Shine Jacob

Samsung relocation buzz sends alarm bells ringing; strike enters 2nd month

Andhra Pradesh's Sri City is said to have approached Samsung for an informal round of talks to shift the plant as the strike at Tamil Nadu unit enters second month

Airtel says AI system spotted 112 mn spam calls in Tamil Nadu in 12 days

Company says 29.8 mn of its customers have been 'empowered' against 'malicious actors'

Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL

The company said that the upgraded rating reinforces its long-term financial stability and prudent governance practices

Foxconn arm Yuzhan Technology to infuse Rs 13K cr to set up TN factory

The unit is expected to generate at least 14,000 jobs. Interestingly, of the 14 existing manufacturing units in the Apple supply chain, seven are already in Tamil Nadu

Workers' strike still on at Samsung Chennai unit despite pay hike offer

CITU sticking to its demand regarding Union recognition and talks with its leaders

IndoSpace to invest Rs 4,500 crore in Tamil Nadu logistics parks

The investment will lead to over 8,000 job creation, accelerating economic growth and enhancing the state's industrial infrastructure

AstraZeneca's Chennai, Bengaluru centres to drive 2030 global tech roadmap

The Global Innovation and Technology Centre (GITC) in Chennai will be hiring around 1,300 people in the next 18 months, while another 900 will be hired in Bengaluru

Sriperumbudur strike: Samsung signs MoU, agrees to Rs 5K special incentive

In the unfortunate event of an employee's death, Samsung will provide immediate relief of Rs 100,000 to the family

Ashok Leyland to launch first H2- powered truck in the next 2 years

On Monday, the company commenced the delivery of the largest single order of electric trucks in India to Billion Electric Mobility, a member of Group BillionE

Passenger vehicle sales drops 19% in September, inventory hits record high

Fada, however, said that the near-term outlook for automobile retail is cautiously optimistic as both Navratri and Diwali fall in the same month, creating strong expectations for a surge in sales

Review on vehicle scrappage policy: Used truck mkt prices spike up to 21%

This comes at a time when truck rentals, a key barometer of goods movement, remained firm in September as pre-festive stocking continued across India

Godrej Appliances expects its revenue to cross Rs 10,000 cr mark by FY26

The company has set a roadmap to enter the top three in terms of market share in key categories like air conditioners, refrigerators, and washing machines

Lights, Camera, Commerce: Rajinikanth, Bachchan unite in branding mega-hit

Rajinikanth and Bachchan to be seen together on silver screen after 33 years since Hum in 1991

Policy support important as India largely an out-of-pocket market: Panchal

AstraZeneca Pharma India Managing Director and Country President, Sanjeev Panchal, talks to Shine Jacob about the company's future plans in an interview

28 days on, no end in sight to strike at Samsung's Sriperumbudur plant

Sources aware of the talks among the state government, employees, and the company blame Citu, which is leading the protests, for the impasse

Taking stock of B'desh: Trade recovers, but Indian firms tread cautiously

The concluding part of the series highlights stabilising trade ties with Dhaka, but payment delays and a complex bilateral environment remain major concerns

Ashok Leyland partners with Japan's Nidec to develop e-drive motors

Ashok Leyland will continue to source motors from Nidec for its existing electric vehicle line-up, while also collaborating on research and development for future electric solutions

Tata Electronics partially restarts operations at Hosur facility after fire

The factory will hit the full gear in phased manner, and employees will continue receiving full pay till then

Chennai-based Refex to raise Rs 927 crore through preferential issue

This funding comes at an opportune time as Refex continues to innovate in logistics for ash management, addressing environmental challenges associated with thermal power plant operations

Trouble in Paradise: Why are Tafe and AGCO fighting over Massey Ferguson?

Tafe and AGCO have been allies for 64 years. Tafe is the single largest shareholder in AGCO and AGCO holds nearly 21% in Tafe