The plants of Royal Enfield, Yamaha, Renault-Nissan and Daimler were shut on Wednesday after the Tamil Nadu government declared a public holiday. Ashok Leyland, Ford, Hyundai, TAFE and Apollo Tyres are some other automotive companies with their facilities in and around Chennai.
The National Disaster Response Force has earmarked a total of 50 teams -- with 30 being deployed on the ground in Tamil Nadu, Puducherry and Andhra Pradesh -- in view of the cyclone moving ahead from the Bay of Bengal towards the coastal areas.
On Friday, Yediyurappa announced that the state government will ban the use of firecrackers due to the Covid-19 pandemic, but an official press release from him later said green crackers were exempt from the ban. Sections of firework makers and traders said extensive publicity to the CM’s first statement on a cracker ban had left them in a spot.
The State has consistently been showing a decline in cases over the last few weeks, providing some relief in the State which has been among the worst-affected in the country. Chennai reported under 700 new Covid-19 cases again on Tuesday with 669 people testing positive.
During his life, Krishnan received several honours including the Padma Bhushan, Padma Vibhushan and Sangeetha Kalanidhi.
The channel’s investigation revealed crumbling health infrastructure across metros during the pandemic, and put a spotlight on the greedy “Covid vultures” trying to make money out of misery and charging exorbitant fees from patients.
The state witnessed 4462 new Covid-19 cases on Wednesday, a marginal drop from 4666 cases on Tuesday. This brings the total tally up to 670,392, the state media bulletin confirmed. The death toll in the state touched 10,423, with 52 more deaths being reported, the State media bulletin confirmed.
Singer SP Balasubramaniam passes away at 74; in tribute Modi says 'our cultural world is a lot poorer'
The singer had been hospitalised on August 5 for Covid-19.
Stocks in the news: IndusInd Bank, Vodafone Idea, Majesco, LVB, Relaxo, Mphasis and Prestige Estates
Insurance technology firm Majesco has announced a share buyback plan of up to Rs 631.26 crore.
After over a month-long battle at the Intensive Care Unit of MGM Healthcare Chennai, legendary singer SP Balasubrahmanyam passed away on Friday. The late musician's son SP Charan told the reporters that his 74-year-old father breathed his last at 1:04 pm today.Music legend SP Balasubrahmanyam passes away at 74
Suresh Raina says IPL exit decision was ‘heartbreaking’; plays down CSK boss N Srinivasan’s ‘prima donna’ comment
The ace cricketer dismissed reports of a rift with Chennai Super Kings players.
Condemnation of police for the deaths of P Jayaraj and his son J Beniks in judicial custody dominated social media and more complaints of police brutality against Covid curfew violators surfaced on Friday, but the state govt is yet to act against those responsible for the assault. No FIR has been registered against police, govt doctor, magistrate and jail personnel.
Raina's uncle and cousin passed away after battling for life for days.
Closure of major industries and commercial establishments has resulted in about 30% fall in power consumption. Since they pay a higher tariff compared to domestic consumers, the resultant shortfall in revenue will be much more.
The city-based group company of IndianOil had reported a standalone net loss at Rs 233.41 crore during the corresponding quarter of the previous financial year.
There has been a gradual and marginal decline in the number of cases over the last week. On Sunday, 5975 people had tested positive. The total number of cases in the state now stands at 385,352. The number of deaths reported too was the same as the number on Sunday with 97 more people succumbing to the infection.
A show-cause notice has been issued to hospitals after 236 COVID-19 deaths were not reported by the Tamil Nadu government. According to a report by TOI, at least 460 people succumbed to COVID-19 in Chennai till June 8 which is more than double the 224 announced by the directorate of public health (DPH). The matter came to light after the scrutiny of the city corporation death registry by the DPH when officials visited Ripon buildings on Tuesday.COVID-19 deaths under-reported in Chennai, officials admit; authorities to probe discrepancy
The IIT-Madras team mapped the mobility data of Facebook users in every district in Tamil Nadu, and came up with an analysis on how lockdown compliance in Chennai was far less than in other districts.
