Page 14 - T E Narasimhan

We expect an AUM growth of 5-6% in FY21, says STFC's Umesh Revankar

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar

Tamilnad Mercantile Bank shareholders vote for IPO, reveals Madras HC

Development comes after several rejections of IPO proposal the past few years; former Chairman expects listing in next 12 months

Sundram Fasteners Q2 net up 45% to Rs 104 cr on better cost control

Revenue from operations during the quarter was flat at Rs 889 cr; China operations back to normal

TVS Motor launches new TVS Apache RTR 200 4V, priced at Rs 1.31 lakh

The new bike is available from today in three colour variants

Tamil Nadu tops Indian states in new investments in H1FY21: CARE Ratings

State grabs 16% of funds coming into India during the period, or about Rs 20,000 cr

Revival in economic activity, infra and rural demand pushes CV sales

Faster recovery seen with festive season ahead, though overall sales are likely to be lower, as Q1 was completely washed out

Southern Railway Chennai division's revenue from auto loading up 17% in Oct

Loads 10,004 cars on 43 rakes consisting of 1,151 wagons; earns revenue of Rs 11.8 crore in October

Coromandel International Q2 net up 17% at Rs 589 cr, income down 5%

Firm attributes better profit show to good monsoon and soil moisture, and govt's proactive steps in farm space

City Union Bank reports 18.5% drop in Q2 profit at Rs 157.7 crore

Net interest income up 15.4% to Rs 475.2 crore, improvement in NPA position

Tamil Nadu grants 100% vehicle tax waiver to EVs, plans dedicated park

Park will be country's first for electric vehicles; state eyes Rs 50,000 cr investment in EV space

Ramco Cements Q2 profit up 40% to Rs 236 cr even as revenue drops

Price stability, better sales of flagship and premium products in trade segment improve margins

Software Technology Parks of India to launch a VC fund to support start-ups

This scheme will support around 300 start-ups for the next three years by offering Rs 25 lakh risk capital and Rs 10,000 internship per startup

TVS Motor sales grow 24% in October 2020, two-wheeler sales up by 19% YoY

Motorcycles sales grew by 38 per cent to 173,263 units in October 2020 from 125,660 units in October 2019

Ashok Leyland truck sales up by 13 per cent in October to 3,762 units

Total vehicle sales dropped by two per cent to 8,885 units in October 2020 from 9,079 units, last year

Tamil Nadu to allow schools, colleges to reopen but with restrictions

The state also allowed amusement parks, conference halls, auditoriums, zoos, museums etc to open from November 10, but SOPs need to be followed

TVS will grow faster than industry both in domestic and global markets: CEO

Company confident on maintaining EBITDA growth momentum on the backdrop of better product mix, cost management and exports

Covid-19 impact: Edtech, gaming companies ad volumes up sharply in pandemic

The ad volumes for edtech grew by 300% and for gaming by 200% between March-October 2020 over the same period last year

Wheels India reports net profit of Rs 7.43 cr in September quarter

The company reported a revenue of Rs 510.84 crore in Q2FY21 compared to the Rs 595.63 crore reported in the same period last year

Karur Vysya Bank Q2 profit up 81% to Rs 115 cr, NII rises by 0.9%

Bank reports lower bad loans at the gross and net levels

Covid-19 vaccine: India begins augmenting its cold chain capacity

While the country already has a huge cold chain set-up, it may not be enough for vaccine delivery