<td><span class="capcha"><!--  <img src="images/capcha.jpg">--><span id="image_captcha_box_article"></span></span></td>
			   			<td><input tabindex="4" id="captcha_text_article" name="captcha_article[input]" type="text" class="f-field fL validate[required]"/><span class="refresh fL"><a href="#"><img class="reload_image_captcha" id="article" src="http://bsmedia.business-standard.com/include/_mod/site/images/refresh_btn.png" border"0"=""></a></span><span class="label-name">Enter the characters shown in the image.</span>
			   			<input type="hidden" id="captcha_id_article" name="captcha_article[id]" value=""/></td>
			   		</tr>
			   		<tr>
			   			<td colspan="2">Send me a copy:
			   			  <input tabindex="5" name="copy_to" type="checkbox" value="1"></td>
			            <td colspan="2"></td>
			   		</tr>
			   		<tr>
				    	<td colspan="2">&nbsp;</td>
			       		<td></td>
			       		<td>
			       		<!--<a class="btn-org" tabindex="6" href="javascript:validEmailForm('article');" title="Send">Send</a>-->
			       		  <input name="" onclick="validEmailForm('article');" type="button" value="SEND" class="btn-org"></td>
			   		</tr>
       	       	</tbody>
            </table>
         	<!--  <div class="logpan1 mT5 fLt mL10">
            <p class="fLt">Message:</p>
            <div class="fRt mR10 w190"><input tabindex="1" name="subject" id="subjectarticle" type="text"  class="inputbox w190" value="Up to $30 bn in insured damages from Hurricane Harvey" /></div>
            <p class="fLt mT35 w60" style="width: 61px !important;">Your Email:</p>
            <div class="fRt mT26 mR10 w190"><input tabindex="3" name="from_email" id="from_emailarticle" type="text" class="inputbox w190 validate[required,custom[email]]"/></div>
            <p class="fLt w110 mT15">Send me a copy:</p>
            <div class="fLt mT20 mR10 w10"><input tabindex="5" name="copy_to" type="checkbox" value="1" /></div>
         	</div>

            <div class="logpan1 mT5 fLt mL15">
            <p class="fLt" style="width: 100px !important;">Recipients' Email:</p>
            <div class="fRt mR10 w220"  style="width: 169px !important;"><input tabindex="2" name="to_email" id="to_emailarticle" type="text" class="inputbox w190 validate[required,funcCall[checkMultiEmail]]"  /></div>
            <div class="fs10 fRt w199 mR5 mT5" style="margin-right:-20px!important">Type address separated by commas</div>
            <div class="fLt w110 mT10"><span id="image_captcha_box_article"></span></div>
            <div class="fRt w150 mL10 mT10 mR10" style="width: 157px !important;">
            <input tabindex="4" id="captcha_text_article" name="captcha_article[input]" type="text" class="inputbox w150 validate[required]" style="width: 178px !important;">
            &nbsp;<img class="reload_image_captcha" id="article" src="/include/_mod/site/images/refresh_btn.png" style="cursor:pointer; width:10px;" title="refresh" />
            <input type="hidden" id="captcha_id_article" name="captcha_article[id]" value="" />
            </div>
            <div class="fs10 fRt w199 mT5">Enter the characters shown in the image.</div>
       		</div>

            <div class="clrBoth"></div>
            <div class="mL10 mT20 mR10">
              <div class="clrBoth"><br></div>
              <div class="button fRt w50 mR10 mT10"><a tabindex="6" href="javascript:validEmailForm('article');" title="Send">Send</a></div>
            </div>-->
</div>

</form>
<script type="text/javascript">$(document).ready(function(){$("#email_formarticle").validationEngine({promptPosition:"topRight:-100"});$(".reload_image_captcha").click(function(){var _id=this.id;$.ajax({"type":"POST","url":"/request-handler/reload-captcha","success":function(data){if(data!=undefined){try{var _res=eval(data);if(_res.err!=undefined&&_res.id!=undefined&&_res.msg!=undefined){if(_res.err=='0'){var captchaId="#captcha_id_"+_id;var imgCaptchaBox="#image_captcha_box_"+_id;$(captchaId).val(_res.id);$(imgCaptchaBox).html(_res.msg);}else{alert(_res.msg);}}}catch(e){}}}});return false;});$(".at-svc-email").one("click",function(){$(".reload_image_captcha").trigger("click");});});</script>
</div>						<div class="clearfix"></div>
					</div>
										 <div id="tiny_dialog" title="Tiny URL" style="display: none;">
							<p>http://mybs.in/2UYlvvY</p>
							<br/>
														<p style="font-style:italic;font-weight: bold;"><input type="button" onclick="copyTinyUrl()" class="login-btn btn-maroon fL W100" value="Copy URL"></p>
												</div>
					<script type="text/javascript">function copyTinyUrl(){var text=$("#tiny_dialog p")[0];if($.browser.msie){var range=document.body.createTextRange();range.moveToElementText(text);range.select();}else{var selection=window.getSelection();var range=document.createRange();range.selectNodeContents(text);selection.removeAllRanges();selection.addRange(range);}document.execCommand("copy");}$(function(){$("#tiny_dialog").dialog({autoOpen:false});$("#tiny_bbtn").on("click",function(){$("#tiny_dialog").dialog("open");});});</script>
					 				</div>


		       	<!-- TXT ADV PANEL -->
								<!-- TXT ADV PANEL -->
					<div class="txt-adv-panel"><script type="text/javascript">document.write("<!--");if(isUserBanner=="free"&(displayConBanner==1))document.write("-->");</script>
<div id='div-gpt-ad-1479277932687-0' style='height:60px; width:640px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1479277932687-0');});</script>
</div><!-- 468x60_storypage --><script type="text/javascript">document.write("<!--");if(isUserBanner=="paid"&(displayConBanner==1))document.write("-->");</script>
<div id='div-gpt-ad-1479277932687-0' style='height:60px; width:640px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1479277932687-0');});</script>
</div>
<!-- 468x60_storypage --><script type="text/javascript">displayConBanner=1;</script></div>
				

        <!-- TOP ARTICLE CONTENT   -->
 									<!-- Move Video Embed code Top if Exist Start -->
										<!-- STORY CONTENT -->
  										  						<div class="colL_MktColumn0 full-img bB1">
   	 						<div style="float: left;">
	<img align="" alt="Hurricane Harvey" class="imgCont" height="464" src="http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Hurricane Harvey" width="620"/>
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px;">
		Houses submerged in the flood water due to the hurricane in Houston | Photo: Reuters</div>
</div>	   	 													   	 <script type="text/javascript">$(".colL_MktColumn0 div img").first().removeAttr('height width');$(".colL_MktColumn0 div img").first().css({'width':600,'height':'','margin-bottom':'7px'});</script>
	 							 					</div>
	 					<div class="clearfix"></div>
	 						 													<div class="story-content">
				
  				
  					  					   					   					
   					<!-- Overwrite Story Content -->
					
											
					<!-- Overwrite Story Content -->

				     	  							<div class="colL_MktColumn1 panel-left">
  															       	 																			 <script type="text/javascript">var imgWidth=$(".colL_MktColumn1 div img").first().width();$(".colL_MktColumn1 div img").first().removeAttr('height width');$(".colL_MktColumn1 div img").first().css({'width':240,'height':''});</script>
																		
																											
										    								<div class="also-read-panel grey-bg">
		    								<div class="aticle-list">
			    								<ul>
				  																			  													      															<li class="size16">
																<h2 class="title2 mB0">ALSO READ</h2>
																												          															          			<span class="fS14 bB1 bBorder1"><a href="/article/international/hurricane-horror-harvey-s-bill-rises-by-the-hour-117083100045_1.html">Hurricane horror: Harvey's bill rises by the hour</a></span>
																	 
												          														          															          			<span class="fS14 bB1 bBorder1"><a href="/article/international/hurricane-harvey-toll-touches-37-flood-receding-from-houston-117083100264_1.html">Hurricane Harvey: Toll touches 37; flood receding from Houston</a></span>
																	 
												          														          															          			<span class="fS14 bB1 bBorder1"><a href="/article/international/hurricane-harvey-threatens-texas-booming-oil-energy-exports-117082600090_1.html">Hurricane Harvey threatens Texas' booming oil, energy exports</a></span>
																	 
												          														          															          			<span class="fS14 bB1 bBorder1"><a href="/article/international/hurricane-harvey-car-owners-flooded-insurers-with-claims-117090200115_1.html">Hurricane Harvey: Car owners flooded insurers with claims</a></span>
																	 
