Page 6 - Chennai

Tamil Nadu to launch #BullishOnTN brand campaign at Davos to woo investors

Tamil Nadu has been invited to WEF to help shape the global narrative on "Collaboration for the Intelligent Age." The state will be participating in three WEF sessions

15 fishermen released from Sri Lankan prison arrive at Chennai airport

Tamil Nadu Fisheries Department officials received them at the airport and sent them to their respective native places

L&T launches second multi-purpose vessel for Navy from Kattupalli shipyard

Infrastructure major Larsen & Toubro (L&T) has launched the second multi-purpose vessel for the Indian Navy from its Kattupalli Shipyard near Chennai. The launch of the vessel, christened INS Utkarsh, comes within three months of the launch of the first MPV INS Samarthak. The first vessel is being readied for undergoing tests and trials prior to its delivery to the Indian Navy, L&T said in a statement on Tuesday. The multi-purpose vessels (MPVs) are highly specialised and play multiple roles, including serving as trial platforms, for the development of next generation weapons and sensors. They will perform maritime surveillance, humanitarian assistance, combat sea pollution, besides taking up launch and recovery of surface and aerial assets, etc. The design engineering of the MPVs has been undertaken at L&T's in-house warship design centre at Chennai and the construction is accomplished at the company's Katupalli Shipyard. L&T is also constructing three Cadet ...

Passenger train derails in Tamil Nadu, no one injured; traffic restored

A coach of a MEMU (Mainline Electric Multiple Unit) train bound for Puducherry derailed near Villupuram on Tuesday, an official said and a major accident was averted as the loco pilot noticed it and quickly halted the train. No one was injured and the traffic was restored in about 3 hours, the official said adding the cause of derailment would be known only following completion of an inquiry, which has been ordered. When the Villupuram-Puducherry train with approximately 500 passengers, soon after its departure from Villupuram at 5.25 am, was crossing a curve, a coach derailed and the loco pilot swiftly stopped the train. The derailment led to disruption of train services in the Villupuram route till 8.30 am. The Villupuram-Puducherry MEMU is a short distance train covering about 38 km.

Ecobox to invest Rs 400 cr on Chennai facility, buys 50-acre land

Ecobox Industrial Parks on Monday said it will be investing Rs 400 crore for a facility near Chennai. It has already acquired a 50-acre land parcel at Mannur, in Tamil Nadu, where a 12-lakh sq ft facility will come up, as per a company statement. The newly formed operating platform of Alta Capital's Logicap Advisors said it plans for a greenfield development on the land. "The project located three kms from SH 50, with a planned development area of 1.2 million square feet (mn sft) and an investment outlay of over Rs 400 crore, will serve the increasing demand for modern industrial and logistics facilities in India," the statement said. At present, Logicap has a total footprint of 13 million sq ft, making it the fifth largest logistics platform in the country, the statement said. The site is well connected to key industrial corridors and Chennai's manufacturing base, and the project is designed to support e-commerce, third-party logistics, and light manufacturing sectors. Alta was

TN people favour DMK's return due to efficient governance: CM Stalin

Notwithstanding the Centre 'ignoring' Tamil Nadu and political rivals trying to create rumours about the ruling dispensation, the DMK-led government was delivering efficient administration and the people of the state were therefore inclined to vote for the party once again in next year's elections, Chief Minister M K Stalin said on Sunday. In a letter to party men extending his Pongal festival greetings, the ruling DMK President also exhorted them to sincerely work for people's welfare and be "true to their trust on us." "The people of Tamil Nadu are firm that the DMK government should come to the ruling saddle for the seventh time (in 2026), thanks to the Dravidian model government's transparent rule and efficient administration with clear-cut schemes that has resulted in various achievements, despite the Centre regularly ignoring Tamil Nadu and political rivals trying to spread rumours," Stalin said. Tamil Nadu has been making rapid strides in attracting investments, women's safet

Chennai among top 3 cities for women's social, industrial inclusion: Study

Chennai has been recognised as one of the top three cities in India excelling in social and industrial inclusion for women, according to a recent study. As many as eight cities from Tamil Nadu have figured in the list with the capital city ranking second for being the most inclusive, safe and resilient and sustainable city for working women. As per the Top Cities for Women in India 2024 report by Avtar group, South India emerged as the most gender-inclusive region with 16 cities in the south featuring in the top 25. Bengaluru has surpassed Chennai to secure the top position as the best city in the country for working women in 2024, it said. Avtar Group Founder-President Saundarya Rajesh said Chennai came second for being the most inclusive, safe, resilient, sustainable city for working women and Tamil Nadu dominated the survey results with Coimbatore, Tiruchirappalli, Vellore, Madurai, Salem, Erode and Tiruppur also being on the top of the list. "Cities are the foundations of ...

