MD and CEO Ajay Kumar Srivastava spoke about the bank’s growth, expansion and new initiatives in TN The current financial year 2026-27 will mark a milestone for Chennai-headquartered Indian Overseas Bank (IOB) as it prepares to announce dividends after a gap of 12 years. TN contributes to one third of the business, and makes up…
Chennai: A 23-year-old accountant employed at a travel company in Anna Nagar jumped from fourth floor of the company building while trying to evade assault over a suspected ₹30 lakh financial misappropriation on Sunday. He succumbed to his injuries at a private hospital later in the day.Preliminary investigation revealed that around ₹30 lakh was misappropriated…
Members of the Tibetan community and supporters participate in a peace march demanding a free Tibet and protesting China’s ‘Promoting Ethnic Unity and progress Law’, in Chennai on Sunday. Chennai: A group of nearly 100 Tibetans from across Tamil Nadu and Karnataka on Sunday conducted a peace march against China’s ethnic unity and progress law,…
Chennai: Abandonment of pedigree dogs such as pugs, great danes and others has been on the rise across the city. In just 10 days, more than 50 pedigree dogs have been dumped on roadsides and outside animal shelters, adding further pressure on facilities operating at full capacity. Animal welfare activists say GCC’s microchipping initiative failed…
Chennai: A mounting debt burden of ₹3,500 crore has left Greater Chennai Corporation (GCC) with little room to fund major infrastructure projects on its own. Against this backdrop, the World Bank is set to finance a new slate of civic projects in Chennai.World Bank officials recently met GCC commissioner G S Sameeran. They agreed to…
Chennai: Suspensions and warnings from ministers appear to have done little to deter TASMAC staff, as overcharging continues unabated at liquor outlets across the city. Employees have now begun accepting cash to avoid scrutiny.TOI found that the overcharging persists despite repeated complaints and official action. A customer at the elite shop number 422 on Nelson…
Chennai: A 56-year-old mattress trader drowned after his autorickshaw plunged into Krishna canal near Uthukottai in Tiruvallur district on Saturday.Police said Murugesan, 56, of Surapet near Puzhal, and his associate, Suman, 44, travelled from village to village selling mattresses. On Saturday, they finished work at Ponthavakkam near Uthukottai and stopped near Krishna canal. While Suman…
32-year-old dies, friend injured in accident Chennai: A 32-year-old man died, and his friend suffered severe injuries after a lorry hit their motorcycle on the Vandalur-Minjur Outer Ring Road near Kundrathur. The lorry driver, Ramesh Kumar, 43, has been arrested.The victim, identified as Sundar of Ramanathapuram, was travelling from Pallavaram towards Avadi with his friend…
Ex-SBI officials among 8 convicted in bank fraud case, get 10 years RI Chennai: Nearly 15 years after the State Bank of India (SBI) was defrauded of ₹1.97 crore, a special CBI court has convicted eight people, including two former bank officials, sentencing each to 10 years of rigorous imprisonment and imposing fines ranging from…
The India-UK Comprehensive Economic and Trade Agreement (CETA) will dismantle tariffs that had long eroded the competitiveness of Indian goods For years, Tamil Nadu’s manufacturers had the factories, skills, export infrastructure and networks to compete in the UK. What was absent was a level playing field. The India-UK Comprehensive Economic and Trade Agreement (CETA), which…
