City Chennai Financial News

K Armstrong, Tamil Nadu Bharatiya Janata Party (BJP) President K Annamalai stated on Saturday that the safety of common citizens is not assured under the DMK rule. «Yesterday, a party leader was hacked to death. There is no guarantee for a common man's life in this DMK-led state government,» Annamalai said at the BJP's state executive committee meeting. The Tamil Nadu Chief of the Bahujan Samaj Party (BSP) was hacked to death by a mob of unidentified men near his residence in Perambur, Chennai.

Chennai Police on Saturday said that they have secured eight suspects so far in connection with the murder of Tamil Nadu BSP president Armstrong. Armstrong was hacked to death by an unidentified mob of 6 people near his residence in Perambur, Chennai on Friday evening. Additional Commissioner of Police (Law and Order), North Chennai, Asra Garg said, «In the murder case, we have secured 8 suspects so far. This is a preliminary investigation...Ten teams have been formed by us. We are on the job to bring the offenders to light. After the interrogation of these suspects, we will be able to find the motive behind the murder...Some sharp weapons have been used...»

these pages that flash floods have long been a feature of life on the Indo-Gangetic floodplains. Archival sources on south Bihar dating back to the 1860s, when India was primarily an agricultural economy, showed that sudden floods during the rainy season were the norm, as the Gangetic riverine network overflowed its banks. These floods, however, receded within days, causing little damage and leaving a layer of fine silt that replenished the soil and enhanced farm productivity.

consumer behaviour, presenting a wealth of opportunities for investors. Consider the automotive industry: 60% of car registrations in India in FY24 have been SUVs, highlighting a preference for higher-end vehicles offering status and comfort. In the two-wheeler segment, growth is driven by demand for power bikes Similarly, metropolitan real estate markets, particularly in Mumbai, NCR, Bangalore, and Chennai show a rise in demand for luxury properties India's luxury housing market is thriving, as it recorded a 10 per cent year-on-year (Y-o-Y) growth in sales during the first quarter (Q1) of 2024.

4G services under the phase IX.2 project, in Chennai, Tiruvallur Kancheepuram, and Chengalpattu districts, shortly. The company under the Phase IX.2 project would install 2,114 4G towers for which the work is under progress in the four districts. In an official release, the telecom major said it has launched 4G services in various places in Tiruvallur district today. This significant step under the 4G Saturation project utilizes cutting-edge technology developed under the 'Make in India' initiative.

MS Dhoni, who led Team India to three major ICC trophies, turned 43 on Sunday. Dhoni needs no introduction in the world of cricket and is famous for his calm and stunning captaincy skills on the field in his international and IPL days. On August 15, 2020, Dhoni announced his retirement from all forms of cricket, bringing down the curtains on an illustrious career. Under Dhoni's leadership, India bagged the top prize in all formats. Under his captaincy, India lead in the Test ranking for 18 months starting December 2009. The side went on to win the 50-over World Cup in 2011, and the T20 world title on his captaincy debut in 2007.

Gurugram, July 03, 2024: As the awareness and demand for term insurance gains momentum, Policybazaar has observed a steadily growing preference among High-Net-Worth Individuals (HNIs) for high-value insurance coverage. This shift is visible through an increasing number of HNIs opting for high-value policies of ₹20 Crore over the last few years.

Maya Neelakantan from Chennai has captured the hearts of people worldwide after her spectacular audition on 'America's Got Talent,' goes viral for her unique blend of rock classics infused with Indian influences. She stunned the audience with her rendition of Papa Roach’s “Last Resort,” skillfully weaving Carnatic elements into the rock anthem. Clad in traditional attire—a Ghagra skirt and a dazzling bindi—she stood out among her fellow rock musicians during the audition. All four judges—Simon Cowell, Sofia Vergara, Heidi Klum, and Howie Mandel—were thoroughly impressed, giving Maya a standing ovation after her 100-second performance. Simon Cowell, known for his candid remarks, described Maya's transformation from a shy 10-year-old to a «rock goddess» on stage, reminiscing about his own guitar-learning journey.

AstraZeneca India Private Limited (AZIPL), the global capability centre (GCC) of British-Swedish drugmaker AstraZeneca, announced an investment of Rs 250 crore ($30 million) to expand its Global Innovation and Technology Centre (GITC) in Chennai. The expansion includes adding close to 1,300 job roles focused on driving innovation, enhancing efficiency, and streamlining operations across the company globally. The facility currently occupies 334,000 square feet of office space at Ramanujan IT City, with plans to add approximately 180,000 square feet over the next six months to accommodate this expansion, creating AstraZeneca’s biggest global capability centre.

2024 India Office Occupier Survey conducted by property consultancy CBRE India, occupiers want to move to high-quality office buildings to attract and retain top talent and enhance employee experience. In 2023, 46% of office leasing took place in buildings less than three years old; 57% relocated to buildings constructed post 2020; and 30% of occupiers wanted to expand flexible office usage, as per the survey. “There is a change in mindset.