												          														          															          			<span class="fS14 bB1 bBorder1"><a href="/article/international/hurricane-harvey-houston-devastated-thousands-flee-homes-in-boats-117082800087_1.html">Hurricane Harvey: Houston devastated, thousands flee homes in boats</a></span>
																	 
												          																	</li>
												     												
																																						  										
																										  										
																																					<li>
													<div class="clrBoth"></div>
													<div class="article fLt mB0 bdrBNone"><script type="text/javascript">document.write("<!--");if(displayConBanner==1){document.write("-->");displayConBanner=0;}</script><script async src="http://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

<ins class="adsbygoogle" style="display:inline-block;width:200px;height:200px" data-ad-client="ca-pub-1723933259695999" data-ad-slot="6108433786"></ins>
<script>(adsbygoogle=window.adsbygoogle||[]).push({});</script>   <script type="text/javascript">displayConBanner=1;</script>  <!-- article_left_banners --><script type="text/javascript">displayConBanner=1;</script></div>
													</li>
														  										
		  												  												  												  										</ul>
	  										</div>
										</div>
															</div>
					  								

	            <span class="p-content">
	            															    				      <style>span.p-content div[id^="div-gpt"]{line-height:0;font-size:0}</style>
				    	<p>Hurricane Harvey, which lashed <a class="storyTags" href="/search?type=news&q=texas" target="_blank">Texas </a>and Louisiana with unprecedented rain last month, could end up costing <a class="storyTags" href="/search?type=news&q=insurers" target="_blank">insurers </a>between $25 and $30 billion (21 and 25 billion euros), German reinsurance firm Munich Re estimated today.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> &quot;It is a big estimate. </p><p>The cost could climb a little bit, but not much,&quot; said Torsten Jeworrek, a member of Munich Re&#39;s management board, during at an insurance conference in Monaco.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> Damage estimates for Hurricane Harvey, which made landfall in <a class="storyTags" href="/search?type=news&q=texas" target="_blank">Texas </a>on August 26 before returning out to sea to then lash Louisiana, vary from around $50 billion to well in excess of $100 billion.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> However, not all property was insured or fully insured.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> Property insurance policies in the <a class="storyTags" href="/search?type=news&q=united+states" target="_blank">United States </a>don&#39;t cover <a class="storyTags" href="/search?type=news&q=floods" target="_blank">floods.</a> Many homeowners don&#39;t take out separate flood insurance from the government, while the amounts available aren&#39;t always sufficient for businesses.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <a class="storyTags" href="/search?type=news&q=houston" target="_blank">Houston </a>and the surrounding areas saw massive flooding that not only damaged homes and cars but also roads and bridges.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> &quot;The evaluation of losses is complex due to the prevalence of flooding,&quot; said Jeworrek.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> &quot;It will take a long while, not just a few days or weeks, but maybe months or even a year for the loss figures for the entire sector to be reliable and stable,&quot; he added.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> He said <a class="storyTags" href="/search?type=news&q=insurers" target="_blank">insurers </a>would likely support most of the costs, and that reinsurers would probably not be hit hard.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> Reinsurers provide insurance to insurance companies which need to spread the risks of the policies they provide to clients.<span style='display: block;margin-bottom:13px;margin-top:13px;'></span> <span style='display: block;margin-bottom:13px;margin-top:13px;'></span> A total of 42 people died in <a class="storyTags" href="/search?type=news&q=hurricane+harvey" target="_blank">Hurricane Harvey.</a><span style='display: block;margin-bottom:13px;margin-top:13px;'></span>				       </p>
				    				     	            </span>
	           
												
            <div class="pagination_bar">
            	            </div>
          <div class="clearfix"></div>
                  </div>
		
					  <div class="pubDate">
			  <style>.pubDate{color:#000!important;font-size:14px!important;border-top:solid 1px #cecece;font-style:italic;font-family:'open sans';padding:10px 0 2px 0}</style>
				First Published: Mon, September 11 2017. 02:22 IST				</div>
	  		
        <!-- RELATED  CONTENT -->
        <div class="related-keyword">
           <ul>
             <li class="Ract"><a href="#">Read More On</a></li>
             <li><div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=hurricane+harvey" target="_blank">Hurricane Harvey</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=houston" target="_blank">Houston</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=texas" target="_blank">Texas</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=insurers" target="_blank">Insurers</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=hurricane+harvey+impact" target="_blank">Hurricane Harvey Impact</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=floods" target="_blank">Floods</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/search?type=news&q=united+states" target="_blank">United States</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/international" target="_blank">International</a></h2></div> <div class="fLt w10 pT5" style="text-align:center"> | </div> <div class="readmore_tagBG fLt" style="margin-bottom:4px!important;"><h2><a href="/category/international-news-others-1160108.htm" target="_blank">Others</a></h2></div></li>
           </ul>
        <div class="clearfix"></div>
        </div>
        
        	 	
        <!-- RELATED  CONTENT end -->
			<div class="more-stories-pagination disNone">
			   <div class="row-inner">
			      <div class="nextprev-box">
			         <div class="NP-title">
			            <span class="col-2 Tcenter">
			               <p>PREVIOUS STORY</p>
			            </span>
			            <span class="col-2 Tcenter">
			               <p>NEXT STORY</p>
			            </span>
			            <div class="clearfix"></div>
			         </div>
			         <a class="btn-control-left prev"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/icon/prev-icon.jpg"></a>  <a class="btn-control-right next"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/icon/next-icon.jpg"></a>
			         <div id="next-prev" class="owl-carousel">
				            <div class="item">
				               <div class="nextprev-col">
				                  <h2><a href="#"></a></h2>
				               </div>
				               <div class="clearfix"></div>
				            </div>
			         </div>
			         <div class="clearfix"></div>
			      </div>
			   </div>
			</div>
       <!-- RELATED TAB CONTENT END -->


<!-- TXT ADV PANEL -->
<!-- TXT ADV PANEL END -->

      <!-- ADV 468X60 -->
            	<div class="txt-adv-panel">
		<script type="text/javascript">document.write("<!--");if(displayConBanner==1){document.write("-->");displayConBanner=0;}</script><div class="comment-panel topB">
<h5 class="title2">RECOMMENDED FOR YOU</h5>
<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

<ins class="adsbygoogle" style="display:inline-block;width:620px;height:155px" data-ad-client="ca-pub-1723933259695999" data-ad-slot="1961854183"></ins>
<script>(adsbygoogle=window.adsbygoogle||[]).push({});</script>
</div>
<p></p>
<script>googletag.cmd.push(function(){googletag.defineSlot('/6516239/Storypage_468x60',[468,60],'div-gpt-ad-1514368143233-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();});</script>


<div id='div-gpt-ad-1514368143233-0' style='height:60px; width:468px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1514368143233-0');});</script>
</div>   <script type="text/javascript">displayConBanner=1;</script>  <!-- Article_bottom_google_banner --><script type="text/javascript">displayConBanner=1;</script>       </div>
	  
 <!-- TXT ADV PANEL -->
         <div class="advertisements-link">
	    <div class="gryBdrBtm"></div>
<div class="mT10">
<div class="fRt">Advertisements</div>
<div class="clrBoth"></div>
<ul class="newsHead">
<li><a rel="nofollow" href="/click-tracker/textlink/id/1501" target="_blank">Get 12 months FREE CIBIL report with Personal Loan</a></li><li>
<script>googletag.cmd.push(function(){googletag.defineSlot('/6516239/BS_Text_Custom',[500,20],'div-gpt-ad-1508140053894-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();});</script>
<!-- /6516239/BS_Text_Custom -->
<div id='div-gpt-ad-1508140053894-0' style='height:20px; width:500px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1508140053894-0');});</script>
</div>
</li><li><a rel="nofollow" href="/click-tracker/textlink/id/1482" target="_blank">Business Standard book for IBPS: 3000 GK Questions: GST, Budget 2017, Demonetisation</a></li><li><a rel="nofollow" href="/click-tracker/textlink/id/1502" target="_blank">Get 12 months FREE CIBIL report with Personal Loan</a></li><li><a rel="nofollow" href="/click-tracker/textlink/id/1314" target="_blank">Business Standard Premium - Access best of our content across devices</a></li></ul>
<div class="clrBoth"></div>
</div>
     </div>
        
