TATA POWER TAMIL NADU PLANT PRODUCTION
PCBL Chemical eyes Rs 16,000cr revenue, five-fold PAT growth by 2030
PCBL Chemical Ltd, India's leading carbon black producer, aims to boost capacity by 50% across its product range in the next five years, targeting a five-fold profit increase. The company plans expansions in Tamil Nadu and Andhra Pradesh, focusing on battery chemicals and speciality black capacity. PCBL is also investing in next-generation chemistries and sustainability initiatives to drive long-term value.
SC questions Tamil Nadu over appointment of acting DGP, directs UPSC to expeditiously recommend names
The Supreme Court questioned the Tamil Nadu government regarding the appointment of an acting Director General of Police (DGP) and instructed the UPSC to promptly suggest names for a permanent appointment. This directive came during a hearing on a contempt petition alleging the ad hoc appointment violated a 2018 Supreme Court ruling.
33 MoUs worth Rs 15,516 cr signed during "successful tour" of Europe: Tamil Nadu CM MK Stalin
Tamil Nadu Chief Minister MK Stalin concluded his Europe trip. He secured over Rs 15,516 crore in investments for Tamil Nadu. Ten new industries will invest in the state. Seventeen existing industries will expand operations. Stalin also unveiled Periyar's portrait at Oxford University.
Tamil Nadu CM Stalin highlights Tamil heritage, welfare initiatives, overseas engagement in London
M.K. Stalin, Chief Minister of Tamil Nadu, attended the Great Tamil Dream event in London. He spoke to the Tamil diaspora from the UK and Europe. Stalin highlighted Tamil Nadu's culture and opportunities. He encouraged investment and engagement with the state. Stalin emphasized the importance of preserving Tamil identity and heritage. He also mentioned government initiatives for overseas Tamils' welfare.
Separatist mindset dominates DMK's Dravidian model of politics: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman criticized the DMK government in Tamil Nadu for focusing on divisive issues like language and Dravidian identity to deflect from corruption and caste-based crimes. She refuted claims that the BJP is against Dravidian interests, highlighting the Modi government's development initiatives in the state.
VinFast shifts gears in India: Can the EV challenger outpace Tesla and Tata?
VinFast, Vietnam's leading carmaker, has entered the Indian EV market, challenging Tesla and Tata Motors with competitively priced electric SUVs like the VF6 and VF7. Aiming to become a major player, VinFast plans significant investments, job creation, and a manufacturing plant in Tamil Nadu.
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Stalin concludes Europe tour to attract investments to Tamil Nadu, set to return on September 8
Chief Minister M.K. Stalin concluded his European tour, securing over Rs 15,000 crore in investment commitments for Tamil Nadu. He expressed gratitude for the warm reception from the Tamil diaspora in Germany and the United Kingdom. These investments are projected to generate 17,613 new job opportunities, adding to the 10.62 lakh crore already attracted since 2021.
VinFast bets on ecosystem, not volumes, for India: Asia CEO
Vietnamese EV maker VinFast has officially entered the Indian market. The company plans to build a complete ecosystem beyond just selling cars. This includes electric cars, buses, two-wheelers and charging infrastructure. VinFast has launched two models, the VF 6 and VF 7, assembled in Tamil Nadu. The company aims to offer benefits like free charging, maintenance, and a ten-year warranty.
Vietnam's Vingroup looking to enter various biz segments in India: VinFast Asia CEO
Vingroup plans expansion into India. The company will explore hospitality, green energy, and automotive sectors. Vingroup aims to build smart cities on large land parcels. VinFast introduced electric vehicle models VF 6 and VF 7. E-buses and electric two-wheelers are also in development. Production capacity in Tamil Nadu will increase. The company will expand its dealer network and charging stations.
UKB Electronics files DRHP with SEBI for Rs 800 crore IPO
UKB Electronics, a top Indian EMS provider, plans to launch an IPO. The company aims to raise Rs 800 crore. This includes a fresh issue and an offer for sale. Funds will be used to reduce debt and expand facilities. UKB serves various sectors and exports to 17 countries. The shares will be listed on BSE and NSE.
