News

Sundaram Finance rises as its arm to expand presence in tier-III towns in western Tamil Nadu Sundaram Finance is currently trading at Rs. 4142.55, up by 48.90 points or 1.19% from its previous closing of Rs. 4093.65 on the BSE. The scrip opened at Rs. 4124.95 and has touched a high and low of Rs. 4189.00 and Rs. 4034.20 respectively. So far 401 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5528.85 on 27-Sep-2024 and a 52 week low of Rs. 3104.45 on 24-Nov-2023. Last one week high and low of the scrip ...
Sundaram Finance rises as its arm to expand presence in tier-III towns in western Tamil Nadu
Sundaram Finance rises as its arm to expand presence in tier-III towns in western Tamil Nadu
Source: Accord Fintech
2024-11-21 09:58:53 am
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who declined to be named as the deta...
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Source: Reuters
2024-11-18 09:27:05 am
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who declined to be named as the deta...
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Tata seals deal with Pegatron for iPhone plant in India`s Tamil Nadu, sources say
Source: Reuters
2024-11-17 01:54:22 pm
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu Premier Polyfilm is currently trading at Rs. 337.00, up by 39.55 points or 13.30% from its previous closing of Rs. 297.45 on the BSE. The scrip opened at Rs. 306.95 and has touched a high and low of Rs. 344.05 and Rs. 302.65 respectively. So far 197626 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 344.05 on 15-Oct-2024 and a 52 week low of Rs. 119.85 on 23-Oct-2023. Last one week high and low of the scrip stoo...
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu
Premier Polyfilm zooms on getting nod to purchase industrial land in Tamil Nadu
Source: Accord Fintech
2024-10-15 11:54:02 am
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand Warehouse developer IndoSpace said on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over the next three years, to meet increasing demand for industrial parks as more companies set up bases in India. Warehouse developers are facing a mad demand rush as companies bet on the country's economic boom and try to diversify supply chains beyond China. India's warehousing market is expected to more than double to $37 billion by 2032, consulting firm IMARC...
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
Source: Reuters
2024-10-08 03:45:11 pm
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR Tata Motors on Saturday held the groundbreaking ceremony of its new Rs 9,000 crore facility in the state that will manufacture and export next-gen vehicles for Tata Motors and Jaguar Land Rover (JLR).  Situated at Panapakkam in Ranipet district, the plant will cater to both domestic and international markets, while creating over 5,000 jobs. Tata Motors Group intends to invest Rs 9,000 crore in this greenfield manufacturing facility, which has been designed for an annual production ...
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR
Tata Motors breaks ground for $9,000 cr facility in Tamil Nadu to manufacture SUVs, JLR
Source: IANS
2024-09-28 03:06:16 pm
Ford to make a comeback in India to boost exports, hire up to 3,000 more  US automaker Ford Motor is making a comeback in India and will restart its manufacturing plant in Chennai to boost exports, along with hiring another 2,500-3,000 employees, it was announced on Friday.  According to Kay Hart, President, Ford International Markets Group, the step aims to “underscore our ongoing commitment to India as we intend to leverage the manufacturing expertise available in Tamil Nadu to serve new global markets.” In a post on LinkedIn, she sai...
Ford to make a comeback in India to boost exports, hire up to 3,000 more
Ford to make a comeback in India to boost exports, hire up to 3,000 more
Source: IANS
2024-09-13 12:35:26 pm
Tamil Nadu government , Caterpillar Inc sign MoU for Rs 500 crore investment in state The Tamil Nadu government has signed an MoU with American construction and engineering equipment manufacturing company Caterpillar to expand its operations in the state, an official statement said on Thursday.  The company will invest an amount of Rs 500 crore for expanding the operations of the company in Krishnagiri and Tiruvallur districts, the state government statement said, adding that the Memorandum of Understanding (MoU) was signed in the presence of Chief Minister M.K. Stalin...
