NewsTechnology

Govt approval to Rs 2,339 cr worth FDI proposals

July 4th, 2007

The government on Wednesday approved 10 foreign direct investment (FDI) proposals involving total inflow of Rs 2,339 crore, including investment banker Morgan Stanley’s plan to invest Rs 1,894 crore in the country.   The FDI proposals approved by finance minister P Chidambaram relate to sectors such as stock broking, banking, chemicals, automobiles, information technology and […]


ActorsActressMoviesNews

Vandana is Srikanth’s wife

July 4th, 2007

The Madras High Court has restrained popular Tamil actor Srikanth from evicting his wife Vandhana from his residence. Justice V. Ramasubramanian passed the interim order on a suit filed by Vandhana to this effect. Two months back both the families of Srikanth and Vandhana approved of the marriage of the two and agreed to have […]




ActorsActressMoviesNewsSivaji - The Boss

Rajini’s boss, from South to North

June 30th, 2007

For the first time perhaps in the history of regional cinema Sivaji -The Boss starring superstar Rajinikanth has managed to go beyond the Tamil-speaking audience and make its presence felt pan-India and beyond. Though Sivaji is being screened without Hindi or English subtitles in north India, it has still managed 98 per cent occupancy in […]


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 […]


ActorsActressMoviesNewsSivaji - The Boss

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 […]