    <!-- This is Comment testing -->
      <div class="txt-adv-panel" style="clear: both;">
      		<div class="comment-panel topB">
				<div class="OUTBRAIN" data-src="http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html" data-widget-id="AR_1" data-ob-template="BusinessStandard"></div>
				<div class="OUTBRAIN" data-src="DROP_PERMALINK_HERE" data-widget-id="AR_2" data-ob-template="BusinessStandard"></div>
				<script type="text/javascript" async="async" src="http://widgets.outbrain.com/outbrain.js"></script> 
		</div>
		      </div>
      
      <!-- COMMNET BOX -->
       <div class="row-inner">
            <!-- COMMENTS -->
        		      		      		      		      		      		<iframe id="article-comment-frame" data-original="/comment-display/article/117091000654/1505076720/1512852720/DESC/19/1?disableCommentFlag=&q=YTo3OntzOjY6Iml0ZW1JZCI7czoxMjoiMTE3MDkxMDAwNjU0IjtzOjE2OiJjb21tZW50U3RhcnREYXRlIjtzOjEwOiIxNTA1MDc2NzIwIjtzOjE0OiJjb21tZW50RW5kRGF0ZSI7czoxMDoiMTUxMjg1MjcyMCI7czo2OiJzb3J0QnkiO3M6NDoiREVTQyI7czoxMjoiaXRlbXNQZXJQYWdlIjtzOjI6IjE5IjtzOjQ6InBhZ2UiO2k6MTtzOjE4OiJkaXNhYmxlQ29tbWVudEZsYWciO2I6MDt9&interfaceThemeCatId=1160108&layoutType=html5" width="640" frameborder="0" scrolling="no"></iframe>
				<script type="text/javascript">var cmtIframe=$("#article-comment-frame");var cmtIframeOffset=cmtIframe.offset();var iframeDivhgt=cmtIframeOffset.top;iframeDivhgt=iframeDivhgt-600;var iframeDistanceTop=iframeDivhgt;var iframeLoaded=false;$(function(){$(window).scroll(function(){if($(window).scrollTop()>iframeDistanceTop){if(iframeLoaded==false){$("#article-comment-frame").attr("src",$("#article-comment-frame").attr("data-original"));iframeLoaded=true;}}});});</script>
	      		      	            <!-- COMMENTS END -->
          </div>

         </div>
        </div>
      <!-- LEFT CONTENT END -->


     	<!-- RIGHT CONTENT -->
  		<div class="main-cont-right"><script src='http://bsmedia.business-standard.com/_media/bs/hp_category/rightbar/js/116.js' type='text/javascript'></script></div>
        <div class="clearfix"></div>
       <!-- RIGHT CONTENT END -->

      
      <!-- ADV 728X90 -->
		  		  <div class="banner-728-90 mT0 bannerRelease" style="min-height: 90px;"><script type="text/javascript">document.write("<!--");if(isUserBanner=="free")document.write("-->");</script><center>

<div id='div-gpt-ad-1484896279409-0' style='width:970px; align:center !important;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1484896279409-0');});</script>
</div>
</center><!-- International_bottom banner --><script type="text/javascript">document.write("<!--");if(isUserBanner=="paid")document.write("-->");</script><center>

<div id='div-gpt-ad-1493025798462-7' style='height:90px; width:728px;'>
<script>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1493025798462-7');});</script>
</div>
</center><!-- International_bottom banner --><script type="text/javascript">document.write("<!--");if(isUserBanner=="fis")document.write("-->");</script><a href='http://www.fisglobal.com' target='blank'><img id="id_3_1484896436" src=""/> <script type="text/javascript">$("#id_3_1484896436").attr("src","http://bsmedia.business-standard.com/_media/bs/img/banner/2017-01/thumb/International_bottom banner_fis-1484896436.png");</script></a><!-- International_bottom banner --><script type="text/javascript">document.write("<!--");if(isUserBanner=="kotak")document.write("-->");</script><a href='https://www.kotak.com/' target='blank'><img id="id_4_1484896436" src=""/> <script type="text/javascript">$("#id_4_1484896436").attr("src","http://bsmedia.business-standard.com/_media/bs/img/banner/2017-01/thumb/International_bottom banner_kotak-1484896436.jpg");</script></a><!-- International_bottom banner --><script type="text/javascript">document.write("<!--");if(isUserBanner=="capgemini")document.write("-->");</script><a href='https://www.capgemini.com/' target='blank'><img id="id_5_1484896436" src=""/> <script type="text/javascript">$("#id_5_1484896436").attr("src","http://bsmedia.business-standard.com/_media/bs/img/banner/2017-01/thumb/International_bottom banner_capgemini-1484896436.jpg");</script></a><!-- International_bottom banner --><script type="text/javascript">displayConBanner=1;</script></div>
		  <div class="clearfix"></div>
		      </div>

<script type="text/javascript">var idPaidArticle=false;</script>


<script type="text/javascript">$.ajax({url:'/request-handler/get-latest-articles/catId/116/cache-control/1800',async:true,success:function(data){$("#next-prev").html(data);var owl=$("#next-prev");if(data!=''){var checkIdExists=$(".more-stories-pagination.disNone div").hasClass("latestArticleId-117091000654");if(checkIdExists){$(".latestArticleId-117091000654").remove();}else{$(".latestArticleLastId").remove();}$(".more-stories-pagination.disNone").show();}owl.owlCarousel({items:2,itemsDesktop:[980,2],itemsDesktopSmall:[900,2],itemsTablet:[360,2],itemsMobile:false});$(".next").click(function(){owl.trigger('owl.next');});$(".prev").click(function(){owl.trigger('owl.prev');});$(".play").click(function(){owl.trigger('owl.play',1000);});$(".stop").click(function(){owl.trigger('owl.stop');});}});function unFollowColumnist(){var author_id='0';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";}else{isPaidUser="N";}}if(author_id!=''){if(confirm("Are you sure to unfollow this columnist!")==true){$.ajax({url:'/request-handler/article/unmap-user-columnist',type:'post',data:{'authorId':author_id,'isPaidUser':isPaidUser},success:function(msg){if(msg=='success'){location.reload();return false();}else{message='Please try again';alert(message);return false();}}});}}else{alert("Invalid columnist request!");return false();}}function followColumnist(){var author_id='0';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";var isLoggedIn="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";isLoggedIn="Y";}else if(userType!=null&&userType!='undefined'){isPaidUser="N";isLoggedIn="Y";}}if(isLoggedIn=="Y"){if(author_id!=''){$.ajax({url:'/request-handler/article/map-user-columnist',type:'post',data:{'authorId':author_id,'isPaidUser':isPaidUser},success:function(msg){if(msg=='success'){location.reload();return false();}else{customLogin();}}});}else{alert("Invalid columnist request!");return false();}}else if(isLoggedIn=="N"){customLogin();}}function unLockArticle(){var article_id='117091000654';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";}else{isPaidUser="N";}}if(article_id!=''){$.ajax({url:'/request-handler/article/unlock-article',type:'post',data:{'article_id':article_id,'isPaidUser':isPaidUser},success:function(msg){console.log(msg);if(msg=='success'){location.reload();return false();}else{$(".iframe").trigger('click');}}});}else{alert("Invalid columnist request!");return false();}}function customLogin(){var author_id='0';var articleId='117091000654';var parentUrl=window.location.href;if(parentUrl.indexOf("?")>-1){parentUrl=parentUrl.substr(0,parentUrl.indexOf("?"));}$("#sign_in").fancybox({maxWidth:600,maxHeight:580,fitToView:false,autoSize:false,closeClick:false,href:'/core/request-handler/sign-in-content?ref='+parentUrl+'&fc='+author_id+'&articleId='+articleId,openEffect:'none',closeEffect:'none'});$('.fancybox').fancybox();$("#sign_in").trigger('click');}function showhide(){var div=document.getElementById("follow");if(div.style.display!=="block"){div.style.display="block";}else{div.style.display="none";}}$(document).ready(function(){$('.articleCompanyStockInfo').hide();$('.bsNewArticleCompanyStockInfo').show();});</script>

<style type="text/css">
.articleCompanyStockInfo{display: none;}
.bsNewArticleCompanyStockInfo{display: block;}
#article-chart-_article_ft{
	margin-bottom: 40px;
	display: block;
	padding: 5px 30px;
}
});
</style>

     
 <script type="text/javascript">$(".story-content .colL_MktColumn1.panel-left .also-read-panel .aticle-list a[href]").click(function(){ga('send','event','Article Page','Clicked','Left Site Also Read',$(this).attr('href'));});function submitOrderNotification(){ga('send','event','User Behavior',getAnalyticsUserId(),1160108,1,{nonInteraction:true});}</script>
 
