City Chennai Financial News

15.07 / 15:21

UPS Citi Provident Cooper Compilation Mobile Centre Tomato prices ruling up to Rs 250/kg; Centre selling at Rs 90/kg in Delhi-NCR, Patna, Lucknow

To provide relief to retail consumers, the Centre is selling tomato at a discounted Rs 90 per kg in select cities like Delhi-NCR, Patna and Lucknow. National Cooperative Consumers' Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) are selling tomato on behalf of the Centre through mobile vans.

15.07 / 14:03

Twitter Chandrayaan 3 launch recorded from airplane window, video goes viral. Watch

ALSO READ: Chandrayaan-3 Launch LIVE Updates The ISRO Materials' Director (retired) Dr P V Venkitakrishnan shared the video on Twitter and wrote, "Launch of Chandrayan 3 from Flight." Sometime after takeoff from the Chennai to Dhaka flight, the pilot announced, Watch this historical event." After the video was shared on Twitter, it received 413.9K views, 2,542 retweets, and 12.2K likes. Though the journey from Earth to the moon for Chandrayaan-3 is estimated to take about a month, it may land on 23 August.

15.07 / 11:19

BMW In pics: MW X5 facelift launched in India at ₹93.90 lakh. Have a look!

BMW X5 facelift has debuted in India. The new BMW ...

15.07 / 11:11

UPS Citi Twitter Aware MotoGP Bharat announces multiple city event Road to MotoGP

MotoGP Bharat has announced a multiple city event ‘Road to MotoGP’. As per the company, the event would cover leading cities across the country and reach out to biking enthusiasts, biker groups and among others to celebrate the spirit of motorcycling. Moreover, the event will also scout for talent and create association with young aspiring riders to take up the sport professionally.

15.07 / 08:53

UPS Provident BMW Matrix BMW X5 facelift comes to India, price starts at ₹93.90 lakh: More details inside

BMW X5 facelift is locally produced at BMW Group Plant Chennai and is offered in both petrol and diesel variants at all BMW India dealerships. The car comes in metallic paintworks that include Brooklyn Grey, Carbon Black, Mineral White, Skyscraper Grey, Tanzanite Blue and Black Sapphire. The ex-showroom prices are: BMW X5 xDrive40i xLine - ₹93,90,000 BMW X5 xDrive40i M Sport - ₹1,04,90,000 BMW X5 xDrive30d xLine - ₹95,90,000 BMW X5 xDrive30d M Sport - ₹1,06,90,000 Vikram Pawah, President, BMW Group India said, “There are no limits to confidence when you're driving the new BMW X5.

15.07 / 05:25

Digital Cooper Aviat Fighting Software MER Cooperation India, France agree to enhance cooperation in strategic areas, space, science, sustainable development

ANI): India and France have agreed to enhance cooperation in strategic areas, space, science, sustainable development, and cooperation at the institutional level. Various agreements were made between the two countries during Prime Minister Narendra Modi's two-day visit to France from July 13-14 to attend the Bastille Day celebrations.

14.07 / 18:33

FIVE cricket BCCI announces both men's and women's cricket squads for Hangzhou Asian Games. Check full list

Standby list of players: Yash Thakur, Sai Kishore, Venkatesh Iyer, Deepak Hooda, Sai Sudarsan Ruturaj Gaikwad has been appointed as the captain of the Indian team in the Asian Games while Yashasvi Jaiswal who currently is in red-hot form and playing in the first Test against West Indies, found a place in the squad. The men’s cricket competition will take place from 28th September to 8th October in a T20 format. After a solid performance in the Indian Premier League (IPL) 2023, Rinku Singh has been included in the Indian team for Asian Games.

14.07 / 14:25

BMW BMW launches updated SUV X5 at Rs 93.9 lakh

BMW on Friday launched the new version of its popular SUV X5 with prices starting at Rs 93.9 lakh (ex-showroom). The model is locally produced at the company's Chennai plant and will be available in both petrol and diesel engine options. The petrol option has a 3-litre engine with a power output of 381 hp and can accelerate from 0-100 kmph in 5.4 seconds.

14.07 / 06:49

Provident Manufacturing Vande Bharat: 4 new semi-high speed trains likely on this route. Check details here

Indian railways is likely to launch four new trains on Delhi-Chandigarh, Chennai-Tirunelveli, Gwalior-Bhopal and Lucknow-Prayagraj routes, a report by The Hindu has stated. As per the report, these trains are likely to be launched by the end of this month. Officials also told the daily that of the four trains, only one route might have 16-coach while others are likely to be eight coach trains. Meanwhile recently, railway officials had said that the rake of Indian-built semi-high-speed Vande Bharat Express will be 'saffron' in colour.

14.07 / 04:59

Provident Indian Indian Railways provides additional stoppages to THESE trains going towards South India. Details here

railway station from July 15 onwards. It will now arrive at 03:09 hrs and will depart at 03:10 hrs.

14.07 / 03:11

Man Power Chennai power cut today: Check list of affected areas here

Also read: Chennai vendor sells tomato at ₹20/kg for a day amid soaring price Residents in these areas should anticipate a power shutdown on July 14 due to the maintenance work being carried out, reported News Minute.

