CHENNAI: The TVK-led govt will present its maiden budget on August 5, Assembly Speaker J C D Prabhakar announced on Tuesday.Addressing reporters at the Secretariat, the Speaker stated that the upcoming Assembly session will convene on August 5, with the presentation of the main budget scheduled for the opening day. A separate, dedicated Agriculture Budget…
Enforcement Directorate officials conducted searches at two Chennai locations on Tuesday morning (File Photo). CHENNAI: Officials of the Enforcement Directorate (ED) conducted searches at two locations in Chennai on Tuesday morning. The searches were carried out at the residence of a retired Regional Transport Office (RTO) Deputy Commissioner in Teynampet and at the house of…
The myHyundai app enables EV customers to access more than 30,000 charging points across India Chennai: Hyundai Motor India Ltd (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of…
Chennai: Indian Overseas Bank (IOB) is targeting to raise $1 billion under Foreign Currency Non-Resident (Bank) (FCNR (B)) deposits and Overseas Foreign Currency Borrowings (OFCBs). Of this, $650 million would be sourced through FCNR (B) deposits by Sept 2026. The public sector lender is betting on its overseas branches and NRI customers base.IOB MD and…
Chennai: Private sector Karur Vysya Bank (KVB) on Monday reported a 45% rise in net profit at Rs 756 crore in the quarter ended June 30, 2026, against Rs 521 crore during the corresponding quarter last year. Its advances crossed Rs one trillion during the quarter and stood at Rs 1,04,680 crore, which is a…
Jairam Varadaraj, managing director, Elgi Equipments Chennai: Global air compressor manufacturer Elgi Equipments has unveiled a new five-year strategic business plan targeting consolidated revenue of Rs 6,615 crore by FY31, up from Rs 3,951 crore in FY26, implying an annual growth rate of about 11%—more than three times the expected expansion of the global air…
CHENNAI: The implementation of the Pocso Act, which was brought in to protect children from sexual abuse, itself should not be allowed to become a further source of trauma to the child, the Madras high court has said.“The child cannot be repeatedly called to re-live the ordeal. As soon as possible, the child must be…
Chennai: In a jolt to AIADMK, supporters of former AIADMK minister C Ve Shanmugam from Villupuram district resigned from AIADMK en masse on Monday, signalling fresh trouble for the party. Shanmugam, however, has not resigned.There was tension at AIADMK headquarters when former Tindivanam MLA P Arjunan visited to submit the resignation letters of the protesting…
A 20-year-old history-sheeter was hacked to death by a four-member gang in Washermanpet, late on Sunday night. Police suspect previous enmity to be the motive and have launched a manhunt for the assailants. Chennai: A 20-year-old history-sheeter, Ajay alias ‘Baliyaadu’, of Otteri, was hacked to death by a four-member gang at Washermanpet late on Sunday…
Chennai: A 26-year-old category ‘A’ history-sheeter was shot in the leg and arrested on Saturday night after he attacked a head constable with a sickle while trying to escape during a police operation near Kavanur in Thirumudivakkam.The accused was identified as Karuppu alias Tamilazhagu, of Eswaran Koil Street in Thirumudivakkam. Police said he has around…
