City Chennai Financial News

₹19,850 crore in Tamil Nadu. PM Modi will visit Tamil Nadu, Lakshadweep and Kerala over two days, on January 2 and 3. "Over the next two days, I will be attending various programmes in Tamil Nadu, Lakshadweep and Kerala.

Eicher Motors has been served demand notices of over Rs 130 crore from three different authorities over issues related to GST, according to a regulatory filing by the company. The company has received a demand order for an aggregate amount of Rs 129.79 crore, including a penalty of Rs 11.8 crore and applicable interest from the office of the Principal Commissioner of CGST and Central Excise, Chennai, Eicher Motors said in a regulatory filing.

Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year's 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 compared to 1,48,300 units in the previous year. In December 2023, Hyundai Motor India achieved total sales of 56,450 units, comprising 42,750 units in domestic sales and 13,700 units in exports. «HMIL has not just kept pace but surpassed industry growth (estimated at around 8.2%), a testament to customers choosing brand Hyundai as their preferred mobility brand,» said Tarun Garg, Chief Operating Officer, Hyundai Motor India. «Also, in 2023, we proactively expanded our annual production capacity by 50,000 units to meet the increasing demand from our customers.» The automaker presently operates from 1,366 sales points and 1,548 service points across India. The model line-up consists of 13 car models across segments: Grand i10 NIOS, i20, i20 N-Line, AURA, EXTER, VENUE, VENUE N-Line, VERNA, CRETA, ALCAZAR, TUCSON, KONA Electric and all-electric SUV IONIQ 5. Its fully integrated, state-of-the-art manufacturing plant near Chennai boasts advanced production, quality, and testing capabilities.

₹13.83 crore tax demand, with a ₹1.38 crore penalty from the Deputy Commissioner of State Tax, Chennai, Tamil Nadu. "An order passed under relevant provisions of the Central Goods and Services Tax Act, 2017 and the corresponding provisions... demanding additional tax on outward supplies, disallowance on account of account of Input Tax Credit (ITC) mismatch between the purchases reported by the supplier in GT return and credit claimed by the company....," Asian Paints said.

₹0.50 to ₹4.50 per cylinder. The Petroleum and Natural Gas Regulatory Board (PNGRB) may recommend a specific allocation of natural gas used for cooking, two people aware of the matter told Mint earlier in December, 2023. City gas distributors (CGD) supply both compressed natural gas (CNG) for transportation and piped natural gas (PNG) for cooking.

New Year 2024: Delhi, Bengaluru, Lucknow, other cities step up security, impose restrictions | Details here Revelers counted down to midnight on New Year's Eve across the globe on Sunday as fireworks and festive lights offered a hopeful start to 2024 for billions of people. Happy New Year 2024 to you all Several people across the country greeted the new year with prayers. A large number of people from different faiths gathered at their religious places of worship to welcome the new year amid prayers and celebrations.

ANI. A large number of devotees visited Sabarimala Sree Dharma Sastha Temple in Pathanamthitta on the last day of the year. In Maharashtra's Shirdi Sai Baba Temple in Shirdi, devotees flocked in large numbers to offer their prayers on the last day of the year.

ISRO is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday. The launch comes after the success of its Gaganyaan Test Vehicle D1 mission in October. The PSLV-C58 rocket, in its 60th mission, would carry primary payload XPoSat and 10 other satellites to be deployed in low earth orbits.

New Year's Eve with a festive display, adding a touch of sparkle and brightness to kickstart the new year on a positive note. As the countdown to midnight progresses, individuals worldwide are gearing up to set their New Year's resolutions.

If this is a melee, it's a slow and civilised one, everyone filing into the hall in a laidback, southy sort of way, no shoving or pushing, no one screaming, 'Oye, Bunty, iddhar ajja, seat-tan aithhey haiggi!' The stage's decor is a contrast to the crowd's behaviour, a veritable brawl of sponsor logos and shiny hangings. Above the open curtains stretches the hall's name in large black letters, and there are photos of holy men and gurus hanging high.

