City Chennai Financial News

17.08 / 15:47

UPS FIVE CEO Continental hospital Eye Care hospital chain Dr. Agarwal's raises Rs 650 crore funding

Dr Agarwals Health Care has raised about Rs 650 crore from the TPG Growth and Singapore's sovereign wealth fund Temasek, within a year of raising Rs 1,050 crore from them in an earlier round. The Chennai headquartered chain said they would use about Rs 1,200 crore to double their hospital count to 300 in the next 2-3 years. The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr.

17.08 / 14:35

awards show conductor Bank statements of TN minister Senthil Balaji, wife show huge cash deposits: ED

Tamil Nadu minister V Senthil Balaji and his wife shows they received «huge cash deposits», the ED said Thursday, days after filing a chargesheet against the DMK leader in a money laundering investigation linked to the alleged 'cash for jobs scam' in the transport department. The prosecution complaint, filed under various sections of the Prevention of Money Laundering Act (PMLA), was submitted by the central agency on August 12 before a special court in Chennai and it took cognisance of the chargesheet on Wednesday, it said in a statement.

17.08 / 14:05

Govt extends deadline to apply for judicial, technical posts at NCLAT till Sep 1

NCLAT till September 1. Earlier, the deadline to submit the applications was July 5, according to a notice issued by the MCA.

17.08 / 10:11

Citi Digital Platform Action Mobile social electronic Users spend less than ₹100 a month on gaming: Report

₹100 a month and less than an hour a day on online gaming. On OTT platforms, the amount was far more, between ₹200 and ₹400 a month. The paper by Rajat Sharma and Vikash Gautam titled ‘New-Age Digital Consumption: A Survey of Social Media, OTT Content and Online Gaming’ also outlines that policy concerns around unwanted user actions, especially in online gaming, which are not supported by user time-spend or money-spend data.

17.08 / 08:51

Citi Provident VISA Aware TCS country US immigration: EB5 visa awareness roadshow in your city. Check dates, other details

real estate investments across the country. Attendees will have the opportunity to meet one-on-one with the USIF Team and a seasoned immigration attorney from Donoso & Partners LLC, who has substantial experience with EB-5 matters.

17.08 / 07:33

Citi Lowe's show track Affordability Mumbai High home loan rates hits affordability; Mumbai becomes unaffordable: Report

real estate consultant released its 'Affordability Index' for the top eight cities for the first six months of the 2023 calendar year. The index tracks the EMI (Equated Monthly Instalment)-to-income ratio for an average household. It indicates the proportion of income that a household requires, to fund the EMI of a housing unit in a particular city.

17.08 / 05:17

UPS Citi Southern country hospital Indian Indian eye hospital chain Dr. Agarwal's raises $80 million from TPG, Temasek

Dr. Agarwal's Health Care said on Thursday it raised $80 million from existing investors Singapore's Temasek and U.S.-based TPG as the Indian eye hospital operator plans to double its hospital count. The top shareholder of publicly listed Dr.

17.08 / 04:01

Target Action Time Vande Bharat Express attacked again, this time in Kerala: Check details

Vande Bharat Express, sparking worries about the safety of rail travel. The incident took place during the late afternoon hours near Vatakara, affecting the C-8 coach of the train. No injuries were reported as the window was shattered from outside impact.

17.08 / 03:05

Actor audience social song dance youtuber 'Kaavaalaa' becomes a global trend, Japan Ambassador Hiroshi Suzuki & YouTuber Mayo san groove to song from Rajinikanth's 'Jailer'

Kaavaalaa' fever! The charm of the hit song from the movie 'Jailer,' featuring Tamannaah Bhatia and Rajinikanth, is now a global phenomenon. The peppy song has captured the attention of international audiences, particularly in Japan. Joining the 'Kaavaalaa' trend, Japanese Ambassador to India Hiroshi Suzuki created a dance video with Japanese YouTuber Mayo San.

16.08 / 18:53

Manufacturing Strategy Apple Align country electronic iPhone 15 iPhone 15 local assembly begins as launch nears

NEW DELHI : Production of the iPhone 15, which is likely to be unveiled next month, has started at the factory of Apple’s contract manufacturer Foxconn near Chennai, two people familiar with the development said, the first time an Apple smartphone is being assembled in India before its international launch. Foxconn, the world’s largest electronics manufacturer, is assembling these devices at its Sriperumbudur facility in Tamil Nadu, even as it expands its local manufacturing operations beyond smartphones. “One of the units of Foxconn has started making the latest model.

16.08 / 17:13

Citi Racing BAY track India gets first-ever night street racing circuit in Chennai

street circuit, which will also hold night races, was launched by the Tamil Nadu government and RRPL here on Wednesday. The state government has partnered with Racing Promotions Private Limited (RRPL) for the project. RRPL is also the promoter of the Indian Racing League and F4 Indian Championship.