  
 <script type="application/ld+json">
 {
   "@context": "http://schema.org",
   "@type": "BreadcrumbList",
   "itemListElement":[{
	 "@type": "ListItem",
	 "position": 1,
	 "item":{
	   "@id": "http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html",
	   "name": "International"
	   }
   },{
   "@type": "ListItem",
   "position": 2,
   "item":{
	"@id": "http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html",
	"name": "News"
	 }
	},{
	"@type": "ListItem",
	"position": 3,
	"item":{
	 "@id": "http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html",
	 "name": "Others"
	} 
  }]
}
</script>

 <script type="application/ld+json">
        [{
          "@context": "http://schema.org",
          "mainEntityOfPage":{
            "@type":"WebPage",
            "@id":"http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html"
          },
          "@type": "NewsArticle",
          "url": "http://www.business-standard.com/article/pti-stories/up-to-30-bn-in-insured-damages-from-hurricane-harvey-117091000654_1.html",
	 	  		   		"articleBody":"Hurricane Harvey, which lashed Texas and Louisiana with unprecedented rain last month, could end up costing insurers between $25 and $30 billion (21 and 25 billion euros), German reinsurance firm Munich Re estimated today.  &quot;It is a big estimate. The cost could climb a little bit, but not much,&quot; said Torsten Jeworrek, a member of Munich Re&#39;s management board, during at an insurance conference in Monaco.  Damage estimates for Hurricane Harvey, which made landfall in Texas on August 26 before returning out to sea to then lash Louisiana, vary from around $50 billion to well in excess of $100 billion.  However, not all property was insured or fully insured.  Property insurance policies in the United States don&#39;t cover floods. Many homeowners don&#39;t take out separate flood insurance from the government, while the amounts available aren&#39;t always sufficient for businesses.  Houston and the surrounding areas saw massive flooding that not only damaged homes and cars but also roads and bridges.  &quot;The evaluation of losses is complex due to the prevalence of flooding,&quot; said Jeworrek.  &quot;It will take a long while, not just a few days or weeks, but maybe months or even a year for the loss figures for the entire sector to be reliable and stable,&quot; he added.  He said insurers would likely support most of the costs, and that reinsurers would probably not be hit hard.  Reinsurers provide insurance to insurance companies which need to spread the risks of the policies they provide to clients.  A total of 42 people died in Hurricane Harvey.",
		             "articleSection":"International",
          "headline": "Up to $30 bn in insured damages from Hurricane Harvey",
          "author": "AFP | PTI",
          "datePublished": "2017-09-10T20:52:00+00:00",
          "dateModified": "2017-09-10T20:52:28+00:00",
          "image":{
                "@context": "http://schema.org",
                "@type": "ImageObject",
                "width": "100px",
                "height": "100px",
                "url":"http://bsmedia.business-standard.com/_media/bs/img/article/2017-09/01/full/1504210103-536.jpg"
              },
          "publisher":{
                "@context": "http://schema.org",
                "@type": "Organization",
                "name": "Business Standard",
                "logo": {
                        "@context": "http://schema.org",
                        "@type": "ImageObject",
                        "width": "100px",
                        "height": "100px",
                      "url": "http://bsmedia.business-standard.com/_media/bs/wap/images/bs_logo_amp.png"
                    },
                "url":"http://www.business-standard.com"
              }
        }]
   </script>
    <!-- Change for Akamai's Start -->
<script type="text/javascript">$(document).ready(function(){var _id=117091000654;$.ajax({"type":"POST","url":"http://bsapi.business-standard.com/request-handler/article/article-update-count.php",data:{'articleId':_id},"success":function(data){if(data!=undefined){try{}catch(e){}}}});return false;});</script>
<!-- Change for Akamai's Start -->
<span id="readMoreSpanAjx"></span>
<script type="text/javascript">$(".activator").click(function(){ids=this.id;var $this=$("#"+ids);var searchText=$this.html();str=searchText.replace(/\s+/g,'+');$.ajax({type:'GET',url:'/ajax-search?type=news&q='+str+'&artId=117091000654',contentType:"text/html",success:function(data){$('.overlay3').remove();$('.box').remove();$(data).insertAfter($("#readMoreSpanAjx"));},error:function(e){alert(e.message);}});});</script> </div>
	    <!-- MAIN CONTENT AREA END-->

	    <!-- FOOTER -->
	    <div class="clearfix"></div>
	    <style type="text/css">#moreOnMarkets{display:block!important}</style>
<div class="content-main footer_top" id="moreOnMarkets" style="display:none;">
    <div class="row-panel">
    	<div class="row-inner topB">
    		<h2 class="title2">MORE ON MARKETS:</h2>
    		<!-- LEFT CONTENT -->
    		<div class="comd-left-40 ">  
    			<div class="commodi-links">
    				<h5>Quick Links </h5> 
    				<ul class="ns-lnk ">						
						<li class="stkm"><h6><a target="_blank" href="/markets-stocks">Stock Market Live</a></h6></li>
                        <li class="prf"><h6><a target="_blank" href="/portfolio">Portfolio </a></h6></li>
                        <li class="cmd"><h6><a target="_blank" href="/markets-commodities">Commodity Market</a></h6></li>
                        <li class="ipo_icon"><h6><a target="_blank" href="/markets-ipos">Upcoming IPO</a></h6></li>
                        <li class="pf_icon"><h6><a target="_blank" href="/pf">Personal Finance</a></h6></li>
                       					