Tamil Nadu government , Caterpillar Inc sign MoU for Rs 500 crore investment in state
Tamil Nadu government , Caterpillar Inc sign MoU for Rs 500 crore investment in state
Source: IANS
2024-09-13 09:28:58 am
Tamil Nadu CM signs MoU worth Rs 2000 crore with Trilliant  Tamil Nadu Chief Minister M.K. Stalin, who is on a 17-day visit to the US to seek investments for the state, has signed a Rs 2,000 crore Memorandum of Understanding (MoU) with Trilliant.  This is for establishing Trilliant’s manufacturing unit in Tamil Nadu as well as for constituting their Development and Global Support centre in the state, the Chief Minister's Office (CMO) in a statement on Thursday said. The statement also said that the Chief Minister had a produ...
Tamil Nadu CM signs MoU worth Rs 2000 crore with Trilliant
Tamil Nadu CM signs MoU worth Rs 2000 crore with Trilliant
Source: IANS
2024-09-05 11:30:23 am
CM MK Stalin in San Francisco to meet investors, address Tamil diaspora Tamil Nadu Chief Minister, MK Stalin who is on a business trip to procure investments for the state will meet investors in San Francisco on Thursday.  A statement from the Chief Minister’s Office (CMO) said that CM Stalin would hold a series of meetings with potential investors and is expected to sign several contracts. The Chief Minister is on a 17-day business trip to the US from August 27 to September 14. While in the US, CM Stalin is likely to meet Sundar Pichai, the C...
CM MK Stalin in San Francisco to meet investors, address Tamil diaspora
CM MK Stalin in San Francisco to meet investors, address Tamil diaspora
Source: IANS
2024-08-29 01:42:11 pm
Dabur India jumps on signing MoU with Government of Tamil Nadu Dabur India is currently trading at Rs. 643.80, up by 9.30 points or 1.47% from its previous closing of Rs. 634.50 on the BSE. The scrip opened at Rs. 638.45 and has touched a high and low of Rs. 647.50 and Rs. 632.05 respectively. So far 130532 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 662.45 on 23-Jul-2024 and a 52 week low of Rs. 489.00 on 16-Apr-2024. Last one week high and low of the scrip stood at Rs...
Dabur India jumps on signing MoU with Government of Tamil Nadu
Dabur India jumps on signing MoU with Government of Tamil Nadu
Source: Accord Fintech
2024-08-22 02:56:28 pm
Tamil Nadu CM Stalin announces international airport in Hosur Tamil Nadu Chief Minister M.K. Stalin said on Thursday that an international airport that can handle 30 million passengers per year will be set up in Hosur on 2,000 acres.  Announcing this in the state Assembly, Stalin added that the airport was planned not only to develop Hosur but also for the social and economic development of Dharmapuri and Krishnagiri districts. He said the government wants to develop Hosur as an important economic growth centre and several infrastructure proj...
Tamil Nadu CM Stalin announces international airport in Hosur
Tamil Nadu CM Stalin announces international airport in Hosur
Source: IANS
2024-06-27 04:31:25 pm
Before dry day, Tamil Nadu's TASMAC registered Rs 200 crore business on Monday The Tamil Nadu State Marketing Corporation Ltd (TASMAC), a company owned by the Tamil Nadu government which has a monopoly over wholesale and retail vending of alcoholic beverages in the state, registered a Rs 200 crore liquor business in a single day on Monday, according to a statement issued by the corporation.  The liquor shops in Tamil Nadu were closed on Tuesday due to the counting of votes. There are 5000 liquor shops in the state under TASMAC and every day the business touch...
Before dry day, Tamil Nadu's TASMAC registered Rs 200 crore business on Monday
Before dry day, Tamil Nadu's TASMAC registered Rs 200 crore business on Monday
Source: IANS
2024-06-05 09:45:39 am
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu Automaker Hyundai Motor India on Monday inaugurated its first 180 kW (kilowatts) DC fast public electric-powered vehicles (EV) charging station in Chennai, comprising 150 kW & 30 kW connectors. The company also said that it aims to set up 100 fast public charging stations in Tamil Nadu as part of its commitment to the state. "In line with Hyundai's vision of 'Progress for Humanity', we aim to enhance the convenience of all EV users, and hence our charging stations c...
