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04.10 / 16:31
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Swiggy launches new service Bolt to deliver food in 10-15 minutes
Swiggy has rolled out a 10-minute food delivery service Bolt, the company said Under Bolt, Swiggy is offering deliveries of a limited set of items from select restaurants that will be delivered within 10 to 15 minutes. «Ten years ago, Swiggy revolutionised food delivery by cutting average wait times to 30 minutes. Now, we’re reducing that wait even further for frequently ordered items like coffee, burgers, ice cream, and biryani, partnering with trusted restaurants to deliver the best food in just 10 minutes,» Rohit Kapoor, CEO, Swiggy Food Marketplace, said in a statement.
04.10 / 13:19
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Prime Securities Forays into Wealth Management
Mumbai, Thursday, October 4, 2024: Prime Securities Ltd. (PSL https://primesec.com/ ), a SEBI registered Category-I Merchant Banker, is expanding its reach within the financial services sector by entering the wealth management business through its wholly-owned subsidiary,Prime Trigen Wealth Ltd. (PTWL). This strategic move aims to tap into new growth opportunities with significant scalability potential.
03.10 / 19:53
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Paradox Museum plans experiential centres in more Indian cities
Paradox Museum, an Athens-based interactive entertainment company, plans to invest €5 to 10 million in opening experiential centres in four to five locations across India over the next four to five years, according to a top company executive. Satish Yadav, managing director of Paradox Museum India, said each location will require an investment of €1 to 2 million. The museum offers an immersive experience through optical illusions, featuring 55 paradox-themed exhibits and 15 immersive rooms.
03.10 / 18:53
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Cabinet allocates Rs 1 lakh crore to boost farm productivity
PM-RKVY) and Krishonnati Yojana-to improve farmers' income and food security, allocating ₹1,01,321 crore. It has also approved the National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds) to make India self-reliant in oilseed production, allocating Rs 10,103 crore. Under PM-RKVY, the focus will be on enhancing farm productivity through various measures such as soil health and fertility, rained area development, per drop more crop, crop diversification and agricultural mechanisation, said union minister Ashwini Vaishnaw.
03.10 / 17:01
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Traffic
Bengaluru paying Rs 20,000 crore in lost productivity due to congestion on roads, says IT Minister Priyank Kharge
Priyank Kharge on Thursday said Bengaluru was suffering an annual loss of Rs 20,000 crore because of congestion on roads. «But this is consistent across all urban cities worldwide,» the minister said after launching traffic quality index (TQI), a dashboard developed by employee commute platform MoveInSync. The index will provide an indicative score of the traffic problem in an area or in a city, the Bengaluru-based startup said. Traffic congenstion, he added, was a global issue especially in rapidly growing cities where this phenomena was cosistent. «Cognestion is not only about slow movingtraffic, but it can have serious economic and and development impact,» Kharge explained, adding that the initative is commendable bringing all stakeholder together. Currently up and running in Bengaluru, Mumbai, NCR, Hyderabad, and Chennai, the TQI is built on 15 years of data that uses artificial intelligence (AI) to enhance decongestion efforts and make commuting safer to unlock the further growth potential of businesses and livability in a region, the company said in a statement.
03.10 / 16:43
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Cabinet approves Rs 63,246 crore Chennai metro Phase II; Bonus and rewads for Railway, port workers ahead of festive season
Union Cabinet approved the second phase of the Chennai Metro Rail Project at a financial outlay of Rs 63,246 crore Thursday. There will be three corridors in this phase spanning 118.9 kilometres (kms) covering 128 stations, an official statement said. The Cabinet also approved Productivity Linked Bonus (PLB) worth Rs 2028.57 crore for 78 days to 11.72 crore railway employees. In addition to these, a modified Productivity Linked Reward (PLR) Scheme for the major ports and dock labour board employees got the cabinet nod. “Chennai’s population is expected to reach 1.8 crore (from 1.2 crore in 2026) by 2048, so it is very important to create infrastructure for this city,” Union Minister for Railways, Information Broadcasting, and Information Technology, Ashwini Vaishnaw told journalists after the Cabinet meeting. The approved metro corridors will connect North to South and East to the West of Chennai. Once Phase-II is fully operational, Chennai city will have a metro rail network of 173 kms, the statement said.
