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 […]

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 […]

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 , […]

“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) […]

  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 […]

A world leader in wireless solutions, Research in Motion (RIM) on Tuesday introduced its smallest and lightest smartphone ‘BlackBerry Curve’, which will be available from Airtel and Hutch. Introducing the large display, easy-to-use keyboard and intuitive trackball navigation system, RIM Vice-President for Asia Pacific region Norm W K Lo said that ‘Blackberry Curve combines consumer […]

Loyola College of Chennai will represent India in the annual competition of the US-based Students in Free Entrepreneurship (SIFE), a world body promoting community projects among students. Students from 48 nations will participate in the three-day event to be held from October 10 in New York this year. The college recently won the national-level competition […]

PayPod Technologies, a US-based IT solutions provider with offshore development facilities in Chennai and Minsk, Belarus, has launched a technology-driven advertising service to tap the growing Indian market for ad space on the Internet. Targeted at the advertising and publishing industry in India, PayPod’s Digital Advertising Network solution will help deliver ads on the Internet […]

Gartner says phones are largest piece of country’s overall rising electronics manufacturing revenue India’s mobile handset production is growing fast, fueled by rapid growth in the number of mobile subscribers in the country. India produced nearly 31 million mobile phones last year, at a value of about US$5 billion, according to a report by Gartner […]

The percentage of households in Chennai that are financially at risk due to ineffective saving habits and misplaced financial optimism is very high, according to a recent study. As much as 99.9 per cent of households in the city felt that they could not survive for more than one year on their current savings in […]

Victorious: Radhika Sarathkumar and G. Jayachitra at the biennial election of the Film and Television Producers Guild of South India in Chennai on Sunday. Ms. Jayachitra (right) was elected president of the Guild. Actor-director turned producer G. Jayachitra was elected president of the Film and Television Producers’ Guild of South India at its 42nd biennial […]

Seated between Prime Minister Manmohan Singh and Congress president Sonia Gandhi, United Progressive Alliance (UPA) candidate Pratibha Patil Saturday filed her nomination to fight the presidential election in which she will be pitted against Vice President Bhairon Singh Shekhawat. The 73-year-old former Rajasthan governor was in a yellow silk saree with red border as she […]