aiadmk

 

PM in Chennai tomorrow for launch of Amma two-wheeler scheme

Feb 23 2018

Modi will be in Chennai to attend the launch of the AIADMK govt's ambitious scheme of providing 50% subsidy to working women to buy two-wheelers.

Tamil Nadu most peaceful state in India: CM Palaniswami

Feb 19 2018

TN CM has hit out at Radhakrishnan over his remarks that TN was turning out to be a "training centre" for extremists, saying the state was the "most peaceful".

Merged with ruling faction on Modi's advice: Panneerselvam

Feb 17 2018

Panneerselvam told AIADMK office-bearers in Theni district that he merged his faction with the ruling faction on the advice of PM Modi.

TN farmers welcome, political leaders oppose Cauvery verdict

Feb 16 2018

It was a mixed reaction in Tamil Nadu over the SC's judgment as TN farmers welcome, political leaders oppose Cauvery verdict.

DMK warns of intensifying stir against bus fare hike in TN

Jan 27 2018

The DMK staged state-wide agitations against the recent hike in bus fares in TN and warned of intensifying its protests if the revision was not rolled back immediately.

High level talks on for Rs 25,000 crore investment in TN: CM

Jan 13 2018

Tamil Nadu Chief Minister K Palaniswami said high level talks were on with 15 companies for attracting investment to the tune of about Rs 25,000 crore.

AIADMK leader Sasikala's husband surrenders before CBI court

Jan 11 2018

Sasikala's husband M. Natarajan surrendered before a CBI court here in connection with a case involving evasion of duty on the import of a luxury car from Britain.

TN announces Rs 750 cr for retirement dues of transport workers

Jan 10 2018

In an effort to pacify striking transport corporation workers, the Tamil Nadu govt announced that Rs 750 crore would be released this week towards retirement benefits.

TN Guv should have ordered floor test, say DMK and Dhinakaran

Jan 08 2018

Dhinakaran hit out at TN Governor Banwarilarl Purohit, saying rather than addressing the Assembly, he should have ordered the K Palaniswami govt to face a floor test.

DMK, Congress boycott Tamil Nadu Governor's address

Jan 08 2018

DMK, Congress boycotted Governor Banwarilal Purohits inaugural address to the TN Assembly and their MLAs trooped out of the House.

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Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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