02.10 / 05:41
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PM Modi wishes Rajinikanth speedy recovery
Narendra Modi on Wednesday enquired about Tamil superstar Rajinikanth's health with his wife Latha over phone and conveyed his wishes for the actor's speedy recovery. In a post on X, Tamil Nadu BJP chief K Annamalai said, PM Modi spoke to Latha Rajinikanth today to inquire about the health of Rajinikanth. «The PM was informed about the well-being of Thiru Rajinikanth post-surgery & PM wished him a speedy recovery.» The 73-year-old actor is currently hospitalised following a non-surgical procedure for an issue in the main blood vessel of his heart, at a private hospital in Chennai.
02.10 / 01:51
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Titan’s Helios to launch exclusive luxury watch stores as demand surges
Subscribe to enjoy similar stories. Helios—The Watch Store, a multi-brand retailer of premium watches owned by Titan Co. Ltd, plans to launch exclusive outlets for luxury timepieces to cater to demand in the world’s fastest-growing market.
01.10 / 10:47
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An easy ‘sundal’ recipe for Navratri
Subscribe to enjoy similar stories. Vidhya Ramachandran, a Chennai home-maker, is busy prepping for Navratri, when golu (figurines and dolls) are displayed in a step arrangement, depicting scenes from mythology, culture and daily life. She is also planning the daily naivedyam (offering), of which sundal is a staple.
01.10 / 07:39
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India vs Bangladesh Live Score, 2nd Test Day 5: BAN all out 146, IND need 95 runs to win
India vs Bangladesh Live Score Updates, 2nd Test Day 5: Rohit Sharma's India are heading for an upset victory in Kanpur after almost three days of play were washed out by rain. The Men in Blue batted aggressively on day three, declaring on 285-9 in just 34 overs, a lead of 52 runs.In their second innings, Bangladesh lost 2 wickets on the evening of Day 4 and failed to regain their momentum on Day 5 as Indian spinners Ravichandran Ashwin and Ravindra Jadeja laid a trap for them.
01.10 / 02:19
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New drone PLI to focus on R&D, manufacturing, may leave out testing
Subscribe to enjoy similar stories. New Delhi: The government is likely to allow sops for research & development and manufacturing under a new productivity-linked incentive policy for drones that is being discussed within the government, two people told Mint. The original proposal was to provide incentives for testing, R&D and manufacturing.
30.09 / 14:35
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Being a class one supplier allows us to get govt orders: TVS Electronics EMS CBO
TVS Electronics' Electronics Manufacturing Services (EMS) facility in Tumakuru, Karnataka that became operational ten months ago has been classified as a class one supplier of electronic components that allows them to get orders from the government and its agencies. Sathya Doraisamy, chief business officer of EMS at the company told ET, “We have been classified as a class one supplier. If you are a class one manufacturer, this means we will be able to get more orders from the government and other agencies.” The Chennai-headquartered company's facility in Tumakuru has an advanced Surface Mount Technology (SMT) line and offers solutions like printed circuit board (PCB) assembly, product testing, box building, and supply chain management.
30.09 / 11:27
30.09 / 00:47
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Tier-II SaaS 'mafia' flips the script to shift action to the hinterlands
Freshworks and Zoho «mafia» that led to several employees of these companies branching out to start their own firms — some of which have become extremely successful. Chennai's success in SaaS is known but there's a silent movement happening across the smaller cities across the country that can be dubbed the early makings of a 'tier II mafia,' industry watchers said. SaaS startups like Responsive in Coimbatore, Supersourcing in Indore, Appointy in Bhopal, DreamCast in Jaipur, Dhiwise in Surat or CallHippo in Ahmedabad — these are all examples of companies that are slowly scaling and becoming the anchor companies in these regions. «There are SaaS startups that are maturing and reaching a certain scale and size in a number of emerging cities,» Avinash Raghava, CEO of the industry collective SaaSBoomi told ET. «This is happening across the board where there are anchor companies emerging that are having their employees leave to start their own SaaS firms. It is still in the nascent stage but we are seeing it happen increasingly now wherein I believe the next Freshworks or Zoho will not come from Chennai or Bangalore but will be from one of these emerging cities.”
29.09 / 12:29
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Why texpreneurs are unable to capitalize on the shift from China & Bangladesh
Subscribe to enjoy similar stories. Coimbatore/Tiruppur/Erode: It was a call that made perfect sense. In November 2010, Narendra Modi, then the chief minister of Gujarat, visited Chennai and called on Tamil Nadu’s textile entrepreneurs to set up spinning units in his state.