The govt arrived at this decision after the medical expert committee constituted by the state govt recommended that the govt should tighten certain lockdown relaxations given in Chennai.
Many residents across the city are making use of a change in floor space index rule to demolish their stand-alone houses and construct apartments, making better use of the space and earning more rent.
Well-known textile names such as Saravana Stores, Nalli Silks, Kumaran Silks, Pothys, Chennai Silks in addition to popular jewellery brands like GRT, NAC Jewellers, Kalyan Jewellers, Joyalukkas, and so on have large establishments in the area.
Even in these areas, shops to be open from 6 am to 2 pm and people will be allowed to buy essential items. However, there will be a complete lockdown in on Sunday.
The good news for cricket fans and fans of T20 franchise cricket, in particular, is that the 13th edition of the IPL, albeit late, is being played after the BCCI managed to shift the whole tournament to the UAE. For the first time, only three venues will host as many as 60 matches. The evening matches will begin at 7:30 pm IST, while the afternoon matches will start at 3:30 pm.
Tagging a clip of his interview to News18 Tamil Nadu channel on his Twitter handle, Karti regretted that the so- called pro-Tamil outfits- that support the release of the seven convicts- have never spoken about the victims.
The legal notice to SII says the participant suffered a serious adverse event after being administered the under-trial vaccine, and is demanding financial compensation of Rs 5 crore. The legal notice also alleges that despite this, no public disclosure was made.
Nivar weakened into a severe cyclonic storm after it crossed coast near Puducherry, the IMD said. Earlier, the IMD had said Nivar will cross coast near Puducherry with a wind speed of 120-130 kmph, gusting up to 145 kmph. The landfall of Nivar began late on Wednesday night.
Mutual fund investors, especially equity investors, get very nervous every time the market touches or hovers around a historical peak. These numbers are psychologically-significant for many of them.
Software professionals who work in the upcoming Tidel Park at Pattabiram may relax with a cup of coffee in style in a garden that would offer a bird’s eye view of the sprawling western parts of the city. The IT park will have lush green environment not on the ground floor or on the terrace, but in the middle of the multi-storey building, which would be one of the tallest structures on Chennai-Tirupati high road.
Tamil Nadu reported the highest ever spike in Covid-19 positive cases on Wednesday with 817 people testing positive. The state also reported six more deaths.
However, UltraTech Cement, ITC, Indian Oil Corp, Sun Pharma and Shree Cements were among the top losers.
Raina will however continue to be an integral part of the Chennai Super Kings (CSK) franchise.
However, Grasim Inds., NTPC, Shree Cements, Larsen & Toubro and Adani Ports SEZ were among the top losers.
The city-based company has registered net loss at Rs 29.33 crore during corresponding quarter previous year.
The company is yet to announce its financial results for the March quarter.
To begin with, a pilot will be carried out involving 250 vendors across five cities — Ahmedabad, Chennai, Delhi, Indore and Varanasi — and this coverage will be expanded subsequently to other cities.
Thalaiva breaks silence: Rajinikanth slams Centre over Delhi violence, Kamal Haasan nods in agreement
Rajinikanth takes a strong stand on Delhi riots.
The move to construct the 3 feet high walls blocking the two border roads came at a time the total number of positive cases in Tamil Nadu moved to 1,885, with Vellore reporting 22 and neighbouring Chennai reporting more than 500 cases.
While police patrol vehicles and flying squads of civic bodies alone could be seen in Chennai, Coimbatore, Madurai, Salem and Tirupur, people in some localities in north Chennai loitered around and police warned them to stay indoors. Also, regions close to Chennai and falling under Chengelpet, Kancheepuram, and Tiruvallur districts are fully shut today.
The home ministry has set up four more inter-ministerial central teams (IMCTs) for making an on-spot assessment of Covid-19 in Surat, Ahmedabad, Chennai and Hyderabad, while the team deputed for Mumbai and Pune has been asked to visit Thane.
In the event of medical workers in private hospitals contracting the virus, the Health department protocols in this regard will be duly followed, and all preventive measures will be put in place and medical services will be later allowed to resume there
Shortly after news broke about the accident on Friday afternoon, Chief Minister Edappadi promised a solatium of Rs 2 lakh each to the families of the deceased.