Kotak fund invests Rs 940 cr in IPO-bound diagnostics chain Neuberg

Neuberg Diagnostics, promoted by GSK Velu, is planning to use the pre-initial public offering fundraise to boost its merger and acquisition ability

'DMK supporter, not member': Stalin on Anna University sex assault accused

DMK chief MK Stalin accused the Opposition of finding fault with his government even after the accused was arrested within a few hours and after evidence had been gathered

Tata Electronics gets CCI's nod to acquire majority stake in Pegatron India

The Competition Commission of India (CCI) on Tuesday approved Tata Electronics' proposal to acquire a majority stake in Apple's contract manufacturer Pegatron Technology India. Tata Electronics Pvt Ltd (TEPL) is a wholly-owned subsidiary of Tata Sons. TEPL have expertise in manufacturing high-precision components for large customers. The proposed combination envisages TEPL to acquire the majority shareholding of Pegatron India in two tranches, CCI said in a release. TEPL, through Tata Electronics Systems Solutions (formerly known as Wistron Infocomm Manufacturing (India), is also engaged in the provision of electronics manufacturing services (EMS) for smartphones. The fair trade regulator also granted nod to Tata Electronics to transfer the business undertaking of TEL Components, an wholly-owned subsidiary of TEPL, to Pegatron India. "Commission approves the acquisition of certain shareholding of Pegatron Technology India Pvt Ltd (Pegatron India) by Tata Electronics Pvt Ltd (TEPL)

Despite moderation, India will be fastest growing economy: N Chandrasekaran

Tata Group Chairman N Chandrasekaran highlighted three major transitions in the world, including shift to renewable energy, that are moving in line with India's strengths

Chennai sexual assault case: NCW assessed security at Anna Univ, met SIT

The protesters demanded the resignation of the Tamil Nadu Chief Minister and demanded strict action against the university

Student assault: BJP to take out 'justice rally' from Madurai to Chennai

Stepping up heat on the ruling DMK over the student sexual assault case, the BJP's state unit on Monday announced that the party's women's wing will take out a rally from Madurai to Chennai, seeking justice for the victim. BJP state president K Annamalai, announcing the protest, alleged the accused belonged to the DMK and there were attempts to "conceal the truth," in the matter. Condemning this and the atrocity inflicted on the women, the BJP's state Mahila Morcha, under its chief Umarathi Rajan, will take out the "justice rally" from Madurai to Chennai and will set off from the southern city on January 3, he said in a post on 'X.' "It has been decided, that upon completion of the rally in Chennai, a memorandum will be presented to the Tamil Nadu Governor on demands by the women's wing," Annamalai added. Madurai is located about 450 km from here. A 19 year-old student was sexually assaulted inside the campus of Anna University, a premier technical varsity, prompting outrage from

Anna University sexual assault case: SIT probe and FIR leak spark outrage

The Anna University sexual assault case has sparked protests and a SIT probe, with Madras HC directing Rs 25 lakh compensation for the survivor, while an FIR leak raises privacy concerns

Student sexual assault on Anna University campus sparks row: All we know

The 37-year-old accused had been arrested in 2011 on charges of sexually assaulting another woman on the same campus

When Zoho CEO Vembu wanted to hire Trump's new AI advisor Krishnan

Born in Chennai, Krishnan's life took a pivotal turn when he persuaded his father to buy him a computer. He later became a well-known figure in the technology world of Silicon Valley and beyond

TVS Emerald buys land in Chennai for Rs 2,800 crore real estate project

TVS Emerald has bought a 12-acre land to develop a real estate projects worth about Rs 2,800 crore. The company did not disclose the cost of the acquisition of the land, which is located on Radial Road (PTR) in Chennai. The land will have a development potential of 2.5 million square feet and a revenue potential of Rs 2,800 crore, the company said in a statement. This marks the third acquisition of land by TVS Emerald in the current fiscal. Earlier, the company acquired a 4-acre land parcel in Padur, Chennai and a 4-acre parcel in Thanisandra, Bengaluru. Sriram Iyer, Director & CEO, TVS Emerald, said, "This landmark acquisition, reinforces our commitment to strategic growth and market leadership in Chennai and Bengaluru." By securing this land on the premium Radial Road corridor, he said, the company is expanding footprint and creating substantial value for its stakeholders. "This move aligns perfectly with our vision of developing world-class properties in high-potential ...

Who is Sriram Krishnan, the Chennai techie chosen by Trump as AI advisor?

Sriram Krishnan is expected to shape the Trump administration's AI policy. In 2021, Krishnan and his wife Aarthi Ramamurthy gained recognition as the hosts of a podcast

Tamil Nadu achieves milestone with over 10,000 DPIIT-registered startups

Tamil Nadu has achieved a milestone by registering over 10,000 startups with the Department for Promotion of Industry and Internal Trade (DPIIT), under the Union Ministry of Commerce and Industry, the state government said on Sunday StartupTN has played a crucial role in nurturing the ecosystem by implementing various schemes and initiatives like funding programmes, mentorship opportunities and incubation support, StartupTN Mission Director and CEO Shivaraja Ramanathan said. The state's startup ecosystem has been 'thriving' with 9 regional hubs and a metro hub in Chennai, providing a robust infrastructure for budding entrepreneurs to grow, he said. "Tamil Nadu has achieved a remarkable milestone of 10,000 DPIIT registered startups, a significant jump from 2,300 in March 2021. This exponential growth can be attributed to the revival of StartupTN under the leadership of Chief Minister M K Stalin focusing on supporting startups and fostering innovation," Ramanathan said in a social med

IndiGo launches daily direct flights between Chennai and Penang in Malaysia

IndiGo has launched daily direct flights between Chennai and Penang in Malaysia on Saturday, becoming the 37th international destination for the private airliner. The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option, IndiGo said in a statement on Saturday. "We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India" IndiGo Head of Global Sales Vinay Malhotra said in a statement. At the inaugural ceremony, Chennai Airport director C V Deepak handed over the boarding pass to the first passenger on Saturday. "Your gateway to Malaysia's crown jewel! The inaugural flight (6E1045) of IndiGo from Chennai to Penang was marked