City Chennai Financial News

Indian Air Force will display its full defence prowess, especially air capability and also showcase its range of new aircraft including Rafale, in action at a breathtaking display over the Marina sky on October 6, as part of the 92nd IAF Day, Air Vice Marshal K Prem Kumar said here on Thursday. Prem Kumar, who is the Chief Coordinating Officer of IAF Day parade Chennai 2024 to be held at Marina and Tambaram, said 72 aircraft will participate in the air display over Marina, which is open to the public. «We have planned to create a unique record in the Limca Book of world records. We expect 15 lakh people for the event on October 6 from 11 am to 1 pm,» he told reporters here. There would be a full dress rehearsal on October 4 in coordination with the IAF Tambaram, he added.

Housing demand, based on online searches, reported a 12.3% sequential rise in the September quarter amid an 8.3% increase in residential prices, according to the latest PropIndex Report by Magicbricks. Drawing on preferences from more than 20 million customers on the Magicbricks platform, the report detailed that cities such as Noida with 16.9% sequential rise, Gurugram with 15.5%, and Greater Noida with 15.1% growth saw the highest increases in residential prices in the country during this period. The report also indicated that demand for 3BHK units continues to dominate, comprising half or more of total demand in most cities, except for Chennai, Navi Mumbai, and Thane, where 2BHK units remain the preferred choice.

“We want to onboard a few of these chess players in our roster. Ever since India hosted the Chess Olympiad in Chennai in 2022, there has been a massive boom in the sport,” said Rahul Trehan, chief executive of IOS Sports, which represents two-time Paris Olympics medallist Manu Bhaker, boxer Mary Kom and table tennis player Manika Batra, among others. The chess players shot to prominence after winning three team gold medals—in the open section, the women’s category and the overall section—in addition to four individual golds. The latter were won by D Gukesh, Arjun Erigaisi, Divya Deshmukh and Vantika Agrawal.

A strike at the South Korean group's plant near the city of Chennai has entered its third week, with more than 1,000 workers disrupting operations and demanding higher wages and union recognition at the plant. The minister has urged the state government to intervene for an «early and amicable» resolution, the source told Reuters.

A strike by more than 1,000 workers at a Samsung India Electronics plant has entered its third week

S B Madhavi, the first woman duffedar in the Greater Chennai Corporation (GCC), has found herself at the centre of a controversy after she was transferred from the mayor's office to the far-off Manali zone. At 50, Madhavi, who had been ceremonially engaged to accompany Chennai mayor R Priya, claims she was shunted out for wearing lipstick, disobeying a direct order not to do so, TOI has reported. The situation escalated after Madhavi received a memo on August 6 from the mayor's personal assistant, Siva Sankar, citing “dereliction of duty, not coming to work during working hours, and disobeying orders of seniors” as reasons for her transfer. In her response, Madhavi questioned the accusations and specifically addressed the issue of her lipstick.

Gambhir, wicketkeeper Rishabh Pant, and star batter Virat Kohli arrived at the team hotel in Kanpur ahead of the team's second Test against Bangladesh, beginning on Friday at the Green Park. On Tuesday, Pant, Kohli, and Gambhir were spotted outside the team hotel. Gambhir's stint as the head coach in the Test format began on a triumphant note. In his first Test match as India's head coach, the hosts cruised to a momentous 280-run victory at the MA Chidambaram Stadium in Chennai.

Nathan Lyon feels there is no room for error when bowling to Rishabh Pant, adding that the young India wicketkeeper-batter has a superabundance of talent to tame the best attack in the world. Pant will be an integral part of the Indian batting lineup during the upcoming five-Test Border-Gavaskar series beginning in Perth on November 22. The 26-year-old Pant recently returned to Test cricket after nearly 21 months following a near-fatal car crash in December 2022, and smashed a century against Bangladesh in the first Test at Chennai. «You're bowling against someone like Rishabh Pant, who is electric. He's got all the skills in the world,» Lyon, who has snared 530 Test scalps and will be expected to play a key role in the series against India, told Star Sports.

Subscribe to enjoy similar stories. New Delhi/Chennai: “After 13 years of service, I still earn ₹27,000 per month. Another worker with the same experience earns ₹36,000.

BCCI) has yet to confirm the number of players each team can retain. The uncertainty looms large, especially for Chennai Super Kings (CSK), whose retention strategy could determine if MS Dhoni continues to play in the upcoming season.

Chasing a mammoth 515 victory target, Bangladesh were all out for 234 with only skipper Najmul Hossain Shanto (82) offering some resistance with the bat. Local boy Ashwin was pick of the Indian bowlers, while Jadeja returned 3-58.

