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Gold prices to stay elevated, volatile; Titan bullish on long-term growth
Gold prices are expected to remain "elevated and volatile" due to geopolitical tensions, Titan said, but expressed optimism about the long-term growth prospects of the jewellery market on favourable demographics and its safe-haven appeal. Despite these challenges, the "outlook in India remains positive" due to favourable demographics and the continued relevance of jewellery as a store of value; however, "short-term demand fluctuations may persist", Titan said in its annual report. "Gold prices are expected to remain elevated and volatile, given ongoing geopolitical developments and global conflicts leading to macroeconomic uncertainties," said Titan, a JV between Tata and the Tamil Nadu government. The Tata group-managed firm also said these macroeconomic uncertainties arising from geopolitical developments could lead to shifts in demand patterns across customer segments. "In this environment, there could be shifts in demand segments and the Division will continue to prioritise mar
'Tamil Nadu pollution board finds no contamination at Hosur iPhone parts facility': Tata Electronics
Tata Electronics has received clearance from the Tamil Nadu Pollution Control Board. The board confirmed all concerns regarding alleged groundwater contamination at the company's Hosur facility were satisfactorily addressed. Recent water sample analysis showed no contamination. The Tamil Nadu Pollution Control Board has dropped any further action on this matter.
Tata's iPhone Plant In Tamil Nadu Gets Clean Chit After Water Contamination Suspicion
According to Tata Electronics, water samples recently collected and analysed by TNPCB did not indicate any contamination.
Tata's iPhone Plant Faces Shutdown Threat In Tamil Nadu Over Groundwater Contamination, Says Report
Tata Electronics is Apple's second-largest supplier in South Asia after Foxconn.
Tata's Apple iPhone factory in Tamil Nadu may get shut down over farmland water contamination; pollution body seeks explanation
An Indian pollution regulator has accused Tata Electronics, a key supplier for Apple's iPhones, of contaminating groundwater near its Hosur factory. The regulator found wastewater discharge from the plant polluted farmland wells. Tata faces a potential shutdown unless it provides a satisfactory explanation. This adds to recent issues faced by Apple's Indian supply chain.
Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projects
Tamil Nadu Chief Minister V Joseph Vijay witnessed a significant MoU signing. Larsen & Toubro Limited will invest Rs 18,600 crore in three major projects. These projects will boost data centres, electronics manufacturing, and shipbuilding. Around 8,200 jobs will be created. This marks a key step towards Tamil Nadu's economic growth and industrial development.
L&T's industrial electronics arm partners EVR Motors to manufacture EV traction motors in India
The partnership combines LTEPS’ engineering, systems integration and manufacturing capabilities with EVR Motors’ traction motor technology. The traction motors are proposed to be manufactured at LTEPS’ facility in Coimbatore, Tamil Nadu.
Marie Wilson In Focus: Meet Vijay's Pick For Turning Around Tamil Nadu's Finances
Tamil Nadu Governor Rajendra Vishwanath Arlekar and Chief Minister C Joseph Vijay felicitate TVK MLA N Marie Wilson, who took oath of office as Minister for Finance, Planning and Development during the swearing-in ceremony of the new cabinet ministers at the Lok Bhavan in Chennai on Thursday.
PepsiCo to invest Rs 5,700 crore in India by 2030
PepsiCo plans a significant Rs 5,700 crore investment in India by 2030. This expansion will boost manufacturing capacity through new and existing projects. The focus will be on the snacks business, with new facilities in Madhya Pradesh, Assam, and Tamil Nadu. This investment highlights India's strong growth potential for packaged foods and beverages.
Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock market
Vijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for industry and markets. With the state being a key auto, electronics and export hub, policy clarity on incentives, welfare spending and governance will drive sentiment for TN-linked companies.