Mint’s requests for a comment, Lal Sweets’ managing director Prateek Athwani declined to comment on the developments. Founded by Athwani, the Bengaluru-based company has exposure across general trade, modern trade, online marketplace, exclusive airport outlets and the export market. Lal Sweets is known for its ‘signature products’ such as Mysore Pak, Besan Laddoo, Kaju Katli and Dharwad Peda, as per the company’s official website.

‘Minor Detail’: A group show interprets the meaning of home She goes on to describe how Paniker’s pedagogy opened avenues for technical and creative explorations that became a hallmark of the school, contributing towards the development of the art movement in Madras (now Chennai). Though the movement was named after the city, its fabric was determined by artists coming in from the four southern states—Tamil Nadu, Kerala, Andhra Pradesh and Karnataka that made up the erstwhile Madras Presidency—thus bringing in different approaches and visual vocabularies.

cricket fans lamented, one person was happy that Abhishek got dismissed for zero. It was Yuvraj Singh.Yuvi has played a major role in Abhishek’s young career and always backed him even during his hard times. Soon after Abhishek was awarded the Player of the Match for his blistering hundred, he made a video call to his mentor."Very proud! Well done, very proud.

BSP) Tamil Nadu president Armstrong was hacked to death by an unidentified mob of six people near his residence in Perambur, Chennai on Friday evening, the officials said. Meanwhile, the Chennai police said that the search for the accused is underway. «The incident took place in Sembium police jurisdiction,» it added.

IIT-Madras, Archan Bhattacharya, from Sonarpur near Kolkata, was arrested on Saturday for allegedly stabbing and grievously injuring a neighbour of a family friend, along with the neighbour's wife and son. The attack was reportedly in retaliation for the killing of a stray dog, according to Monotosh Chakraborty in a TOI report. Archan, who travelled from Chennai, has been charged with multiple offences, including attempted murder. The injured family members are receiving treatment at MR Bangur Hospital in Kolkata. Investigators revealed that the dispute arose between the families of Gobindo Adhikari and Subhash Debnath, who have been long-time neighbours in the Chouhati area of Sonarpur. The conflict centred around the Debnath family's practice of feeding stray dogs, which the Adhikari family claimed led to the animals entering their house. In May, the Adhikaris allegedly beat one of the stray dogs, which succumbed to its injuries a few days later.

regional labour commissioner, Chennai, in its submission to the central labour ministry on Wednesday, said there is no evidence supporting claims of discrimination against married women in the recruitment and employment processes at the Foxconn’s Chennai iPhone factory. The ministry, however, is awaiting the response from the state government following which it will firm up its observations on the matter for submission to the National Human Rights Commission. “After reviewing the submissions, records, and statements from married female employees, the report concluded that there is no evidence supporting claims of discrimination against married women in the recruitment and employment processes at the Foxconn Chennai iPhone factory,” the regional labour commissioner said in its submission.

Bahujan Samaj Party (BSP) were detained by Chennai Police on Saturday for staging a protest on the main road outside the hospital where the body of slain BSP leader K Armstrong was brought for an autopsy. The protest which saw BSP supporters sitting on the road resulted in a huge traffic pileup. Armstrong, the Tamil Nadu BSP Chief, Armstrong was hacked to death by a group of unidentified men near his residence in Perambur, Chennai. Earlier today, the protestors gathered outside the Rajiv Gandhi Government Hospital mortuary are raised slogans demanding an inquiry by the Central Bureau of Investigation (CBI) and the resignation of Tamil Nadu Chief Minister MK Stalin.

Enforcement Directorate on Monday informed a sessions court here that with an ulterior motive to stall the trial proceedings in a money laundering case, former Tamil Nadu Minister V Senthil Balaji was constantly filing petitions and thereby causing a delay in commencement of trial. Karthik Dasari, Deputy Director, Chennai Zonal Office, Directorate of Enforcement, stated this in his counter affidavit filed before Principal Sessions Judge S Alli, in response to the petitions filed by Balaji. In a petition, Balaji sought to defer the present proceedings and adjourn the case to a later date. In another two petitions, he sought to furnish the missing documents in «Relied Upon Document Nos-16 and 17»-copies of counterfoil challans relating to his account which were collected by the ED in its investigation, to him. In his counter affidavit, Dasari submitted that the petitioner/accused had already filed a petition to defer the trial proceedings and this court had dismissed the same. Challenging this order, the petitioner had preferred an appeal and it was pending before the Madras high court.

July financial deadlines and rules change: In the month of July, there are several financial deadlines and changes in rules, which will come into effect. Besides, there is one key economic event – Union Budget, which is likely to be presented on July 23 or 24 in the second leg of the Monsoon Session of parliament.

Ravindra Jadeja who announced his retirement from T20 Internationals on Sunday.

Port Blair to being at the helm of building rockets to put satellites in orbit, it has been a formidable learning curve for Saraniya Periaswamy, a young engineer at the Chennai-based space start-up Agnikul Cosmos. The 30-year-old Saraniya is in charge of development of the 3-D printed launch vehicle — Agnibaan Sub-Orbital Technology Demonstrator (SOrTeD) — that had its first flight on May 30, overcoming a series of challenges over more than a two-month period.