Page 11 - Chennai

Nokia to set up world's largest fixed network testbed in Chennai

The centre, involving an investment of about Rs 450 crore, will be one of Nokia's largest research and development (R&D) laboratories (labs)

Avg housing prices in top 8 cities surge 12%; Delhi-NCR sees highest rise

Excluding MMR, unsold inventory levels declined by about 5 per cent QoQ across the eight cities

Rural two-wheeler sales race past urban markets in a first since Covid

Two-wheeler makers are betting on a rise in 'first-time buyers' and a rise in rural demand to drive growth in FY25

Madras Day 2024: Know its history, significance and some interesting facts

On August 22, Madras Day is celebrated annually and it commemorates Madras' (now Chennai) rich history and its transformation from a small settlement to a bustling metropolitan hub

Ex-Army Chief Gen Sundararajan Padmanabhan dies in Chennai on Monday

Former Chief of Army Staff General Sundararajan Padmanabhan, affectionately known as Paddy in army circles, passed away in Chennai due to old age, a source close to him said on Monday. He was 83. He served as the Chief of Army Staff from September 30, 2000 to 31 December 31, 2002. He commanded an Independent Artillery Brigade and a Mountain Brigade before attending the prestigious NDC course at Delhi. He was awarded the Ati Vishisht Seva Medal (AVSM) for his services as the 15 Corps Commander. Born in Thiruvananthapuram, Kerala, on December 5, 1940, General Padmanabhan was an alumnus of the prestigious Rashtriya Indian Military College (RIMC), Dehra Dun, and the National Defence Academy (NDA), Khadakwasla in Pune. He was commissioned into the Regiment of Artillery after graduating from the Indian Military Academy (IMA) on December 13, 1959. His illustrious career included several prestigious command, staff and instructional postings, besides having participated in numerous operat

RevPAR sees 4.8% growth in Apr-June quarter in hospitality sector: Report

The revenue per available room rose by 4.8 per cent year-on-year in the hospitality sector in the April-June quarter this year mainly driven by the rise in Average Daily Rate, a report said on Wednesday. However, sequentially, the June quarter recorded a dip in occupancy levels, which can be attributed to the onset of summer vacations and a subsequent decrease of corporate travel, according to JLL's Hotel Momentum India (HMI) Q2 report. The report further revealed that besides a slight decrease in Goa's Average Daily Rate (ADR), all other markets (Bengaluru, Chennai, Delhi, Goa, Hyderabad, and Mumbai) showed considerable growth in ADR and revenue per available room figures, with Hyderabad leading the list. Hyderabad emerged as the RevPAR leader in the second quarter registering a growth of 11.9 per cent over the same period of 2023, followed by Delhi and Bengaluru with year-on-year growth of 11.8 per cent and 10.4 per cent, respectively, it added. Although occupancy levels remained

US Consulate Kolkata offers fastest visa issuance for your ticket to the US

The US Consulate in Kolkata is currently the fastest in India for issuing visas for holiday or business travel, averaging just 24 days. Chennai ranks last

Sky high: Diwali airfares shoot to Rs 20K-30K on some domestic routes

Limited capacity growth, high demand pushing up ticket prices

Dixon Technologies to open new Chennai facility for top notebook brands

The company is on a high growth path driven by a significant increase in manufacturing volumes for Motorola and Xiaomi. The new facility in Chennai plant is expected to be operational by Q4FY25

Google Maps location in Chennai warns motorists of police checkpoints

A user on Google Maps marked a popular Chennai police checkpoint to alert commuters to the presence of officers. The post got more than 260,000 views in a short period of time and witty comments

Godrej Storage Solutions to invest Rs 400 cr in new unit near Chennai

GSS said it has made significant investments to expand capacity and build capability to serve its customers

Hyundai Motor rules out any special worker share allocation despite stir

Hundreds of workers at the company's main Indian plant at Sriperumbudur near Chennai demonstrated this week to demand a share allocation in the upcoming record $3 billion listing

Tata Realty gets Rs 825 cr from IFC for advancement in Chennai green asset

This financing initiative is part of Tata Realty's broader commitment to advance its sustainability efforts and elevate the standard of green commercial spaces across India

AstraZeneca to invest Rs 250 crore in expanding its GITC in Chennai

This will be the company's largest GCC in the world. This is a monumental addition by the company, joining other global giants like Hitachi Energy in establishing their biggest GCCs in Chennai

Capgemini opens a new facility in Chennai; to invest Rs 1,000 crore

The campus, spanning nearly six lakh square feet, will house the company's diverse teams, including financial services, engineering, digital, cloud, artificial intelligence, among others

Titan lines up aggressive expansion plans for Tanishq, other brands: MD

Tata Group's Titan Company Ltd has drawn up aggressive expansion plans across its various brand verticals, especially jewellery vertical Tanishq and saree label Taneira this year, a top official said. The company is also planning to launch its exclusive ladies' handbag brand store 'Earth' sometime later this year, Titan's Managing Director C K Venkataraman said. Titan is a joint venture between the diversified conglomerate Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). Venkataraman was talking to reporters after unveiling one of the company's Helios watch stores along with the 59th jewellery store Tanishq and the 7th Taniera store at Pondy Bazaar, here. Taniera offers the best of Indian sarees under one roof. It offers handcrafted sarees along with a range of ready to wear blouses, kurtas, short tops among others, the press release said. The launch of the new brand outlets today marks a significant milestone in Titan's ongoing commitment towards aggressiv

This city in India has been ranked the most expensive for expats in 2024

The 2024 Mercer's Cost of Living survey assessed 226 cities based on the cost of more than 200 items, including transportation, food, clothing, entertainment

ESR buys 27-acre land in industrial, logistic park in Chennai for Rs 276 cr

ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The enlarged area of ESR Oragadam Industrial and Logistics Park now spans 107 acres with a development potential of 2.5 million square feet. "The additional Rs 276 crore (over USD 33 million) investment signifies ESR's dedication to bolstering Tamil Nadu's industrial landscape," the company said in a statement on Monday. ESR Oragadam Industrial & Logistics Park is strategically located in the heart of the Oragadam-Sriperumbudur cluster, which has witnessed robust growth in demand for Grade A assets. This latest expansion builds upon the success of ESR Oragadam's first two phases, which have welcomed many high-quality customers, such as electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and speciality labelling company CCL. ESR India CEO Abhijit Malkani said, "ESR's expansion in Oragadam is a pivotal step in our

WeWork India enters Tamil Nadu market with Olympia Cyberspace in Chennai

Flexible workspace solutions provider WeWork India made its foray into the Chennai office space market with the launch of 'Olympia Cyberspace' facility in the city. Equipped with over 2,000 desks spread across 1.30 lakh sq ft land in Guindy, the company has expanded its presence in Chennai after New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune and Hyderabad. Chennai has emerged as a thriving business landscape across entrepreneurs, enterprises as well as Global Capability centres. There is a strong demand being witnessed from various industries including manufacturing, information technology, Information Technology enabled Services among others. With the opening of Olympia Cyberspace, WeWork India aims to provide innovative and collaborative work environment to meet the rising demand for flexible workspace solutions. "WeWork Olympia Cyberspace marks a pivotal moment in our expansion across South India. This strategic entry underscores the immense potential of Chennai's talent po

SpiceJet cancels Chennai flights till June 10, cites 'operational reasons'

Sources said that the airline has cancelled a total of about 60 flights until June 10 to and from the Chennai airport due to the aforementioned suspension