Mirae Asset ESG Sector Leaders ETF closes for subscription on November 10, and Quant ESG Equity Fund closes for subscription on October 30.
We have been getting queries from its readers about the lacklustrure performance of Franklin India Taxshield Fund. Possibly triggered by the shutting down of six debt schemes by the fund house in April, anxious investors are tracking their their investments in the conservative tax-saving scheme closely.
The housing finance arm of Canara Bankreported a 35.84 per cent rise in its net profit to Rs 90.91 crore for the March 2020 quarter
It’s a season of mergers and acquisitions in the startup space as established players venture out for new buys.
While no activity will continue to be permitted within any of the 'Containment Zones (CZ)' in the state including greater Chennai and neighbouring districts, already permitted trade, including groceries and vegetable shops, commercial and industrial activities would be allowed to resume, as long as social distancing and other norms are followed.
PNB Gilts, Igarashi Motors and TD Power are among a few companies which will announce their march quarter earnings today.
In all, the company targets to install 6,500 charging points across the country by 2022. The Hero MotoCorp-backed firm currently has 150 fast charging stations pan-India, including 37 in Bengaluru and 13 in Chennai.
Promoters of Vodafone Idea may infuse around $1.5 billion into the telecom operator.
Stocks in the news: RIL, JSW Energy, Bajaj Finserv, Strides Pharma, Bajaj Auto and Jubilant Foodworks
Here are a few stocks which may create some buzz in Thursday’s trade.
Mamallapuram was largely spectacle summitry, but Modi and Xi’s strategic communication is deepening.
In a note titled `An Update on Winding-up of 6 Fixed Income Schemes,' Sapre udated the unitholders that Karanataka High Court has completed the hearing the arguments on the winding up of six debt schemes. He also clarified on the First Information Report filed by Economic Offence Wing.
Rhetoric should be translated into reality in the bilateral relations between the two countries. In this regard, Russia should move out from the Chinese orbit and augment its relations with India on an “equal footing” for ushering an equitable world order. This can provide a new impetus to the India-Russia relations.
The winning ticket was drawn by Novak Djokovic.
With most of the athletes forced to stay indoors for the past two months due to the nationwide restrictions on outdoor activities, their training patterns got disturbed and they had to make do with improvised workouts that were insufficient for the needs of international athletes.
Mutual fund advisors believe that even though ESG has been applauded globally, the theme cannot replace multi cap schemes. Since the theme is new to Indian markets, there are not many options to invest.
Commercial paper is an unsecured money market instrument issued in the form of promissory notes.
With Sam Curran included in the playing XI after arriving here on September 17, it means there is no separate quarantine for players coming from the UK.
Among the stocks that touched their 52-week lows were Chennai Petroleum and Deccan Cements.
The new market entry will be led by an engaging marketing campaign in India and the UAE as MakeMyTrip partners with Royal Challengers Bangalore (RCB), Mumbai Indians (MI) and Chennai Super Kings (CSK), the company said in a statement.
In 2016, the company had launched its first all-women delivery station in India, with its partner in Chennai, Tamil Nadu, it added.
"We wish to inform that the mutual due diligence is substantially complete, and the parties are in discussions on the next steps. The bank will continue to share any further information as and when they materialise," the bank told BSE.
Sell Chennai Petroleum Corporation Ltd. at a price target of Rs 220.0 and a stoploss at Rs 235 from entry point.
Thermal screening is mandatory for people coming from other States and Union Territories by air, rail or road and for those coming from other countries by air or ship.
Unilever said India business growth will be “soft” because of the rural slump.
In the last fortnight, many cities have reported acceleration in cases, explaining the national surge.
CCI approved NTPC's acquisition of the central government's 100 per cent stake in NEEPCO.
The 62-year-old Anbazhagan undergoing treatment at the private hospital Dr. Rela Institute & Medical Centre here was in a critical condition.
One thing that catches the eye is that investors have been betting more on gold ETFs than gold funds. Mutual fund participants say the shift is indeed happening and offer a variety of reasons for it.