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu
Source: IANS
2024-05-27 04:37:45 pm
Polyspin Exports jumps on commissioning roof top solar power plant at Tamil Nadu unit Polyspin Exports is currently trading at Rs. 52.39, up by 1.39 points or 2.73% from its previous closing of Rs. 51.00 on the BSE. The scrip opened at Rs. 51.10 and has touched a high and low of Rs. 52.39 and Rs. 51.00 respectively. So far 540 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 70.55 on 30-Nov-2023 and a 52 week low of Rs. 45.01 on 10-Oct-2023. Last one week high and low of the scrip stood at Rs. 54....
Polyspin Exports jumps on commissioning roof top solar power plant at Tamil Nadu unit
Polyspin Exports jumps on commissioning roof top solar power plant at Tamil Nadu unit
Source: Accord Fintech
2024-04-15 11:29:21 am
Federal Bank opens 26 new branches across Tamil Nadu, Puducherry  Private lender Federal Bank opened 26 new branches across Tamil Nadu and Puducherry on Wednesday. The branches were inaugurated by the bank’s MD and CEO, Shyam Srinivasan, in the presence of Eqbal Manoj, Senior Vice President and Zonal Head, and other staff members. With this, the number of Federal Bank branches in the Chennai zone has crossed 250. In addition to the launches, the bank also donated 26 smart vision devices for the visually impaired people through the Rotar...
Federal Bank opens 26 new branches across Tamil Nadu, Puducherry
Federal Bank opens 26 new branches across Tamil Nadu, Puducherry
Source: IANS
2024-03-28 09:33:39 am
Zoho`s Sridhar Vembu says `will work to create advanced chip design`facility in TN`s Tenkasi Responding to the post of Ananthan Ayyasamy, a BJP leader from Tamil Nadu's (TN) Tenkasi, Zoho founder and CEO Sridhar Vembu on Friday said that they "will work together to create advanced chip design facility in this rural region". Ayyasamy, former Engineering Director at Intel and the Convenor of TN's Start-up Cell has shared a post on the social media platform X, saying that under the leadership of Prime Minister Narendra Modi and TN BJP state president K. Annamalai &q...
Zoho`s Sridhar Vembu says `will work to create advanced chip design`facility in TN`s Tenkasi
Zoho`s Sridhar Vembu says `will work to create advanced chip design`facility in TN`s Tenkasi
Source: IANS
2024-03-22 03:11:15 pm
India`s Tata Motors to build $1.1 billion plant in Tamil Nadu India's Tata Motors has signed a deal to build a 90 billion rupee ($1.09 billion) manufacturing plant in Tamil Nadu, the southern state's industries minister said on Wednesday on social media platform X. The investment would be spread over five years and could create up to 5,000 jobs, Tata Motors said in an exchange filing. Tata Motors, which makes cars, trucks and buses, did not specify what vehicles it would make at the new plant. The announcement comes only days after Viet...
India`s Tata Motors to build $1.1 billion plant in Tamil Nadu
India`s Tata Motors to build $1.1 billion plant in Tamil Nadu
Source: Reuters
2024-03-14 09:23:45 am
Tamil Nadu CM lays foundation stone for VinFast`s Rs 4,000-cr EV factory Tamil Nadu Chief Minister M.K. Stalin on Sunday laid the foundation stone for the first phase of Vietnam's VinFast group’s electric vehicle (EV) plant in Tuticorin. The Vietnam group’s Indian arm VinFast Auto India Ltd will invest Rs 4,000 crore in the first phase out of the planned Rs 16,000 crore ($2 billion) investment, the state government said. At the Global Investors Meet held here in January, VinFast Auto Ltd had signed a Memorandum of Understanding (MoU) with the...
