Thirumalai Madhavnarayan, CEO and director of IITM Global After initial success in deep-tech incubation, IIT Madras has sets its sights on global expansion to support startups in entering new markets, funding, and corporate partnerships. In an interview, Thirumalai Madhavnarayan, chief executive and director of IIT-M Global (IIT Madras Global Research Foundation), said that they are…
With the West Asia crisis dealing yet another blow to Tamil Nadu’s micro, small and medium enterprises (MSMEs), industry bodies are drawing on lessons from past disruptions to navigate the latest bout of geopolitical volatility. The state is home to one of India’s largest MSME ecosystems, spanning sectors such as leather products, engineering goods, automobiles,…
Chennai: India should focus on its current strengths and aim for global leadership on design, outsourced semiconductor assembly and testing (OSAT), advanced packaging, and critical semiconductor materials, including wide bandgap and advanced packaging materials, rather than chasing the wafer race, according to a NITI Aayog report released on Friday.The report argued that it should prioritise…
For generations of Tamilians, the aroma of freshly brewed filter coffee has been part of the morning ritual. Long before café chains arrived, the Salem-based brand Narasus had become a household name, aided by iconic ads, including the memorable “Besh besh… romba nanna irukku” catchphrase popularised by comedian Usilai Mani and campaigns featuring Aachi Manorama…
Chennai: India’s battery electric vehicle (EV) market accelerated in May, with registrations increasing both year-on-year and month-on-month amid higher fuel prices announced during the last week of the month. The uptick comes after April defied the usual post-March slowdown, underscoring sustained demand across segments. Electric two-wheelers (e2Ws) are set to reach a key milestone, with…
Chennai: Veranda Learning Solutions reported a net profit of Rs 129.7 crore for FY26, compared to net loss of Rs 251 crore in FY25, marking its first full-year profitable year since listing since 2022.Its revenue from operations for the financial year increased 35% on a yearly basis to Rs 482 crore. EBITDA increased 135% and…
Chennai: With hardly a day left to apply for revaluation, parents of CBSE Class XII students continued to face issues with the web portal on Sunday — from pages freezing to unending reloading. “The deadline is likely to be extended to another day,” a school head said. CBSE regional office said that the issues were…
Multi Level Parking by Greater Chennai Corporation at T Nagar in Chennai Chennai: The multi-level car parking facility at T Nagar, inaugurated in 2021, is set to be revamped by Greater Chennai Corporation (GCC) so that all designated floors can be used with revised parking charges. The maintenance work at the facility will include replacing…
Chennai: South Central Railway has extended the temporary changes in the origination and termination of four unreserved MEMU passenger train services from Tirupati to Tiruchanur until June 6.According to a release, Arakkonam–Tirupati MEMU Passenger train (66043), which leaves Arakkonam at 9.15am, will terminate at Tiruchanur at 11.45am instead of Tirupati. Tirupati–Moore Market Complex MEMU Passenger…
Chennai: G S Sameeran, Greater Chennai Corporation commissioner, on Saturday inspected the functioning of biogas plants at Madhavaram and Anna Nagar.At Chinna Sekkadu, Madhavaram, the commissioner reviewed two biogas projects set up under a public-private partnership model. The facilities, spread across five acres and three acres, respectively, each have the capacity to process 100 tonnes…
