Business

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Unveiling Suryadev’s Fe550D CRS TMT Bars, Forged to Conquer Corrosion

Chennai, 11 May 2024 Suryadev Alloys and Power, a key player in the Indian steel industry and a leading player in Tamil Nadu, has launched Fe550D CRS TMT bars that offer unparalleled anti-corrosion properties. Suryadev Fe550D CRS TMT bars are meticulously crafted from high-quality iron ore and are enhanced with …

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Sonalika drives into FY’25 with staggering 11,656 overall tractor sales and gains market share in April’24

Chennai, May 2024 After an unprecedented success in FY’24 with the highest ever annual overall market share, India’s No. 1 tractor export brand Sonalika Tractors is excited to have commenced its FY’25 journey with a robust new platform. The company has clocked a record 11,656 overall tractor sales and has continued to …

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This Akshaya Tritiya, De Beers Forevermark sees strong demand in South India

Chennai, May 06, 2023 – De Beers Forevermark, the leading and trusted diamond brand is upbeat on a strong sales volume this Akshaya Tritiya from South India which is a top performing market in the country. The brand has observed a significant uptick in consumer demand in the region, a trend it has spearheaded with its …

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Indigo to commence Direct Flights between Chennai and Durgapur, thrice weekly, from 16th May 2024

Chennai, May 9, 2024: Kazi Nazrul Islam Airport (Durgapur Airport) is pleased to announce the commencement of thrice weekly direct flights between Chennai and Durgapur, operated by Indigo, starting Thursday, 16th May 2024. The introduction of direct flights between Chennai and Durgapur comes as a significant development for individuals seeking …

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Spinny expands its presence in Chennai with one-of-its-kind experiential hub, Spinny Park in Chennai

Chennai, May 09, 2024 With the continuous mission to strengthen innovation and earn trust by improving the car buying and selling experience in Tamil Nadu, Spinny, India’s leading full-stack used car platform, has expanded its fifth Spinny Park, an experiential hub, located in OMR, Sholinganallur, Chennai. The park concept enhances the car-buying …

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Eternal blessings with Platinum jewellery for Akshaya Tritiya this Year 

Tamil Nadu: Celebrated as one of the most auspicious occasions in Hindu culture, Akshaya Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on May 10th2024. As the celebrations around Akshaya Tritiya …

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Micron Foundation and the United Way of Hyderabad Collaborate to Foster Excellence in Education through URAM Scholarships

Bengaluru, India, May 2024: The Micron Foundation has partnered with the United Way of Hyderabad (UWH) to provide scholarships to 60 of the brightest students from India’s leading engineering institutions, offering them a path towards academic excellence and a brighter future. These scholarships, which will be awarded as part of …

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Indian Bank Financial Results for the Quarter/Year ended as on 31st March 2024

Key Highlights (Quarter ended Mar’24 over Mar’23) Bank’s Global Business reached ₹12.22 lakh Cr, up by 12%YoY • Net Profit up by 55% YoY at ₹2247 Cr in Mar’24 from ₹1447Cr in Mar’23 • Profit Before Taxes up by 111% YoY at ₹3057 Cr in Mar’24from ₹1452 Cr in Mar’23 • Operating Profit improved by 7% YoY to ₹4305 Cr in Mar’24from ₹4016 Cr in Mar’23 • Net Interest Income increased by 9% YoY to ₹6015 Cr in Mar’24 from ₹5508 Cr in Mar’23 • Fee based income grew by 6% YoY to ₹970 Cr in Mar’24from ₹914 Cr in Mar’23  • Return on Assets (RoA) up by 33 bps to 1.15% in Mar’24from 0.82% in Mar’23 • Return on Equity (RoE) increased by 358 bps to 19.06% inMar’24 from 15.48% in Mar’23 • Yield on Advances (YoA) up by 64 bps to 8.81% in Mar’24from 8.17% in Mar’23 • Yield on Investments (YoI) increased by 26 bps to 6.88% in Mar’24 from 6.62% in Mar’23 • Gross Advances increased by 13% YoY to ₹533773 Cr in Mar’24 from ₹473586 Cr in Mar’23 • RAM (Retail, …

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Gear Up for Adventure this Summer: Nexus Vijaya Mall Introduces Army Boot Camp for Kids Under 14

Chennai: Prepare for an Action-Packed Summer as Nexus Vijaya Mall is thrilled to announce the launch of an exhilarating Army Boot Camp exclusively designed for kids under 14. Set to commence until May 26th, this immersive experience promises an adventure-packed journey for young recruits. Scheduled every day from 1:00 PM to 9:00 PM, the Army Boot Camp …

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Navin’s ‘Homes Worth more than Gold Campaign’ to Mark this Akshaya Tritiya

Chennai: Navin’s, the most Trusted Brand has announced a new campaign to mark the auspicious occasion of Akshaya Tritiya. The Akshaya Tritiya campaign is across Navin’s fast move-in 2 & 3 BHK homes across Chennai at Medavakkam, Thirumudivakkam & Valasaravakkam. For Homebuyers who’s looking for a quality homes with values that …

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