    				</ul>
    				<ul class="ns-lnk ">						
						<li class="nws"><h6><a target="_blank" href="/markets-news">Stock Market News</a></h6></li>
    					<li class="drv"><h6><a target="_blank" href="/markets-derivatives">Derivatives</a></h6></li>
    					<li class="mf"><h6><a target="_blank" href="/markets-mutual-funds">Mutual Funds</a></h6></li>
    					<li class="gold_icon"><h6><a target="_blank" href="/live-market/commodity/search/symbol/GOLD/exchng/mcx">Gold Price</a></h6></li>
    					<li class="sensex_icon"><h6><a target="_blank" href="/stocks/market-statistics/bse/index-components?indices=1001">Sensex</a></h6></li>
    				</ul>
    			</div>
    		</div> 
    		<!-- RIGHT CONTENT -->
    		<div class="comd-right-55"> 
    			<div class="commodi-links">
    				<h5>Browse STOCK Companies</h5> 
                    <ul class="A-Z-links a_Z-mr">
                        <li><a href="/stocks/stock-quote-list/a" class="bL0">A</a></li>
                        <li><a href="/stocks/stock-quote-list/b">B</a></li>
                        <li><a href="/stocks/stock-quote-list/c">C</a></li>
                        <li><a href="/stocks/stock-quote-list/d">D</a></li>
                        <li><a href="/stocks/stock-quote-list/e">E</a></li> 
                        <li><a href="/stocks/stock-quote-list/f">F</a></li>
                        <li><a href="/stocks/stock-quote-list/g">G</a></li>
                        <li><a href="/stocks/stock-quote-list/h">H</a></li> 
                        <li><a href="/stocks/stock-quote-list/i">I</a></li>
                        <li><a href="/stocks/stock-quote-list/j">J</a></li>
                        <li><a href="/stocks/stock-quote-list/k">K</a></li>
                        <li><a href="/stocks/stock-quote-list/l">L</a></li>
                        <li><a href="/stocks/stock-quote-list/m">M</a></li>
                        <li><a href="/stocks/stock-quote-list/n">N</a></li>
                        <li><a href="/stocks/stock-quote-list/o">O</a></li>
                        <li><a href="/stocks/stock-quote-list/p">P</a></li>
                        <li><a href="/stocks/stock-quote-list/q">Q</a></li>
                        <li><a href="/stocks/stock-quote-list/r">R</a></li>
                        <li><a href="/stocks/stock-quote-list/s">S</a></li>
                        <li><a href="/stocks/stock-quote-list/t">T</a></li>
                        <li><a href="/stocks/stock-quote-list/u">U</a></li>
                        <li><a href="/stocks/stock-quote-list/v">V</a></li>
                        <li><a href="/stocks/stock-quote-list/w">W</a></li>
                        <li><a href="/stocks/stock-quote-list/x">X</a></li>
                        <li><a href="/stocks/stock-quote-list/y">Y</a></li>
                        <li><a href="/stocks/stock-quote-list/z">Z</a></li>
                    </ul>
                    <div class="clearfix"></div>
                    <ul class="A-Z-links a_Z-mr">
                        <li><a href="/stocks/stock-quote-list/1" class="bL0">1</a></li>
                        <li><a href="/stocks/stock-quote-list/2">2</a></li>
                        <li><a href="/stocks/stock-quote-list/3">3</a></li>
                        <li><a href="/stocks/stock-quote-list/4">4</a></li>
                        <li><a href="/stocks/stock-quote-list/5">5</a></li> 
                        <li><a href="/stocks/stock-quote-list/6">6</a></li>
                        <li><a href="/stocks/stock-quote-list/7">7</a></li>
                        <li><a href="/stocks/stock-quote-list/8">8</a></li> 
                        <li><a href="/stocks/stock-quote-list/9">9</a></li> 
    				</ul>
                    <div class="clearfix"></div>
    			</div>
    			<div class="commodi-links">
    				<h5>Browse Mutual Funds</h5> 
    				<ul class="A-Z-links a_Z-mr">
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/a" class="bL0">A</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/b">B</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/c">C</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/d">D</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/e">E</a></li> 
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/f">F</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/g">G</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/h">H</a></li> 
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/i">I</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/j">J</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/k">K</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/l">L</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/m">M</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/n">N</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/o">O</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/p">P</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/q">Q</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/r">R</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/s">S</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/t">T</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/u">U</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/v">V</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/w">W</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/x">X</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/y">Y</a></li>
                        <li><a href="/live-market/mutual-fund/mutual-fund-list/z">Z</a></li>
    				</ul>  
                    <div class="clearfix"></div>
    			</div>
    			<div class="clearfix"></div> 
    		</div>     
    		<!-- RIGHT CONTENT END -->  
    		<div class="clearfix"></div> 
    	</div>
    	<div class="row-inner">
        	<div> 
        		<div class="commodi-links">
        			<h5>Index Stocks</h5>
        			<ul class="A-Z-links">
        				<li><a href="/company/adany-ports-21281.html" class="bL0"> Adani Ports </a></li>
        				<li><a href="/company/ambuja-chem-218.html"> Ambuja Cem. </a></li>
        				<li><a href="/company/asian-paints-34.html"> Asian Paints </a></li>
        				<li><a href="/company/aurobindo-pharma-4666.html"> Aurobindo Pharma </a></li>
        				<li><a href="/company/axis-bank-5554.html"> Axis Bank </a></li>
        				<li><a href="/company/b-p-c-l-2290.html"> B P C L </a></li>
        				<li><a href="/company/bajaj-auto-28074.html"> Bajaj Auto </a></li>
        				<li><a href="/company/bajaj-fin-3722.html"> Bajaj Finance Ltd </a></li>
        				<li><a href="/company/bharti-airtel-15542.html"> Bharti Airtel </a></li>
        				<li><a href="/company/bharti-infra-40279.html"> Bharti Infra. </a></li>
        				<li><a href="/company/bosch-378.html"> Bosch </a></li>
        				<li><a href="/company/cairn-india-114.html"> Cipla </a></li>
        				<li><a href="/company/coal-india-12019.html"> Coal India </a></li>
        				<li><a href="/company/dr-reddy-s-labs-815.html"> Dr Reddy's Labs </a></li>
        				<li><a href="/company/eicher-motors-151.html"> Eicher Motors </a></li>
        				<li><a href="/company/gail-india-12350.html"> GAIL (India) </a></li>
        				<li><a href="/company/grasim-inds-227.html"> Grasim Inds </a></li>
        				<li><a href="/company/h-d-f-c-230.html"> H D F C </a></li>
        				<li><a href="/company/hcl-technologies-5656.html"> HCL Technologies </a></li>
        				<li><a href="/company/hdfc-bank-4987.html"> HDFC Bank </a></li>
        				<li><a href="/company/hero-motocorp-237.html"> Hero Motocorp </a></li>
        				<li><a href="/company/hind-unilever-255.html"> Hind. Unilever </a></li>
        				<li><a href="/company/hindalco-inds-252.html"> Hindalco Inds. </a></li>
        				<li><a href="/company/h-p-c-l-2305.html"> Hindustan Petroleum Corporation Ltd </a></li>
        				<li><a href="/company/icici-bank-5418.html"> ICICI Bank </a></li>
        				<li><a href="/company/indiabulls-hous-36229.html"> Indiabulls Housing Finance </a></li>
        				<li><a href="/company/i-o-c-l-12002.html"> Indian Oil Corporation Ltd. </a></li>
        				<li><a href="/company/indusInd-bank-5531.html"> IndusInd Bank </a></li>
        				<li><a href="/company/infosys-2806.html"> Infosys </a></li>
        				<li><a href="/company/itc-301.html"> ITC </a></li>
        				<li><a href="/company/kotak-mah-bank-2330.html"> Kotak Mah. Bank </a></li>
        				<li><a href="/company/larsen-toubro-348.html"> Larsen &amp; Toubro </a></li>
        				<li><a href="/company/lupin-3026.html"> Lupin </a></li>
        				<li><a href="/company/m-m-365.html"> M &amp; M </a></li>
        				<li><a href="/company/maruti-suzuki-5496.html"> Maruri Suzuki </a></li>
        				<li><a href="/company/ntpc-12001.html"> NTPC </a></li>
        				<li><a href="/company/o-n-g-c-6068.html"> O N G C </a></li>
        				<li><a href="/company/power-grid-corpn-5455.html"> Power Grid Corpn </a></li>
        				<li><a href="/company/reliance-inds-476.html"> Reliance Inds. </a></li>
        				<li><a href="/company/st-bk-of-india-5654.html"> St Bk of India </a></li>
        				<li><a href="/company/sun-pharma-inds-4325.html"> Sun Pharma. Inds. </a></li>
        				<li><a href="/company/tata-motors-560.html"> Tata Motors </a></li>
        				<li><a href="/company/tata-motors-dvr-36014.html"> Tata Motors-DVR </a></li>
        				<li><a href="/company/tata-steel-566.html"> Tata Steel </a></li>
        				<li><a href="/company/tcs-5400.html"> TCS </a></li>
        				<li><a href="/company/tech-mahindra-17215.html"> Tech Mahindra </a></li>
        				<li><a href="/company/ultratech-cem-24951.html"> UltraTech Cement Ltd </a></li>
        				<li><a href="/company/upl-2461.html"> UPL Ltd </a></li>
        				<li><a href="/company/wipro-614.html"> Wipro </a></li>
        				<li><a href="/company/yes-bank-25267.html"> Yes Bank </a></li>
        				<li><a href="/company/zee-entertainmen-3126.html"> Zee Entertainment </a></li>
        			</ul>
        			<div class="clearfix"></div>
        		</div>
        		<div class="clearfix"></div> 
        	</div>     
        	<!-- RIGHT CONTENT END -->  
        	<div class="clearfix"></div> 
        </div>
        <div class="row-inner mB20"><div class="bse-ticker1"><div class="footer-trending"><h3 class=" fL mR15 pL15 pR15 bB0" style="border-right:2px solid #000;"><strong>TRENDING ON BS</strong></h3></div><div class="footer-trending1"><div class="ticker1 modern-ticker"><div class="mt-body"><div class="mt-news"><ul class="tickerbox full fS13" style="white-space:nowrap;"><li><a href="http://www.business-standard.com/markets" target="_blank"> #Markets</a></li><li><a href="http://www.business-standard.com/category/specials-weekend-10904.htm" target="_blank"> #BSWeekend</a></li><li><a href="http://www.business-standard.com/technology" target="_blank"> #BSTech</a></li><li><a href="http://www.business-standard.com/category/specials-gst-10921.htm" target="_blank"> #GST</a></li><li><a href="http://www.business-standard.com/category/economy-policy-news-bs-special-1020104.htm" target="_blank"> #BSSpecial</a></li></ul></div> </div> </div> </div> <div class="clearfix"></div>    </div>
</div>

<div id="footer">
<div class="footer-inner">
  <div class="footer-left">
     <div class="bs-footer-logo">
     <img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/bs-footer-logo.jpg" alt="Business Standard">
     <p>Copyrights © 2018 Business Standard Private Ltd. All rights reserved.</p>
     </div>
  </div>

