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Gold prices to stay elevated, volatile; Titan bullish on long-term growth
positive
Business Standard - Markets 8d ago

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

BSLGOLDETFGLOBALLTGILTBEESTATAGOLDTATATECHTITANTNPLVALUEConsumer DurablesConsumer Services
Tamil Nadu Establishes Duty-Free Retail Shop At Nagapattinam International Port Amid India-Sri Lanka Ferry Traffic Rise
neutral
NDTV Profit 13d ago

Tamil Nadu Establishes Duty-Free Retail Shop At Nagapattinam International Port Amid India-Sri Lanka Ferry Traffic Rise

The setting up and operations of these retail facilities will be outsourced to a private player.

RETAILSDREAMSTNPLV2RETAILConsumer ServicesForest Materials
K Annamalai Quits BJP Days After Tamil Nadu Polls, Party President Nitin Nabin Accepts Resignation
positive
NDTV Profit 36d ago

K Annamalai Quits BJP Days After Tamil Nadu Polls, Party President Nitin Nabin Accepts Resignation

Speculation about Annamalai's future within the BJP had been growing since his replacement as unit chief.

FELFELDVRTNPLConsumer ServicesForest Materials
Hyundai Motor India To Roll Out Its First Mass-Market EV From Chennai Facility This Year
neutral
NDTV Profit 37d ago

Hyundai Motor India To Roll Out Its First Mass-Market EV From Chennai Facility This Year

The Tamil Nadu government and Hyundai Motor India Ltd (HMIL) also jointly announced a skill development collaboration to enhance the global employability of the state's youth.

GLOBALHYUNDAITNPLAutomobile and Auto ComponentsConsumer Services
Tamil Nadu: 3 lakh students apply for engg course, AICTE yet to approve counselling dates
positive
ET Markets - Industry 37d ago

Tamil Nadu: 3 lakh students apply for engg course, AICTE yet to approve counselling dates

In Tamil Nadu, a surge of nearly 300,000 students has signed up for engineering programs, highlighting the growing interest in technical education. Although the AICTE is yet to announce specific counselling dates, the Directorate of Technical Education anticipates that this number could climb even higher.

GLOBALHGINFRAMBELTNPLConstructionConsumer Services
Lemon Tree Hotels bets on temple tourism with new property in Tamil Nadu's Kumbakonam
positive
CNBC TV18 - Markets 47d ago

Lemon Tree Hotels bets on temple tourism with new property in Tamil Nadu's Kumbakonam

Lemon Tree Hotels has signed a deal for a new 66-room property in Kumbakonam as it expands its presence in South India’s growing temple tourism market.

LEMONTREETNPLConsumer ServicesForest Materials
TN 10th Result 2026: Tamil Nadu SSLC Results OUT At @9:30 AM Today; Check Direct Link, Websites To Check Marksheet
neutral
NDTV Profit 52d ago

TN 10th Result 2026: Tamil Nadu SSLC Results OUT At @9:30 AM Today; Check Direct Link, Websites To Check Marksheet

School Education Minister Thiru Rajmohan will announce the Tamil Nadu SSLC Class 10 results via a press conference at around 9:30 AM today from the Anna Centenary Memorial Library.

DLINKINDIAGLOBALTNPLConsumer ServicesForest Materials
Neolite ZKW Lightings, SS Retail, Aspri Spirits get Sebi nod to float IPOs
positive
Business Standard - Markets 57d ago

Neolite ZKW Lightings, SS Retail, Aspri Spirits get Sebi nod to float IPOs

Neolite ZKW Lightings, SS Retail and Aspri Spirits have secured Sebi's approval to raise over Rs 1,200 crore collectively through initial public offerings (IPOs), an update with the regulator showed on Friday. The three companies, which filed their preliminary IPO papers in December, obtained Sebi's observations during May 6-14. In Sebi's parlance, obtaining observations is equivalent to securing approval to float public offering. Automotive lighting products maker Neolite is aiming to raise Rs 600 crore through its maiden public offering, comprising a fresh issue of shares aggregating up to Rs 400 crore along with an offer for sale (OFS) of shares valued Rs 200 crore by promoters and a shareholder, according to the draft red herring prospectus (DRHP). The company will use proceeds from the fresh issue for setting up a new manufacturing facility at Kancheepuram, Tamil Nadu; purchasing plant and machinery, electronic expansion at existing manufacturing facilities; payment of debt an

EVIETFEVINDIAGROWWEVRETAILSDREAMSTNPLV2RETAILConsumer ServicesFinancial Services
A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional Equities
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ET Markets - Industry 79d ago

A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional Equities

Fuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses for Indian refiners. Kotak Institutional Equities predicts a potential increase of Rs 25-28 per litre over time. However, the Ministry of Petroleum and Natural Gas has clarified that there is no such proposal to hike fuel prices by the government.

GLOBALIOCOILOILIETFONGCTNPLConsumer ServicesFinancial Services
Zoho built a global SaaS business from Tamil Nadu, can startups move beyond metro hubs?
positive
LiveMint - Companies 81d ago

Zoho built a global SaaS business from Tamil Nadu, can startups move beyond metro hubs?

Zoho has built a global SaaS business from Tamil Nadu without venture funding or metro hubs. As startup funding tightens, its model focused on internal talent development and distributed teams is drawing renewed attention, though replication remains limited.

GLOBALTNPLConsumer ServicesForest Materials
Gold loans soar in India, but it’s southern households leading the charge
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ET Markets - Industry 87d ago

Gold loans soar in India, but it’s southern households leading the charge

Gold loans in India have surged fourfold since March 2022, becoming the second-largest retail credit segment. Southern states, led by Tamil Nadu, Andhra Pradesh, and Karnataka, continue to dominate originations, accounting for over half the market. While the south remains the core, emerging regions like Uttar Pradesh are showing significant growth from a lower base.

BSLGOLDETFRETAILSDREAMSTNPLV2RETAILConsumer ServicesForest Materials
VinFast expands India lineup with VF MPV 7: Price, specs, availability
positive
ET Markets - Industry 87d ago

VinFast expands India lineup with VF MPV 7: Price, specs, availability

VinFast has launched its new seven-seater electric MPV, the VF MPV 7, in India. This marks the company's entry into a new segment. The vehicle offers a range of 517 km. VinFast is expanding its retail presence and aims for 75 showrooms by 2026. The VF MPV 7 is locally assembled in Tamil Nadu.

RETAILSDREAMSTNPLV2RETAILConsumer ServicesForest Materials
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