Tag: Chennai

Reserve Bank of India (RBI) Governor Shaktikanta Das(Reuters)
Posted in Business

RBI Governor Shaktikanta Das hospitalised in Chennai: Report

Nov 26, 2024 09:38 AM IST An RBI spokesperson was quoted as saying Das experienced acidity issues and has been admitted for observation Reserve Bank…

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Chennai Metro: Cabinet approves phase-II of Chennai Metro at Rs 63,246 crore
Posted in Economy

Chennai Metro: Cabinet approves phase-II of Chennai Metro at Rs 63,246 crore

The Union Cabinet approved the second phase of Chennai metro on Thursday. The 119-km network will be built at a cost of Rs 63,246 crore,…

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Samsung plant protests: A motorcyclist rides past Samsung company plant in Sriperumbudur, on the outskirts of Chennai.(AP)
Posted in Business

Samsung plant protests: 600 staff and union members detained. Top updates

Oct 01, 2024 02:09 PM IST The protest has lasted four weeks, significantly impacting the Chennai plant, which contributes notably to Samsung’s revenue in India….

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Cisco's Chennai facility opens with a multi-year investment plan to enhance production capabilities. The site, developed with Flex, aims to generate USD 1.3 billion yearly and create 1,200 jobs, focusing on advanced routing technology.(AFP)
Posted in Business

Cisco’s first manufacturing facility in India at Chennai to create 1,200 jobs

Cisco on Friday inaugurated its first manufacturing facility in India at Chennai, setting into motion a multi-year investment plan, as the network equipment maker pledged…

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Security personnel stand guard at Samsung India's plant in Sriperumbudur, near Chennai on September 11, 2024, as workers stage a protest to demand higher wages and recognition of their union.(R.Satish Babu/AFP)
Posted in Business

‘No work, no pay,’ possible termination: Samsung warns striking Indian workers as row escalates

Samsung Electronics has warned its striking workers in southern India they will not receive wages if they continue protesting and also face the risk of…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Udemy: Chennai R&D centre to drive Udemy’s growth in India: country head

San Francisco-based online learning platform Udemy is looking at accelerating growth in the India market, both in individual and enterprise user numbers, said Vinay Pradhan,…

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Figurines with computers and smartphones are seen in front of Cognizant logo in this illustration taken, February 19, 2024. (Dado Ruvic/Reuters)
Posted in Business

Cognizant puts India HQ at Chennai for sale, estimated price is between ₹750-800 crore: Report

IT major Cognizant has put for sale, its Chennai property which currently serves as its India headquarters, the Times of India reported, adding that the…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

space startup: Tamil Nadu-based space startup successfully launches first reusable hybrid rocket RHUMI

Tamil Nadu-based startup Space Zone India on Saturday launched its first reusable hybrid rocket, Mission RHUMI-2024, onboard a mobile platform to take up research on…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Zoomcar: Zoomcar plans to launch 100 fulfilment centres by December-end

Self-drive car-sharing platform Zoomcar on Friday said it has launched its first fulfilment centre in Chennai and plans to add more than 100 such centres…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

saas startups: Chennai stands prominently as the capital of SaaS in the country: TN minister

Digital Connexion set up its new data centre in the city on Friday aimed at serving the critical infrastructure needs of enterprises and digital service…

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