Merged with ruling faction on Modi's advice: Panneerselvam

Feb 17 2018

Panneerselvam told AIADMK office-bearers in Theni district that he merged his faction with the ruling faction on the advice of PM Modi.

TN farmers welcome, political leaders oppose Cauvery verdict

Feb 16 2018

It was a mixed reaction in Tamil Nadu over the SC's judgment as TN farmers welcome, political leaders oppose Cauvery verdict.

DMK warns of intensifying stir against bus fare hike in TN

Jan 27 2018

The DMK staged state-wide agitations against the recent hike in bus fares in TN and warned of intensifying its protests if the revision was not rolled back immediately.

High level talks on for Rs 25,000 crore investment in TN: CM

Jan 13 2018

Tamil Nadu Chief Minister K Palaniswami said high level talks were on with 15 companies for attracting investment to the tune of about Rs 25,000 crore.

AIADMK leader Sasikala's husband surrenders before CBI court

Jan 11 2018

Sasikala's husband M. Natarajan surrendered before a CBI court here in connection with a case involving evasion of duty on the import of a luxury car from Britain.

TN announces Rs 750 cr for retirement dues of transport workers

Jan 10 2018

In an effort to pacify striking transport corporation workers, the Tamil Nadu govt announced that Rs 750 crore would be released this week towards retirement benefits.

TN Guv should have ordered floor test, say DMK and Dhinakaran

Jan 08 2018

Dhinakaran hit out at TN Governor Banwarilarl Purohit, saying rather than addressing the Assembly, he should have ordered the K Palaniswami govt to face a floor test.

DMK, Congress boycott Tamil Nadu Governor's address

Jan 08 2018

DMK, Congress boycotted Governor Banwarilal Purohits inaugural address to the TN Assembly and their MLAs trooped out of the House.

Panneerselvam appointed Leader of the House in TN Assembly

Jan 04 2018

Tamil Nadu Deputy CM and AIADMK Coordinator O Panneerselvam was appointed as the Leader of the House in TN Assembly, replacing School Education Minister K A Sengottaiyan.

DMK to back AIADMK MPs for AIIMS-style facility in TN: Stalin

Jan 04 2018

Stalin said his party's Rajya Sabha members would cooperate with their AIADMK counterparts in Lok Sabha for getting a facility on the lines of the AIIMS in Tamil Nadu.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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