City Chennai Financial News

14.12 / 20:55
Death film President Actor love Courts Allu Arjun arrest: Congress says no ill feeling towards any film hero, law takes its course
Congress president in Telangana B Mahesh Kumar Goud on Saturday said law was taking its course in the arrest of top Telugu actor Allu Arjun and that his party would not have issues with any film hero. The cases filed against Arjun are within the purview of law and the court granted him bail, he said. Congress would only have love for any cinema hero but not ill feeling, he said. Goud pointed out that it was Congress chief ministers in undivided Andhra Pradesh who were instrumental in the Telugu film industry shifting from Chennai to Hyderabad (in the 1980s). Goud took exception to BJP leaders finding fault with the Congress government over the arrest of Allu Arjun on Friday over the death of a woman when fans jostled during the premier show of the actor's film 'Pushpa 2' earlier this month.
14.12 / 13:33
markets Digital Southern film Trade show audience Pushpa 2: The Rule emerges as pan-India success as the Hindi dubbed version contributes 60.1% to its total collection
Pushpa 2: The Rule, has emerged as a pan-India success. The film, which is made within the budget of Rs400-500 crore, has garnered more than Rs750 crore in all languages in India alone in nine days of its release. Interestingly, the contribution of the dubbed Hindi version of the film to the total collection in all languages has been 60.1% at Rs453 crore. This shows that the film has emerged as a pan-India success. Ramesh Bala, entertainment sector analyst based in Chennai, Tamil Nadu said, “A southern film which crosses over its home state and makes Rs100 crore in dubbed Hindi version is a pan-India success.” He said that Pushpa 2: The Rule has fulfilled most expectations of an able sequel just like K.G.F: Chapter 2, the sequel of the original Kannada film K.G.F: Chapter 1.
13.12 / 05:29
Dash security beautiful actress Features Interviews Relationships Decoding Keerthy Suresh’s bridal dress and jewellery: From madisar saree to netti chutti, how she embraced her Tamil Iyengar roots
Antony Thattil, in an intimate ceremony in Goa. The lovebirds paid homage to their cultural roots by exchanging vows in a traditional Tamil Brahmin Iyengar ceremony. In the several pictures that have now gone viral, the ‘Dasara’ actress looked resplendent in a parrot green madisar saree that was draped in the Iyengar Kattu style, while her groom looked dashing in a gold-cream-coloured veshti.
13.12 / 01:13
markets Manufacturing Strategy Apple Software Schools rights Amid uncertainty over Trump's policies, US companies hold India investments
Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»
12.12 / 17:55
FIVE security composer classical innovations chess Shatranj ke world champion khilari
Gukesh Dommaraju, a.k.a. D Gukesh, was 'only' the third youngest grandmaster in history. By yesterday evening, the teenager from Chennai also entered the annals of chess history, becoming the youngest-ever world chess champion.
12.12 / 14:49
security Celebrity classical stars Schools Features chess Youngest world chess champion D Gukesh's schooling, education and family background
D Gukesh etched his name in history on Thursday by becoming the youngest world chess champion at the age of 18. Gukesh defeated reigning champion Ding Liren of China in the 14th and final game of their closely contested match to secure the title. The match, which kept chess enthusiasts on edge, ended with Gukesh achieving 7.5 points against Liren’s 6.5 after a dramatic victory in the final classical time control game. As the new world champion, Gukesh will receive the $2.5 million prize fund. Gukesh is the second Indian to claim the world chess title, following in the footsteps of the legendary Viswanathan Anand. Anand, a five-time world champion, last held the title in 2013 before losing to Magnus Carlsen.
12.12 / 09:49
Yellow love social actress information gatherings Features Keerthy Suresh marries Antony Thattil in colourful Iyengar ceremony in Goa. Check out pics
Iyengar ceremony. The actress looked radiant in a traditional yellow and green madisar saree, complemented by a side bun styled in the iconic Aandal Kondai. Superstar Thalapathy Vijay was one of the esteemed guests at the wedding. Take a look at the stunning pictures here:
12.12 / 07:13
markets Digital Strategy Software Experts country innovations WPP appoints Prashant Mehta as MD for Global Delivery Centre
Prashant Mehta as Managing Director to lead its Global Delivery Centre (GDC). Mehta will focus on accelerating the GDC’s global growth, with a significant concentration of talent based in India. The specialist capability hub, accessible to all WPP agency teams worldwide, will be headquartered in India. This follows the recent opening of a new campus in Chennai, WPP’s third in the country after Mumbai and Gurugram. India, a top-10 growth market for WPP and a hub of technological innovation and creativity, is pivotal to the GDC’s strategic expansion. Leveraging an existing workforce of 11,000 in the country, the GDC enhances WPP’s presence by capitalising on India’s resources and specialist expertise.
