“The coin is also used for commuting and remains prevalent, particularly in rural parts of India,” he said.Karthick Jonagadla, smallcase manager and MD & CEO of Quantace Research, said UPI has significantly reduced the need for cash in many parts of India, especially in cities and for routine payments. However, it has not eliminated the…
Chennai: Tiruvallur police on Friday arrested the labour contractor accused of recruiting minor workers with forged identity documents for the seafood processing factory where an ammonia gas leak killed 14 workers earlier this week. A total of four people have been arrested in the case so far. The arrested man, identified as Suresh, recruited guest…
Chennai: Taiwan-based electronics manufacturing company Hon Hai Technology Group (Foxconn) has made an investment of $37.2 million (approx Rs 350 crore) into its India arm, Foxconn Hon Hai Technology India Mega Development.The investment was made through its Singapore-based subsidiary, Foxconn Singapore, by acquiring 351.7 million additional units at Rs 10 per share, it informed exchange…
Chennai: City traffic police have announced traffic diversions on L B Road from Saturday in view of underground metro rail construction work.The stretch between Indian Oil Petrol Bunk signal junction and L B Road-M G Road junction will remain closed to traffic from June 27. Buses and other heavy vehicles travelling from Thiruvanmiyur towards Thiru…
Surrogacy: HC frames guidelines to clear child custody applications Chennai: Madras high court has issued guidelines for magistrates who deal with custody and parentage applications in surrogacy cases. The court has said that such applications must be disposed of in four weeks unless a deeper scrutiny is required where fraud, fabrication of documents, involuntary consent…
Omjasvin.MD@timesofindia.comThe state’s Secretariat is buckling under mounting footfalls, haphazardly parked vehicles, absence of washrooms and drinking water facilities, besides poor canteens.With scores now coming to greet the new chief minister and ministers, the corridors are packed to the rafters. Officials say the daily footfall at the complex located on the 400-year-old Fort St George campus,…
Chennai/Trichy:DMK chief MK Stalin is facing growing pressure from the party leaders to contest the upcoming Trichy East by-poll to enable his return to the Tamil Nadu assembly.Stalin has indicated that such a proposal was under consideration, though the party has not finalised the plan. “No decision has been taken in this regard. Will let…
Chennai: School Education Minister A Rajmohan on Friday strongly criticised a series published by the DMK’s mouthpiece targeting CPM State Secretary P Shanmugam, calling it unacceptable. He noted that the veteran communist leader has spent decades fighting for the rights and welfare of the working class, making the opposition party’s malicious campaign against him deeply…
MDMK general secretary Vaiko Chennai: MDMK is likely to make a formal announcement of its exit from the DMK-led Secular Progressive Alliance after its general council meeting on Saturday. Senior MDMK functionaries told TOI that members of the committee unanimously backed the proposal to quit the alliance. Meanwhile, one of the two MDMK MLAs who…
Chennai: Tamil Nadu human resources management minister D Sarathkumar on Friday denied allegations of drug use after a two-year-old video resurfaced on social media, showing him arranging a white powder-like substance on the surface of a mobile phone using an ATM card and holding a currency note.“I was crushing a tablet meant for my daughter…
