Chennai-based teen speaks about his passion for bodybuilding

What much change can a person undergo in a span of 12 months? Well, a teenager in the city found a new passion and bulked his body from 45 kg to 70 kg in just a year. The story of M Subash Kanth (19) speaks ‘volumes’, literally!
A resident of Chandeeswaram, Subash is a third year BCA student of SRM college. He is being guided by Raj Kumar, Mr India 2015 bronze medalist, and Kannan, Mr Tamilnadu 2019. Continue Reading

Piramal Enterprises sells off Rs 2,305 cr stake

Piramal Enterprises Monday said has divested its entire stake in asset financing firm Shriram Transport Finance company for approximately Rs 2,305 crore. As on 31 March, Piramal Enterprises held 2.26 crore shares amounting to 9.96 per cent stake in Shriram Transport Finance Company. Continue Reading

Uber tests 24X7 helpline

Ride hailing major Uber is piloting a 24×7 on-trip helpline to boost the safety of its passengers, company sources said. The security measure seeks to address the need for direct human intervention instead of a callback after a lag, they said. Continue Reading

Yashovardhan Birla declared wilful defaulter

State-owned lender, UCO Bank has declared Yashovardhan Birla as a wilful defaulter for non-payment of Rs 67.55 crore given to Birla Surya Ltd. The loan was given by UCO Bank as part of a consortium including State Bank of India, Punjab National Bank and United Bank of India. Continue Reading

PMAI asks government to increase export duty on iron ore

Industry body Pellet Manufacturers Association of India (PMAI) has asked the government to increase export duty on iron ore with more than 58 per cent iron content by 20 per cent. In a letter to the Prime Minister’s Office (PMO), PMAI has asked ‘for an an increase in export duty on iron ore of +58 plus Fe content from current 30 per cent to 50 per cent.’ Continue Reading

BHEL strikes gold with Rs 800 worth orders in kitty

Bharat Heavy Electricals Limited’s (BHEL) solar photovoltaic (SPV) portfolio has surpassed one gigawatt with the company winning two orders for setting up SPV plants with a cumulative capacity of 200 megawatt. Valued at over Rs 800 crore, the orders have been secured from NTPC Ltd and Gujarat State Electricity Corporation Ltd (GSECL). Continue Reading

GST council to take strong stance against tax evaders

Goods and Services Tax (GST) Council, the federal indirect tax body, is set to take several steps to curb tax evasion in its first meeting to be chaired by new finance minister Nirmala Sitharaman on 21 June. The government plans to increase scrutiny on businesses amid lower-than-expected GST collections after handholding them through the first two years of the tax reform. Continue Reading

Chennai struggling due to water crisis, many companies affected

Usually, Tolet boards hang outside houses vacated by tenants, but this is not the scenario now as house-owners are not ready to rent out houses again due to the limited availability of water. Continue Reading

Housing start-up Placio to raise $15 mn to fuel expansion

Currently present in six cities, including Delhi NCR, Lucknow, Indore, Coimbatore, Mumbai, Jaipur, with a portfolio of over 3,000 beds, the company is also in talks with various colleges and universities and expects to take the partnership with over 50 universities across… Continue Reading