Republic Day, which falls on Friday this year, is the only national holiday when banks will be closed for long weekend as it is followed by fourth Saturday and Sunday. List of long weekends in 2024: Plan your holiday trips now to save money in the new year Here is a look at bank holidays in January 2024 across states: January 1 (Monday) New Year’s Day- Banks are closed in Mizoram, Tamil Nadu, Sikkim, Arunachal Pradesh, Manipur, Nagaland, and Meghalaya these states will be closed on January 1 on the occasion of New Year’s Day. January 2 ( Tuesday) New Year’s Celebration: Banks will be closed in Mizoram. January 11 (Thursday), Missionary Day: Banks closed in Mizoram. January 15 (Monday); Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu- Banks closed in Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, Assam. January 16 (Tuesday); Thiruvalluvar Day- Banks closed Tamil Nadu. January 17 (Wednesday)- Uzhavar Thirunal/Sri Guru Gobind Singh Ji Birthday- Chandigarh and Tamil Nadu, January 22 (Monday)- Imoinu Iratpa- Banks are closed in Manipur. January 23 (Tuesday)- Gaan-Ngai- Banks are closed in Manipur. January 25 (Thursday)- Thai Poosam/Birthday of Md. Hazarat Ali- Tamil Nadu, Maharashtra, Uttar Pradesh. January 26 (Friday)- Banks are not closed in Tripura, Uttarakhand, Bengal.

India’s real estate sector has been an essential contributor to the country’s economic development, especially in a year marked by resilience and growth. The sector has demonstrated sustained growth and adaptability, highlighting its crucial role in steering India’s economic progress towards prosperity and innovation. The commercial realty market, which includes office spaces and retail developments, showed significant growth trends throughout the year. The commercial realty sector is expected to continue growing in office leasing, supported by India-facing businesses and Global Capability Centers (GCC).

ANI. As per another traffic advisory that was also issued on Friday certain traffic regulations would be implemented from 6 pm of December 31 until 6 am of January 1. The advisory mentions that specific routes will remain closed for traffic include NS Road North Bound, Adam Street, P Ramchandani Marg, KS Dhariya Chowk, Madamcama Road, Barrister Rajni Patel Marg and Vinay K Shah Marg.

set the Internet on fire earlier in October. “You should go to Pakistan once for the food," MSD tells that man who’s not seen in the video. The former Indian crickets is standing at a place that looks like the reception.

economics student from the Class of 2024 at Delhi University's Lady Shri Ram College for Women (LSR) has landed a job with an annual salary of ₹48.9 lakh offered by a global bank for a domestic role. That's a record for the college, and possibly the university, coming as it does amid a market slump and macroeconomic headwinds. At LSR, it's up from last year's high of ₹44 lakh. «The banking firm does not wish to be named,» said Kanika K Ahuja, professor, department of psychology, and convenor of the placement cell at Lady Shri Ram College for Women.

Thalapathy Vijay, who attended the funeral of actor-politician Vijayakanth, was attacked with a slipper. The ‘Leo’ star, who showed up at Vijayakanth’s funeral, to pay last respects to the ‘Captain’ of Kollywood, was attacked by a slipper as he made his way to his car. In a video that is now doing the rounds on X (formerly known as Twitter), the superstar could be seen making his way through the mob to interact with the family of Vijayakanth and pay his last respects.

Gifted 2023' report. With a spotlight on roses, cakes, and emerging trends, the report provides insights into the evolving landscape of gifting in the digital age.

Maruti Suzuki, Hyundai and Honda are ‘most-trusted’ brands among used car buyers While grey, and red were the preferred colours among Spinny buyers. The data also revealed that Bengaluru, Delhi-NCR, and Hyderabad were the cities with the highest demand for used cars in 2023.

Dunki has experienced a mix of ebb and flow in its Box Office collections. Kicking off with a robust start, Dunki raked in ₹29.2 crore on its opening day, a Thursday. Despite a dip on the following day, the film bounced back over the weekend, with collections peaking at ₹30.7 crore on Sunday.

Ambati Tirupati Rayudu joined the YSR Congress Party in the presence of Chief Minister Shri YS Jagan at the CM Camp office. Deputy CM Narayana Swamy and MP Peddireddy Mithun Reddy participated in this program," the party wrote on X. Ambati Rayudu, who played for MS Dhoni-led Chennai Super Kings (CSK) in the Indian Premier League (IPL) announced his retirement after the franchise won the trophy in 2023.

Among the top seven areas, Hyderabad saw the highest increase of 42% in the average price of premium homes in the five-year period. The price rose from Rs 7,450 per sq ft in 2018 to Rs 10,580 per sq ft during the first half of 2023. Bengaluru and MMR recorded the second-highest average price hike in this segment at around 27% each. In Bengaluru, the average price of a luxury home stood at Rs 10,210 per sq ft in 2018. Since then, the average price rose to Rs 12,970 per sq ft. In MMR, the average price in the luxury segment was Rs 23,119 per sq ft in 2018. It jumped to Rs 29,260 per sq ft at the end of the first six months of 2023.