Tamil Nadu CM lays foundation stone for VinFast`s Rs 4,000-cr EV factory
Tamil Nadu CM lays foundation stone for VinFast`s Rs 4,000-cr EV factory
Source: IANS
2024-02-25 05:55:25 pm
Tamil Nadu agriculture budget focus on production of oil seeds, pulses & planting neem trees Tamil Nadu Minister for Agriculture and Farmers’ Welfare M.R.K. Panneerselvam -- while presenting the agriculture budget for the financial year 2024-25 -- has given a high boost to the production of oilseeds and pulses. The minister said that a total of 10 lakh neem tree saplings will be distributed to farmers for free Panneerselvam said that while strides had been made in paddy cultivation, there was still a shortfall in meeting the demand for pulses and oilseeds. He said that...
Tamil Nadu agriculture budget focus on production of oil seeds, pulses & planting neem trees
Tamil Nadu agriculture budget focus on production of oil seeds, pulses & planting neem trees
Source: IANS
2024-02-20 05:27:58 pm
Tamil Nadu government announce chemical free programme to improve soil quality  Tamil Nadu Agriculture and Farmers’ Welfare Minister M.R.K. Panneerselvam on Tuesday announced a chemical free programme to improve soil quality called -- Chief Minister’s Mannuyir Kaathu Mannuyir Kaappom Scheme (CM MK MKS) -- while presenting the state agriculture budget for 2024-25. The minister said that the new scheme is aimed at improving soil quality, and moving towards sustainable and chemical-free agricultural practices for the well-being of society. He said th...
Tamil Nadu government announce chemical free programme to improve soil quality
Tamil Nadu government announce chemical free programme to improve soil quality
Source: IANS
2024-02-20 05:05:30 pm
Tamil Nadu to establish Artificial Intelligence Mission for leveraging AI Tamil Nadu Finance Minister Thangam Thennarasu on Monday said that the state would establish an Artificial Intelligence (AI) Mission to develop guidelines for constructively leveraging AI in education, employment, industry, research and medicine. The AI Mission will also establish clear protocols for its utilisation. It will involve professors from leading educational institutions in Tamil Nadu, executives from the electronics industry, and experts in the field. The finance minister ...
Tamil Nadu to establish Artificial Intelligence Mission for leveraging AI
Tamil Nadu to establish Artificial Intelligence Mission for leveraging AI
Source: IANS
2024-02-19 04:36:45 pm
Tamil Nadu budget for FY 2024-25 to be presented today Tamil Nadu Finance Minister Thangam Thennarasu will present the state budget for the financial year 2024-25 on Monday. The budget whose theme is 'Crossing obstacles and marching towards growth' is being presented days before the announcement of the 2024 general elections. With the ruling DMK aiming for a clean sweep and winning all the 39 seats in the parliamentary elections, it has to be seen whether this will be a popular budget or not. The DMK government under Chief Minist...
Tamil Nadu budget for FY 2024-25 to be presented today
Tamil Nadu budget for FY 2024-25 to be presented today
Source: IANS
2024-02-19 09:13:22 am
Spain trip useful, agreements for investments worth Rs 3,440 crore signed: M K Stalin Tamil Nadu Chief Minister MK Stalin said on Wednesday that his eight-day-long visit to Spain was fruitful and agreements for investments to the tune of Rs 3,440 crore were signed during the trip. Stalin, who was addressing media persons at Chennai international airport, said he was expecting an inflow of more investments into the state. The Chief Minister said that the German shipping and container transportation major Hapag-Lloyd AG had signed agreements to invest Rs 2500 crore. He ...
Spain trip useful, agreements for investments worth Rs 3,440 crore signed: M K Stalin
Spain trip useful, agreements for investments worth Rs 3,440 crore signed: M K Stalin
Source: IANS
2024-02-07 01:43:46 pm
Hyundai Motor India showcases `Mobility for All` at Bharat Mobility Global Expo 2024 Hyundai Motor India Ltd. showcased its technologically-advanced products at the first ever Bharat Mobility Global Expo 2024. Based on the theme 'Mobility for All', the Hyundai Motor India Pavilion in Hall No. 6, Pragati Maidan, presented the company’s vision for India and highlighted its commitment to India. Commenting on Hyundai Motor India’s participation at Bharat Global Mobility Expo 2024, Puneet Anand, AVP and Vertical Head, Corporate Affairs, Hyundai Motor India, ...
