State Level Bankers’ Committee (SLBC), Tamil Nadu Chennai: Tamil Nadu’s Annual Credit Plan (ACP) for the financial year 2026-27 has been fixed at more than ₹10.9 lakh crore, marking a 12% year-on-year increase over the previous year’s ACP of ₹9.8 lakh crore.State finance minister N Marie Wilson, who chaired the 186th State Level Bankers’ Committee…
Trichy: South Korean athletic footwear manufacturer TKG Taekwang India has received approval to invest Rs 514.7 crore in the first phase of a footwear manufacturing project at the Navalpattu Special Economic Zone (SEZ) near Trichy.The approval was issued by the Unit Approval Committee of the Madras Export Processing Zone (MEPZ), a Special Economic Zone under…
Sanjay Kaul, Group CEO & MD, GIFT City Chennai: The Gujarat International Finance Tec-City (GIFT City) is eyeing a major share of the aircraft leasing market. Currently, GIFT City has a portfolio of about 40 lessors comprising more than 220 aircraft and engines.Dominated by Dublin, the global aircraft leasing market was valued at $187 billion…
Chennai: Retail liquor prices in Tamil Nadu may increase soon, as distilleries and breweries supplying liquor varieties to Tamil Nadu State Marketing Corporation (Tasmac) have asked the state govt to increase the procurement price of Indian made foreign liquor (IMFL) and beer. If the request is acceded to, liquor prices will see a rise.There are…
Chennai: It’s been four years since the formation of Tambaram corporation. But, the basic civic grievances — water shortage, poor drain maintenance, lack of overhead tanks, encroachments, and stray dog menace — remain unresolved, councillors said at the corporation council meeting on Thursday.The first council meeting since the new state govt assumed office saw heated…
Chennai: Several areas will face a 24-hour disruption in piped drinking water supply for two days as Metrowater undertakes a major pipeline interconnection project.The disruption will affect areas including Kolathur, Jawahar Nagar, Sembium, Ayanavaram, Perambur, Korattur, Anna Nagar West Extension, Villivakkam and Anna Nagar West that fall within three zones—Thiru Vi Ka Nagar, Ambattur and…
Chennai: Several areas will face a 24-hour disruption in piped drinking water supply for two days as Metrowater undertakes a major pipeline interconnection project.The disruption will affect areas including Kolathur, Jawahar Nagar, Sembium, Ayanavaram, Perambur, Korattur, Anna Nagar West Extension, Villivakkam and Anna Nagar West that fall within three zones—Thiru Vi Ka Nagar, Ambattur and…
Chennai: Chennai recorded an all-time high electricity demand of 5,014 megawatts on Wednesday — surpassing the 5,000 MW mark for the first time — even as large parts of the city continued to reel under power cuts.According to TNPDCL, the peak demand was logged at 10.30 pm, breaching the previous record of 4,809 MW set…
Preliminary inquiries revealed that the deceased was aged around 30. Chennai: A guest worker died by suicide at a construction site in Porur on Thursday after slitting his throat using a power saw.According to police, construction work was underway at a house in Subbaiah Nagar, Ayyappanthangal, near Porur. A group of workers engaged in shuttering…
Chennai: The decomposed body of a railway employee was found inside his locked house in Kolathur on Thursday.Raghupathi, 52, a resident of Bhagavathy Amman Temple Street in Kolathur, worked as a locomotive driver. While his wife Priyanka was living in Salem, his daughter Sophia was staying with their relatives. Police said Raghupathi was seen last…
