Chennai: PMK president Anbumani Ramadoss was unanimously re elected as PMK president for another year at the party’s general council (GC) on Wednesday. The incumbent general secretary Vadivel Ravanan and treasurer M Thilagabama will also continue as general secretary and treasurer for another year.This was the first GC meeting held after PMK founder S Ramadoss…
KARUR: The Directorate of Vigilance and Anti-Corruption (DVAC) registered a case against former DMK minister V Senthilbalaji on Wednesday in connection with alleged large-scale irregularities in the functioning of Tasmac between 2021 and 2025. He was also questioned by DVAC sleuths in Chennai. Simultaneously, DVAC officials conducted searches at 45 locations across Tamil Nadu linked…
Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister participated during a special lecture on “The Art of Doing Economic Reforms†held at M O P Vaishnav College for Women, Nungambakkam, Chennai on Wednesday. Chennai: Reforms in the process for reclaiming underlying shares and unclaimed dividends have led to a significant clearance…
Ajay Anand, Partner, Anicut Capital, Chennai: Anicut Capital has launched its second early-stage fund, targeting investments in consumer, enterprise technology, deep tech and financial services startups, with a target corpus of Rs 175 crore.The alternative asset management company is nearing the first close of the fund, having secured Rs 65 crore from existing investors, predominantly…
Freehand founders Abhijeet Manohar and Nitin Jayakrishnan Chennai: Freehand, an AI startup focusing on autonomous supply chain management, has closed $75 million. It aims to capture enterprise spending on legacy software and outsourced labour in the supply chain with its autonomous agents that make decisions and take action. Agents can negotiate rates, enforce contracts, manage…
CHENNAI: Amid complaints of inflated power bills by domestic consumers, the Tamil Nadu Power Distribution Corporation (TNPDCL) has identified 3.70 lakh services where high variation in consumption charges has been recorded.In a circular to all distribution circular, TNPDCL chairman Arun Roy has instructed all field officials right from chief engineer to assistant engineers to physically…
CHENNAI: Streets in Tamil Nadu’s market value guideline register will now be classified as commercial, mixed-use and residential based on the share of commercial electricity connections, as part of a correction exercise ordered by the registration department to address eight categories of anomalies identified by a high-level committee. Officials, however, said manpower shortages could affect…
SALEM: The Attur rural police in Salem district arrested a man on charges of deceiving some women into tonsuring their heads to prevent what he called the “Omega infection.” He had convinced them that those who tonsured their heads would receive “cash rewards” from the state govt. The arrested man has been identified as M…
Aluminium products’ manufacturing capacity is being expanded to meet the growing demand from automotive OEMs. Chennai: Craftsman Automation Ltd, a manufacturer of auto components, plans to invest Rs 250 crore to expand its aluminium products manufacturing capacity at Hosur, Tamil Nadu, to meet rising demand from automotive original equipment manufacturers (OEMs) in southern India.The Coimbatore-headquartered…
The verification drive would continue for seven days CHENNAI: The Greater Chennai Corporation on Wednesday began verification of EVMs used in 14 polling booths in Kolathur assembly constituency in the recent election following a petition filed by former chief minister and DMK president M K Stalin. Stalin lost the seat to Tamilaga Vetri Kazhagam’s V…