Hyundai Motor India showcases `Mobility for All` at Bharat Mobility Global Expo 2024
Hyundai Motor India showcases `Mobility for All` at Bharat Mobility Global Expo 2024
Source: IANS
2024-02-04 09:09:38 am
Tamil Nadu budget for financial year 2024-25 to be presented on Feb 19  The budget session of the Tamil Nadu assembly will commence from February 12 with the customary address of Tamil Nadu Governor while the budget will be presented on February 19. The budget for the financial year 2024-25 will be presented by Finance Minister Thangam Thenarasu on February 19. The government is expected to highlight the launch of welfare measures including a Rs 1,000 monthly scheme for women heads of families under the Kalaignar Magalir Urimai Thittam scheme. The ...
Tamil Nadu budget for financial year 2024-25 to be presented on Feb 19
Tamil Nadu budget for financial year 2024-25 to be presented on Feb 19
Source: IANS
2024-02-02 02:27:31 pm
Tamil Nadu economy expected to grow to US$ 2.6 Tn but will need investments of US$ 111 Bn by 2047 - Knight Frank India In its latest report – Tamil Nadu: Unveiling Economic Dynamism and Future Potential, by Knight Frank India, a leading real estate consultancy in the country, in association with the Confederation of Real Estate Developers' Associations of India (CREDAI)- Tamil Nadu, has estimated that Tamil Nadu’s Nominal Gross State Domestic Product (GSDP) would expand to approximately US$ 2.6 trillion by FY 2047-48. Tamil Nadu stands as the second-largest state economy in I...
Tamil Nadu economy expected to grow to US$ 2.6 Tn but will need investments of US$ 111 Bn by 2047 - Knight Frank India
Tamil Nadu economy expected to grow to US$ 2.6 Tn but will need investments of US$ 111 Bn by 2047 - Knight Frank India
Source: Knight Frank India
2024-01-29 12:29:38 pm
Corning`s Indian JV signs $120 million investment deal with Tamil Nadu state India's Tamil Nadu state said on Tuesday that a joint venture of Corning agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the south Asian country as a manufacturing hub. The joint venture (JV), named Bharat Innovative Glass Technologies, is a tie-up between U.S. electronics maker Corning, a key parts supplier for Apple, and Indian telecommunications company Optiemus Infracom. The new facility will make front cover glass for mobile phones an...
Corning`s Indian JV signs $120 million investment deal with Tamil Nadu state
Corning`s Indian JV signs $120 million investment deal with Tamil Nadu state
Source: Reuters
2024-01-23 03:24:15 pm
Indian dairy firm Hatsun Agro`s Q3 profit rises 24%, slowest in three quarters  India's Hatsun Agro Product, which sells products under brands such as Arun IceCreams and Arokya Milk, reported its slowest quarterly profit growth in three quarters, hurt by heavy floods in its home state of Tamil Nadu. Last month, cyclone Michaung flooded a large part of the southern Indian state, which is home to 13 of Hatsun's 20 milk processing plants and, according to ICICI Securities, accounts for over half of the company's revenue. The Chennai-based company'...
Indian dairy firm Hatsun Agro`s Q3 profit rises 24%, slowest in three quarters
Indian dairy firm Hatsun Agro`s Q3 profit rises 24%, slowest in three quarters
Source: Reuters
2024-01-19 03:31:24 pm
Mahindra Holidays soars on inking MoU with Tamil Nadu government to build 3 Greenfield resorts Mahindra Holidays & Resorts India is currently trading at Rs. 398.30, up by 11.40 points or 2.95% from its previous closing of Rs. 386.90 on the BSE. The scrip opened at Rs. 397.35 and has touched a high and low of Rs. 403.20 and Rs. 389.95 respectively. So far 8316 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 469.80 on 17-Oct-2023 and a 52 week low of Rs. 245.45 on 30-Jan-2023. Last one week high and lo...
