Page 3 - Chennai

India to host 5th Coast Guard Global Summit in 2027: Defence ministry

India will host the fifth Coast Guard Global Summit (CCGS) in Chennai in 2027, coinciding with the golden jubilee celebrations of the Indian Coast Guard, the defence ministry said on Saturday. The decision was taken unanimously at the fourth CGGS held in Rome, Italy, from September 11 to 12. It was attended by delegates from 115 countries, including India, and international organisations. Director General (DG), Indian Coast Guard (ICG), Paramesh Sivamani, emphasised that no single nation can address the full spectrum of maritime issues alone, and underlined that the Chennai summit in 2027 will serve as an inclusive forum to foster interoperability, trust and stronger cooperation among coast guards worldwide, the ministry said in a statement. Reaffirming its leadership in international maritime cooperation, India will host the fifth CGGS in Chennai in 2027, coinciding with the golden jubilee celebrations of the ICG, it said. "The three-day event will include an International Coast .

India's top cities hold 106 mn sq ft TOD real estate potential: CBRE

CBRE estimates 106 million sq ft TOD-linked real estate potential in India's top cities, with Delhi-NCR, Mumbai, and Chennai leading growth around major transit hubs

Cloud burst brings intense rainfall over Chennai, several flights diverted

Chennai received intense overnight rain, and there was a cloud burst over Manali, a northern neighbourhood of the city, Regional Meteorological Centre said. Some flights scheduled to arrive at the Chennai airport were diverted to Bengaluru, according to airport authorities. As per the Regional Meteorological Centre bulletin on Sunday, Chennai received an intense rain between 10 pm to 12 midnight on Saturday, with North Chennai receiving the extremely heavy rainfall. "Three extremely heavy, 8 very heavy and 28 heavy rainfall events were recorded during the 24-hour ending 8.30 am of August 31 with Manali, New Manali Town and Wimco Nagar recording extremely heavy rainfall of 27 cm, 26 cm and 23 cm, respectively," a bulletin issued by the department said. As such, a cloud burst occurred over Manali area and neighbourhood with Zone 2. Manali (Division 19) recorded 106.2 mm rainfall during 10-11 pm and 126.6 mm rainfall during 11 pm - 12 midnight on Saturday, the bulletin said. Accordin

Brigade Ent signs long-term lease for mixed-use development in Chennai

Bengaluru-based Brigade Enterprises signs a long-term lease for a 7-acre site in Chennai to develop a mixed-use destination featuring Grade A office space and a 225-key 5-star deluxe hotel.

Aptiv opens new Chennai technical centre for AI, ML and safety systems

Aptiv inaugurated its new AS&UX Technical Centre in Chennai, spanning 34,000 sq ft and set to host 500 engineers by 2026, focused on AI, ML, ADAS and next-gen automotive solutions

Nagaland Governor La Ganesan passes away at 80 in Chennai hospital

Nagaland Governor La Ganesan died on Friday while undergoing treatment at a private hospital in Chennai, a Raj Bhavan official said. He was 80. Ganesan was undergoing treatment at the ICU of the hospital for the past few days and he died on Friday night, the Kohima Raj Bhavan PRO said. On August 8, Ganesan had collapsed at his home in Chennai and sustained a head injury, sources said. He was immediately rushed to the hospital, where doctors admitted him to the ICU to undergo intensive monitoring and treatment. Ganesan was appointed the 21st governor of Nagaland on February 12, 2023 and he assumed office on February 20 that year.

IKEA plans new India investment phase, stores in Chennai and Pune next

IKEA will open large-format stores in Chennai and Pune as part of its next India investment phase, with Gurugram and Noida Ingka centres set to open by 2028

Air India flight from Kerala diverted to Chennai; several MPs on board

Congress MP KC Venugopal was among the passengers on the flight, he described the experience as 'frighteningly close to tragedy'

Japan's Murata enters India with Chennai plant, eyes deeper push

Murata's first India unit begins capacitor packaging in Chennai; the firm plans deeper localisation amid growing demand across electronics, auto and industrial sectors

CenturyPly commissions India's largest particle board plant in Tamil Nadu

The Therovy Kandigai unit near Chennai will boost exports and job creation with 800 cu m daily capacity, cutting-edge tech, and sustainability-driven operations