  <div class="footer-right">
     <div class="Flink-left">
          <ul class="link-box">
             <li>
                <ul class="footer-menu">
               <li><h4>From BS Website</h4></li>
               <li><a href="/">Home</a></li>
               <li><a href="/companies">Companies</a></li>
               <li><a href="/markets">Markets</a></li>
               <li><a href="/opinion">Opinion</a></li>
               <li><a href="/politics">Politics</a></li>
               <li><a href="/technology">Technology</a></li>
               <li><a href="/specials">Specials</a></li>
               <li><a href="/pf">Personal Finance</a></li>
               <li><a href="/budget">Budget 2018</a></li>
               <li><a href="/latest-news/">Latest News</a></li>
               <li><a href="/todays-paper">Today's Paper</a></li>
              <!--  <li><a href="/category/elections-bihar-11710.htm">Bihar Elections 2015</a></li> --> 
               <li><a href="/category/specials-rbi-policy-10931.htm">RBI Policy</a></li>
               <li><a href="/general-news">General News</a></li>
               <li><a href="/general-video/list">General Videos</a></li>
               <li><a href="/photo-gallery/general-list">General Photo Gallery</a></li>
               <li><a href="/category/sponsored-content-events-15802.htm">Events</a></li>
               <li><a href="/author">Authors</a></li>
               <li><a href="/education">Education</a></li>
              </ul>
              </li>
              <li>
                 <ul class="footer-menu">
               <li><h4>About us</h4></li>
               <li><a href="/about-us">About Us</a></li>
               <li><a href="/code-of-conduct">Code of Conduct</a></li>
               <li><a href="/terms-conditions">Terms &amp; Conditions</a></li>
               <li><a href="/cookie-policy" target="_blank">Cookie Policy</a></li>
               <li><a href="/disclaimer">Disclaimer</a></li>
               <li><a href="/investor-communication.html" target="_blank">Investor Communication</a></li>
               <li><a href="http://bsmedia.business-standard.com/advertisement/gstin/business-standard_gstin.pdf" target="_blank">List of our GST registration number</a></li>
              </ul>

              <div class="line-space"></div>

                 <ul class="footer-menu">
               <li><h4>Support &amp; Contact</h4></li>
               <li><a href="/partner-with-us">Partner with Us</a></li>
               <li><a href="/careers">Careers</a></li>
               <li><a href="/advertise-with-us">Advertise with Us</a></li>
               <li><a href="/contact-us">Contact Us</a></li>
               <li><a href="/feedback">Feedback</a></li>
               <li><a href="/browser-support">Browser Support</a></li>
               <li><a href="/sitemap.html">Sitemap</a></li>
               </ul>
              </li>

              <li>
                 <ul class="footer-menu">
               <li><h4>Subscribe</h4></li>
               <li><a target="_blank" href="http://epaper.business-standard.com/bsepaper/login.php">E-Paper</a></li>
               <li><a target="_blank" href="http://books.business-standard.com/magazine.php">BS Magazines</a></li>
               <li><a href="/portfolio">Portfolio Tracker</a></li>
              </ul>

              <div class="line-space"></div>

                 <ul class="footer-menu">
               <li><h4>BS Products</h4></li>
			   <li><a target="_blank" href="http://smartinvestor.business-standard.com/">Smart Investor</a></li>
               <li><a target="_blank" href="http://hindi.business-standard.com/">BS Hindi</a></li>
               <li><a target="_blank" href="http://www.bsmotoring.com/index2.php">BS Motoring</a></li>
               <li><a target="_blank" href="http://books.business-standard.com/">BS Books</a></li>
               <li><a href="/b2b-connect">B2B Connect</a></li>
               <li><a href="/iphone">iPhone</a></li>
               <li><a href="/ipad">iPad</a></li>
               <li><a href="/android">android</a></li>
               <li><a href="/wap">wap</a></li>
               <li><a href="/bankingrt2017">BS Banking Round Table 2017</a></li>
               <li><a href="/fundcafe2017">BS Fund Cafe 2017</a></li>
               <li><a target="_blank" href="/category/events-budget-insight-out-17504.htm">Budget Insight Out</a></li>
              </ul>
              </li>
          </ul>
          <div class="clearfix"></div>
     </div>

     <div class="Flink-right" style="padding-top:10px;">
	 <ul class="footer-menu">
                            <li><h4>Budget 2018</h4></li>
                            <li><a href="http://www.business-standard.com/budget">Budget 2018</a></li>
						</ul>
						<div class="line-space" style="margin-left: -25px;"></div>
     	<div class="social-icon-footer">
      		<h4>Connect with BS</h4>
        	<ul>
            	<li class="FB"><a target="_blank" href="http://www.facebook.com/bsindia" title="Find Us on Facebook">Facebook</a></li>  
                <li class="G"><a target="_blank" href="https://plus.google.com/+businessstandard/posts" title="Follow on Google Plus">Google+</a></li> 
                <li class="IN"><a target="_blank" href="https://in.linkedin.com/company/business-standard" title="Connect on Linkedin">Linkedin</a></li> 
                <li class="TW"><a target="_blank" href="https://twitter.com/bsindia" title="Follow Us on Twitter">Twitter</a></li>
                <li class="YT"><a target="_blank" href="https://www.youtube.com/user/BusinessStandardLtd" title="Subscribe Us on Youtube">Youtube</a></li>
                <li class="RS"><a target="_blank" href="/rss-feeds/listing/" title="RSS Feed">RSS</a></li>  
            </ul>
            <div class="clearfix"></div>  
     	</div>
     </div>
  <div class="clearfix"></div>
  </div>
  <div class="clearfix"></div>
</div>
</div>
<style type="text/css">.notification_error_div{position:fixed;z-index:100;bottom:0;right:0;width:350px;background-color:#fffff0;border:1px solid #000;padding:15px;margin:10px;text-align:center;font-size:14px;font-family:Tahoma,Arial,Georgia}</style>
<style type="text/css">.notification_error_div{position:fixed;z-index:100;bottom:0;right:0;width:350px;background-color:#fffff0;border:1px solid #000;padding:15px;margin:10px;text-align:center;font-size:14px;font-family:Tahoma,Arial,Georgia}.subscription-notification-popup{color:#000;padding:0!important;margin:0!important}.free_user_notification_popup{padding:10px;display:none;background:#fff}.btn-maroon{padding:5px 10px;margin:0;border:0;background:#ac2122;color:#fff;font-size:16px;cursor:pointer}.fis_user_notification_popup{padding:10px;display:none;background:#fff}#free_user_notification_popup table,#fis_user_notification_popup table{width:100%;border:none}</style>
<div class="subscription-notification-popup" style="display:none">
    <div class="free_user_notification_popup" id="free_user_notification_popup" style="padding:10px;">
       <div class="fbox_main_subs_country free_user_cnt223">
          <table>
             <tr>
                <td colspan="3" style="text-align: center;">
                   <p style="padding:10px;"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/business-standard-logo.png" alt="Business Standard" title="Business Standard"/></p>
                   <p style="padding:10px;"><span class="fsubs_country_p2"><strong>Upgrade To Premium Services</strong></span></p>
                </td>
             </tr>
             <tr>
                <td colspan="3">
                   <div style="border-bottom:1px solid #ccc;"></div>
                </td>
             </tr>
          </table>
          <div class="box_lg">
             <span class="startup_spn">Welcome <span id="free-username-popup">User</span></span>
             <!--<img class="cls" id='free-user-popup' src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/icon/close_img.png" /> -->
          </div>
          <p class="fsubs_country_p2"> Business Standard is happy to inform you of the launch of "Business Standard Premium Services"</p>
          <p class="fsubs_country_p2">As a premium subscriber you get an across device unfettered access to a range of services which include:</p>
          <ul>
             <li>Access Exclusive content - articles, features & opinion pieces</li>
             <li class="mT5">Weekly Industry/Genre specific newsletters - Choose multiple industries/genres</li>
             <li class="mT5">Access to 17 plus years of content archives</li>
             <li class="mT5">Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box</li>
             <li class="mT5">End of day news alerts on 5 companies (via email)</li>
             <li class="mT5"><b style="color:#ac2122">NEW</b>: Get seamless access to WSJ.com at a great price. No additional sign-up required.</li>
          </ul>
          <table>
             <tr>
                <th scope="col">&nbsp;</th>
             </tr>
             <tr>
                <th scope="col"><input type="button" value="UPGRADE TO PREMIUM" class="btn-maroon" onclick="window.location.href = '/subscription-cart'"></th>
             </tr>
          </table>
          <div class="clearfix"></div>
       </div>
    </div>
</div>

