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Tamil Nadu moves top court against NGT order to open Sterlite plant

The NGT had on December 15 set aside the state government's order to shut the smelter after police firing on May 22 and killed 13 people who were in a crowd protesting against the unit's expansion.

Chennai plastic ban: Corporation seizes 9-10 tonnes of banned plastics

There was some confusion as officials and shopkeepers had no clarity on the list of banned products

Tamil Nadu urges Centre to pay Rs 7,214 crore in GST dues to the state

Tamil Nadu officials have told media that the state is not receiving compensation every month like other states, which do not have the IGST problem

Early-stage funding for start-ups falls 15% to $148 million in 2018

The year ended with a decline in angel investment in the final quarter, primarily on the fear of income tax notices to such investors and the associated network

Madras HC upholds stay on ban of online drug sale; next hearing on Jan 24

The original petition, which had appealed for a ban, was from the Tamil Nadu Chemists and Druggists Association

Hair care brands tress up for beauty boom; entry-level products fuel growth

While demand for hair care products is increasing in both rural and urban markets, urban consumers have proven to be more extravagant

Tamil Nadu to announce new start-up, aerospace and defence sector policies

The state govt is formulating an exclusive Aerospace and Defence policy with the objective of taking a 30 per cent market share of the sector

TVS Motor registers 4% growth in two-wheeler sales in December

Three-wheeler of the company grew by 37%, increasing from 9,279 units in December 2017 to 12,686 units registered in December 2018

Ashok Leyland's M&HCV sales drop by 29% in December; LCV sales grow by 27%

Total sales dropped by 20 per cent in December 2018 to 15,493 units from 19,251 units

Madras High Court stays ban on online sales of drugs and cosmetics

Around 1.5 million customers purchase medicines online and a ban would impact their lives

Tamil Nadu starts the new year with positive response to plastic ban

Items excluded are plastic cases containing milk, curd, biodegradable plastics and packaging plastics like water bottle from big firms by the government and others

PE investments in 2018 at an all-time high of more than $33 billion

The year saw eight new Unicorn companies being minted, including Oyo, PolicyBazaar, Swiggy, Paytm Mall and Byjus in the B2C segment

UK Govt's CDC Group commits $25 mn in Lighthouse's $240 mn third fund

CDC, one of the largest institutional investors in Indian PE funds, has committed over $1.7 billion to Indian funds since 2004

Isro to launch GSAT-7A communication satellite for IAF, Army on Dec 19

The satellite will be placed in the geostationary orbit and this communication satellite is expected to help the IAF interlink different ground radar stations, airbases and AWACS aircraft

Ashok Leyland, Israel's Elbit Systems sign MoU for high mobility vehicles

The integrated systems are targeted for worldwide export markets

Mizoram assembly results 2018: Bamboo deaths and the MNF's rise to power

Rats have played a big role in bringing the MNF to power in the state in the past

Urjit Patel's exit from RBI comes as no surprise, says Thomas Isaac

It had been in the making for some time, says Kerala finance minister and senior CPI(M) leader

Barista plans expansion, stamps down rumours of winding down brand

The country's oldest coffee chain unveils a franchise-led expansion and diversification plan

Urjit Patel's exit from RBI a 'setback', took me by surprise: Gurumurthy

RBI board member S Gurumurthy says Patel's exit comes as a shock since the November board meeting was held in such a 'cordial atmosphere'

Big auto firms' investments in start-ups jump manifold to $243 mn in 2018

Big deals included a $65-mn investment by electric scooter maker Kwang Yang Motor in Twenty Two Motors