Palaniswami should save his faction-ridden AIADMK, instead of criticising DMK: Udhayanidhi Stalin
Udhayanidhi Stalin criticized Edappadi K Palaniswami for targeting the DMK alliance, advising him to address the internal conflicts within the AIADMK. He accused both AIADMK and BJP of being self-destructive and warned against their coalition, citing concerns over Hindi imposition and state rights. Stalin urged party workers to strive for a 200-seat victory in the 2026 elections.
VinFast debuts in India with VF6 and VF7 electric SUVs, eyes premium EV segment: Check price, features & more
VinFast, Vietnam's EV manufacturer, has entered the Indian market with its premium Vf6 and Vf7 models, aiming to compete with established players like Maruti Suzuki and Tata Motors. The company plans to establish a strong presence with 32 dealerships across 27 cities, expanding to 35 by 2025.
Onam, Ganesh Chaturthi drive coconut prices to new highs
Across South India, coconut prices have surged from Rs 15-25 to Rs 80-100 due to pandemic-induced supply chain disruptions, climate change impacts, and pest infestations. Neglect of plantations and reduced yields have exacerbated the shortage, impacting copra, oil, and fresh nut availability. Despite being the largest producer, India faces a global crisis affecting prices and supply.
Hinduja Group to invest Rs 7,500 crore in Tamil Nadu's EV ecosystem: CM Stalin
Tamil Nadu secured significant investments. Chief Minister MK Stalin announced that the Hinduja Group will invest Rs 7500 crore in the state's electric vehicles sector. This will create over 1,000 jobs. The TN Rising initiative has secured Rs 15,516 crore in investment proposals. These investments will generate 17,613 jobs. Stalin also signed MoUs with Wilson Power and Britannia RFID.
No reduction in overall cargo shipments from India: Sonowal
Despite a 50% US tariff on Indian goods, Union Minister Sarbananda Sonowal asserts that overall cargo shipments from India remain unaffected. Exports to the US increased by 21.64% during April-July. VOC Port is pioneering green initiatives, including a green hydrogen project and a green methanol bunkering facility, contributing to India's economic goals.
India plans relief package for exporters hit by US tariffs
Nirmala Sitharaman announced India's plan to aid exporters affected by increased U.S. tariffs. The new duties included levies on Indian goods, impacting sectors like textiles and jewellery. The government will offer credit guarantees for small businesses and exporters. Labour-intensive industries face significant challenges, leading to job losses. The tariffs have strained relations between India and the U.S.
Tamil Nadu CM MK Stalin unveils Periyar's portrait at Oxford University
In a post shared on X, Tamil Nadu CM said, "formed in their hands, the statue of the knowledge-world teacher father Periyar, which I, as Periyar's grandson, inaugurated in #Oxford! #CMStalinInOxford #Periyar #PeriyarAtOxford"
Andhra Pradesh govt clears Rs 856 cr incentive for India's largest printed circuit board plant
Andhra Pradesh government has approved a Rs 856 crore incentive for Syrma SGS. The company will establish India's largest printed circuit board plant. The investment for this project is Rs 1,595 crore. The project is in partnership with Korea's Shinhyup Electronics. The plant will be located in Naidupeta. It is expected to be commissioned by October 2026.
MHA names designated immigration posts at airports, seaports, railports
The airports with designated immigration posts are Ahmedabad, Lucknow, Amritsar, Varanasi, Bagdogra, Bangalore, Bhubaneswar, Raja Bhoj International Airport, Bhopal, Calicut (Kerala), Chandigarh, Chennai, Cochin, Coimbatore, Dabolim (Goa), Delhi, Gaya (Bihar), Guwahati, Hyderabad, Indore (Madhya Pradesh), Jaipur, Kolkata.
