NewsPolitics

Congress wrests Madurai West from AIADMK

June 29th, 2007

  DMDK candidate stood third with 21,272 votes. Twenty-five others lost their deposit JUBILATION: Congress candidate K.S.K. Rajendran (right), who won the Madurai West Assembly constituency byelection being greeted by M.K. Azhagiri, elder son of Chief Minister M. Karunanidhi, in Madurai on Friday. The Congress wrested the Madurai West Assembly constituency in the byelection with […]


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Chennai Court moved to stop screening of “Sivaji”

June 29th, 2007

Superstar Rajnikant-starrer Sivajihas run into a legal squabble over its script. The film may be a blockbuster but an assistant director has moved to court claiming he wrote the story. The Fifth City Civil court issued a notice to Sivaji’s director Shankar and three others and posted the hearing in a week. Sudalai K Jayarajadevan’s […]


BusinessNews

Summit HR to invest $5 mn in India

June 29th, 2007

California-based $375 million recruitment services company Summit HR plans to invest $5 million in India in the next 12 months.    Speaking at the launch of their Bangalore delivery centre here on Thursday, Summit HR Worldwide Chairman and CEO Ranjan Sinha told reporters that they were looking to acquire more mid-size recruitment services companies in […]


BusinessNews

Tatas to set up titanium plant in Tamil Nadu

June 29th, 2007

  The Tamil Nadu government Thursday signed a memorandum of understanding with Tata Steel for a Rs.25 billion titanium dioxide plant in Tirunelveli district. The plant, to come up in southern Tirunelveli, will have a production capacity of 100,000 tonnes of titanium dioxide, an official release here said. It will provide jobs to 1,000 people […]


BusinessNews

PE fund to buy 25% stake in Chennai container terminal

June 29th, 2007

Private equity firm Global Infrastructure Partners (GIP) said it has agreed to buy 25 per cent stake in Chennai Container Terminal Private Ltd (CCT) for an undisclosed sum. The stake will be acquired through GIP’s International Port Holdings (IPH) portfolio company, a GIP release said. CCT was built and developed by P&O Ports and is […]


BusinessNews

Metro Cash to open more outlets

June 29th, 2007

Metro Cash & Carry, a b2b multinational wholesaler catering to the needs of customers like hotels, restaurants, caterers, small retailers, service organisations and offices, will open its outlets in Mumbai and Kolkata soon. It is also on the lookout for other locations, including Delhi and Chennai. Talking to presspersons here on Thursday, Alan Clayton, Operations […]


BusinessNews

Sathyam Cinemas Selects Qube for All Screens of Its Flagship Multiplex at Chennai, India

June 28th, 2007

Sathyam Cinemas equips 6 screens with Qube XP-D DCI Compliant digital cinema servers and Barco DP-100 DLP Cinemaâ„¢ projectors The Qube XP-D digital cinema server has been installed in all six screens at Sathyam Cinemas flagship multiplex in Chennai, making the complex completely digital with DCI compliant systems. Qube provides end-to-end solutions for digital cinema […]


BusinessNews

Joyalukkas sets up outlet in Chennai

June 28th, 2007

Well-known jewellery retailer Joyalukkas Group, which has international presence, is toying with the idea of tapping the capital market with an initial public offer (IPO) next year. The Rs. 2,500-crore group is promoted by Joy Alukkas, a non-resident Indian from Kerala. Expansion binge The group has 16 jewellery showrooms in India, 34 in the Gulf […]


BusinessNews

Third party vendors drive fab push in India

June 28th, 2007

A fab fever is on the Indian horizon. Driving the trend are a host of third party manufacturing vendors such as SemIndia, Hindustan Semiconductor Manufacturing Corporation (HSMC), Nest Technologies, Videocon and India Electronics Manufacturing Corp. Many of them are being promoted by Indians, with the big semiconductor companies providing the technology. This is a trend […]


BusinessNews

Australian companies plan $4.5 billion investments in India

June 28th, 2007

Australian investors have lined up investments to the tune of $4.5 billion in India in the coming years, Aminur Rahman, consul general and trade commissioner of Australia in India, said. Australian companies have already invested over $1 billion into India and the new investments would make the country the fourth largest investor in India , […]


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Pirated CDs of Sivaji seized

June 26th, 2007

“Nearly 250 DVD’s of the Tamil superstar Rajnikanth’s latest blockbuster Sivaji film was seized at Kolar district of Karnataka state”, says distributor of Sivaji H.D.Gangaraju speaking to this journalist at his office on Monday afternoon in Bangalore. Karnataka Police today arrested five persons in Kolar on the charges of selling the pirated Compact Discs (CD) […]


MoviesNews

Director Jeeva dead

June 26th, 2007

  Well-known cinematographer and director Jeeva (43) died in Moscow today following cardiac arrest, family sources said. Jeeva was shooting for a Tamil film ‘Dhaam Dhoom’ starring ‘Jeyam’ Ravi and Kangana Raut in the Russian capital. He passed away at 3 am, the sources said. Jeeva started off as a camera assistant and turned cinematographer […]