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Tamilnad Mercantile Bank MD & CEO Krishnan resigns

The Tuticorin-based Tamilnad Mercantile Bank (TMB)’s managing director and chief executive officer, Krishnan Sankarasubramaniam, has resigned from the post, citing personal reasons. This comes within thirteen months since he was appointed on September 4 last year. “Though I still have about two-thirds of my term to go, due to personal reasons, I have decided to […]

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Chennai city’s new transport roadmap to be funded by World Bank

Since Chief Minister MK Stalin had approval the proposal to modernise MRTS railway stations during the first authority meeting of Chennai Unified Metropolitan Transport Authority (CUMTA), the latter has sought funds from the World Bank to implement the project. A meeting was conducted on Tuesday in which officials from Metropolitan Transport Corporation (MTC), Greater Chennai

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EPFO subscribers can opt for higher pension now; can ask for 8.33% deduction from total PF contribution

After days of discussions, the Employees’ Provident Fund Organisation (EPFO) has issued a circular on Monday to its regional offices with a set of instructions to implement the November 4 judgment of the Supreme Court on higher provident fund (PF) pension. It lists the procedures and required documents for existing employees and for those who

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Parameswaran Iyer moves to World Bank, BVR Subrahmanyam is next NITI Aayog CEO

Parameswaran Iyer, the former Indian Administrative Services (IAS) officer who was brought in as chief executive officer of the government policy think-tank NITI Aayog in July last year, was appointed as executive director, World Bank headquarters, on Monday Iyer will replace Haryana cadre IAS officer Rajesh Khullar at the World Bank, who will return to

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இந்திய பொருளாதாரம் பற்றிய டாக்டர் பாரிவேந்தர் அறக்கட்டளை சிறப்பு சொற்பொழிவு

எஸ் ஆர் எம் குழும நிறுவனர் டாக்டர் பாரிவேந்தர் அறக்கட்டளை சார்பில் இந்திய பொருளாதாரம் மற்றும் 2023 ம் ஆண்டிற்கான மத்திய நிதிநிலை அறிக்கை பற்றிய சிறப்பு சொற்பொழிவு நடைபெற்றது. இந்துஸ்தான் சேம்பர் ஆப் காமர்ஸ் அமைப்பின் தலைவர் வி நாகப்பன் பங்கேற்று சிறப்பு சொற்பொழிவு ஆற்றினார். நிகழ்ச்சிக்கு எஸ்ஆர்எம் அறிவியல் தொழில்நுட்ப நிறுவனத்தின் துணைவேந்தர் முனைவர் சி. முத்தமிழ்ச்செல்வன் தலைமை வகித்து வரவேற்றார். நிகழ்ச்சியில் நாகப்பன் பேசியதாவது: நாடு சுதந்திரம் அடைந்த பிறகு 26.11.1947ல் நாட்டின்

இந்திய பொருளாதாரம் பற்றிய டாக்டர் பாரிவேந்தர் அறக்கட்டளை சிறப்பு சொற்பொழிவு Read More »

Renault-Nissan to invest Rs 5.3K crore in Tamil Nadu plant 

In a move that is estimated to generate 2,000 additional jobs, the Renault-Nissan alliance is investing Rs 5,300 crore in Tamil Nadu to modernise its plant near Chennai. The plan is to make six new models, with Renault and Nissan making three models each, aimed at domestic and international customers, including two small electric cars.

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Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore

The 14 th edition of the biennial Aero India which will see participation of 809 Indian and foreign companies spread over 35,000 sq.m. is excepted to see conclusion of 251 Memoranda of Understanding (MoUs) worth ₹75,000 crore during the three business days, defence officials said. At the Defence Ministers’ conclave for which 32 foreign Defence Ministers have

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Modi is trying to protect Adani , says Rahul Gandhi

Prime Minister Narendra Modi is trying to protect businessman Gautam Adani or else he would have ordered an inquiry into the allegations of fraud by the Adani Group, former Congress chief Rahul Gandhi said on Wednesday. Speaking to reporters minutes after the Prime Minister replied to the Motion of Thanks to the President’s Address in

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Adani prepays $1,114 million to release the Group companies’ shares 

Gautam Adani and his family, who are promoters of the Adani Group companies have prepaid $1114 million worth of borrowings raised with pledging of shares of various listed entities ahead of the schedule payment in September 2024. With prepayment, pledged shares in Adani Ports & Special Economic Zone, Adani Green Energy and Adani Transmission will

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