Mahindra Holidays soars on inking MoU with Tamil Nadu government to build 3 Greenfield resorts
Mahindra Holidays soars on inking MoU with Tamil Nadu government to build 3 Greenfield resorts
Source: Accord Fintech
2024-01-19 03:24:35 pm
DBS Bank India collaborates with StartupTN to foster entrepreneurship in Tamil Nadu  DBS Bank India announced a strategic partnership with StartupTN, the nodal agency of the Government of Tamil Nadu that is playing a crucial role in fostering innovation and promoting entrepreneurship throughout the State. Tamil Nadu ranks among the top 10 States in India for number of startups and is an emerging entrepreneurial hub. The collaboration with DBS Bank India is aimed at strengthening the ecosystem and driving innovation within the State by providing crucial support to sta...
DBS Bank India collaborates with StartupTN to foster entrepreneurship in Tamil Nadu
DBS Bank India collaborates with StartupTN to foster entrepreneurship in Tamil Nadu
Source: PR Agency
2024-01-19 10:24:02 am
Tata Power gains as its arm inks two MoUs with Government of Tamil Nadu Tata Power Company is currently trading at Rs. 344.55, up by 4.45 points or 1.31% from its previous closing of Rs. 340.10 on the BSE. The scrip opened at Rs. 342.55 and has touched a high and low of Rs. 348.70 and Rs. 340.85 respectively. So far 471508 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 349.65 on 05-Jan-2024 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power gains as its arm inks two MoUs with Government of Tamil Nadu
Tata Power gains as its arm inks two MoUs with Government of Tamil Nadu
Source: Accord Fintech
2024-01-10 12:02:32 pm
Pondy Oxides & Chemicals surges on entering into MoU with Tamil Nadu Guidance Pondy Oxides & Chemicals is currently trading at Rs. 756.50, up by 31.90 points or 4.40% from its previous closing of Rs. 724.60 on the BSE. The scrip opened at Rs. 790.05 and has touched a high and low of Rs. 794.50 and Rs. 741.35 respectively. So far 23225 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 794.50 on 10-Jan-2024 and a 52 week low of Rs. 264.00 on 29-Mar-2023. Last one week high and low of the...
Pondy Oxides & Chemicals surges on entering into MoU with Tamil Nadu Guidance
Pondy Oxides & Chemicals surges on entering into MoU with Tamil Nadu Guidance
Source: Accord Fintech
2024-01-10 09:51:41 am
Ashok Leyland rises on earmarking investments of Rs 1,200 crore in Tamil Nadu over next 3 to 5 years Ashok Leyland is currently trading at Rs. 178.85, up by 0.70 points or 0.39% from its previous closing of Rs. 178.15 on the BSE. The scrip opened at Rs. 179.65 and has touched a high and low of Rs. 180.45 and Rs. 178.15 respectively. So far 368596 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 191.45 on 16-Aug-2023 and a 52 week low of Rs. 133.10 on 28-Mar-2023. Last one week high and low of the scrip stood at ...
Ashok Leyland rises on earmarking investments of Rs 1,200 crore in Tamil Nadu over next 3 to 5 years
Ashok Leyland rises on earmarking investments of Rs 1,200 crore in Tamil Nadu over next 3 to 5 years
Source: Accord Fintech
2024-01-09 12:57:00 pm
Brigade Enterprises shines on inking MoUs with Government of Tamil Nadu Brigade Enterprises is currently trading at Rs. 974.30, up by 34.05 points or 3.62% from its previous closing of Rs. 940.25 on the BSE. The scrip opened at Rs. 955.00 and has touched a high and low of Rs. 1000.00 and Rs. 955.00 respectively. So far 25120 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,000.00 on 09-Jan-2024 and a 52 week low of Rs. 430.95 on 13-Jan-2023. Last one week high and low of the scrip...