28.09 / 18:39
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Vodafone Idea seals Rs 13,500 crore equipment deal with Nokia
Vodafone Idea (Vi) has inked a near ₹13,500-crore deal with Finland's Nokia to buy equipment over a three-year span for its 4G network expansion and 5G roll out. Multiple persons privy to the deal details said Nokia will supply 4G and 5G network equipment to Vi in nine circles. The Finnish gear maker will supply Vi its 5G AirScale network gear portfolio and also upgrade the telco's existing 4G network with multiband radios and baseband equipment, which can also support 5G. The deal is part of Vi's recently announced plans to buy $3.6 billion (read: ₹30,000 crore) of 4G and 5G gear from Nokia, Ericsson and Samsung over a three-year span to bolster its 4G operation and roll out 5G networks in key cities across its 17 priority circles. The move was seen as a significant step from Vi to improve its competitiveness in the market against bigger adversaries Reliance Jio and Bharti Airtel and also stem customer losses.
28.09 / 11:07
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CSK fans have a special message from Dwayne Bravo as he joins KKR as a mentor
Chennai Super Kings (CSK) management for the love and support during his tenure as franchise's bowling coach as he joined Indian Premier League (IPL) 2024 champions Kolkata Knight Riders (KKR). Kolkata Knight Riders announced former West Indies all-rounder Bravo as the franchise's new mentor, succeeding Gautam Gambhir, ahead of the Indian Premier League (IPL) 2025. A day prior to the announcement, Bravo, who is going to turn 41 next month, retired from all forms of cricket after sustaining a groin injury in the Caribbean Premier League. Bravo retired from international cricket in 2021 and decided to end his time in the Indian Premier League last year. In the past year, Bravo shifted his focus to coaching roles, featuring for the Chennai Super Kings (CSK) and Afghanistan.
28.09 / 07:29
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TVS Emerald Acquires Land parcels in Bengaluru and Chennai
TVS Emerald), a fully owned subsidiary of TVS Holdings, has acquired two land parcels across —North Bengaluru and Chennai in a deal valued with a combined revenue potential of Rs 900 crore. The company has acquired a 4-acre land parcel in Thanisandra, North Bengaluru, with a tentative saleable area of half a million sq. ft., and a potential booking value of Rs 600 Crore. Simultaneously, TVS Emerald has also secured a 4-acre land parcel in Padur, Chennai, with a booking value potential of Rs 300 Crore, further expanding its footprint in both cities. These acquisitions reflect TVS Emerald’s strategic growth in high-demand residential markets. Thanisandra, a rapidly growing suburb in North Bengaluru, boasts excellent connectivity to Kempegowda International Airport, NH44 and Outer Ring Road, making it a prime location for homebuyers. Meanwhile, the Padur acquisition strengthens the brand’s presence in Chennai, where TVS Emerald continues to invest in premium residential projects.
28.09 / 07:29
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Tamil Nadu CM Stalin lays foundation stone for Tata Motors' Rs 9,000 cr manufacturing plant in state
Tamil Nadu Chief Minister M K Stalin on Saturday laid the foundation stone for a new manufacturing facility of auto major Tata Motors here entailing investment of Rs 9,000 crore. The ground breaking ceremony was held at Panapakkam in this district, about 115 km from Chennai. The facility is expected to generate 5,000 new jobs. Besides the CM, senior DMK Ministers Durai Murugan, TRB Rajaa, Chief Secretary N Muruganandam, along with Tata Sons Ltd Chairman N Chandrasekaran participated in the ground breaking ceremony.
28.09 / 03:51
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Citi
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Department
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Rain lashes Thoothukudi; heavy rainfall likely in Tamil Nadu today
Thoothukudi on Saturday morning. The India Meteorological Department (IMD) has predicted heavy rainfall in Tamil Nadu, neighbouring Pondicherry, and Kerala on September 29. Several other states including Uttar Pradesh, Madhya Pradesh, Sikkim, Maharashtra, and Andhra Pradesh also received heavy rainfall from 8:30 a.m. on September 27 to 5:30 a.m today, as per the IMD. On September 26, heavy rain lashed the state's capital, Chennai, and left several parts of the city waterlogged. The rain in the city started after 6 pm and continued late into the night. Power outages and traffic snarls were reported from several parts of the city. According to the officials, from yesterday 8.30 am to today 5.30 am, Nungambakkam received 7.42 cm of rainfall and Menambakkam received 7.12 cm of rainfall.
28.09 / 02:23
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Southern
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Features
India is the next great cheese frontier
Subscribe to enjoy similar stories. I was in my early teens in the early 1990s when I began pestering my mother for a treat that everyone in America, from President Clinton to Spider-Man, seemed to eat pretty much daily. Living in Bombay (now Mumbai), my understanding of American mores came almost entirely from comic books and news reports, but I could be persuasive.
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