<div class="subscription-notification-popup" style="display:none">
<div class="fis_user_notification_popup" id="fis_user_notification_popup" style="padding:10px;">
   <div class="fbox_main_subs_country free_user_cnt223">
      <table>
         <tr>
            <td colspan="2" style="text-align: center;">
               <p style="padding:10px;"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/business-standard-logo.png" alt="Business Standard" title="Business Standard"/></p>
               <p><span class="fsubs_country_p2" style="line-height:18px;"><strong>Premium Services </strong></span></p>
               <p><span class="fsubs_country_p2" style="line-height:18px;"><strong>In Partnership with <img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/fis-logo-130x58.png" style="vertical-align:bottom;" alt="Fis Logo"/></strong></span></p>
            </td>
         </tr>
         <tr>
            <td colspan="2">
               <div style="border-bottom:1px solid #ccc;"></div>
            </td>
         </tr>
         <tr>
            <td colspan="2">&nbsp;</td>
         </tr>
         <tr>
            <td colspan="2">
            <span><p class="fsubs_country_p2"><strong>Dear <span id="fis-username-popup">Guest</span>,</strong></p></span>
            </td>
         </tr>
         <tr>
            <td colspan="2">&nbsp;</td>
         </tr>
      </table>
      <p class="fsubs_country_p2">Welcome to the premium services of Business Standard brought to you courtesy FIS.<br/>
         Kindly visit the <span class="chk"><a href="/subscription-cart/manage">Manage my subscription page</a></span> to discover the benefits of this programme.<br/>
         <br/>
         Enjoy Reading!<br/>
         Team Business Standard
      </p>
      <table>
         <tr>
            <th scope="col">&nbsp;</th>
         </tr>
      </table>
      <div class="clearfix"></div>
   </div>
</div>
</div>
<script type="text/javascript">function getCookie(name){var value="; "+document.cookie;var parts=value.split("; "+name+"=");if(parts.length==2)return parts.pop().split(";").shift();}$('#head-suggest_ftr').focus(function(){$(this).attr('placeholder','');});$('#head-suggest_ftr').focusout(function(){$(this).attr('placeholder','Enter the first three letters of the company');});var fixmeTop='';var footer_top='';$(document).ready(function(){setTimeout(function(){var fixmeTop=$('.myfixed').offset();if(fixmeTop==undefined){}else{fixmeTop=fixmeTop.top;}if($('.bannerRelease').length){footer_top=$('.bannerRelease').offset().top-700;}else{footer_top=$('.footer_top').offset().top-700;}var leftContentHeight=$(".main-cont-left").height();var rightContentHeight=$(".main-cont-right").height();if(leftContentHeight>rightContentHeight){$(document).scroll(function(){var curScroll=$(document).scrollTop();if(curScroll>=fixmeTop&&curScroll<footer_top){$('.myfixed').css({position:'fixed',top:'50px'});}else if(curScroll>=footer_top){var posi="-"+parseInt(curScroll-footer_top)+"px";$('.myfixed').css({position:'fixed',top:posi});}else{$('.myfixed').css({position:'static'});}});}},500);});</script>
<script type="text/javascript"></script>
<!-- Javascript tag -->
<!-- begin ZEDO for channel: Home Page , publisher: default , Ad Dimension: Skinning 1x1 - 1 x 1 -->
<!-- end ZEDO for channel: Home Page , publisher: default , Ad Dimension: Skinning 1x1 - 1 x 1 -->
<script type="text/javascript">function setCookieNoti(cname,cvalue,exdays){var d=new Date();d.setTime(d.getTime()+(exdays*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie=cname+"="+cvalue+"; "+expires+"; path=/";}$(document).ready(function(){if($('.breadcrum').find('a').size()!=null&&$('.breadcrum').find('a').size()==3){var lc=1;$('.breadcrum').find('a').each(function(){if(lc==2){$(this).attr('class','bact');}lc++;});}});</script>

<!--Notifications For Free Users-->
<script type="text/javascript">function setCookieNoti(cname,cvalue,exdays){var d=new Date();d.setTime(d.getTime()+(exdays*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie=cname+"="+cvalue+"; "+expires+"; path=/";}$(document).ready(function(){var usrLoginCookie=getLoginCookie('_userLoggedIn');if(isUserBanner=='fis'){var usrObj=JSON.parse(decodeURIComponent(usrLoginCookie));if(usrObj.ufname!=''){var uId=usrObj.uId;var uName=usrObj.ufname;var ckVal=getLoginCookie('_chkFisUserNotificationPopup');var isCkSet=ckVal.indexOf(uId);if(ckVal==''||ckVal=='undefined'){$("#fis-username-popup").html(uName);$.fancybox({href:"#fis_user_notification_popup",maxWidth:600,maxHeight:500,fitToView:false,autoSize:false,closeClick:false,openEffect:'none',closeEffect:'none'});setCookieNoti("_chkFisUserNotificationPopup",uId,130);}else{if(isCkSet==-1){$("#fis-username-popup").html(uName);$.fancybox({href:"#fis_user_notification_popup",maxWidth:600,maxHeight:500,fitToView:false,autoSize:false,closeClick:false,openEffect:'none',closeEffect:'none'});ckVal+=","+uId;setCookieNoti("_chkFisUserNotificationPopup",ckVal,130);}else{}}}}if(usrLoginCookie!=''&&false){var usrObj=JSON.parse(decodeURIComponent(usrLoginCookie));if(usrObj.s=='f'){var uId=usrObj.uId;var uName=usrObj.ufname;var ckVal=getLoginCookie('_chkFreeUserNotificationPopup');var isCkSet=ckVal.indexOf(uId);if(ckVal==''||ckVal=='undefined'){$("#free-username-popup").html(uName);$.fancybox({href:"#free_user_notification_popup",maxWidth:600,maxHeight:500,fitToView:false,autoSize:false,closeClick:false,openEffect:'none',closeEffect:'none'});setCookieNoti("_chkFreeUserNotificationPopup",uId,30);}else{if(isCkSet==-1){$("#free-username-popup").html(uName);$.fancybox({href:"#free_user_notification_popup",maxWidth:600,maxHeight:500,fitToView:false,autoSize:false,closeClick:false,openEffect:'none',closeEffect:'none'});ckVal+=","+uId;setCookieNoti("_chkFreeUserNotificationPopup",ckVal,30);}else{}}}}});$(document).ready(function(){var loginCookie=getCookie('_userLoggedIn');if(loginCookie==''||loginCookie==undefined){}else{var loginParamObj=JSON.parse(decodeURIComponent(loginCookie));if(loginParamObj.uId>0){var pwCookie=getCookie('_pw');if(pwCookie=='t'){}else{var subExpCookie=getCookie('_sub_exp');if((subExpCookie>0)){var currentTimestamp=Math.floor(Date.now()/1000);var neverShowNotificaitonCookie=getCookie('_nsn');var notificationBox='<div id="endSubscriptionNotification" class="end_subscription"><h3>Important Notification</h3><div class="close_panel"><a href="javascript:closeNotificationForever('+loginParamObj.uId+');"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/close_3.png"></a></div><div class="clearfix"></div><p>  </p><div class="fL mR10 mT10 mB10"><img src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/notification_3.png"></div><div id="notification_message">Your subscription - access to premium content has expired.<br/>Kindly <span class="maroonlink" style="line-height:25px;"><a id="generate_invoice" href="javascript:void(0);">click here</a></span> to renew.<br/></div><div class="fL  pT5 maroonlink" style="margin-left:48px;"><a href="javascript:remindNotificationLater('+loginParamObj.uId+');">Remind me later</a></div></div>';if(neverShowNotificaitonCookie==''||neverShowNotificaitonCookie=='undefined'||neverShowNotificaitonCookie==null){var lastReminderCookie=getCookie('_ler'+loginParamObj.uId);if((lastReminderCookie=="")||(lastReminderCookie=="undefined")||(lastReminderCookie==null)){$('body').prepend(notificationBox);}else{if(lastReminderCookie<currentTimestamp){$('body').prepend(notificationBox);}}}else{var isCkSet=neverShowNotificaitonCookie.indexOf(loginParamObj.uId);if(isCkSet==-1){var lastReminderCookie=getCookie('_ler'+loginParamObj.uId);if((lastReminderCookie=="")||(lastReminderCookie=="undefined")||(lastReminderCookie==null)){$('body').prepend(notificationBox);}else{if(lastReminderCookie<currentTimestamp){$('body').prepend(notificationBox);}}}}$("#generate_invoice,#generate_invoice_manage").click(function(){generateInvoice2();});function generateInvoice2(){$("#generate_invoice").html('<span id="loading_invoice"><img style="height:10px;width:10px;" src="http://bsmedia.business-standard.com/include/_mod/site/html5/images/loading_round.gif"/></span>');$("#loading_invoice").show();var _id=this.id;$.ajax({"type":"POST","url":"http://api.business-standard.com/user/process-api/generate-user-invoice","data":{"request_id":loginParamObj.uId},"success":function(data){$("#generate_invoice").text('click here');resopnseObject=JSON.parse(data);if(resopnseObject.status=='success'){if(resopnseObject.tinyUrl!=""||resopnseObject.tinyUrl!=null){$("#notification_message").html('<span>Your invoice has been sucessfully generated.<br></span> <span style="line-height:26px;"> Please <span class="maroonlink" ><a  href="'+resopnseObject.tinyUrl+'" target="_blank">click here</a></span> to pay </span>');window.open(resopnseObject.tinyUrl,"_blank");if($("#generate_invoice_manage").length>0){location.reload();}generateInvoice2=function(){};}else{alert("Your invoice has been successfully generated. Please check your mail.");generateInvoice2=function(){alert("Your invoice has been successfully generated. Please check your mail.");};}}else{alert("Your request has been registered by us. We will contact you soon");generateInvoice2=function(){alert("Your request has been registered by us. We will contact you soon");};remindNotificationLater(loginParamObj.uId);}$("#loading_invoice").hide();}});return false;}}}}}});function remindNotificationLater(userId){var currentTimestamp=Math.floor(Date.now()/1000);var tempTime=new Date(currentTimestamp*1000);var lastExpNotification=Math.floor(tempTime.setMinutes(tempTime.getMinutes()+60)/1000);var d=new Date();d.setTime(d.getTime()+(60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_ler"+userId+"="+lastExpNotification+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}function closeNotificationForever(userId){var neverShowNotificaitonCookie=getCookie('_nsn');neverShowNotificaitonCookie+=","+userId;var d=new Date();d.setTime(d.getTime()+(30*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_nsn="+neverShowNotificaitonCookie+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}</script>