Renault eyes full capacity at Chennai plant, no new partner planned

Renault targets 100 per cent capacity at the RNAIPL plant over the next few years following Nissan stake buyout, with no new partnerships under consideration currently

Diagnostic firm Aarthi Scans eyes North India, lines up ₹350 cr investment

Chennai-based Aarthi Scans plans to add 65 new centres by 2030, with 90% in North India, while exploring fitness diagnostics and targeting a Rs 600 crore turnover

QS2026 rankings: Delhi, Mumbai, B'luru among top global cities for students

Delhi, Mumbai, Bengaluru and Chennai have ranked among the top 130 cities in the QS Best Student Cities 2026 list, with Delhi named the world's most affordable city for students

Six Indian cities rank among Asia-Pacific's top 10 tech talent hubs

Bengaluru hosts the world's largest concentration of data scientists, Hyderabad leads in under-25 tech professionals, and Indian cities now account for 69 per cent of Asia-Pacific's total tech talent

Best of BS Opinion: India must go from pro-business to pro-market

Today's newsletter ties together multiple issues, but the central theme remains one of much-needed reform and regulatory action, be in in job creation or aviation or industry

Prestige Group eyes ₹3,350 cr revenue from new housing project in Chennai

Prestige Estates Projects Ltd is targeting Rs 3,350 crore revenue from its upcoming housing project in Chennai. The company has launched a residential project Prestige Pallavaram Gardens - on the PallavaramThoraipakkam Radial Road in Chennai. The 21.84-acre project has 2,069 premium apartments, offering a total saleable area of 3.1 million (31 lakh ) square feet and a "a Gross Development Value (GDV) of Rs 3,350 crore. Irfan Razack, Chairman & Managing Director, Prestige Group, said: "Chennai has emerged as one of the most dynamic real estate markets in South India, and we are delighted to strengthen our presence here." Bengaluru-based Prestige Group has a portfolio of residential, commercial, retail, hospitality, and integrated townships across major cities. The group has delivered 302 projects spanning 193 million square feet and has a pipeline of 130 projects covering 203 million square feet area. Prestige Estates Projects Ltd has set a target to sell properties worth Rs ...

Ample Parks launches 71-acre industrial park in Mahindra World City

With Rs 800 crore investment, Ample Parks unveils Chennai park with 2.1 mn sq ft leasing space and eyes 10x expansion across tier 1 and 2 cities in 5-7 years

Air India Mumbai-Chennai flight returns mid-air after burning smell onboard

A Chennai-bound Air India flight was forced to return to Mumbai on Saturday due to a "burning smell" in the cabin. The aircraft, however, landed back safely, Air India said in a statement. "Air India flight AI 639, operating from Mumbai to Chennai, on Friday, June 27, made a precautionary air-return to Mumbai due to a burning smell in the cabin," the airline said in a statement. The flight landed "safely" back in Mumbai, and an aircraft change was initiated, Air India said without giving specific details. The airline further said its ground teams in Mumbai provided all necessary support to passengers to minimise the inconvenience caused by this unforeseen disruption.

Prestige Group, Chennai-based realtor form JV to develop ₹1,600 cr project

Prestige Group and Arihant Foundations and Housing Ltd will jointly develop a 3.5-acre residential project in Chennai with a revenue potential of more than Rs 1,600 crore. According to a regulatory filing, Prestige Estates Projects Ltd and Arihant Foundations and Housing Ltd have formed a joint venture to buy 3.48-acre land in Velachery, Chennai from Rane (Madras) Ltd. The acquisition will be undertaken through JV entity Canopy Living LLP. "The land is earmarked for the development of premium residential dwellings with a total development potential of approximately 7.5 lakh square feet and an estimated Gross Development Value (GDV) of over Rs 1,600 crore," the filing said. On Friday, Rane (Madras) Ltd informed that it has sold a 3.48-acre land parcel in Velachery, Chennai to the JV firm for Rs 361 crore. The land deal was facilitated by real estate consultant CBRE. Irfan Razack, Chairman and Managing Director of Prestige Group, said, "Chennai continues to be an integral part of o

Chennai woman sent bomb threats to avenge 'one-sided love', arrested

A Chennai-based Deloitte consultant was arrested for sending hoax bomb threats across India via the dark web to frame a man she loved, after he married someone else