City Chennai Financial News

student visa season, the US Embassy and Consulates in India granted a record-high number of student visas. In India, consular staff granted 95,269 visas in the F, M, and J categories.

(ISRO) and project director of lunar mission Chandrayaan-3, has donated away ₹25 lakh – an amount equivalent to his two years' salary – received as prize money. "My conscience was not permitting me to take this large amount of award money, hence donation was the best option," NDTV quoted Veeramuthuvel as saying. The amount was awarded to him by the Tamil Nadu government, as a mark of appreciation for his efforts in the successful landing of the rover on the Moon's surface.

Brigade Group reported a significant jump in net profit and sales for the second quarter of FY24, with all business segments seeing high growth. The company’s reported total revenue of Rs 1,408 crore, a 54% jump in the second quarter of FY24 as compared to the same period last year, while the net profit more than double at Rs 134 crore in Q2 FY24. The company’s new bookings in the real estate segment in Q2 FY 24 is 1.67 mn sft valued at Ra 1,249 crore. The collections for Q2 FY24 stood at Rs 1,439 crore, an increase of 15%. «All business verticals contributed significantly to the growth of the company in Q2 of FY24.

border security force also shared a video of the operation in a post on X, formerly known as Twitter. "In a strategic & commendable move to combat trans-border crime, alert troops of 6 Bn @BSFNBFTR successfully carried out a unique operation using a night vision drone camera & manage to rescue 03 cattle from the grasp of smugglers on Indo-Bangladesh border," the BSF's post on X read.

Modi Stadium Ahmedabad. South Africa vs Afghanistan Ahmedabad ODI is a day-night match and will start at 2 PM. It would be the 9th match of both the teams in the ICC ODI World Cup 2023.

Royal Philips, the Dutch health technology company on Thursday announced the launch of its new innovation campus in Yelahanka, Bengaluru. The 650,000 square feet campus will accommodate over 5,000 professionals working on innovative health technologies aimed at improving patient experiences, achieving better health outcomes, improving staff experiences, and lowering the cost of care. With approximately 9,000 employees across India, Phillips has established a strong presence in the country with Healthcare Innovation Center in Pune, Global Business Services in Chennai, and commercial teams in Gurgaon. The new center in Bengaluru not only signifies a landmark in Philips' global footprint but will also play a pivotal role in revolutionizing the healthcare landscape in India and beyond, the company said. “This new campus is a testimony of our commitment to further building our capabilities in India and leveraging the same for customers globally,” Roy Jakobs, CEO Royal Philips. “In India, we not only want to speed up access to care but also locally develop and contribute to solutions for the rest of the world,” Jakobs added. Philips is trying to leverage India's deep-rooted expertise in healthcare innovation and informatics.

Vande Bharat trains next year. As per a TOI report by Smriti Jain, the railways is also taking steps to enhance passenger safety by introducing «anti-injury» fittings in its coaches. The TOI report quoting, BG Malya, General Manager of Integral Coach Factory (ICF) Chennai said that ICF is targeting about 500 to 550 Vande Bharat trains for the next year.

₹24,600 per month by 2022-end to ₹28,500 per month by September-end 2023. At Sarjapur Road, average monthly rents increased from ₹24,000 per month in 2022-end to ₹30,500 per month in September 2023". Also read: Tax implications for non-residents selling ancestral property in India Besides Bengaluru, housing rents have soared in other metropolitan cities including Hyderabad, Pune, Delhi and Mumbai.

Kaynes SemiCon, a 100% subsidiary of Kaynes Technology, is investing Rs 2,850 crore in a facility in Hyderabad for outsourced semiconductor assembly and testing (OSAT), with automatic test equipment (ATE) and a reliability testing line, chief executive Raghu Panicker said. The groundbreaking ceremony for the facility that will have 13 lines for OSAT, and one each for ATE and reliability testing was held recently.

Royal Enfield is taking a slew of measures including accessing ways to enhance connection with the communities as it sees huge potential for growth in the market, according to a top company executive. The Chennai-headquartered firm, a part of Eicher Motors, currently sells bikes all across the continent and has a market share of around 8.5 per cent in the middle-weight motorcycle segment.

