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A challenge for Election Commission

The two major Dravidian parties of Tamil Nadu have been vying with one another in offering a wide range of freebies that are budgeted to cost the exchequer Rs 94,100 crore during 2020-21 and this is expanding. 

With elections to the state assembly just a few months away, political parties of Tamil Nadu are stepping up their campaigns. AIADMK, spearheaded by Chief Minister E K Palaniswami, has been vigorously campaigning across the state. Principal opposition DMK, led by M K Stalin, has been active in reaching out to villages spread across the state.

A mega investment by Tatas in Tamil Nadu

There is interesting news on several mega investments going into Tamil Nadu. Tata Electronics to invest around Rs 5763 crore on facilities to make mobile phone components. This would be specially welcome for Tamil Nadu where Tatas have not made large investments in manufacturing. The one mega plan they had of

Fortune 500 list of companies 2020

The wheel of ‘Fortune’ Fortune magazine has been annually ranking 500 global corporations on various financial parameters. IE had pointed to the dominance of American companies for the greater part of the 20th century, occupying majority of the slots in the Top 10. The ascent of Japan towards the closing decades

Need for kisan Rail from Salem

The farmers’ agitation seems to have revived interest on the Kisan Rail as another incentive to farmers spread across the country. Prime Minister Narendra Modi flagged off the 100thKisan Rail from Sangola, Maharashtra to Shalimar, West Bengal through video conferencing. Delhi is connected with Anantapur (AP), Bengaluru (Karnataka) and Nagpur

Tribute to V.Narayanan

A Consummate Corporate Manager For over 60 years V Narayanan (VN) contributed richly to the evolution of Indian management. Soon after graduation in 1959, he joined Unilever-  London, at the age of 21. Returning to India after nine years, he joined Chesebrough Pond’s Inc in the marketing department, became its chairman

Buta Singh – the Sardar who sabre-rattled…

Buta Singh, a loyal associate of Indira Gandhi, was Home Minister in the Rajiv Gandhi government during 1986-89. As a supporter of Operation Blue Star, that eliminated the Bhindranwale resistance from the Golden Temple, Amritsar, he earned the displeasure of sections of Sikhs.   Singh was excommunicated by the Akal Takht

Murugappa Group restructures ownership

Another iconic family-run business of Chennai, the $ 5 billion turnover Murugappa group, is repositioning the leadership of unit companies aligning these with families. Till recently the group had the senior most family member designated as chairman of the group: in the early stages under AMM Murugappa Chettiar (1902-1965) the group entered into a number of foreign collaborations and emerged a large light engineering conglomerate that was nurtured by AMM, his younger brother AMM Arunachalam and their nephew M V Arunachalam. The chairmanship passed on, in due course, to AMM Arunachalam and thence to M V Arunachalam. During the tenure of MVA, the group expanded through acquisitions of the two-centuries’ old EID Parry. This helped it diversify activities to sanitaryware, fertilizers, sugar, confectionary … The baton passed to MVA’s brother M V Subbiah.