Premium products, more focus on global markets key for growth and profitability: TVS Motor Company
TVS Motor Company believes that many products in its new BS6 line up have first-in-class and best-in-class features to attract young customers. It believes that TVS Apache, TVS Ntorq and the electric TVS iQube will all help i
Our initial plan for 14% growth has to be reworked: Girish Radhakrishnan, CMD, United India Insurance [Interview]
In the coming months, we expect Covid- 19 claim costs to plateau and then curve downward due to development of treatment protocols, leading to less hospitalisations, increased recovery rates and shortened hospital stays.
Employment during Covid-19 pandemic: Hyundai to hire upto 1,800 apprentices to ramp up output
A Hyundai Motor India (HMIL) spokesperson told FE that the company has started the process of hiring for its Irungattukottai plants. The selected ones will be undergoing training at classrooms and on the job.
Lockdown Recovery: Two-wheeler sales pick up in June 2020, Hero MotoCorp sold over 4.5 lakh units
Demand recovery was largely driven by a personal vehicle preference along with high disposable income in the rural market due to a good harvest, according to analysts. The overall volumes were resilient with a minimum declin
Google seeks patent for mobile device security for e-payments
According to the company, the technology which is related to managing registration for electronic payment could detect fraud vectors.
Chennai records highest number of cyberattacks in India, says report
Experts at K7 Labs predicted that the number of Covid-19-themed attacks and complex Trojan attacks would continue to increase in the next quarter.
Lift majors roll out steps to help users beat Covid challenges
Johnson Lifts has come up with an innovation that ensures users are able to operate lifts without touching the lift buttons.
Manufacturing, services, wholesale & retail trade to see weakest hiring plans for July-Sept: Manpower survey
Hiring prospects weakened in all four regions — north, south, east and west — when compared with the previous quarter, including decrease of nine percentage points in two regions, the north and the east.
Lift majors roll out innovative measures to help users beat Covid-19 challenges
From escalator handrail sanitisers to elevator remote call using WhatsApp, to elevator air purifiers to a smartphone app that allows for contact-free operation of lifts, the list is ‘heavy’ of solutions that support peopl
Tamil Nadu Government writes to 11 global auto giants including Tesla to seek investments into state
Tamil Nadu is already a home to multinational automobile companies such as Hyundai, Ford, Peugeot, BMW, Daimler and Renault-Nissan, among others. This is the third in a series of letters to global business tycoons personally
Tamil Nadu brings ordinance to allow private market yards for farm produce
The ordinance which seeks to amend the Tamil Nadu Agricultural Produce Marketing (Regulation) Act, 1987, will enable the farmers to sell their produce freely and realise the best available price.
First response: Fighting the coronavirus with tech and team work
Project StepOne powers state helpline numbers through a scalable network of existing cloud telephony, queuing systems and a network of doctors on call
Chinese copy of Vespa Primavera declared invalid by EU
The EUIPO invalidity division annulled the registration since it was “incapable of eliciting a different general impression” with respect to the registered design of the Vespa Primavera, and pointed out that the registrat
Kerala sees highest number of cyberattacks during Covid-19: Report
Kerala was followed by Punjab with 207 attacks and Tamil Nadu, which saw 184 attacks, according to K7 Computing’s Cyber Threat Report, a comprehensive analysis of cyberattacks during the lockdown.
Chennai-Tirupati-Nellore industrial hub among 10 clusters for investment
The other hotspots for future investment include Mumbai-Aurangabad, Pune, Gurugram-Bhiwadi-Neemrana Corridor, Noida-Greater Noida-Yamuna Expressway, Bengaluru, Hyderabad, Ahmedabad and Vadodara (Bharuch-Ankleshwar cluster).
Footwear industry bets on anti-China sentiments, seeks non-leather export focus for post-Covid growth
The industry leaders plan to use the lockdown time to redefine their internal processes and build a lean and agile organisation that can adapt to the changing market environment.
Chennai NCLT slaps insolvency notice on Eason
The Chennai bench of the National Company Law Tribunal (NCLT) has ordered initiation of the corporate insolvency resolution process (CIRP) against power management products, systems and services company Eason Reyrolle.
Fighting covid-19 with tech: Zoho’s apps aid study & work
SaaS major Zoho has introduced targeted programmes and tools to help businesses and communities severely impacted by the Covid-19 pandemic
Sify eyes cloud, network access and e-learning for growth post lockdown
The company is currently addressing the upgrade and downgrade requirements of customers, based on demand.
Tamil Nadu hikes liquor prices by up to Rs 20, Tasmac shops to open today
The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday.
Zoho plans to set up small rural offices; says will avoid lay-offs at any cost amid Corona crisis
SaaS players with strong balance sheet, ability to endure cost structure that are aligned and who are not out of control in their spend are the ones who will survive this.
British footwear brand Clarks sees 20% drop in sales due to Covid-19 outbreak
The company has not cancelled any orders but has held back some orders due to the virus impact. The e-commerce pie of the company is expected to grow.
Helyxon: Combating the Covid-19 pandemic, digitally
Helyxon’s two solutions—OXY-2 and 98.6 Fever Watch—equipped with geo-fencing tracking alerts, keep a tab on the patient’s vital parameters and inform the medical staff about any aberration.
Grocery, daily essentials keep online shopping going during COVID-19 lockdown: Wibmo
During lockdown, while online bill payments increased, food and beverage delivery apps and financial services took the biggest hit.
Dhanuka resolution plan gets rolling; Orchid Pharma lenders to get 32% recovery
The NCLT had approved the resolution plan by Dhanuka on June 25,2019, rejecting a plea against it by Accord Life Spec which cited inadequate mandatory vote share of the CoC.
Zoho slaps trade secret misappropriation case against Freshworks
Though both Zoho and Freshworks have genesis from Chennai, the companies have global operations headquartered in the US.
South Indian cities house 65% of projects meant for elderly: Anarock
Prominent senior living hubs in south India include Coimbatore, Puducherry, Chennai, Bengaluru, Kodaikanal, Mysuru, Kochi and Kanchipuram.
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Budget 2020
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