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Avani Infratech lines up Rs 750 crore for real estate expansion in FY27
Avani Infratech will invest Rs 750 crore in three new projects by FY27. The company is launching residential and commercial developments in Sonipat and Sohna. An industrial township is also planned for Sonipat. This expansion targets Tier 2 and Tier 3 markets, recognising their growth potential. Avani Infratech aims to strengthen its presence in key growth corridors.
CM Vijay Awards Rs 50-Lakh Cheque To Praggnanandhaa Post Norway Win, Plays Chess With Him
Tamil Nadu CM Vijay felicitated R. Praggnanandhaa for winning Norway Chess 2026, awarding ₹50 lakh. The chess star became the first Indian champion, beating top players including Magnus Carlsen and D. Gukesh in a stellar campaign.
Who Is Maridhas? Tamil Nadu YouTuber Arrested For Posting Videos Critical Of TVK Government, Chief Minister Vijay
Maridhas is a Madurai-based YouTuber with a significant social media following.
Capital markets emerging as key avenue for household savings: Sebi chief
Capital markets are increasingly emerging as a core avenue for household savings and wealth creation in India, reflecting a structural shift in how Indians are investing and participating in the country's growth story, SEBI Chairperson Tuhin Kanta Pandey said on Monday. "Capital markets are increasingly becoming a core avenue for household savings and wealth creation," Pandey said at the ICICI Securities India Investor Conference 2026. On the Portfolio Management Services (PMS) regulations, the SEBI chief indicated that extensive deliberations are underway and a consultation paper will be released soon. However, he declined to specify a timeline. Pandey said India's economic rise is not only about higher growth numbers but also about the formalisation of the economy, financialisation of savings and growing trust in institutions. Highlighting the growing depth of Indian markets, Pandey said the country now has around 145 million investors in the securities market, with the investor
Arnya invests over Rs 1K crore in housing projects
Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.
300 engineers get promotion in landmark move by Tamil Nadu Power Distribution Corporation
In a significant move, Tamil Nadu Power Distribution Corporation Ltd has promoted 300 assistant executive engineers simultaneously. This transparent process, based on eligibility and board rules, aims to address staffing needs and long-pending issues. The promotions are expected to boost morale, enhance operational efficiency, and improve public services.
Indian Companies Pitch Products, Seek Partnerships At Mega Tech Trade Event In Taiwan
Organisers said they hoped to see greater participation from Indian companies in future editions of the exhibition as technology cooperation between the two sides continued to expand.
NTA Dismisses NEET Re-Exam Paper Leak Claims, Warns Of Strict Action
NTA has urged candidates and parents not to engage with or pay for such material.
IMD: Monsoon Arrives In Maharashtra As Scheduled Despite Kerala Delay
The monsoon made landfall in Kerala on June 4, compared with its normal onset date of June 1, but advanced swiftly along the west coast thereafter.
Next Vijay? Annamalai Stresses On 'New Path' After BJP Exit With Eye On 2031 Assembly Elections
K Annamalai formally left the BJP and launched a new movement, triggering comparisons with Vijay's rise in Tamil Nadu politics.
Stable home loan interest rate to sustain housing demand: Industry bodies CREDAI, NAREDCO
The RBI has kept the repo rate steady at 5.25 percent. Real estate industry bodies CREDAI and NAREDCO welcomed this move on Friday. They believe stable interest rates will support housing demand. This decision offers predictability for developers and homebuyers. It aims to maintain market stability amidst global economic challenges.
Rupee stability alone may not bring foreign investors back to India: Ambit's Dhiraj Agarwal
Dhiraj Agarwal, Managing Director of Ambit Investment Managers, expects rupee stabilisation to slow foreign investor outflows but believes sustained FII inflows will require stronger earnings growth and economic momentum. Agarwal also cautioned that higher inflation forecasts, lower GDP projections and elevated crude oil prices could keep investors focused on macroeconomic risks.