Chennai: Veteran CPI leader C Mahendran on Thursday joined chief minister C Joseph Vijay’s Tamilaga Vettri Kazhagam. He formally inducted himself into the two-year-old party at its headquarters in Panaiyur.He told reporters after joining that Vijay has given hope that a corruption-free govt was possible. Mahendran recalled his lifelong association with CPI and said despite…
Chennai: Launching a scathing attack on the 38-day-old TVK govt, AIADMK general secretary Edappadi K Palanisami said the governor’s address lacked substance. He accused the govt of failing on all fronts, particularly law and order and agrarian welfare. He also ruled out the political entry of his son Mithun.Palanisami told reporters after the governor’s address…
The upcoming Chennai facility will cater to growing domestic demand and export markets for fastening products Chennai: YKK India, the Indian arm of Japanese fastening products maker YKK Corporation, will invest $150 million to set up a new manufacturing facility at Origins by Mahindra, Chennai.The proposed plant, YKK India’s third manufacturing facility in the country,…
Gilles Bariguian, global CEO of Delsey Paris Chennai: French luggage and travel accessories brand Delsey Paris is exploring opportunities to deepen sourcing and contract manufacturing partnerships in India as part of a broader strategy to double its India business from its current level of under €10 million by 2030, even as it acknowledges that China’s…
FCNR(B) accounts nosedived to $900 million in FY26 Chennai: After three consecutive years of growth, net inflows under Foreign Currency Non-Resident (Bank) [FCNR(B)] accounts nosedived to $900 million in FY26 from $7.1 billion in FY25. The 87% year-on-year decline, the sharpest since 2022-23, comes despite the rupee weakening over the past year. Meanwhile, major banks…
Chennai: In a visible sign of tension within the DMK-led alliance, MDMK legislators T M Rajendran and R Senthil Selvan, elected from Kadayanallur and Sirkazhi on DMK’s ‘rising sun’ symbol, have been moved to separate seats in the TN assembly, away from DMK members where they previously sat.The reassignment took effect on Thursday, the first…
Chennai: Tamil Nadu govt on Thursday said it was taking necessary legal steps to stop Karnataka’s Mekedatu dam project and ensure Tamil Nadu receives its due share of Cauvery water on time.In his maiden address to the assembly, Governor R V Arlekar said the state continued to struggle every year to secure Cauvery water despite…
Chennai: Leader of the opposition Udhayanidhi Stalin on Thursday said the governor’s address in the assembly was a sign of an `understanding between TVK and BJP.’ He accused chief minister Vijay of `panic buying MLAs’ to keep his govt afloat and alleged that DMK govt’s flagship ‘Naan Mudhalvan’ scheme was renamed.“Governor read out the complete…
Chennai: Tamil Nadu govt on Thursday said it is firmly committed to rooting out corruption and ensuring an honest, transparent and clean administration by bringing all departmental procurements and public tenders under stringent monitoring mechanism. “Interference of middlemen and illegal gratification practices that prevailed hitherto will be eliminated,” Governor R V Arlekar said, while reading…
Chennai: Tamil Nadu will soon notify a new industrial policy with special incentives to attract fresh domestic and foreign investment besides setting up a Tamil Nadu Investor Promotion Commission (TIPC) chaired by the chief secretary to draw multinational companies.In his maiden address to the assembly, governor R V Arlekar said the state aims to become…
