T E Narasimhan
T E Narasimhan
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ITC follows the Aashirvaad trail
The tobacco major is extending the brand into new products and using the lessons learnt to build a sustainable framework for its food business
 "ITC follows the Aashirvaad trail")
Renault-Nissan Chennai facility set to reach one million unit production soon
The Alliance has invested additional Rs 2,000 crore over and above its commitment of Rs 4400 crore in the state
 "Renault-Nissan Chennai facility set to reach one million unit production soon")
HTL now on revival path
Profitable and debt-free after divestment of Centre's majority stake; to set up new unit at Chennai
 "HTL now on revival path")
Xander Fund to raise $20 million from IFC
The fund plans to invest $550 million in infra, hospitality, retail, office and others
 "Xander Fund to raise $20 million from IFC")
Post Chennai flood, consumer durable sales to see 20-25% growth
Retailers bouquet products to attract customers
 "Post Chennai flood, consumer durable sales to see 20-25% growth")
Fear of loss inundates Chennai auto components industry
Material, less production and apprehension of falling under NPA are main worries for the companies
 "Fear of loss inundates Chennai auto components industry")
Chennai floods: IT sector still gasping
Employees are absent and power and internet connections not fully restored
 "Chennai floods: IT sector still gasping")
How bottomless realty development brought Chennai to its knees
A brief comparison of satellite images of the suburbs shows that unfettered real estate construction is what has nearly submerged the city during the recent floods
 "How bottomless realty development brought Chennai to its knees")
Chennai floods are world's 8th most expensive natural disaster in 2015
Reinsurance broker Aon Benfield says the country suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December
 "Chennai floods are world's 8th most expensive natural disaster in 2015")
No more heavy rains in Chennai, says Met, as city limps back to normalcy
A low pressure formation in the Kanyakumari area has also moved on; neighbouring towns, NGOs pitch in with clean-up efforts
 "No more heavy rains in Chennai, says Met, as city limps back to normalcy")
TCS keeps Rs 1,100 cr for staff relief in Chennai
TCS will make available up to Rs 1,100 crore for interest free cash advances in the range of Rs 1 lakh and up to a maximum of equivalent to three months Gross Salary
 "TCS keeps Rs 1,100 cr for staff relief in Chennai")
 "Lok Capital eyes 15% from local LPs for its third fund")
Automakers in Chennai face logistics nightmare
Production loss pegged at Rs 1,000 cr
Carmakers gear up to repair 12,000 flood-hit vehicles
Companies are using additional service workforce and offering part waivers on charges to affected car owners
 "Carmakers gear up to repair 12,000 flood-hit vehicles")
Chennai reconstruction to push up cement demand
Andhra recently announced a housing scheme for the poor, expected to use 3.5 mt of cement in 18 months
 "Chennai reconstruction to push up cement demand")
Cognizant commits $40 million to Chennai flood relief efforts
A fourth of the funding will go directly to the Chief Minister's Relief Fund and other organisations
 "Cognizant commits $40 million to Chennai flood relief efforts")
Royal Enfield resumes production at plants near Chennai
The company reported production loss of 11,200 units in November and December
Firms witness 50% attendance under cloud of more rain
IT majors had extended the flexibility of working from home to employees
 "Firms witness 50% attendance under cloud of more rain")
 "Ashok Leyland set to change track after expansion spree")
Heavy showers, thunderstorms set to return to Chennai on Wed
Coastal and interior Tamil Nadu and Puducherry will receive rainfall in the next 24-48 hours
 "Heavy showers, thunderstorms set to return to Chennai on Wed")
