City Chennai Financial News

Vijayakanth had tested positive for COVID and was put on a ventilator due to breathing issues. Since November this year, the actor turned politician has been facing health issues.

ammonia gas leak incident shook Ennore, Tamil Nadu on December 26 night when residents felt a strong smell from a rupture in a sub-sea pipe of Coromandel International Limited. Five people reported feeling uneasy, and were admitted in a health facility. The rupture reportedly occurred during the pre-cooling operation of the pipeline. The leak was later plugged. The Tamil Nadu Environment and Forest Department subsequently issued a statement: «Ammonia gas leak detected in a sub-sea pipe in Ennore.

PTI. Over 25 people in residential neighborhoods such as Periya Kuppam in the vicinity of the manufacturing facility experienced unease, nausea, and faintness and they were taken to nearby hospitals, sources added.

ANI. The Supreme Court on 10 October restored alleged criminal charges against Superstar Rajinikanth's wife Latha in a matter about the Tamil film 'Kochadaiiyaan'. A bench headed by Justice AS Bopanna and MM Sundresh passed the order while hearing petitions challenging the Karnataka High Court judgment.

office space transaction in 2023, Bank of America (BofA) has leased 1.1 million sq ft office space in Chennai, one of its largest captive centres outside the US. The newly leased property at DLF Downtown, Taramani is being leased for its back office operation in India. «The property is in the fitout phase now and the company is expected to start operation from Q2 2024 for the first phase,» said two people aware of the development.

₹6,105 per sq. ft. in Q3 2022 to nearly ₹6,800 per sq.

J.Kumar Infraprojects Share Price Today: Shares of smallcap company J.Kumar Infraprojects were locked in 20 per cent upper circuit to hit its 52-week high mark of ₹593.20 apiece on the BSE, after global brokerage firm CLSA maintained its “buy" call on the stock but increased its price target by 87 per cent to ₹720 from ₹385 earlier. "With the rise in its new orders and our 11 per cent higher FY25CL EPS estimate, we also roll forward our valuation and see a rerating as the government delivers on urban capex," said the brokerage. The new target translates to an upside potential of nearly 50 per cent from the previous close.

Savills India. Bengaluru, Delhi-NCR and Mumbai are the top 3 performing cities and contributed to nearly 60% of the gross leasing activity in 2023. “Indian office market has seen an all-time high leasing in 2023, reversing the tides of subdued demand till six months ago. Mumbai and Chennai hit their peaks, as the second half of 2023 recovered strongly compared to the trailing 12 months (June 2022-June 2023). The renewed confidence of the markets bodes well for the industry as well for the economy, especially as we tread into a year of major democratic elections, in India as well as the US” said Anurag Mathur, CEO, Savills India. Mumbai saw record leasing activity at 10.1 mn sq.

Jaishankar said while speaking at an event in Chennai. He pointed out that the Overseas Citizenship of India (OCI) drive is a step towards meeting the demand, however, the debate is still alive, as reported by Hindustan Times. Dual or multiple citizenship grants an individual legal status as a citizen of two or more countries simultaneously.

Bengaluru dominated office space absorption, but Chennai surprised everyone with over 2x growth and a record 10.5 million sq ft uptake, landing it in the top 3 for the first time, according to a report by Colliers India. Additionally, Bengaluru, Chennai, and Hyderabad registered the best performance since the COVID-19 pandemic. "Indian commercial real estate and office markets will continue to witness steady interest from domestic as well as foreign-origin occupiers.

delay in the forecast on the amount of heavy rainfall that occurred last week, the Regional Meteorological Centre here said it has world-class equipment and because of warning issued huge loss of lives was prevented when cyclones like Vardah, Michaung crossed the Eastern coast. Tamil Nadu Chief Minister M K Stalin and a host of leaders from the ruling DMK had claimed that the India Meteorological Department failed to predict the accurate amount of rainfall in its forecast for the southern districts which faced 'historic' rains last week leading to severe flooding.

India Today, the incident occurred on Saturday night when Mani collapsed at his home in Chennai's Pozhichalur. He was promptly taken to the government hospital in Chrompet, where, following a thorough examination, doctors pronounced him deceased.

