Page 6 - Chennai

Titan lines up aggressive expansion plans for Tanishq, other brands: MD

Tata Group's Titan Company Ltd has drawn up aggressive expansion plans across its various brand verticals, especially jewellery vertical Tanishq and saree label Taneira this year, a top official said. The company is also planning to launch its exclusive ladies' handbag brand store 'Earth' sometime later this year, Titan's Managing Director C K Venkataraman said. Titan is a joint venture between the diversified conglomerate Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). Venkataraman was talking to reporters after unveiling one of the company's Helios watch stores along with the 59th jewellery store Tanishq and the 7th Taniera store at Pondy Bazaar, here. Taniera offers the best of Indian sarees under one roof. It offers handcrafted sarees along with a range of ready to wear blouses, kurtas, short tops among others, the press release said. The launch of the new brand outlets today marks a significant milestone in Titan's ongoing commitment towards aggressiv

This city in India has been ranked the most expensive for expats in 2024

The 2024 Mercer's Cost of Living survey assessed 226 cities based on the cost of more than 200 items, including transportation, food, clothing, entertainment

ESR buys 27-acre land in industrial, logistic park in Chennai for Rs 276 cr

ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The enlarged area of ESR Oragadam Industrial and Logistics Park now spans 107 acres with a development potential of 2.5 million square feet. "The additional Rs 276 crore (over USD 33 million) investment signifies ESR's dedication to bolstering Tamil Nadu's industrial landscape," the company said in a statement on Monday. ESR Oragadam Industrial & Logistics Park is strategically located in the heart of the Oragadam-Sriperumbudur cluster, which has witnessed robust growth in demand for Grade A assets. This latest expansion builds upon the success of ESR Oragadam's first two phases, which have welcomed many high-quality customers, such as electromechanical solutions provider CUBIC, automotive research and development firm A2Mac1, and speciality labelling company CCL. ESR India CEO Abhijit Malkani said, "ESR's expansion in Oragadam is a pivotal step in our

WeWork India enters Tamil Nadu market with Olympia Cyberspace in Chennai

Flexible workspace solutions provider WeWork India made its foray into the Chennai office space market with the launch of 'Olympia Cyberspace' facility in the city. Equipped with over 2,000 desks spread across 1.30 lakh sq ft land in Guindy, the company has expanded its presence in Chennai after New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune and Hyderabad. Chennai has emerged as a thriving business landscape across entrepreneurs, enterprises as well as Global Capability centres. There is a strong demand being witnessed from various industries including manufacturing, information technology, Information Technology enabled Services among others. With the opening of Olympia Cyberspace, WeWork India aims to provide innovative and collaborative work environment to meet the rising demand for flexible workspace solutions. "WeWork Olympia Cyberspace marks a pivotal moment in our expansion across South India. This strategic entry underscores the immense potential of Chennai's talent po

SpiceJet cancels Chennai flights till June 10, cites 'operational reasons'

Sources said that the airline has cancelled a total of about 60 flights until June 10 to and from the Chennai airport due to the aforementioned suspension

Embassy REIT secures Rs 1,200 cr debt to acquire business park in Chennai

Embassy Office Parks REIT has completed the acquisition of a 50 lakh square feet business park in Chennai for Rs 1,185 crore as part of its strategy to expand its office assets portfolio and grow business. The acquisition was funded through a debt of Rs 1,200 crore. In a regulatory filing on Monday, Embassy REIT informed that it has completed the acquisition of 'Embassy Splendid TechZone (ESTZ), a Grade-A business park in Chennai. The business park has 1.4 million square feet of completed buildings, besides under-construction area of 1.6 million square feet and 2 million square feet of future development potential. "The Rs 1,185 crore acquisition was funded primarily through a debt raise of around Rs 1,200 crore and internal accruals," it added. This acquisition increases Bengaluru-based Embassy REIT's total portfolio to 50.5 million square feet. Aravind Maiya, Chief Executive Officer of Embassy REIT, said the completion of this accretive acquisition facilitates the REIT's entry i

Fischer Medical Ventures makes India's first indigenous MRI system

Eyes acquisitions to broaden medical tech reach

South India office market on the fast lane driven by IT sector, GCCs

Real estate management firm JLL reports that the combined share of southern cities in India's annual net absorption has remained between 54-56 per cent during 2022 and 2023

