Tamil Nadu's 2.25 crore cotton spindle capacity is a sizeable target for Indian shippers aggressively cutting prices to compete with truckers, who have benefitted from the sliding price of crude oil.
PM Narendra Modi, meeting entrepreneurs from Coimbatore just ahead of a public meeting there, assured them of action on FTA with the European Union.
The results of the voting were not announced and will be produced in Madras HC which laid this condition and several others to allow conduct of AGM.
Analysts dub the results as in line with estimates, including anticipated losses caused by the Chennai floods.
TVS Motor company said its Board of Directors have approved in-principle an investment not exceeding 10 million Hong Kong Dollars in Hong Kong.
Real estate demand and supply levels in Chennai are at their respective five-year lows, pressured downside by oversupply and waning consumer demand and the Chennai floods.
AutoRaja's customer base has been dwindling over the past two months and a shutdown, which began in August, was completed about 45 days ago.
Chennai-based angel network The Chennai Angels has announced it has invested Rs 3.5 crore ($500,000 million) in home automation company Silvan Innovation Labs.
Private and state-owned sugar mills numbering 43 have not been able to adhere to the price bar the state government wants them to reach.
The company may set up a small solar farm at the plant or go for third-party purchase. Saint-Gobain is currently purchasing sand from global sites such as Egypt.
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