Page 11 - T E Narasimhan

Make in India: TVS Motor's facility produces 17% of BMW bikes globally

In 2016, TVS started production of BMW bikes and since then the company has produced 79,088 units, of which 73,183 units were exported and 5,905 units were sold in India

IIT Madras shuts down all depts as more than 100 test Covid-19 positive

The infected include research scholars, staff and students. management's decision to run only one mess could be reason for spread

RBI, DBS Bank to ask SC to move cases on LVB-DBS merger to one location

Currently petitions challenging the merger were filed in four different high courts in the country

Tamil Nadu signs 18 MoUs worth Rs 19,955 cr, projects to create 26,500 jobs

The MoUs were signed in the presence of Tamil Nadu Chief Minister K Palaniswami

Covid-19 impact: Tamil Nadu govt to set up 2,000 mini-clinics across state

Each mini-clinic will have one doctor, one nurse and an assistant and will operate for four hours in the morning and four hours in the evening

Glitter online: Increased digitisation is remoulding India's gold loan biz

The WGC expects that with gold-loan NBFCs expanding their branch networks and making greater use of technology, the organised gold-loan market could reach Rs 4.62 trillion ($62.8 billion) in 2021-22

Covid-19 vaccine to help cold chain market jump 17% to Rs 1.7 trn in CY21

Growth next year comes on the back of robust 16% estimated annual growth over past five years with volume growth in the period pegged at 4.4%

Madras HC okays I-T Dept appeals against Redington for Rs 142 cr demand

Redington said appellate remedies are available on receipt of order from HC and the firm will take adequate steps to safeguard its interest in this regard

Overhaul of TVS Group to pave way for easy transition to fourth gen

Senior family members declined to comment on the matter since deliberations on the steps to be taken to implement this arrangement is going to start

Isro to launch PSLV C50 carrying communication satellite CMS-01 on Dec 17

The launch is tentatively scheduled at 03:41 hours subject to weather conditions

Family-owned TVS group changes ownership model, to scrap holding company

Brand of $8.5-billion business allotted to each family group on a perpetual, royalty-free basis.

Indian Bank makes requisite accounting entries to set off losses

On November 30, at EGM the Bank approved the appropriation of accumulated losses of Rs 18,975.53 crore from the share premium account of the bank

Chennai Covishield volunteer to move court against Serum Institute

Serum Institute of India said the volunteer was "falsely laying the blame for his medical problems on the vaccine trial"

ED arrests 4 of Chennai firm, alleges role in Rs 1,100 cr investment fraud

ED has initiated investigation under PMLA against Disc Assets Lead India Limited, Chennai and others based on FIR registered by Tamil Nadu Police's Economic Offence Wing

CCMB, Apollo Hospitals announce collaboration for dry swab Covid-19 test

The Direct Amplification rapid RT-PCR (DArRT-PCR) test allows for rapid, safer and more cost-effective testing

Tractor sales up 48.34 per cent in Nov over last year but down MoM basis

Tractor sales have been growing on a monthly basis since April 2020, except in the month of August

India needs $180 billion investment to realise EV ambitions by 2030

Consistent policy support would also be critical to achieve EV goals

Next gen from Apollo Tyres family floats an Uber for trucking industry

The start-up plans to rope in strategic investors to support its global expansion

Dismantling Murugappa Advisory Board not in investor interest: Arunachalam

She says she learnt about the development from media reports, not from the family

TVS Srichakra to invest Rs 1,000 cr to ramp up capacity at two facilities

The company supplies tyres to a majority of two- and three-wheeler manufacturers in India, apart from having a significant presence in the domestic aftermarket