Chennai: NBFC Sundaram Finance on Monday reported a 22% growth in Profit after Tax (PAT) at Rs 522 crore in the quarter ended June 30, 2026, against Rs 429 crore in the corresponding quarter last year.Its disbursements for Q1 FY27 rose by 22% to Rs 8,947 crore as compared to Rs 7,310 crore during the…
Dr Anantha Nageswaran, Chief Economic Advisor, Government of India Chennai: Flagging that “free is the most expensive word in public policy”, Chief Economic Adviser (CEA) Anantha Nageswaran said infrastructure built on the promise of free or below-cost services cannot attract patient capital.“What makes infrastructure worthy of patient capital? There are three conditions: quality infrastructure, contract…
Chennai: The Tamil Nadu Lokayukta recommended disciplinary action against 12 officers of TN Power Distribution Corporation Ltd (TNPDCL) for forcing consumers to pay for the replacement of faulty smart meters, instead of making the contractor replace them for free under warranty.The 12 officers are assistant engineers (AEs) C Chithreswari (Nandanam), T G Kumar (Selaiyur), C…
CHENNAI: Passengers travelling to and from Chennai Egmore will face major disruptions this month as Southern Railway is intensifying redevelopment work at the station. Nine express trains will temporarily originate from or terminate at Tambaram and Mambalam between Aug 5 and 20, while two weekly special trains will be diverted on select days. In addition,…
Organised under the banner-Miles of Smiles Run 2026, the event was aimed at promoting health and fitness. CHENNAI: More than 1,100 participants took part in a run conducted by Vidya Mandir Senior Secondary School in Besant Nagar here on Sunday. Organised under the banner Miles of Smiles Run 2026, the event was aimed at promoting…
Tiruchirappalli: Burying themselves neck-deep in sand on the banks of the Cauvery, farmers in Tamil Nadu staged a dramatic protest demanding the immediate release of river water from Karnataka for irrigation, accusing the neighbouring state of denying them their rightful share and jeopardising the Kuruvai crop.The protest was led by Farmers’ Association leader Ayya Kannu,…
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…
