The acquisition of the hospital, with 250 beds, will mark Meenakshi Mission's entry from the tier-2 city of Madurai into the Chennai healthcare market.
Transporters employ a variety of methods for safe shipping even now - a week after trucks registered in both states began to ply across the border.
This is Ventureast’s sixth fund, taking total money under management over Rs 2,660 crore ($400 million).
Total business, including exports and imports done by Tiruppur, in the fiscal gone by was around Rs 36,000 crore.
The AGM was incidentally taking place a day after the company's founder-promoter Jignesh Shah was reportedly denied bail and remanded to judicial custody.
Automakers Hyundai, Ford and the Renault-Nissan alliance running their factories off Chennai have begun using the sea route for transporting their cars within the country.
The trigger for the probe that began last Monday was the discovery of Rs 4.77 crore in cash and currency counting machines in April.
App-based aggregators have rapidly expanded in the city and micro-pockets of business like far-flung IT office complexes and automotive hubs near Chennai.
Cotton prices had zoomed close to Rs 50,000 a candy over the last few months after reports of short supply coupled with frenzied speculation by traders.
There was more bad news in store for the former minister Viswananthan as he was removed from all the major party posts he was holding.
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