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Tamilnad Mercantile Bank submits fresh names for MD, CEO post to RBI

At present, around 93 per cent of its business comes from the retail, agriculture, and micro, small and medium enterprise (MSME) sectors

Maruti Suzuki sees 48% profit surge, unveils plans for 6 EVs by 2031

The automaker's earnings soared to Rs 3,759.7 crore, up from Rs 2,542.9 crore in the April-June quarter of the previous year. That surpassed Bloomberg's consensus forecast of Rs 3,272 crore

Maharashtra, Tamil Nadu lead the race for Tesla's manufacturing unit

Gujarat also in list, if govt rolls out sops; in talks to rope in local partners

M&A wave set to wash over South cement market, say industry experts

UltraTech's buy is latest in four deals southern market has seen in less than a year, with Adani Cement being the other buyer. These deals combined, industry experts say, could spur consolidation

High cost, price war led to sale of India Cements: Srinivasan to staff

"I am going to leave India Cements," he declared. "The reason is that our competitors can crush us with lower prices. With slightly higher cost of productions, we had taken all steps to reduce costs."

Tata Motors-JLR project in Tamil Nadu to get going in two months

Over 400 acres zeroed in at Panapakkam, 90 km from Chennai

Auto industry wants CVs to be a part of FAME scheme: Dheeraj Hinduja

Hinduja talks about the Red Sea crisis, the Faster Adoption and Manufacturing of Electric (And Hybrid) Vehicles (FAME) scheme, and industry growth this fiscal year

Shriram Group gets RBI nod to venture into asset reconstruction biz

The conglomerate announced last year it would enter ARC and wealth management businesses

South Indian Bank is looking to expand beyond Kerala, says MD & CEO

The bank is also shifting its focus on loan mix to micro small and medium enterprises (MSMEs) and retail, from the current bias towards corporates

Ashok Leyland Q1 FY25 results: Net profit declines 6% to Rs 509 crore

While the company achieved its highest-ever Q1 CV volumes, the Power Solutions, Aftermarket, Defence business, and the International Operations also contributed strongly to the top line

Union Budget 2024: Railways capex up marginally to Rs 2.65 trillion

Around Rs 1.08 trillion lined up for critical safety works like Kavach, repairing and overhaul of old lines

Budget 2024 sets up Rs 1,000 cr venture capital fund for space economy

Industry welcomes proposal to expand space economy five-fold in 10 years through private sector participation

Changing ties: Eco Survey bats for more FDI from China to tap export market

Cites Apple, Foxconn success stories on China Plus One; Calls to strike a balance between importing goods and FDI from China

Tamil Nadu's Tiruppur weaves its way into the Paris Olympics legacy

Back Bay India from India's textile hub weaves the Olympic spirit into official IOC stores and volunteer uniforms

Nipah claims one life in Kerala; Maharashtra reports 28 Zika cases in 2024

Communicable disease scare grips people as Maharashtra reports 28 Zika cases this year

A ray of hope for Indian biz in Bangladesh after top court order

Bilateral trade at a standstill, operations of Indian companies halted due to the turmoil

K'taka plans to raise IT staff working hours to 14; unions call it inhuman

IT sector unions have come out in public in protest against the move, calling it 'inhuman', that will have implications on 2 million workers in the state.

Monsoon brings fever season to India; Kerala, Karnataka see Dengue spike

More than 10,000 cases of dengue, including eight fatal cases, have been reported so far this year in the adjacent state of Karnataka

Budget Watch: Textile sector seeks a stitch in time as govt mulls tax cuts

Budget 2024: Centre is considering tax incentives and other measures to support the textile and apparel industry, including reducing customs duties on imported cotton and revising the PLI scheme

Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr

Through this, the company will be following in the footsteps of other listed players including Hatsun Agro Product, Heritage Foods, Parag Milk Foods, and Dodla Dairy