ITC Ltd. completed yet another year of strong performance with Gross Turnover for the year growing by 20.2% to Rs.19505 crores. Net Turnover at Rs.12369 crores grew by 26.3% driven by the non-cigarette FMCG businesses, higher agri-business revenues and the continuing strong performance by the Hotels business. The non-cigarette portfolio grew by 37.6% during the […]
Ambattur Clothing to set up hotels, IT parks
The Rs. 500-crore Ambattur Clothing Ltd. (ACL) is making a `serious diversification’ attempt that will see it set up hotels, large residential housing projects and IT (information technology) parks. A definite re-entry into branded garments two years hence is also a part of this diversification exercise. The closely held company was founded by Vijay Mahtaney, […]
Tribe 10, Chennai to handle creative duties of Trigger Jeans
Trigger Apparel Ltd has appointed Tribe 10, Chennai for the creative duties for Trigger Jeans following a multi-agency pitch. The size of the business is estimated to be in the region of Rs 2 to 3 crore. Out of the six agencies that were invited for the pitch, three agencies were asked to make the […]
BJP MLA Renukacharya and nurse Jayalakshmi sleaze row turns murkier
Married BJP MLA’s ‘kissing’ photos surfaceAddressing the media in Bangalore, P V Jayalakshmi a nurse by profession who had recently made serious charges of blackmail against BJP legislator Renukacharya alleged that he had intimidated her into posing for provocative photographs.The Renukacharya-Jayalakshmi controversy turned murkier on Monday with the latter releasing three photographs that showed the […]
Beat the summer with cool fabrics
City folks have to put up with rising temperature which has given a spin to daily life in this metro. But some bold and imaginative youths have come out with a trendy attire made of cotton fabrics, thereby creating a new fad among the fashion conscious. Cotton garments are not just the in-thing on the […]
New Delhi works to downplay H-1B issue
India, worried that outsourcing of jobs could become an issue in the US presidential elections, is taking steps to ensure there is no repeat of 2004 when failed Democrat candidate John Kerry raised the bogey. “We have asked our diplomats and lobbyists to impress on potential presidential candidates to not make outsourcing a major issue,†[…]
Deutsche Bank turns to advisory service
Deutsche Bank ambassador and former cricketer Sunil Gavaskar paid a visit to the Chennai branch of the bank to interact with its customers on Friday. He was accompanied by Asha Mathen, regional head, Business Clients, Deutsche Bank. As part of the interaction, Gavaskar and Mathen met the top customers and also visited the offices of […]
Dayanidhi Maran’s tenure saw Indian telecom’s growth blossom
 Dayanidhi Maran’s proximity to DMK chief M. Karunanidhi secured IT and Communications Minister Dayanadhi Maran a berth in Prime Minister Manmohan Singh’s cabinet. And this proximity again cost him the job he landed in his very first term as an MP. For Maran, 40, the grand-nephew of Karunanidhi, politics was not the first choice […]
Why did Maran have to resign?
 Communications and IT Minister Dayanidhi Maran had to resign from the union cabinet as he is said to be up against the women of DMK patriarch and Tamil Nadu’s Chief Minister M. Karunanidhi’s family. The women here would be Dayalu Ammal, mother of M.K. Azhagiri and M.K. Stalin – Karunanidhi’s sons, his ambitious daughter […]
Good News: B.Com, BCA courses for the hearing-impaired
Presidency College will offer B.Com and BCA programmes exclusively for hearing-impaired candidates from the coming academic year. “Applications will be issued in the third week of May. We will take 15 students for each course,” Presidency College Principal S. Ramanathan said. The courses, to be offered in Tamil, will be taught free of cost. Teachers […]
Educational expo from today
The University of Madras will hold an educational exhibition from May 9 to 12 to inform students and parents about the courses on offer. Vice-Chancellor S. Ramachandran will inaugurate the exhibition at 10 a.m. on Wednesday. Details of admission requirements and salient features of courses offered by various departments will be displayed on the posters. […]
Sun TV aircraft purchase questioned
AIADMK supremo Jayalalithaa today questioned the “urgency shown” by the Director General of Foreign Trade in clearing the purchase of two aircraft at a cost 236.94 crore by Sun TV network recently. In a statement, she said the application submitted on December 12, 2006 had been cleared on January 5, 2007 in a “lightening speed”. […]
