T E Narasimhan
T E Narasimhan
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TVS Jupiter eyes 12% share in 110-cc scooter segment
The second half of the year seems to have a lot of possible positives in it, says official
 "TVS Jupiter eyes 12% share in 110-cc scooter segment")
Intellect Design Arena plans to raise Rs 300 crore
Company to raise the money for working capital and capex
 "Intellect Design Arena plans to raise Rs 300 crore")
Shareholders have misunderstood IPO: S Annamalai
Interview with Chairman,Tamilnad Mercantile Bank (TMB)
 "Shareholders have misunderstood IPO: S Annamalai")
IPL-style tourney in Tamil Nadu
State's cricket association conducts formal bid process to select 8 franchisee owners, raising Rs 33 cr; player drafts next month
 "IPL-style tourney in Tamil Nadu")
Tamilnad Mercantile Bank profit up 6% at Rs 402 cr in 2015-16
The bank has announced 500 bonus share for each share
 "Tamilnad Mercantile Bank profit up 6% at Rs 402 cr in 2015-16")
TI Cycles' new unit in Punjab will be inaugurated tomorrow
Plant has been built at a cost of Rs 105 cr and can churn out 250,000 cycles a month
 "TI Cycles' new unit in Punjab will be inaugurated tomorrow")
Datsun takes on Kwid, launches redi-GO
Urban crossover priced at Rs 2.3 lakh
 "Datsun takes on Kwid, launches redi-GO")
Payments bank not viable for us, says Murugappa Group
Murugappa Group surrendered its in-principal approval for payment banks two months back
 "Payments bank not viable for us, says Murugappa Group")
Murugappa group PAT up 46% owing to one-time income
The group expects 20% growth this year due to better industry scenario
 "Murugappa group PAT up 46% owing to one-time income")
Equitas floats new IT subsidiary
The new arm is creating an e-platform to bring together truck owners and people wanting to transfer goods
 "Equitas floats new IT subsidiary")
ED issues Rs 1,200-crore notice on Devas Multimedia's 'wrongful gain'
Notice due to alleged violation of forex management rules of 1999
 "ED issues Rs 1,200-crore notice on Devas Multimedia's 'wrongful gain'")
Ford India's President & MD Nigel Harris to assume new role
Harris will move to a new position as President of Changan Ford, company's JV in Chongqing in China
 "Ford India's President & MD Nigel Harris to assume new role")
Former Union Minister Narayanasamy takes oath as Puducherry's Chief Minister
He is the second Congress leader after P Shanmugam to head a Ministry without being a member of the Assembly
 "Former Union Minister Narayanasamy takes oath as Puducherry's Chief Minister")
Our vision is to serve 5% households by 2025: Equitas chairman
Proposed small finance bank will focus on four key strategies including offering existing range of credit products
 "Our vision is to serve 5% households by 2025: Equitas chairman")
Everstone-backed Servion Global Solutions appoints Sameet Gupte as new CEO
He replaces Balakrishnan K who has been elevated to executive vice-chairman of Servion's Board
 "Everstone-backed Servion Global Solutions appoints Sameet Gupte as new CEO")
The app of 'Little' things
Little, which connects offline sellers to the online customers, is focusing on smaller and better deals for growth but the challenges are aplenty
 "The app of 'Little' things")
Telangana to have a new English daily next month
Telangana Today will be the second publication from Telangana Publications, the company in which the CM has an investment of a little over Rs 4 crore
 "Telangana to have a new English daily next month")
Jayalaithaa thanks PM for Cabinet nod for Chennai Metro Rail extension
The development comes at a time when rumours are doing rounds that Jayalalithaa-led AIADMK may join BJP-led NDA
 "Jayalaithaa thanks PM for Cabinet nod for Chennai Metro Rail extension")
Future Group firm to raise Rs 134 cr from IFC
Company plans to invest Rs 400 crore and port of it will be funded by Black River Asset Management also
 "Future Group firm to raise Rs 134 cr from IFC")
