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KT Jagannathan

Senior Journalist

TVS Eurogrip signs up for some "yellove", as principle sponsor of CSK for next three years

BUSINESS

TVS Eurogrip signs up for some "yellove", as principle sponsor of CSK for next three years

With this partnership, the tyre brand hopes to deepen and solidify its engagement with a younger generation

TVS Motor to invest Rs 1,200 crore in Future Technologies and EV, inks pact with TN government

BUSINESS

TVS Motor to invest Rs 1,200 crore in Future Technologies and EV, inks pact with TN government

The TVS Motor investment will be mainly for the design, development and manufacturing of new products and capacity expansion in the EV space.

TVS Supply Chain Solutions picks controlling stake in FIT 3PL Warehousing

BUSINESS

TVS Supply Chain Solutions picks controlling stake in FIT 3PL Warehousing

TVS SCS has been making headlines for a while now. In the last three months, it has raised nearly Rs 1,600 crore from private investors.

Glassmaker Saint-Gobain eyes bigger share of home segment

BUSINESS

Glassmaker Saint-Gobain eyes bigger share of home segment

The company hopes to generate Rs 1,000 crore revenue from home solutions in the next 3-5 years.

Sundaram Finance Q2 net profit rises 10% amid economic recovery

BUSINESS

Sundaram Finance Q2 net profit rises 10% amid economic recovery

The diversified financial services group said customer sentiment has improved significantly and a broad-based recovery is likely in the second half of the year.

SFHL to up stake in Italy firm

BUSINESS

SFHL to up stake in Italy firm

Sundaram Finance Holdings, owner of businesses engaged in various aspects of automotive manufacturing, has decided to invest more in its portfolio company Mind S.r.l., Italy, which focuses on carbon fibre components for the automotive industry in Europe.

TN's special task force finds Rs 2,000 crore in unused state funds, govt to remit it back to treasury

BUSINESS

TN's special task force finds Rs 2,000 crore in unused state funds, govt to remit it back to treasury

To prevent idling of funds in future, the finance minister suggested direct transfer to beneficiary and setting up of a payments bank to make this possible

Wheels India announces Rs 37 crore capex to meet rising exports demand

BUSINESS

Wheels India announces Rs 37 crore capex to meet rising exports demand

Wheels India has manufacturing plants in Tamil Nadu, Maharashtra, Uttar Pradesh and Uttarakhand. It has a combined overall annual capacity of 10.3 million wheels.

To go gross or net? That is the question weighing on TN’s jewellery loan waiver plans

INDIA

To go gross or net? That is the question weighing on TN’s jewellery loan waiver plans

The DMK government has announced a waiver on loans against gold jewellery under five sovereigns. However, if the jewellery’s gross weight is taken as the measure, many poor people will be deprived of the benefit. Read on to find out why 

ICAI chief’s Hindi push enrages chartered accountants in Tamil Nadu

INDIA

ICAI chief’s Hindi push enrages chartered accountants in Tamil Nadu

In a message, ICAI President Nihar N Jambusaria had exhorted members of India’s apex body for CAs to promote Hindi and adopt it in their everyday work. That message has not gone down well with auditors based in Tamil Nadu.

Sterlite Copper plant in Tamil Nadu is back in the spotlight

BUSINESS

Sterlite Copper plant in Tamil Nadu is back in the spotlight

The DMK government in Tamil Nadu is under pressure to reopen the Sterlite Copper plant in Thoothukudi, more than three years after its closure, as copper imports mount and prices of the metal rise in the face of a domestic production shortfall.

CSK’s IPL win to boost T20’s popularity worldwide, says N Srinivasan of India Cements

BUSINESS

CSK’s IPL win to boost T20’s popularity worldwide, says N Srinivasan of India Cements

The popularity of the team and its ‘Captain Cool’ would definitely trigger interest in countries like the US for franchise-based cricket, says India Cements boss.

Rane Madras acquires steering components business of Yagachi Technologies

BUSINESS

Rane Madras acquires steering components business of Yagachi Technologies

The takeover is expected to enhance Rane’s leadership position and share in the domestic passenger vehicle market.

GOCL Corporation plans direct foray into defence sector

BUSINESS

GOCL Corporation plans direct foray into defence sector

The Hinduja-owned firm says one area could be electronic detonators. The company also plans to monetise assets to take on competition from smaller regional players.

Will the cement prices go up further?

BUSINESS

Will the cement prices go up further?

Cement price has been a politically sensitive subject. The Confederation of Real Estate Developers’ Associations of India (CREDAI) Tamil Nadu Chapter has always accused cement manufacturers of collusion in fixing prices.

India Cements has (Captain) Cool treat for dealers, fans to mark its 75 years

BUSINESS

India Cements has (Captain) Cool treat for dealers, fans to mark its 75 years

India Cement dealers, CSK fans will virtually come face-to-face with Mahindra Singh Dhoni at a live event on Tuesday evening

Great Lakes Institute founder, management guru Balachandran passes away

INDIA

Great Lakes Institute founder, management guru Balachandran passes away

Great Lakes not only made him an iconic figure in management education but also redefined the status of Tamil Nadu in the international academic arena

Flosil Group to expand in India, overseas in quest to become a multinational

BUSINESS

Flosil Group to expand in India, overseas in quest to become a multinational

The family-owned group will deepen its focus on four areas – gaskets, fasteners, innovative coatings and cleaning products

Auto incentive scheme: Is it too little, too late for Ford India?

BUSINESS

Auto incentive scheme: Is it too little, too late for Ford India?

Barely a week after Ford said it would stop making cars in India, the government introduced incentives for manufacture of electric and hydrogen-fuel cars. Some experts believe Ford should reconsider its decision

Analysis | Tamil Nadu govt’s NEET challenge evades the bigger issue of poor academic standards

TRENDS

Analysis | Tamil Nadu govt’s NEET challenge evades the bigger issue of poor academic standards

Having raised the pitch against NEET during the elections to the State Assembly, Chief Minister MK Stalin has to show action now. But competitive politics that may win votes can be injurious to society.

Mounting losses, confused strategy and bad timings—all that went wrong for Ford in India

BUSINESS

Mounting losses, confused strategy and bad timings—all that went wrong for Ford in India

Ford, whose losses in India have mounted to over $2 billion, has decided to shut down operations in India, which it says is a difficult market

India Cements planning plant in MP, debt repayment of Rs 551 crore

BUSINESS

India Cements planning plant in MP, debt repayment of Rs 551 crore

Rising work-from-home culture and govt incentives fuelling increase in construction activities, says N Srinivasan, who was elected as MD for five more years.

Sundaram Home Finance sees strong growth potential in small towns: MD

BUSINESS

Sundaram Home Finance sees strong growth potential in small towns: MD

As the second wave of Covid-19 abates, Sundaram Home Finance's managing director Lakshminarayanan Duraiswamy says there is a positive sentiment in the market across all constituents—developers and homebuyers

Sahara Group company’s insolvency case throws up fresh conundrum

BUSINESS

Sahara Group company’s insolvency case throws up fresh conundrum

The issue is how to proceed with the insolvency case against Baghauli Sugar and Distillery when the Supreme Court had restrained the parent Sahara Group from disposing of any property

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