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A fortnight ago, the Highways Department announced that work on building foot overbridges with escalators, on seven busy road stretches, would commence by April.
Greaves Cotton of Thapar group has sold its four-acre prime land at Thoraipakkam here to Radiance Realty Developers India Ltd (formerly NAPC Properties Limited). This is among the big-ticket realty deals concluded in the recent past in the Chennai market.
Tata Global Beverages and PepsiCo India have joined hands to make a foray into nutritious beverages space.
Noting that three out of four labour courts in the city are vacant and that the 12,000-odd cases pending before these courts are routinely given lengthy adjournments , a public interest writ petition has sought expeditious filling up of the presiding officers posts .
Two-wheeler maker TVS Motor Company has developed a new technology, automatic transmission, to deliver a compact engine layout that could be commonly used across product forms such as motorcycles, scooters and step-through bikes.
Following the deregulation of interest rates on non-resident (external) rupee (NRE) deposits by the Reserve Bank of India, many banks have queued up to increase the interest rates on NRE and NRO (ordinary non-resident) deposits.
A consortium of bankers has already sanctioned $100 million by way of ECB (external commercial borrowing) limit to Orchid Chemicals and Pharmaceuticals.
Tata Consultancy Services has decided to expand its operations in Maharashtra by building a new software development campus in Nagpur with an investment of Rs.600 crore in the first phase.
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