16.08 / 12:55

Digital CEO Platform coinbase Enterprise Light Microfinance, IppoPay to offer digital loans to MSMEs

Microfinance has partnered Chennai-based fintech firm IppoPay to power digital lending to micro, small and medium enterprises (MSMEs) in rural and semi-urban micro-markets of Tamil Nadu, Andhra Pradesh, Telangana and Karnataka. Coinbase Ventures and Better Capital-backed startup Ippopay offers payments solutions to about 400,00 merchants.

16.08 / 07:53

UPS Manufacturing Apple Align country iPhone 15 Apple' Foxconn commences production of iPhone 15 in Tamil Nadu, strengthening operations in India: Report

Foxconn Technology Group in Sriperumbudur, Tamil Nadu is gearing up to dispatch the latest iPhone units shortly after their initial rollout from Chinese factories, reported Bloomberg. This move is aimed at rapidly ramping up the quantity of new iPhones manufactured in India, according to individuals acquainted with the situation. As per the report, Apple is engaged in a multiyear initiative to broaden its manufacturing beyond China.

16.08 / 06:43

Mobile Is it a bank holiday today in Maharashtra for Parsi New Year?

In Maharashtra, banks will work only for remaining three days as banks witnessed two back to back holidays on August 15, and 16. Banks across India were closed on August 15 on the occasion of the 77th Independence Day. In August, state-wise holidays include Tendong Lho Rum Faat, Independence Day, Parsi New Year (Shahenshahi), Tithi of Srimanta Sankardeva, First Onam, Thiruvonam, Raksha Bandhan, Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol.

15.08 / 16:39

Citi Twitter stage cricket Registration begins for ICC Men’s Cricket World Cup 2023 tickets

ICC Men's Cricket World Cup 2023 tickets to secure their spot at experiencing the joy of cricket in the one-day format. The International Cricket Council (ICC) took to X, formerly known as Twitter to announce the registration for World Cup 2023 tickets.

15.08 / 14:55

Blockchain UPS Citi Digital Strategy country Bengaluru fresher hiring sentiment down by 10%, hit by slump in IT sector

Bengaluru's companies said they were willing to hire freshers in the second half of this year — a fall from 75% in the first half — according to a survey by TeamLease Edtech, a division of Bengaluru-based TeamLease Group. The survey attributes this to the decline in hiring in the IT sector. According to data from staffing firm Xpheno, IT services giants are expected to reduce their overall hiring by 40% in fiscal 2024.

15.08 / 14:19

Citi Digital CAT Destiny track country events G20 events introduced India's capabilities, diversity to world: PM Modi

India's G20 presidency had introduced the country's capabilities and diversity to the world, Prime Minister Narendra Modi said on Tuesday and asserted that the country is becoming a «voice of the Global South». In his address to the nation on the 77th Independence Day, he also said that India's small towns may be small in size or population, but in having hopes and aspirations, they are «not less than anyone». Modi also recalled his visit last year to Bali, where India was handed over the G20 presidency by Indonesia.

15.08 / 05:29

COST UPS country Rs 1.4 crore for MBBS: The college that offers India's costliest medical degree

DY Patil Medical College, situated in Navi Mumbai, has India's costliest medical degree on offer, a ToI report revealed on August 15. The MBBS degree offered by the college, at an eye-watering Rs 30.5 lakh fee a year, is the country's most expensive course of its kind, the report said. The total cost of the four-and-a-half-year degree from the college comes to more than Rs 1.35 crore.

15.08 / 02:59

Citi Digital country Mumbai NOT independence day Independence Day 2023: PM Modi praises India's digital prowess, says ‘Digital India not limited to Delhi, Mumbai..’

G20 Summit in Bali, developed countries of the world wanted to know the intricacies of the Digital India success story. He said that digital innovation in India is not limited to the top cities of the country like Delhi, Mumbai or Chennai but has reached the youth even in Tier-2 and Tier-3 cities.

14.08 / 14:43

COST Deaths Suicide mk Tamil Nadu: NEET-related suicide deaths hit 16, CM MK Stalin makes special appeal to president

NEET) exam twice, the death toll due to student suicides over NEET in Tamil Nadu has increased to 16. The deceased, S Jegadeeswaran (19) was a NEET aspirant, and hanged himself a day earlier after having flunked the NEET examination twice. Later, unable to deal with the grief over his son’s death, his father hanged self at his residence on Monday, Tamil Nadu police said.

14.08 / 10:39

Provident Twitter Reuters Remark love social Rakesh Jhunjhunwala death anniversary: Here's how social media paid tribute to India's Big Bull who inspired generations

Reuters, he remarked, "It's not a fitting comparison (with Warren Buffett). In terms of wealth and success and maturity, he's far, far ahead." Having risen from ₹5,000 in 1985 to an astounding ₹35,000 crore by 2022, the life journey of the late Rakesh Jhunjhunwala, often referred to as India's Big Bull, serves as a remarkable lesson in investing. Here is how social media paid tribute to the legendary investor.

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