Nestle India, BPCL and Lemon Tree are among a few companies which will report their quarterly results today.
His fiery tone, trademark gesticulations and lectern-thumping all added up to this: he was not going to be his non-existent party’s chief ministerial face in the Tamil Nadu assembly polls in 2021, and, what’s worse, he wouldn’t say when this party would be launched.
A Chennai techie, Shanmuga Subramanian, used lunar images from Nasa's Moon's Lunar Reconnaissance Orbiter captured on different dates and studied them for weeks to locate the debris of the lander. He wrote to Nasa informing about his findings. In a tweet later, Nasa confirmed the news and released images of impact site on moon surface.
The factory is expected to generate employment for close to 10,000 people, besides a $2-bn export boost.
The corporate captain tweeted about the actor’s good deed.
Buy Chennai Petroleum Corporation at a price target of Rs 303 and a stoploss at Rs 282.
Punjab National Bank (PNB) has scrapped its plan to sell shares in its mortgage lending subsidiary PNB Housing Finance.
An industry representative said that on one hand, casual workers in some areas are desperate enough to work at wages lower than that six months ago, while on the other, absenteeism is on the rise among those holding down regular jobs.
CCI has approved the restructuring of Apollo Hospitals Enterprise's pharmacy business
Equity mutual funds in India may witness their first monthly net outflows in more than four years as investors continue to cash out to tide over the pandemic-related credit crunch, while others hold off adding more in a rising stock market.
The company, part of the diversified conglomerate Murugappa Group had reported Rs 3.59 crore during corresponding quarter previous year.
RBI has taken action against Equitas Small Finance Bank for failing to meet deadline for getting shares listed.
The city-based Murugappa Group company had recorded standalone net profit at Rs 88.45 crore during corresponding quarter previous year.
In a 13 minute-long video, the musical team of the film came together to offer their tributes.
KEC International said it has bagged orders worth Rs 1,520 crore across various business verticals.
Power usage has fallen by almost a quarter since Prime Minister Narendra Modi enforced a nationwide lockdown starting March 25, forcing all industries except those deemed essential to shut down.
The IPO will see sale of 1.22 crore equity shares through offer-for-sale by Great Terrain Investment, NSE Investments, Acsys Investments, HDFC and HDB Employees Welfare Trust.
Most mutual fund advisors have been asking their hassled clients to stick to overnight funds, liquid funds, corporate bond funds, and banking & PSU funds. If the investors is extremely cautious, they have been asking them to stick to overnight funds and liquid funds.
The fund is required for new technology and brand awareness. The company aims to complete fund raising exercise by December.
Contact tracing is one of the most important solutions sought to battle the ongoing pandemic and web mapping firms in India are leveraging their technology and tweaking their features to bring similar solutions to fight Covid-19.
Known informally as HAM radio operators, these hobbyists use wireless radio sets and antennas - both static as well as mobile -- to interact with fellow HAM users across the world, a technique developed over a century ago.
Mutual fund advisors and financial planners believe that profit booking is not the only reason for the sharp fall in mutual fund net inflows in June.
The issue has been fixed at Rs 570 per share, including premium of Rs 560 per rights equity share.
HDFC Mutual Fund plans to rollover HDFC Equity Opportunities Fund – Series 2, a close-ended fund launched in May 2017 with a tenure of 1126 days, by another 18 months.
Apart from debt schemes, Investors also seem to be pulling money out even from the equity schemes managed by the fund house. Equity AAUM also suffers because of market movements.
Tata Steel plans to cut jobs across its European operations as it wrestles with excess supply.
Holding a high-level review on rising Coronavirus spread last Sunday, chief minister K Chandrasekhar Rao had hinted at imposing fresh lockdown in Hyderabad for 15 days with stricter curfew conditions, which includes shutting down flights and trains.
The company's capital expenditure during 2019-20 stood at Rs 974.2 crore, Mittal said.
The transaction is likely to conclude in July, they said.
It also announced elevation of Nitesh Kumar Gupta as MD & CEO of the company.
Non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital. Prices were up by Rs 4 in other metros mostly because of different local sales tax or VAT rate.