Brigade Enterprises shines on inking MoUs with Government of Tamil Nadu
Brigade Enterprises shines on inking MoUs with Government of Tamil Nadu
Source: Accord Fintech
2024-01-09 10:25:03 am
TN inks investment MoUs worth about Rs.6.64 lakh crore Several MoUs with an investment intention of Rs.664,180 crore have been inked between the Tamil Nadu Government and various industrial groups, said Tamil Nadu Chief Minister MK Stalin. Speaking at the valedictory function of the Tamil Nadu Global Investors Meet, Stalin said the state has attracted investment proposals from varied sectors like automobiles, Electric Vehicle (EV), aerospace, Defence, footwear and others. Stalin said the investment proposals can generate about 26.90 lakh di...
TN inks investment MoUs worth about Rs.6.64 lakh crore
TN inks investment MoUs worth about Rs.6.64 lakh crore
Source: IANS
2024-01-08 06:27:15 pm
Adani Group to invest Rs 42,768 crore in Tamil Nadu The multi-business Adani Group has decided to invest a whopping Rs 42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution and generate 10,300 employment opportunities. The Group announced this decision during the Tamil Nadu Global Investors Meet 2024 held on Monday. A Memorandum of Understanding (MoU) was also exchanged at the investors' meeting by Karan Adani, Chief Executive Officer of Adani Ports and SEZ Limited (APSEZ) and the Ta...
Adani Group to invest Rs 42,768 crore in Tamil Nadu
Adani Group to invest Rs 42,768 crore in Tamil Nadu
Source: IANS
2024-01-08 05:29:30 pm
Hyundai Motor India to invest another Rs 6,180 cr in TN Hyundai Motor India Limited (HMIL) on Monday said it will invest another Rs. 6,180 crore in Tamil Nadu apart from the earlier announced Rs 20,000 crore investment for electric vehicle and others between 2023-2032. According to Hyundai Motor, out of the fresh investment announcement, Rs 180 crore will be for a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with Indian Institute of Technology-Madras. The car maker has signed an Memorandum of Understanding (MoU) wit...
Hyundai Motor India to invest another Rs 6,180 cr in TN
Hyundai Motor India to invest another Rs 6,180 cr in TN
Source: IANS
2024-01-08 01:48:57 pm
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron India's southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday. Apple is counting on India as the next big driver of its growth as the tech giant looks to diversify some production away from China, with Pegatron working towards a second factory in the country where Tata Group last year began to assemble iPhones. Tata Electronics, a...
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
Source: Reuters
2024-01-08 09:07:15 am
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron  India's southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday. Apple is counting on India as the next big driver of its growth as the tech giant looks to move some production away from China, with Pegatron working towards a second factory in the country, where Tata Group last year began to assemble iPhones. Tata Electronics,...
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
India`s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
Source: Reuters
2024-01-07 03:28:37 pm
Vietnam's VinFast to set up $500 million EV facilities in India Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world's third-largest vehicle market. VinFast and the southern state of Tamil Nadu agreed to work toward an investment of up to $2 billion, with an intended commitment of $500 million for the first five years of the project, according to a joint statement. Construction on the project's EV and battery...
Vietnam's VinFast to set up $500 million EV facilities in India
Vietnam's VinFast to set up $500 million EV facilities in India
Source: Reuters
2024-01-06 05:02:24 pm
Nitin Gadkari unveils Rs 1,464 crore highway projects in Kerala Union Minister for Road, Transport and Highways, Nitin Gadkari has inaugurated and laid the foundation stone of 12 National Highway projects in Kerala with an investment of over Rs 1,464 crore. The total highway length of 105 km is poised to generate substantial employment opportunities, both directly and indirectly, fostering socio-economic growth in Kerala, the Minister said on Saturday. The proposed projects aim to enhance seamless connectivity between Tamil Nadu and Kerala, ensuring...
