Page 17 - T E Narasimhan

Indian Bank launches business mentoring programme to support MSMEs

'MSME Prerana' will train entrepreneurs in business skills, communication, credit assessment.

Southern Railways tests 1st battery operated dual-mode shunting locomotive

The locomotive has a continuous run time of 3.5-4 hours in Battery Mode

AEPC hails move to allow N95 mask exports, says will fetch Rs 1,000 cr a yr

The council says decision will also help clear Rs 464 cr in RoSL claims

No question of withdrawing MSP, it is all rumour mongering, assures FM

Sitharaman says the recent agricultural reforms were designed for the welfare of farmers

TCS iON opens National Qualifier Test to corporates for job opportunities

The NQT will be conducted every quarter and the score will be valid for two years

PE/VC investments in pharma companies grow 3.5X in 2020, cross $1 bn mark

The reputation and relationships have helped pharma industry raise huge amounts of PE capital in 2020.

Hyundai's Chennai factory made more cars than China unit in 2019

This despite the installed capacity in Chennai being just about half that of Beijing

GST council exempts satellite launches by Isro, Antrix from 18% GST

But it is not clear whether the relief will be extended to private launch companies

Tamil Nadu may go with Option-1 for GST compensation, but seeks tweaks

State reiterates that Centre is bound to compensate the shortfall in GST collections and should find necessary funds for the purpose if there was a shortfall in cess collections

Railways freight traffic will surpass last year despite Covid: Piyush Goyal

The minister noted that despite September being a lean month, for the first time during the past 10 years freight movement touched 100 million tonnes

Exit was outcome of being truthful and ethical: Dhanalaxmi Bank's Gurbaxani

In a Q&A the lender's MD and CEO dwells on the drama surrounding his ouster at the AGM and how the directors pressurised him to quit after he raised various Governance issues

Dhanlaxmi Bank's Board appoints committee after shareholders oust CEO

Independent directors G. Subramonia Iyer, G Rajagopalan and P K Vijayakumar form the CoD. Iyer will be chairperson.

Lakshmi Vilas plans to raise at least Rs 500 crore through rights issue

Proposed right issue is to increase the capital adequacy ratio as lender pursue talks with Clix Capital for a proposed merger

We want a million vehicles on our platform in 3-5 yrs: SUN Mobility's Maini

In a Q&A, Chetan Maini, reiterates the need for uniform GST in the EV space; he's bullsih on two- and three-wheeler demand coming from delivery-based companies

Textile houses step up antiviral apparel launch as Covid-19 cases spike

Companies started their journey by manufacturing reusable masks and Personal Protective Equipment (PPE) kits, and today, they are offering a range of PPE clothing along with fashion and casual wear

Tamil Nadu identifies 961 hectares for country's second rocket launch port

At present, rockets are launched from Isro's spaceport at Sriharikotta. The Centre is setting up a second facility due to increase in the number of launches by Isro for domestic and global customers

Rangarajan panel calls for urban job guarantee scheme in Tamil Nadu

Wants state to increase capex by Rs 10,000 cr, set up fund to support construction labour

TVS auto solutions company plays disruptor in after-market sector

Its innovations are revolutionising the automobile after-market sector

Southern Railway's Chennai Division boost freight biz with new units, app

'Freight Seva' is a one-stop destination for information needs, such as incentive schemes of Indian Railways, types of wagons and commodities that can be transported, freight and parcel rates, etc

New laws have beneficial provisions, will not hurt Tamil Nadu farmers: CM

Says the laws will iron out issues relating to contract farming and have provisions to fetch a better price for the cultivator