Page 12 - T E Narasimhan

PV retail sales rise 4.17% in November, two-wheeler sales decline 21.4%

New launches, specially compact SUV's, continued to show good demand in the PV segment

Nokia starts manufacturing next generation 5G equipment at Chennai facility

The facility has manufactured more than 5 million telecom network equipment units over the years

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

Lakshmi Vilas Bank name board gets DBS logo, tagline on new ownership

Ad banner carrying DBS Bank's brand ambassador Sachin Tendulkar to spread awareness

Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr

New brand Veranda Race will initially offer online training programmes for Banking, Staff Selection Commission and TNPSC; also plans course content in 11 Indian languages by December 2021

The Thalaiva turbulence: How will Rajini's political entry impact TN polls

T E Narasimhan looks at how the entry of superstar Rajinikanth may change the script of the 2021 Tamil Nadu polls

Govt extends NMDC's Donimalai iron ore lease after two-year suspension

Centre signs agreement with Karnataka govt and Ministry of Steel in this respect

Cement prices in southern India rise 18% over strong production discipline

Prices in Maharashtra are up by around 10 per cent at Rs 354 a bag, supported by higher prices in the South

Subramanian Swamy asks PM Modi to put LVB merger with DBS on hold

The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of LVB by DBS.

Actor Rajininkath to launch political party in Jan, to announce date in Dec

The iconic actor said the exact date of the launch will be announced on December 31

Dept of Space inks NDA with small satellite launch vehicle maker Agnikul

Agnikul, a Chennai-based start-up, is building a small satellite launch vehicle

Electric aircraft builder ePlane Company raises undisclosed seed funding

The IIT-incubated start-up is likely to give product demonstrations by 2021

India Inc expands direct reach, adds small packs to tap robust rural market

Experts say string focus on Bharat stems from good monsoons, higher MSP in some states, reverse migration and govt's overall welfare push in the villages

Lakshmi Vilas Bank aims to recover Rs 500 crore over the next 4-5 months

The bank's asset quality deteriorated as the gross non-performing assets (NPAs) moved up at 24.45 per cent of the gross advances by the end of Q2 FY21

Sical Logistics defaults on Rs 281 crore loan and interest to lenders

Default amoubt excludes a recalled borrowing of Rs 241.48 crore, due to non-compliance of certain covenants of the loan agreement

Ashok Leyland announces VRS for the second time in last two years

The VRS will be implemented over a period of 9 months at the company offices/factory locations

Ashok Leyland floats new subsidiary to manufacture bus bodies, coaches

The new company will manufacture bus bodies and coaches

Covid-19 pandemic prompts health care firms to spend more on IT: Report

According to the data by SalesEdge, the research arm of TechCircle, the total IT spending increased to $376 million in 2020 so far from $368 million last year

CARE Ratings revises LVB's ratings from 'BB- ' to 'BB-' under credit watch

The development comes after the government imposed a moratorium on LVB after considering an application filed by the RBI

Tamil Nadu governor promulgates Ordinance banning online gaming in state

The Ordinance bans persons who are wagering or betting in the cyberspace using computers or a communication device