Jasmine and chrysanthemum farmers in Thoothukudi district of Tamil Nadu are contending with a pointy fall in flower costs this season. Farmers say that costs have dropped regardless of it being the marriage and competition season, when demand for flowers is usually at its peak. ARUMUGATHAAI, Farmer: “We’re promoting the flowers at Rs 200-300 per … Read more
The Chief Minister of Tamil Nadu, M Okay Stalin mentioned on Sunday that he secured ₹400 crore funding from Ohmium in Chengalpattu district, creating 500 jobs. Stalin mentioned that the deal marked an essential step in nurturing the ecosystem for inexperienced vitality manufacturing and fuelling a sustainable future. In a submit on X, “One other … Read more
The Tamil Nadu authorities has signed a Memorandum of Understanding (MoU) with Google to arrange the Tamil Nadu AI Labs at Chennai. The MoU was signed by the funding delegation to the US within the presence of Tamil Nadu Chief Minister MK Stalin. The partnership includes the institution of an AI lab / coaching hub … Read more
In step with the R&D (analysis and improvement) focus of Tamil Nadu’s funding delegation to the US, telecom main Nokia is signing a MoU with the State authorities to broaden its Mounted Networks R&D operations in Chennai, at an outlay of ₹450 crore, and create 100 jobs. The brand new R&D lab, which can come … Read more
In a first-of-its-kind undertaking in India, the Tamil Nadu authorities on Saturday inaugurated an industrial housing facility at SIPCOT Industrial Park Vallam Vadagal at Sriperumbudur to accommodate 18,720 staff. Constructed at a price of ₹706.50 crore, the power was inaugurated by Chief Minister MK Stalin on Friday within the presence of Chairman of Taiwan-based Foxconn … Read more
The senior residing market is anticipated to develop considerably, from its present dimension of $2-3 billion to $12 billion by 2030, pushed by demographic shifts, in keeping with a current Colliers report. Notably, the senior inhabitants is projected to develop at a a lot quicker charge of three.8 per cent in comparison with the general … Read more
Tamara Leisure Experiences Pvt Ltd, a Bengaluru-based hospitality agency, has introduced the opening of Lilac Accommodations in Kumbakonam, Tamil Nadu, as a part of its strategic growth into pilgrimage locations. Additionally learn: Tamara Leisure Experiences plans growth, focussing on non secular tourism The property in Kumbakonam, inaugurated by Shruti Shibulal, CEO and Director of Tamara Leisure Experiences, … Read more
The Tamil Nadu authorities on Monday launched a brand new scheme providing instantaneous on-line approval for constructing permits for homes constructed on plots as much as 2,500 sq ft, with a most development space of three,500 sq ft. Purposes may be submitted on-line. The true property business welcomed the State authorities’s initiative noting that it … Read more
Capgemini will make investments ₹1,000 crore within the subsequent three years to arrange a 5,000-seat capability facility in Chennai. The power, spanning practically 6 lakh sq ft, will change into a chief vacation spot for top-tier expertise in southern India. It should help Capgemini’s numerous specialist groups, together with monetary companies, engineering, digital, cloud, and … Read more
Actual property developer RMZ Corp and CPP Investments have signed an settlement to promote considered one of their prime workplace complexes, One Paramount 1 tech park in Chennai to Singapore’s asset supervisor Keppel for round ₹2,100 crore, three sources stated. The cap price on the transaction is 8.6 per cent, the very best in latest … Read more