Indian Premier League (IPL) once again minted some fresh crorepatis out of little-known, domestic cricketers via its bidding-based auction system. It’s been a recurrent theme at the IPL auctions for many years now. Perfectly sane, brilliant minds sitting on the round tables at the auction somehow get triggered by the sight a cricketer and can’t stop themselves from continuously lifting the paddle up (if you haven’t seen the auction, that’s how bidding is done) until something, or someone, break the mysterious spell and make them stop.

Hardik Pandya missing the upcoming IPL 2024 season, sources told ET Online on Saturday that there is no official confirmation of his exclusion from the tournament. The sources said the all-rounder is training and it is too soon to say anything as there is still time for the tournament. Pandya left the recently concluded ICC ODI Men's World Cup midway due to an ankle injury and reports have suggested that he would not participate in the upcoming T20I series against Afghanistan. Pandya, 30, made a comeback to the Mumbai Indians squad recently following a two-year stint at Gujarat Titans and was named skipper of the five-time champions. In his two-season stint at Titans, Hardik scored 833 runs in 30 innings, with an average of 41.65 and strike rate of 133.49.

Shah Rukh Khan's latest cinematic venture, 'Dunki,' directed by Rajkumar Hirani, hit the silver screens on December 21, adding another feather to SRK's cap after the successes of 'Pathaan' and 'Jawan' earlier this year. The film, a collaborative effort by JIO Studios, Red Chillies Entertainment, and Rajkumar Hirani Films, features a stellar ensemble cast including Vicky Kaushal, Taapsee Pannu, Boman Irani, Vikram Kochhar, and Anil Grover.

Volkswagen India has extended its enhanced service support to affected customers in Tamil Nadu following the impact of heavy rains and flooding in the state, the company said on Saturday. The initiative, with effect from December 22, would offer service support to flood affected car owners including Roadside Assistance, special benefits on parts, labour costs and car care treatment among others.

Thoothukudi District on Saturday on its fifth day of continued Humanitarian Assistance and Disaster Relief (HADR) operations in the southern Tamil Nadu city, which was hit by heavy rain on December 18 and 19. Southern Air Command Indian Air Force posted on 'X', «On the fifth day of continued HADR operations in south Tamil Nadu, affected by landslides and floods, IAF MI-17 V5 and ALH-Dhruv air dropped over 11 tons of relief materials in 12 different places in Thoothkudi District. This aggregates to airdrop of 59 tons of relief material.» Srivaikuntam dam was overflowing in Thoothukudi district due to rainfall in the catchment areas of the ThamirabarRiver on Saturday. Meanwhile, Tamil Nadu Chief Secretary Shiv Das Meena inspected rain and flood-affected areas in the Antoniapuram area of Thoothukudi district on Saturday.

Hardik Pandya who recently replaced Rohit Sharma as Mumbai Indians' new captain is likely to give the upcoming Indian Premier League (IPL 2024) a miss due to an ankle injury. Pandya left the recently concluded ICC ODI Men's World Cup midway due to an ankle injury and reports suggested that he would not participate in the upcoming T20I series against Afghanistan. News reports now suggest that he is also likely to not participate in IPL 2024. Pandya, 30, made a comeback to the Mumbai Indians squad recently following a two-year stint at Gujarat Titans and was named skipper of the five-time champions.

Tamil Nadu government's claim of a delay in issuing warning over rainfall in the state by IMD, Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday said the Regional Meteorological Centre (RMC) in Chennai is a state-of-the-art facility and it had forecast heavy rains in the southern state well in advance. She said this in response to the charge by Chief Minister M K Stalin that India Meteorological Department (IMD) had failed to issue timely warnings about the extreme rainfall that battered Tuticorin, Kanyakumari, Tirunelveli, and Tenkasi districts. Attacking the DMK government, Sitharaman sought to know what kind of measures it took when the weather office predicted heavy rainfall.

Residential sales in the first nine months of 2023 reached 196,227 units, which is 91% of the total sales in 2022. Interestingly, residential sales broke all records with average quarterly sales of over 65,000 units till the third quarter of 2023.

₹30 crore on its first day for all languages, according to Sacnilk, the website tracking movie earnings daily. The movie has made a good start and is likely to pick momentum with the beginning of the holiday season. However, the movie failed to recreate the impact of SRK's Pathaan and Jawan, released earlier in 2023.