Virat Kohli had a brief but eventful innings during the second innings of the first Test between India and Bangladesh on September 20 at the MA Chidambaram Stadium in Chennai. After scoring just six runs in the first innings, Kohli entered the crease looking to regain his form. He raced to 17 runs off 37 balls, but his dismissal was overshadowed by his decision not to use the DRS despite edging a delivery. During his time at the crease, Kohli engaged in a lighthearted exchange with veteran Bangladesh all-rounder Shakib Al Hasan, who was brought into the bowling attack by captain Najmul Hossain Shanto shortly after Kohli arrived. Shakib’s unexpected strategy of bowling a series of yorkers caught everyone off guard, including Kohli himself. The two former captains shared a laugh, with Kohli playfully comparing Shakib's bowling style to that of Lasith Malinga. «Tu Malinga bana hua hai, Yorker pe Yorker de raha hai (You have become Malinga, bowling yorker after yorker),» Kohli said to Shakib in a comment that was captured on the stump-mic and immediately went viral on social media.

IND vs BAN Live Score 1st Test Day 4: Rohit Sharma led team India are just 6 wickets away from a hard-fought victory against the visitors at the MA Chidambaram Stadium in Chennai. While India are generally known to perform well on their home turf, this win will perhaps mean a little more to the skipper after the defeat they suffered in the ODI series against Sri Lanka.

quick commerce (Qcomm) ecosystem, sparked by rapid growth of hyperlocal startups, coupled with the entry of new startups, established e-commerce firms, and new-age brands racing to shorten delivery times. Several early-stage venture firms are actively evaluating investment opportunities in this burgeoning space, ET has learnt. «There are obviously some overlaps with e-commerce, and hence, some existing enabling technologies can assist quick commerce; however, quick commerce sometimes requires its own enablements,» said Kunal Bahl, cofounder of Titan Capital and AceVector Group, which runs Snapdeal and Unicommerce.

Indian Air Force (IAF) will carry out a diverse range of acrobatic manoeuvres and formations over the iconic Marina Beach in Chennai on October 6. The mega airshow will be held as part of the IAF's 92nd anniversary celebrations. IAF Day is celebrated on October 8 every year. «Towards celebrating its 92nd anniversary, the Indian Air Force is set to host an immaculate air show in the skies over Tamil Nadu, on October 6,» the IAF said. This year's event is based on the theme 'Bhartiya Vayu Sena — Saksham, Sashakt, Atmanirbhar' (potent, powerful, and self-reliant). The theme would highlight the force's unwavering commitment to safeguarding the nation's airspace.

Housing sales are estimated to decline 18% during July-September quarter across nine major cities to 1,04,393 units on high base, according to PropEquity data. Real estate data analytic firm PropEquity on Friday released the data for housing sales across nine major cities. Sales stood at 1,26,848 units in the same period last year. As per the data, the housing sales are estimated to rise only in Delhi NCR (22%) and Navi Mumbai (4%) during July-September period of this year.

NDA and opposition members, three Muslim organisations, including an RSS-linked outfit, on Friday supported the proposed amendments to the Waqf law before a parliamentary panel, sources said. When the three Muslim organisations — All India Sufi Sajjadanashin Council, RSS-linked Muslim Rashtriya Manch and NGO Bharat First — made their presentations separately before the Joint Committee on Waqf (Amendment) Bill, some opposition members sought to find flaws in their claims. Shiv Sena member in the Committee Naresh Mhaske is learnt to have told opposition members that they should be open to listening to the point of view of the other side, a suggestion that led to a brief exchange of words between the NDA and opposition. Some opposition members also wondered whether the Sufi Shah Malang sect comprising fakirs, who appeared before the Committee, formed part of the Muslim community.

real estate data analytics firm PropEquity. The NSE-listed firm said that new launches in the quarter fell to 93,693 units from 1,05,655 units in the same period last year while sales fell to 1,04,393 units from 1,26,848 units in the same period last year. PropEquity tracks housing supply and absorption data in NCR, Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.

Samsung Electronics has warned its striking workers in southern India they will not receive wages if they continue protesting and also face the risk of termination, a company email showed, escalating a dispute between the company and its employees. Hundreds of Samsung workers have since Sept. 9 disrupted work and protested in a nearby makeshift tent close to its home appliances factory near the city of Chennai. They have been demanding higher wages and recognition of a union at the plant, which contributes roughly a third of Samsung's annual India revenue of $12 billion. Samsung last week sued the protesting union in a district court, seeking a temporary injunction to restrain sloganeering and making speeches in and around the factory. But the judge on Thursday only called for a swift resolution.

Subscribe to enjoy similar stories. Edtech company Physics Wallah’s offline ambitions and listing plan have fetched it $210 million in funding, effectively valuing it at $2.8 billion, 2.5 times what it was worth two years ago. Physics Wallah attracted new investors in this round, including India-focused hedge fund Hornbill Capital and venture capital firm Lightspeed Venture Partners, the company said on 20 September.

M2P Fintech, a software services provider for banks, is in the process of closing a new funding round of around $80 million in a mix of primary and secondary deals. Africa-focused investment firm Helios Investment Partners is leading the round along with participation of Bank Muscat, said two people in the know. According to filings made with the Registrar of Companies, accessed through Tofler, Helios will invest around $50 million in the company, picking up a stake of almost 6.5%.