Will roll out products from Chennai plant by H2CY24: Cisco's Chittilapilly

India is among the top ten markets for Cisco globally and with the new manufacturing plant in Chennai, the country is gaining even more prominence

Cricket-themed drinks to dishes: Chennai gears up to host IPL final

Interestingly, data by travel platform Ixigo shows non-stop flights from New Delhi to Chennai for this weekend are averaging Rs 18,000-20,000 for a one-way ticket compared to Rs 7,000 on any other day

IPL 2024 final: Which team will join KKR in grand finale on May 26?

Knight Riders have been impeccable this year, winning against all the teams and losing just three games at the league stage

Janhvi Kapoor opens Chennai family home for Airbnb's 'Icons' experience

Nestled in lush greenery, the Kapoor family home in Chennai spans over four acres

Rockwell to open new manufacturing unit in Chennai by first half of 2025

The 98,000-square-foot facility-with space for potential expansion-will help Rockwell build a more resilient, agile, and sustainable supply chain in the Asia Pacific region

Pakistani teen receives life-saving heart transplant in Chennai hospital

The hospital and Chennai-based NGO helped Pakistani family settle bill of more than Rs 35 lakh for the transplant

Chennai Central has lowest voter turnout of 8.59%: CEO Satyabrata Sahoo

The official voter turnout application of the Election Commission showed that the turnout in the southern state was 9.21 per cent at 9 a.m

Brigade Enterprises to invest Rs 400 crore to build office space in Chennai

Realty firm Brigade Enterprises Ltd on Monday said it will invest Rs 400 crore to build an office complex in Chennai. In a statement on Monday, Bengaluru-based Brigade Enterprises said it has entered into a Joint Development Agreement (JDA) with Agni Estates & Foundations Pvt Ltd to develop 'Brigade Tech Boulevard', a 'Grade A' office space on Pallavaram-Thoraipakkam Radial Road, in Chennai. "With an investment of around Rs 400 crore, the project will have a leasable area of 8.36 lakh square feet spread across two towers," it added. This will be the next commercial project launched by Brigade Group after the successful completion of the 'World Trade Centre' on OMR. Nirupa Shankar, Joint Managing Director, Brigade Enterprises, said, "Chennai is a diverse office market with demand from not only IT and ITeS sector but also from several other industry verticals including engineering, automotive and banking, etc." Offices that conform to sustainability, with seamlessly integrated ...

Bangalore and Chennai see rise in truck freight rates, shows data

Freight rates from Delhi to Trivandrum have seen a decline by four per cent, while from Delhi to Jaipur, there has been a decline by 10 percent, in this time period

IPL 2024: CSK vs KKR Playing 11 - Chennai make three changes in their XI

Deepak Chahar missed the match due to niggle while Matheesha Pathirana was not available for selection. Shardul Thakur, Sameer Rizwi and Mustafizur Rahman were the three changes in CSK's Playing 11

Pegatron in talks to hand over its only iPhone plant in India to the Tatas

Tata, one the largest conglomerates in India, will operate the joint venture through its Tata Electronics unit, the second source said

IPL 2024 CSK vs KKR preview: Post two losses,Chennai bank on home advantage

Defending champions Chennai Super Kings would expect a lot more from their top-order as they aim to get their campaign back on track against a power-packed Kolkata Knight Riders in the IPL here on Monday. Back-to-back defeats would not create panic in the forever calm CSK dressing room but the management will be keen to fix the flaws going ahead. Skipper Ruturaj Gaikwad and the highly rated Rachin Ravindra need to up their game to provide CSK the start they need in the powerplay. Gaikwad is striking at 118.91 while Ravindra will be itching to make an impact after not doing much in the previous two games. CSK's leading run scorer has been Shivam Dube who has tallied 148 runs at an impressive strike rate of 160.86. It remains to be seen if the young Sameer Rizwi is brought back into the team. The 20-year-old uncapped batter displayed promising intent in his six-ball 14 versus Gujarat Titans but a duck against Delhi Capitals in the subsequent game led to him being dropped against ...