<script type="text/javascript">if(/chrom(e|ium)/.test(navigator.userAgent.toLowerCase())){setTimeout(showChromeNotification,1000);}</script>


<script>$('.story-content iframe').attr('width','100%');</script>

<style>#cke_pastebin{position:inherit!important;top:inherit!important;width:inherit!important;height:inherit!important;overflow:inherit!important;left:inherit!important}</style>
	    <!-- FOOTER  END-->
      </div>
         </div>
<!-- Google Analytics Start-->

    	<script type="text/javascript">function show(target){document.getElementById(target).style.display='block';}function hide(target){document.getElementById(target).style.display='none';notifyCookie=decodeURIComponent(getCookie('_notifyCookie'));if(notifyCookie!=null&&notifyCookie!='undefined'){var notifyValues=JSON.parse(notifyCookie);if(notifyValues!=null&&notifyValues!='undefined'){notifyValues.nty="Y";notifyValues.cnty="Y";notifyValues.rTime=(new Date().getTime()+24*60*60*1000)/1000|0;notifyValues=JSON.stringify(notifyValues);notifyValues=encodeURIComponent(notifyValues);setCookieColumn('_notifyCookie',notifyValues,2);}}}function setCookieColumn(cname,cvalue,exdays){var d=new Date();d.setTime(d.getTime()+(exdays*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie=cname+"="+cvalue+"; "+expires+"; path=/";}</script>







<script>var userCookie=decodeURIComponent(getCookie('_userLoggedIn'));var anonymouseUserId=getCookie('_anonymouseUID');(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','//www.google-analytics.com/analytics.js','ga');ga('create','UA-3333643-1','auto');ga('require','GTM-KVHVGCD');var usrId=0;var curTime=new Date().getTime();if(userCookie!=null&&userCookie!='undefined'){var userInfo=JSON.parse(userCookie);if(!(anonymouseUserId!=null&&anonymouseUserId!='undefined')){anonymouseUserId=new Date().getTime();setCookieColumn('_anonymouseUID',anonymouseUserId,365);}usrId=userInfo.uId+"."+anonymouseUserId;ga('set','&uid',usrId);}else{if(!(anonymouseUserId!=null&&anonymouseUserId!='undefined')){anonymouseUserId=new Date().getTime();setCookieColumn('_anonymouseUID',anonymouseUserId,365);}usrId='0000.'+anonymouseUserId;ga('set','&uid',usrId);}ga('send','event','User Navigations',usrId,window.location.href,curTime.toString().substring(0,10),{nonInteraction:true});if(isBannerActive==false){if(userCookie!=null&&userCookie!='undefined'){var userInfo=JSON.parse(userCookie);if(userInfo!=null&&userInfo!='undefined'&&userInfo.s!='undefined'&&userInfo.s=='t'){ga('set','dimension1','Paid adblocker!!!');}else{ga('set','dimension1','Free adblocker!!!');}}else{ga('set','dimension1','Anonymous adblocker!!!');}}if(idPaidArticle==true){var url=window.location.href;var articleUrl=" ";if(url.indexOf('?')!=-1)articleUrl=url.split('?')[0];else
articleUrl=url;if(articleUrl!=null&&articleUrl!='undefined'){ga('set','dimension2',articleUrl);}}function sendUserBehaviorAnalytics(catId){ga('send','event','User Behavior',usrId,catId,0,{nonInteraction:true});}function getAnalyticsUserId(){return usrId;}if(typeof submitOrderNotification==="function"){submitOrderNotification();}ga('send','pageview');</script>
<!-- Google Analytics End-->
<!-- Comscore start-->
<script type="text/javascript">var _comscore=_comscore||[];_comscore.push({c1:"2",c2:"8021726"});(function(){var b=document.createElement("script"),a=document.getElementsByTagName("script")[0];b.async=true;b.src=(document.location.protocol=="https:"?"https://sb":"http://b")+".scorecardresearch.com/beacon.js";a.parentNode.insertBefore(b,a)})();</script>
<!-- Comscore End-->
<noscript><img src="http://b.scorecardresearch.com/p?c1=2&c2=8021726&cv=2.0&cj=1" alt="b.scorecardresearch"/></noscript>
<!-- RUM Wrapper from Akamai's start-->
<script>var AKSB=AKSB||{};AKSB.q=[];AKSB.mark=function(b,a){AKSB.q.push(["mark",b,a||(new Date).getTime()])};AKSB.measure=function(b,a,c){AKSB.q.push(["measure",b,a,c||(new Date).getTime()])};AKSB.done=function(b){AKSB.q.push(["done",b])};AKSB.mark("firstbyte",(new Date).getTime());AKSB.prof={custid:"356860",beaconrate:20};(function(b){var a=document.createElement("iframe");a.src="javascript:false";(a.frameElement||a).style.cssText="width: 0; height: 0; border: 0; display: none";var c=document.getElementsByTagName("script"),c=c[c.length-1];c.parentNode.insertBefore(a,c);a=a.contentWindow.document;a.open().write("<body onload=\"var js = document.createElement('script');js.id = 'aksb-ifr';js.src = '"+b+"';document.body.appendChild(js);\">");a.close()})(("https:"===document.location.protocol?"https:":"http:")+"//ds-aksb-a.akamaihd.net/356860/aksb-a/aksb.min.js");</script>
<!-- RUM Wrapper from Akamai's End-->
<script type="text/javascript">var addthis_config={"data_track_addressbar":false,"services_exclude":'print, email','recommended':{},'thankyou':false};addthis_config.pubid='bsorg08';var addthisScript=document.createElement('script');addthisScript.setAttribute('src','//s7.addthis.com/js/300/addthis_widget.js#domready=1');document.body.appendChild(addthisScript);</script>
<style type='text/css'>#at4-thankyou{display:none!important}</style>
<script type="text/javascript">var subs_pw=getCookie('_pw');var subs_ipbs=getCookie('_ipbs');if((subs_ipbs!=null)||(subs_ipbs!=undefined)){var sub_ipbs_arr=subs_ipbs.split("_");if((subs_pw!=null&&subs_pw=='t')||(subs_ipbs!=null&&subs_ipbs!='N'&&sub_ipbs_arr[1]=='Y')){$('.paid_article_key').hide();}else{$('.paid_article_key').show();}}else{if(subs_pw!=null&&subs_pw=='t'){$('.paid_article_key').hide();}else{$('.paid_article_key').show();}}</script>
<!-- Facebook Pixel Code -->
<script>!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','126483814725448');fbq('track','PageView');</script>
<noscript><img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=126483814725448&ev=PageView&noscript=1"/></noscript>
<!-- End Facebook Pixel Code -->
</body>
</html>