City Chennai Financial News

01.09 / 08:05
UPS show ODI World Cup 2023 Rohit Sharma’s last as captain: Sourav Ganguly drops bomb just before Ind vs Pak match at Asia Cup
Backstage With Boria show. Interestingly, Ganguly predicts that this could be Rohit Sharma's last appearance in a 50-over World Cup.
01.09 / 03:57
Citi Yellow Silver Gold and silver prices for today—September 1. Check latest rates in your city
₹59,296 in the domestic market. Around 9.06 a.m., MCX Gold for October 5 delivery traded 0.11 per cent lower at ₹59310 per 10 grams.
31.08 / 16:09
UPS Citi index All-India House Price Index rises 5.1 per cent in Q1FY24: RBI data
all-India House Price Index (HPI) rose by 5.1 per cent in the April-June quarter of 2023-24 as compared with 3.4 per cent a year ago, according to data released by the Reserve Bank of India on Thursday.
31.08 / 13:29
Provident Digital CEO Software Enterprise country fun India among biggest edtech centres: Anthology Global CEO Bruce Dahlgren
India is one of the biggest edtech centres in the world and is among the key markets of US-based Anthology, its recently-appointed CEO Bruce Dahlgren said. Anthology, a global edtech company, is operational in 80 countries and has 150 million consumers. It is present in India since 2000 and has three offices — two in Bengaluru and one in Chennai. «I made it a point to ensure that I come to India in my first few weeks itself because of the importance of technology and the people here,» Dahlgren, who is visiting the country for the first time after taking charge of the Florida-based company a few weeks earlier, told PTI. Without sharing details about its India presence, the company said they are among the global leaders in the edtech sector. Dahlgren said more than 25 per cent of its employees are Indian. «Much of the innovation and concepts around the future come from India.
31.08 / 12:55
COST Provident Waters Manufacturing Southern country Indian PUMP K.V. Karthik from Deccan Industries becomes Indian Pump Assoc. President
Chennai, 25 August 2023: Mr K.V. Karthik, Managing Director, Deccan Industries, one of India’s leading pump manufacturing companies, headquartered in Coimbatore, has been elected as the president of Indian Pump Manufacturers Association (IPMA), the country’s premier body representing the US$ 2 billion pump manufacturing sector, for 2023-24. Mr.
31.08 / 07:39
UPS film Instagram social actress Nayanthara surprises fans with adorable Instagram debut as 'Jawaan' trailer drops, reveals faces of her twin sons
Nayanthara, has taken the internet by storm as she finally made her much-awaited Instagram debut on Thursday. The actress, surprised her fans by stepping into the world of social media just hours before the trailer release of her upcoming film 'Jawan'. Nayanthara's inaugural post introduced her twin sons to the world. The heartwarming video featured the actress confidently strolling while gently holding her sons, Uyir and Ulag. In the background, played the iconic theme music from Rajinikanth's 'Jailer', adding an extra touch of emotion to the video. The Insta post, showed the adorable twins dressed in white attires and black shades, instantly captivating the hearts of netizens. Nayanthar captioned the post, «Naan vandhutaen nu sollu….» (Tell them I have come), accompanied the post, infusing it with Nayanthara's unique charm.
31.08 / 06:45
Entertainment film performer voice star fun Watch: Jawan trailer is here; fans go crazy as Shah Rukh Khan comes in never-seen-before character
Jawan was released. Fans went crazy to see SRK playing in a never-seen-before character. “Of Justice & A Jawan.
31.08 / 05:53
UPS Citi Lowe's Silver Gold and silver prices for today—August 31. Check latest rates in your city
₹59,490 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,520, and a low of ₹59,420 in the domestic market. Around 10 a.m., MCX Gold for October 5 delivery traded 0.05 per cent lower at ₹59447 per 10 grams. Gold price on Thursday, August 31 stood at ₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market.
30.08 / 19:11
UPS Citi FIVE CEO Parke Backed SRK-backed KidZania lines up $50 m for theme parks in key cities
theme parks KidZania, is planning to spend $50 million over the next 5-10 years to launch five new theme parks in cities like Bengaluru, Ahmedabad, Pune, Hyderabad, and Chennai, a top company official said. The company currently operates two KidZania branded theme parks in Mumbai and Delhi spread across 70,000 sq ft and 95,000 sq ft, respectively. The two centres used to draw an annual footfall of 400,000 persons prior to the pandemic, which has dropped to 300,000 post the pandemic. «We are expecting about $50 million of investment to launch the five new centres,» said Paras Chandaria, founder and promoter, KidZania India, adding that the company is open to working with strategic partners to realise its ambitious expansion plans in the country.Chandaria's Kidz Inc Pte owns a 74% stake in Imagination Edutainment while Khan holds the remaining 26%.
30.08 / 13:47
UPS Provident FIVE show country Explainer Mint Explainer: Why the government cut LPG prices by ₹200
₹200 on domestic liquified petroleum gas (LPG) cylinders or cooking gas. The move comes in the backdrop of high inflation and also at a time when the government is gearing up for assembly elections in five states as well as general elections next year. Here's a look at the factors behind the decision and its likely impact.