14.07 / 01:27

Aware Parke Covenant Takeover NARCL's Dharani takeover hits a government bump

NARCL) takeover of the distressed Dharani Sugars & Chemicals account has been stalled as the government has refused to recognise the structure proposed by the bad-loan bank, three people aware of the issues said. The structure proposed by NARCL envisaged the creation of two trusts one of which is to exclusively deal with payments to State Bank of India (SBI) because the country's largest lender had exclusive security over some assets of Dharani. «SBI has some exclusive security in lieu of the loan they had given so they wanted some extra payments post recovery.

14.07 / 01:05

Platform COMPOSITE Lending platform Yubi valued at $1.5-billion in secondary sale by investors

Yubi, which is set to separate from parent Vivriti Capital, has been valued at $1.5 billion following a secondary share sale, two people in the know told ETtech. Chennai-headquartered non-banking finance company Vivriti Capital currently owns just under 50% of Yubi. A secondary sale is one where an existing shareholder liquidates part of his shareholding by selling some shares either in the open market or to promoters.

13.07 / 18:39

UPS Platform Tesla TCS Young people Why more young people are employable today

CHENNAI : The quality of our higher education, and resultant employability of young people, has been a topic of tempestuous discussions for several decades. About 20 years back, IT industry body NASSCOM said that only 25% of engineering graduates were readily employable in the technology industry. While there were debates on the methodology adopted to arrive at this number, the findings set the tone for serious introspection among different stakeholders—the government, academia, industry, parents, students and trade bodies.

13.07 / 15:57

COST Citi Metro RLDA invites bids for the redevelopment of Ahmedabad Railway Station

RLDA) has invited bids for the redevelopment of Ahmedabad Railway Station and construction of associated infrastructure on Engineering Procurement and Construction (EPC) mode. The estimated project cost is Rs 2563 crore.

13.07 / 12:53

UPS Manufacturing boost Vande Bharat trains boost prospects of mattress brands like Sleepwell

Sheela Foam Ltd, which owns the popular household brand Sleepwell, expects Vande Bharat sleeper trains to open up business opportunities for mattress makers in the country. "India Railways has been boosting its efforts to improve the infrastructure of coaches and finding new space for import substitution such as the supply of foams to the railways, which were earlier imported. About 400 new energy-efficient Vande Bharat trains will be introduced by 2025, is about ₹40,000 crore of business coupled with jobs and other spin-off benefits," the company said in an investor presentation.

13.07 / 02:43

Citi Lowe's Metro ‘Eat fewer these days’ says Suniel Shetty as rising tomato prices has affected his kitchen

₹111.71 per kg on Wednesday. The maximum increase in retail price was ₹203 per kg in Bathinda, Punjab while the minimum rate was ₹34 per kg in Bidar in Karnataka. Among the metros, retail price of tomato quoted highest in Delhi at ₹150 per kg, followed by Mumbai at ₹137 per kg, Kolkata at ₹137 per kg and Chennai at ₹123 per kg on Wednesday.

12.07 / 11:53

Provident Target Digital Maxim CEO Platform Action seed funding Hectar Global raises $2.1 million in seed funding led by Powerhouse Ventures

Hectar Global has raised $2.1 million in a seed funding round led by Powerhouse Ventures. The round also saw participation from WEH ventures, All In Capital, Indian Silicon Valley, and angel investors Anant Sarda and Adhish Ladha, the company said in a statement Wednesday. The Chennai-based business-to-business cross-border agri-commodity procurement platform was founded by National University of Singapore alumni Srinath Srinivasan, Sibhi Kumaran and Aswath Balaji.

12.07 / 09:41

Provident Booking Manufacturing CEO Metro Power Q4 Sterlite Power got orders worth ₹1,400 crore in Q4 FY23

₹1,400 crore from domestic and international customers in the March ended quarter. The orders were received by its solutions business that caters to products and specialized EPC (engineering, procurement and construction), the company said in a statement. The set of orders, won across domestic and international markets, strengthened the company’s solutions business unit’s order book to ₹5,200 crore during FY23, it added.

11.07 / 19:29

UPS MAIL Progressive Aware CEO Enterprise hospital Asia Health in talks to acquire kidney care hospital AINU

Asian Institute of Nephrology and Urology (AINU), the largest single-specialty kidney care chain in India. AHH is likely to acquire about 70% stake in the hospital chain at a valuation of ₹500-520 crore, said two people aware of the development. Post transaction, the existing management will continue to run the business, said sources.

11.07 / 17:27

Manufacturing Orchid Pharma enter tech transfer pact to make key cephalosporin intermediate

Orchid Pharma, the Chennai-based drug maker on Tuesday said it has entered into a technology transfer agreement with a leading multinational biotechnology company for its fermentation based ‘7ACA project’ under the production linked incentive (PLI) scheme. The company didn't disclose the name of the biotechnology firm or further details of the agreement.

latest developments in city Chennai

What is the current situation in city Chennai?

In city Chennai, the spotlight is on local government initiatives that impact the interests of residents.

Where can I find reliable news about city Chennai?

We publish verified updates about the situation in city Chennai, based on information from trusted sources.

What shapes the media agenda in city Chennai?

The news landscape of city Chennai is shaped by key decisions by local authorities, reflecting its local way of life.