11.12 / 12:29
markets Digital Software Research Healthcare reports prevention Healthcare sector sees surge in hiring intent led by Delhi, Chennai: TeamLease EdTech
Healthcare sector in the country is witnessing a hiring surge, with 47 per cent employers planning to recruit staff in this segment, driven by advancements in telehealth and a growing focus on preventive care services, TeamLease EdTech said on Wednesday. The surge in healthcare sector hiring is led by Delhi and Chennai as these cities witnessed highest demand for critical roles in this space. Delhi (65 per cent), Bangalore (56 per cent) and Ahmedabad (48 per cent) have emerged as key hubs for Research Associate roles, which involve conducting medical research, supporting clinical trials, and managing data. According to the report, the aging population and the prevalence of chronic illnesses continue to highlight the need for continuous healthcare support and innovative treatments.
09.12 / 06:35
markets UPS Strategy Software awards International Land prices surge across India's top micro-markets
infrastructure development are driving up land prices in key micro-markets, particularly with the growth of satellite townships across the country. This trend is especially noticeable in and around the Mumbai Metropolitan Region (MMR), Bengaluru, and the Delhi NCR. Efforts to reduce congestion in these cities and their surrounding areas have resulted or is expected to witness an incease of 1.4X to 3.9X appreciation in land prices. “It is the right time for investors to invest in a location which is expanding rapidly and experiencing high land price appreciation, driven by existing & upcoming infrastructure initiatives. Investors can enjoy high returns and explore various rental yield options including second homes, holiday homes etc. and expand their real estate portfolio by investing in one of the top growth markets in India, “says Swapnil Anil, Managing Director, Advisory Services, Colliers India.
08.12 / 19:25
markets Strategy Remark Experts reports rights IPL a bigger hit, revenues surge
IPL) is on a remarkable growth streak, with the top 10 franchises seeing their combined revenue more than double to ₹6,797 crore in FY24 from ₹3,082 crore in the previous year, according to financial data from Tofler. Experts attributed the surge to the league's soaring commercial appeal, powered by smart media partnerships and lucrative sponsorship deals. The primary catalyst for growth was the record ₹48,390 crore media rights deal signed in 2022 between the Board of Control for Cricket in India (BCCI) and Disney Star and Viacom18, who have since combined to form JioStar.
07.12 / 12:23
Strategy Moodys Experts Courts rights NCLAT sends Aakash's AoA amendment case back to NCLT
NCLAT) has declined to lift the stay on the NCLT order, barring amendment of the Articles of Association of Aakash Educational Services, a subsidiary of the debt-ridden edtech major Byju. Disposing the petitions moved by Manipal Health Systems and Aakash Educational Services, the Chennai bench of the National Company Law Appellate Tribunal on Friday asked them to file applications before the National Company Law Tribunal for vacating the order passed on November 20, 2024. A two-member bench granted them a week to file it and also directed the National Company Law Tribunal (NCLT) to decide it within three weeks thereafter. Moreover, the status quo would continue as directed by the Supreme Court in this matter, a 14-page-long NCLAT order said.
06.12 / 02:43
Citi Waters ICE Glacier country reports Under pressure: How climate change is impacting Indian cities
Subscribe to enjoy similar stories. New Delhi and the National Capital Region (NCR) is beset by problems, with the unbearable amounts of atmospheric pollution being the most acute. But the crisis of livability that the city faces isn’t just confined to this.
03.12 / 13:17
markets UPS Citi FIVE Manufacturing Parke wellness Why M&A king Blackstone is building industrial realty assets from scratch
Subscribe to enjoy similar stories. Bengaluru: Of late, one corner of Chakan, an automobile and manufacturing hub, has been seeing a burst of construction activity. On crossing the factories and manufacturing plants of some of the world’s largest automakers, including Mercedes, Volkswagen and Mahindra & Mahindra, the New MIDC Road leads to a 100-acre site.
02.12 / 16:05
markets UPS Provident Strategy wellness rights International Puravankara eyes up to ₹2,000 cr capex, PE backing to become a ‘national player’
Subscribe to enjoy similar stories. In the race to become a national brand, Puravankara Ltd, a Bengaluru-based real estate company, will set aside up to ₹2,000 crore for acquiring land in the next 12 months. The group plans to triple its land bank to about 45 million square feet from the current 15 msf of net developable area in the next three years.