30.08 / 13:03
film Actor show cover social blues song Shah Rukh Khan visits Vaishno Devi ahead of Jawan trailer release | Video
Shah Rukh Khan's upcoming movie Jawan is yet to release its trailer. As throes of fans await patiently, videos emerged on social media on Wednesday showing the 58- year-old actor arrive at Vaishno Devi. According to news agencies, Shah Rukh Khan arrived at Vaishno Devi temple Trikuta hills in Reasi district of Jammu and Kashmir, ahead of the release of his much-anticipated film 'Jawan'.
30.08 / 08:43
Citi Metro Silver Gold and silver prices for today—August 30. Check the latest rates in your city
₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market. Gold prices traded with gains in the morning session in the domestic futures market on Wednesday.
30.08 / 06:01
Citi Pride country ‘Good for Chess’: R Praggnanandhaa receives grand welcome at Chennai airport | Watch
Airport. Upon his arrival in the city, Praggnanandhaa said, “I am very happy to see so many people coming here and it is good for Chess". The Indian Chess prodigy won a silver medal in the Fide World Cup 2023 and qualified for the Candidates 2024 recently.
29.08 / 18:35
Provident Ford Aware Manufacturing Mobile stage JSW may buy Ford’s shut Chennai plant
NEW DELHI : The Sajjan Jindal-led JSW Group is in advanced talks to acquire the shuttered Chennai factory of Ford Motor Co. for its planned entry into electric-vehicle (EV) space, two people aware of the matter said. “Talks started a couple of months earlier and are in an advanced stage now, and the company is speaking to both the state government and Ford," one of the persons said on condition of anonymity.
29.08 / 13:15
UPS Citi Provident FIVE Enterprise Parke Co-working office firm 315Work Avenue leases 5 floors in Pune’s Kalyani Nagar
315Work Avenue has picked up five entire floors with office space spread over 1.62 lakh sq ft in a commercial project Raheja Woods in Pune’s Kalyani Nagar locality through a long-term lease of five years. This deal takes the company’s total office space in the tower to nearly 2 lakh sq ft as it had recently leased 33,000 sq ft here recently. The company has leased the space through its subsidiary 315 Work Avenue Pune Spaces from owner of the property MK Profinlease for monthly rental of nearly Rs 1.32 crore. The lease agreement includes a clause to escalate rentals by 5% after every 12 months. It also includes a lock-in period of 14 months for the licensee 315 Work Avenue, showed the documents accessed through FloorTap.com. “The coworking sector’s impact is poised to amplify in the future, driven by the fundamental transformation work dynamics have undergone which is unlikely to revert.
29.08 / 13:15
Aware country services Morgan Stanley Advantage Services renews its lease for commercial office space in Bengaluru
Morgan Stanley Advantage Services has renewed its lease for commercial office space in Bengaluru for about 136,000 square feet. The property, in Ecoworld on Outer Ring Road, was leased from RMZ Corp for 120 months with 15% escalation every three years. The company will pay a rent of Rs 116 per sq ft during the lease tenure, as per the lease renewal document shared by Propstack. Morgan Stanley is also preparing to relocate its existing India headquarters, operational for 13 years, to a larger office space in Mumbai, said people aware of the matter. The move reaffirms the American investment bank and financial services company’s growing headcount and footprint in the country. The company, which has operated in the country for about three decades, will relocate to a new office spread over about 86,000 sq ft in Altimus Worli.
29.08 / 09:05
Citi Target Platform Strategy Parke exclusive Ft acquires park Assetmonk acquires 90,000 sq ft commercial space In Tidel Park
Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.
29.08 / 08:45
Mobile Raksha Bandhan: Banks will be closed in these states on August 30, 31
August bank holiday list August 29 (Tuesday)- Thiruvonam- Banks are closed in Kerala. August 30- (Wednesday)- Raksha Bandhan- Banks are closed in Rajasthan, Himachal Pradesh. August 31- (Thursday)- Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol- Banks are closed in Uttarakhand, Assam, Kerala, Uttar Pradesh.
29.08 / 07:07
Citi Silver Gold and silver prices for today—August 29. Check the latest rates in your city
₹54600 per 10 grams for 22 carats, and ₹59550 per 10 grams for 24-carat in the spot market. Bangalore- Rs59400 Chennai- Rs59750 Delhi- Rs59550 Kolkata- Rs59400 Mumbai- Rs59400 Pune- ₹59450 Bangalore- ₹54450 Chennai- ₹54750 Delhi- ₹54600 Kolkata- ₹54450 Mumbai- ₹54450 Pune- ₹54450 However, the rates mentioned above do not include GST, and other levies. 24k gold is available in the market in the form of bars and coins.
28.08 / 15:53
UPS Booking Extreme Enterprise Pfizer Southern Brigade Enterprises buys Land across Hyderabad and Chennai
Brigade Enterprises has purchased land worth Rs 1,300 crore over the past year across the Southern market, to strengthen its position in the residential segment. In a recent purchase, the company bought a piece of land in Neopolis, Kokapet, Hyderabad for Rs 660 crore for a 9.7-acre plot, which translates to around Rs 68 crore per acre. The company will primarily build residential properties on this expanse of land spanning one million square feet. “We had already paid the first tranche, and we will primarily build residential on the recently purchased land. It may have some elements of other asset classes, too.
28.08 / 07:25
Provident Man Airlines Solomonic plane Andhra man dies moments after exiting plane at Chennai airport
Chennai airport. As per a TOI report, the man, identified as Solomon Martin Luther, had just deboarded the flight from Mumbai and was walking along the aerobridge when he suddenly collapsed.

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