Income Tax raids continued for the fifth consecutive day in the premises linked to Tamil Nadu, Public Works and Highways Department Minister EV Velu at Tiruvannamalai. The search operations were conducted at locations allegedly linked to the Minister. Earlier on Monday, I-T officers also conducted searches at EV Velu's son Kamban's residence in Thiruvannamalai. Kamban currently serves as the Director of Arunai Medical College and Hospital in Thiruvannamalai. The raids at Kamban's residence have been underway since Friday night, as per the sources.

semiconductor industry has been in the limelight in recent years due to its soaring demand and the persistent global shortage of chips, making it a favoured investment sector for investors looking for high growth. Adding to this excitement, Qualcomm Inc., a global semiconductor giant, has announced plans to outsource the manufacturing of semiconductor chips in India. The company aims to capitalise on its substantial scale and the need for high chip volumes by collaborating with key industry players to introduce state-of-the-art technology in the country.

World Cup 2023 match at Wankhede Stadium, Mumbai. The Australia vs Afghanistan Mumbai ODI is a day-night match and will start at 2 p.m. It would be the 8th match of both teams in the ICC ODI World Cup 2023.

Eric Garcetti on Saturday visited the visa counter located in Delhi and met with the applicants there who came to get their visa. In a video that was shared by the US Embassy in India, it can be seen the US Ambassador meeting the applicants and interacting with them. “The gang’s all here! Our consular team in New Delhi woke up early this weekend for a special “Super Saturday" dedicated to meeting the unprecedented demand for U.S.

Pune and Chennai at 4% and Ahmedabad with a 3% growth in six months were markets with the most growth, showed a Knight Frank India study. Total 23 million sq ft space transacted in the first half ending September across the top eight markets represents a 10% on-year drop in volume.

assembly elections in five states. The government's decision follows closely behind the campaigning for the assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, and Mizoram, which are scheduled to take place from November 7 to November 30. The vote counting is set to occur on December 3.

World Cup 2023. Bangladesh are in the 9th position with 2 points in the World Cup 2023 team table whereas Sri Lanka are in the 7th position of the table with 4 points. In their first match, Bangladesh defeated Afghanistan by 6 wickets (with 92 balls remaining) at HPCA Stadium, Dharamsala on October 7, 2023.

Virat Kohli equalled Sachin Tendulkar's record of 49 ODI hundreds on the field, Disney+ Hotstar too broke a record-with a peak concurrent online viewership of 44 million during the India versus South Africa clash on Sunday. The ongoing ICC Men's Cricket World Cup has seen new peak concurrency records being created as official streamer Disney+ Hotstar is providing the matches for free to mobile users. The India-New Zealand match on October 22 had 43 million peak concurrent viewers, surpassing the India-Pakistan match's peak concurrency of 35 million on October 14. Disney+ Hotstar announced in June that it would provide mobile users with free access to the 2023 Asia Cup and ICC Men's Cricket World Cup after placing cricket behind a paywall for several years. The move seems to be paying rich dividends for the streaming platform, as it has been breaking its own record. Prior to the Cricket World Cup, JioCinema had set a record for peak concurrency, drawing 32 million people to the Indian Premier League (IPL) final between the Chennai Super Kings and Gujarat Titans. Media experts believe that streaming viewership is on the rise since it allows the convenience of watching matches on the go.

ANI that locals requested Karur municipal administration to clear the stagnant water in the area. Earlier on Saturday, the weather department had a heavy rainfall alert for 10 districts including Chennai, Kanchipuram, and Vellore.

Curated Living Solutions has acquired a student housing asset spread over 1.5 acre within the NSHM Knowledge Campus in West Bengal’s Durgapur. This student housing facility with around 1 lakh sq ft built-up structure has a total 766 beds. The deal marks Curated Living Solution’s first brownfield venture in the student housing vertical and has started operating from November 1. International property consultant JLL facilitated this transaction between Curated Living Solutions and NSHM Academy. Curated Living Solutions is looking to partner with colleges and universities across India to provide customised housing facilities to students.

(This is a developing story. More details awaited)Milestone Alert!Livemint tops charts as the fastest growing news website in the world