02.12 / 12:15
COST awards RAI prevention guidelines RBI lifts its supervisory restrictions on Sachin Bansal-led Navi Finserv Limited
Reserve Bank of India on Monday announced decision to remove its supervisory restrictions on Sachin Bansal's Navi Finserv Limited following several rounds of interaction with the company for rectification of deficiencies. «RBI had several rounds of interaction with the company for rectification of deficiencies. Now, having satisfied itself based on company’s submissions, and in view of adoption of revamped processes, systems, and the company’s commitment to ensure adherence to the Regulatory Guidelines on an ongoing basis, especially for ensuring fairness in the loan pricing, the Reserve Bank has decided to lift the afore-mentioned restrictions placed on Navi Finserv Limited, with immediate effect,» said RBI in the statement. The central bank on October 17, 2024 had issued directions to Navi Finserv Limited, Bengaluru (and three other NBFCs), to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.
01.12 / 04:27
markets COST Citi Booking film show Pushpa 2 ticket may cost you as much as Rs 1800 in Delhi! Check ticket prices in Mumbai, Bengaluru, Hyderabad
Pushpa: The Rule, is slated for a grand theatrical release on December 5. Advance ticket bookings have already begun in cities such as Mumbai, Delhi, Bengaluru, and Chandigarh. However, they are yet to open in key markets like Hyderabad, Chennai, and Kochi. Ticket prices in Delhi reach an impressive Rs 1,800, while in Mumbai and Bengaluru, the highest prices are Rs 1,600 and Rs 1,000, respectively. As reported by the Deccan Herald, the filmmakers have secured permission from the Telangana and Andhra Pradesh governments to increase ticket prices for this action-packed spectacle. According to a leading distributor, ticket rates in the two Telugu states will be Rs 600 per person, marking the highest price ever for a Telugu film. This government-sanctioned hike is valid for four days, from Thursday, December 5, to Sunday, December 9), aiming to generate massive opening collections. Raising ticket prices for major releases has become a common trend. Movies such as Kalki 2898 AD, Salaar, and Devara received similar approvals, with rates ranging from Rs 395 to Rs 495. However, the extraordinary buzz surrounding Pushpa 2: The Rule has justified an even steeper price increase. The film is set to debut in over 800 theaters across Andhra Pradesh and Telangana, with multiple daily screenings planned to meet the surging demand.
01.12 / 04:27
markets Digital Strategy Experts Department Updates Cyclone Fengal remains stationary near Pondy, to weaken in next 3 hrs: IMD
Cyclone Fengal, which made landfall near Puducherry on November 30, remained stationary near the union territory and would gradually weaken in the next three hours, the India Meteorological Department (IMD) said on Sunday. Meanwhile, operations at the Chennai airport, which had been suspended on Sunday, resumed past midnight but many flights suffered cancellations and delays, officials said. Further, Puducherry recorded its highest rainfall of 46 cm, IMD-Regional Meteorological Centre, Additional Director General, S Balachandran, said in an update at 7.30 am on Sunday. He said Cyclone Fengal started making landfall near Puducherry around 5.30 pm on Saturday and completed the process «between 10.30 pm and 11.30 pm.»
30.11 / 13:33
markets Citi Digital Strategy BAY travelers Department Tamil Nadu: Heavy rain lashes parts of Kanchipuram city
Cyclone Fengal approaches the coastal districts of Tamil Nadu, heavy rain lashed in several regions of Kanchipuram city on Saturday. According to the Indian Meteorological Department (IMD), Cyclone Fengal is expected to make landfall close to Puducherry, along the Tamil Nadu coast later today. In view of cyclone, Multiple airlines have issued travel advisories and updates on their flight plans.
30.11 / 12:19
markets Citi Digital Waters BAY reports Department Chennai receives widespread rain ahead of cyclone Fengal's landfall
Chennai on Saturday witnessed gusty winds and rain, uprooting many trees and causing water logging in many parts of the city as the Cyclonic Storm Fengal is expected to cross the north Tamil Nadu-Puducherry coast this evening. Officials were seen clearing the uprooted trees from the roadsides. The India Meteorological Department (IMD) has reported that Cyclonic Storm Fengal is expected to cross the north Tamil Nadu-Puducherry coast between Karaikal and Mahabalipuram on Saturday evening, with wind speeds of 70-80 kmph, gusting to 90 kmph.

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