US tariffs: What PM Modi is going to do for Tamil Nadu's textile-exports dominated western region, asks DMK
The DMK criticizes the central government's inaction regarding the impact of US tariffs on Tamil Nadu's textile industry, particularly in the Tiruppur and Coimbatore regions. Citing potential job losses and industrial unit closures, the DMK demands a special fund package from PM Modi to protect the affected industries.
Instances of delay by governors can't justify timelines: SC
The Supreme Court is hearing a presidential reference regarding timelines for governors and the President to assent to bills. The court observed that individual cases of delay can be addressed, but a blanket timeline may not be feasible. Tamil Nadu government argued for timelines. The court emphasized its decision will be based on constitutional interpretation, not political considerations.
Adani Power gets Coal Ministry clearance to start mining at MP's Dhirauli block
Adani Power gains coal ministry's nod for Dhirauli mine in Madhya Pradesh. Mahan Energen Ltd will manage the mine. It will fuel Adani's Mahan power plant, undergoing expansion. The mine boasts 620 MMT reserves and a 6.5 MTPA peak production capacity. This move strengthens Adani's raw material security. The company aims for responsible mining practices.
26 MoUs worth Rs 7,020 crore signed during Germany visit, will generate over 15,000 jobs: TN CM Stalin
During his visit to Germany, Tamil Nadu Chief Minister MK Stalin secured 26 MoUs worth Rs 7,020 crore, expected to generate over 15,000 jobs in the state. Key agreements were signed with companies like Knorr-Bremse, Nordex Group, and ebm-papst, focusing on sectors like railway components, renewable energy, and electric motors.
Tamil Nadu sees light to moderate rainfall; Namakkal records 48.5 mm
Tamil Nadu experienced varied rainfall, with Namakkal receiving the highest at 48.5 mm. Chennai RMC issued a yellow alert for thunderstorms in several districts until September 4. Earlier, widespread but uneven rainfall occurred between August 31 and September 1, with Puducherry recording 54 mm, bringing relief from humidity in Chennai and surrounding areas.
207 government schools shut down under DMK government, alleges AIADMK's Edappadi K Palaniswami
AIADMK General Secretary Edappadi K. Palaniswami criticised the DMK government in Tamil Nadu, alleging the closure of 207 government schools and failure to establish new medical colleges. He accused the DMK of corruption, misgovernance, and rising inflation, promising to revive AIADMK-era projects if returned to power.
Tamil Nadu CM Stalin arrives in Germany to secure industrial investments
Tamil Nadu Chief Minister MK Stalin has embarked on an eight-day visit to Germany, commencing in Dusseldorf. He was warmly received by German officials and the Tamil diaspora. The visit aims to strengthen investment partnerships, engage with the global Tamil community, and includes a diaspora event, investment conclave, and meetings with key leaders, followed by a trip to the UK.
Tamil Nadu CM Stalin embarks on Europe trip to attract investments
Chief Minister MK Stalin is on a week-long trip to Germany and the UK, aiming to attract industrial investments to Tamil Nadu. He highlighted the state's success in securing significant investments and MoUs since 2021, leading to numerous job opportunities. Stalin also dismissed opposition criticism and addressed vote theft allegations, expressing confidence in Tamil Nadu's electoral integrity.
Maharashtra, Andhra Pradesh top State Energy Efficiency Index FY24
Maharashtra and Andhra Pradesh have emerged as leaders in energy efficiency, according to the State Energy Efficiency Index 2024. Several states, including Odisha, Tamil Nadu, and Rajasthan, demonstrated significant progress by improving their scores considerably. The index categorizes states based on energy consumption, with Maharashtra, Andhra Pradesh, Assam, and Tripura leading their respective groups.
Adani Power gets LoA for 2,400 MW thermal power project in Bihar
Adani Power has secured a Letter of Award from Bihar State Power Generation Company Ltd. to supply electricity for 25 years. The company will invest USD 3 billion to establish a 2,400 MW ultra-supercritical power plant in Bhagalpur district, Bihar. This project aims to meet India's growing power demand and generate employment opportunities.
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