Page 2 - Shine Jacob

Tamil Nadu secures ₹67,542 crore investment commitments through 97 MoUs

Tamil Nadu secured fresh investment commitments of ₹67,542 crore through 97 projects, with more than one lakh jobs expected, taking the first 100-day tally above ₹1 trillion

Global majors bet on Tamil Nadu as Daimler, Saint-Gobain line up projects

Daimler, Saint-Gobain and YKK announced fresh investments in Tamil Nadu, while 25 companies signed deals to establish their first India facilities at the Vetri conclave.

Tamil Nadu Investment Conclave: Space firms line up ₹650 cr investments

Agnikul Cosmos and Skyroot Aerospace will set up integration and testing facilities in Thoothukudi, while semiconductor projects add to Tamil Nadu's investment pipeline

Manappuram ends family-led era, appoints Ashish Singh as new CEO

Manappuram Finance is moving from promoter-led management to a professional leadership model as Bain Capital deepens its stake in the gold loan-focused NBFC

We may apply for universal banking licence within a year: Equitas SFB CEO

Equitas Small Finance Bank aims to nearly triple advances to ₹1.2 trillion in five years, while preparing for a possible universal banking licence application within a year

TVS SCS bets big on India growth, eyes around ₹17K cr revenue by FY30

The company expects India's share of its business to rise from the current 30 per cent to 40 per cent over four years, supporting double-digit revenue growth

FMCG to automobiles: India Inc counting the cost of West Asia conflict

While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow

Milky Mist Dairy Food raises ₹465 cr from 19 anchor investors ahead of IPO

Anchor book draws Temasek subsidiary Zulia Investments, IFC and domestic mutual funds as the dairy company prepares to tap the public market

GalaxEye acquires Bengaluru-based spacecraft engineering firm StarOps

The acquisition brings StarOps' satellite platforms, indigenous spacecraft technologies and engineering expertise into GalaxEye, strengthening its capabilities across the satellite value chain

Textile exports could take a hit despite gains in UK and European markets

Buying agents said India has already captured 5-10 per cent of UK apparel orders that earlier went to Bangladesh, driven by the recent free trade agreement

Kerala's flood woes continue as frequency rises five-fold over a decade

Kerala's floods are becoming more frequent, with the state suffering nearly ₹20,000 crore in losses since 2021 as climate risks intensify across vulnerable districts

Isro eyes 300 satellites in six years, space station by 2035: Chairman

Isro plans at least 300 satellite launches over the next six years, an Indian space station by 2035 and the first uncrewed Gaganyaan mission by the end of 2026

Montra Electric, TVS VMS deploy 57 e-trucks, target 300-plus in FY27

TVS VMS will deploy the first batch of Rhino electric heavy commercial vehicles on a 190-km freight route in Chhattisgarh, supported by dedicated charging stations

E20 effect: Petrol car market share dips, CNG leads alternative fuel charge

Petrol car penetration fell to a record low of 41.68% in July as E20 concerns pushed buyers towards CNG, hybrids and EVs, according to FADA

TVK's first Budget mixes poll promises with fiscal prudence in Tamil Nadu

The Vijay-led Tamilaga Vettri Kazhagam government unveiled a welfare-focused maiden Budget with allocations for poll promises, an AI city and farm loan waivers, while retaining fiscal discipline.

Sundram Fasteners posts 14% Q1 profit growth; earmarks ₹400 crore capex

Auto components maker reports 20 per cent revenue growth in Q1FY27 and plans fresh investments to expand capacity across automotive, aerospace, wind energy and defence

TVS Raider gets Doctor Doom-inspired Super Squad Edition at ₹95,320

The new Spectral Green variant features a colour-shifting finish, more than 85 connected features, iGO Assist and dual disc brakes with single-channel ABS

Water disputes back in spotlight amid El Niño and political shifts

Change of guard in some states and evolving El Niño dynamics are triggering fresh actions on raging water-sharing disputes in several states, Hemant Kumar Rout and Shine Jacob report

PM Modi lays foundation stone for ₹2,500 cr ASIP chip facility in Vizag

The Visakhapatnam OSAT facility, being developed with South Korea's APACT, will produce 96 million chips annually and create about 2,600 direct and indirect jobs

UPI clocks record monthly volume as July transactions rise 4.1% to 23.66 bn

Transaction volume rose 4.1 per cent from June and 22 per cent year-on-year as everyday digital payments and growing adoption beyond metropolitan markets supported growth