Nitin Gadkari unveils Rs 1,464 crore highway projects in Kerala
Nitin Gadkari unveils Rs 1,464 crore highway projects in Kerala
Source: IANS
2024-01-06 02:24:06 pm
Tamil Nadu BJP President Annamalai reveals BJP`s plan to welcome PM Modi President Annamalai revealed party’s plan to welcome Prime Minister Narendra Modi on January 02. In his first visit down South since the BJP swept the key Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan in the assembly elections in November, Prime Minister Narendra Modi will inaugurate the new terminal building at Tiruchirappalli International Airport in Tamil Nadu on Tuesday. 
Tamil Nadu BJP President Annamalai reveals BJP`s plan to welcome PM Modi
Tamil Nadu BJP President Annamalai reveals BJP`s plan to welcome PM Modi
Source: ANI
2024-01-02 12:03:17 pm
Corning picks TN over Telangana to set up Rs 1,000 cr smartphone glass factory With the government change in Telangana came the news that US-based Corning Inc, the key Apple supplier, has reportedly picked Tamil Nadu over Telangana to set up its Rs 1,000 crore facility, in collaboration with domestic electronics manufacturer Optiemus Infracom. Earlier, the then K. Chandrashekar Rao-led state government had announced in September that Corning Inc has chosen Telangana to set up their Gorilla Glass manufacturing facility. The proposed facility in Telangana is expecte...
Corning picks TN over Telangana to set up Rs 1,000 cr smartphone glass factory
Corning picks TN over Telangana to set up Rs 1,000 cr smartphone glass factory
Source: IANS
2023-12-12 02:47:43 pm
Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers  The Tata Group is planning to build one of India's largest iPhone assembly plants in Tamil Nadu's Hosur, media reports said on Friday. According to the reports, the facility is expected to feature around 20 assembly lines and employ 50,000 workers within two years. The site is expected to be operational within 12 to 18 months. The move is considered as part of Apple's aim to expand manufacturing operations in the South Asian country. However, neither Tata Group nor ...
Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers
Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers
Source: IANS
2023-12-08 05:23:20 pm
NLC India jumps on starting biomass co-firing at Tamil Nadu plant NLC India is currently trading at Rs. 185.20, up by 3.50 points or 1.93% from its previous closing of Rs. 181.70 on the BSE. The scrip opened at Rs. 183.75 and has touched a high and low of Rs. 189.50 and Rs. 181.65 respectively. So far 94349 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 189.85 on 04-Dec-2023 and a 52 week low of Rs. 69.79 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs. 1...
NLC India jumps on starting biomass co-firing at Tamil Nadu plant
NLC India jumps on starting biomass co-firing at Tamil Nadu plant
Source: Accord Fintech
2023-12-06 12:42:11 pm
Apple iPhone maker Foxconn to invest $1.5 bn in India  Taiwanese contract manufacturer Foxconn plans to invest $1.54 billion in India, as the country doubles down on local manufacturing. In a stock exchange filing, Foxconn said that the investment will help it fulfil “operational needs.” The company, however, did not provide further details. Foxconn is the main assembler of Apple iPhones and both companies are keen to move away from China and create alternative supply chains. Foxconn already has an iPhone factory in ...
Apple iPhone maker Foxconn to invest $1.5 bn in India
Apple iPhone maker Foxconn to invest $1.5 bn in India
Source: IANS
2023-11-28 12:04:06 pm
NDDB to set up 2 lakh litres per day dairy in Tamil Nadu on turnkey basis The Tamil Nadu government has allowed Tamil Nadu Co-operative Milk Producers' Federation Limited to engage National Dairy Development Board (NDDB) to set up a two lakh litres per day hi-tech dairy at Namakkal on turnkey basis. The estimated cost of the project is Rs.89.29 crore, the state government said. According to the Tamil Nadu government, the project has been given to NDDB after considering its public sector status and its uniqueness in dairy infrastructure project execution f...
NDDB to set up 2 lakh litres per day dairy in Tamil Nadu on turnkey basis
NDDB to set up 2 lakh litres per day dairy in Tamil Nadu on turnkey basis
Source: IANS
2023-11-18 01:05:19 pm