Star Health targets Rs 24,000cr GWP in FY27, shrugs off MTM volatility

Chennai: Star Health and Allied Insurance said it remains focused on long-term growth despite rising medical inflation and periodic mark-to-market volatility in its investment portfolio. The geopolitical tension-induced correction in the equity markets resulted in the standalone health insurer reporting mark-to-market losses of Rs 558 crore in Q4FY26, leading it to report a loss of…

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Tambaram residents protest water charge hike

Chennai: Tambaram corporation tripled monthly water charges and connection deposits despite supplying water only twice a week. This has triggered widespread anger among residents’ welfare associations. People accused officials of imposing the steep hike without public consultation or notice. Tambaram, which requires around 130mld (million litres a day) of water for its 10 lakh residents,…

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Won’t allow indirect bid to bring PM SHRI: Rajmohan

Chennai: There will not be any indirect attempts to implement Prime Minister’s Schools for Rising India (PM SHRI) in Tamil Nadu, school education minister Rajmohan told mediapersons on Tuesday.Rajmohan also criticised the practice of the Centre withholding funds over non-implementation of PM SHRI in the state and said: “These funds are meant for students, not…

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New GCC commissioner aims to make Chennai safer

Chennai: Making Chennai safer and more accessible for pedestrians will be among the top priorities of Greater Chennai Corporation’s new commissioner, Dr G S Sameeran. The 2012-batch IAS officer, who assumed charge on Tuesday, told TOI that his immediate priorities also include flood mitigation, civic preparedness and curbing stray dog menace. G S Sameeran replaced…

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