After two days of relentless rainfall and navigating through knee-deep water, the residents of Chennai finally saw clear skies on Thursday, as floodwaters began to recede from the streets.
About 50 kilometers away from the city, the Samsung Electronics unit in Sriperumbudur, where the future of production was clouded by a 37-day employee strike, finally brightened as workers returned to work under clear skies.
For an outsider, the plant spread over around 80 acres of land appeared calm after its production was affected by the strike that began on September 9. The importance of the unit is such that it contributes around 20-30 per cent to Samsung's $12 billion annual revenue in India by manufacturing televisions, colour monitors, refrigerators, and washing machines. According to an industry estimate, one refrigerator is made in every nine seconds at the unit.
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Loser takes all
This book was published in September, three months ahead of the US presidential polls, presumably to reveal to voters the dangers of returning Donald Trump to the White House.
J&K HC asks Army to pay 46 years' rent to landowner
The High Court of Jammu and Kashmir and Ladakh recently held that the right to property now falls within the realm of human rights.
India, UK navies to develop electric propulsion for next-gen warships
The ministries of defence of India and the UK have signed a statement of intent (SoI) to cooperate in designing and developing Electric Propulsion Systems for the Indian Navy.
India backs Iskcon, tells Bangladesh to protect minorities
New Delhi hopes arrested monk will get fair trial
HAVING A BALL
Indian bowlers are winning matches and setting IPL auction records. But brands are not yet bowled over. Will Bumrah get bowlers their due?
Link UPI app to bank account with limited funds, set daily limits
Indians have lost â¹485 crore to frauds on the Unified Payments Interface (UPI) across 632,000 incidents reported until September of the current financial year, according to data from the Ministry of Finance.
Arpu gains, lower capex augur well for Airtel
Brokerages positive on stock; earnings flows may rise over next 24 mths
NIFTY LOGS BACK-TO-BACK MONTHLY LOSS
Benchmark Nifty 50 index shed 0.3 per cent in November, logging its first back-to-back monthly loss since February 2023.
Lock-up on â¹1.2 trn pre-IPO shares to lift in two months
Lock-up on shares worth nearly â¹1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note.
Margin moderation may cap upsides for Colgate
After gaining over 15 per cent in the first half of the week, the stock of oral care major Colgate-Palmolive (India) has shed about a third of those gains.
