CHENNAI PRESS NEWS

Chennai, 02 May 2026: Strengthening its footprint in South India, MARC Salon Furniture, one of India’s leading manufacturers of salon furniture and equipment, has announced the launch of its first showroom in Chennai. The new facility, which opened on April 25, 2026, marks the company’s 11th showroom nationwide and underscores its strategic expansion into high-growth regional markets. Located at Egmore Town beside the Radisson Hotel, the showroom was inaugurated through an exclusive sundowner event attended by industry professionals and business partners. Designed as an immersive experience centre, the space reflects MARC’s focus on innovation, accessibility, and customer-centric solutions tailored to the evolving needs of the salon industry. With an already established presence in cities such as Hyderabad, Kochi, and Bengaluru, the Chennai debut is a significant step in MARC’s South India growth strategy. The region has emerged as a key market for premium and design-led salon infrastr...

Chennai, May 1, 2026: Tanishq, India’s largest jewellery retail brand from the Titan Company Limited, has inaugurated its new store in West Tambaram, marking a significant expansion in Tamil Nadu. With this launch, the brand reaches its 66th store in the state and 24th outlet in Chennai, reinforcing its strong foothold in one of its key markets. (L to R) Narasimhan Y L, Circle Business Head, Jewellery, TN & Kerala;  Arun Narayan, CEO – Jewellery Division, Titan Company Ltd;  Dinesh Kumar, Circle Business Manager The new showroom, located at West Tambaram, was formally inaugurated at 12:30 PM by Arun Narayan, CEO – Jewellery Division, Titan Company Ltd, along with Narasimhan Y L, in the presence of company representatives and patrons. Launch Youtube Video link 👇  Spread across an expansive 8,000 sq. ft., the store at GST Road offers a contemporary and immersive retail environment, reflecting Tanishq’s focus on design excellence and customer-centricity. The outlet show...

Chennai, April 29, 2026: City Union Bank (CUB) has announced a significant leadership transition, with Vijay Anandh set to assume charge as Managing Director and Chief Executive Officer from May 1, 2026. He succeeds Dr. N. Kamakodi, who concludes a distinguished 15-year tenure leading the bank. (L to R) Dr. N. Kamakodi; R.  Vijay Anandh Mr. Anandh brings nearly three decades of banking experience to the role. He joined CUB in 2023 as Executive President and was elevated to Executive Director in 2024. Prior to this, he served as Business & Collections Head for Retail Assets at RBL Bank. Press meet Youtube Video link 👇  Speaking on his new role, Mr. Anandh emphasized continuity and stability. “We are not looking to bring in any drastic changes to a system that has seen robust growth over the last 15 years. Trust, ease of banking, and customer service will remain the bank’s core priorities,” he said, adding that the institution will continue strengthening its presence in MSM...

Chennai, April 30, 2026: Apollo Diagnostics today marked the first anniversary of its Digi-Smart Central Reference Laboratory (CRL) in Chennai, celebrating a year of rapid growth and technological advancement that has reshaped the region’s diagnostic ecosystem. (L to R) - Dr. Madhu Sasidhar President and CEO, Apollo Hospitals group, Dr. Mamta Soni Chief Apollo Central Reference Laboratory,   Dr. Prathap C Reddy, Chairman & Founder , Apollo Hospitals Group, Mr. Sriram Iyer , Chief Executive Officer, Apollo Health and Lifestyle , Dr Ilankumaran Kaliamoorthy - CEO Chennai Region during  1st year Journey Book unveiling Since its inauguration in April 2025, the facility has emerged as South and Southeast Asia’s fourth-largest integrated laboratory, highlighting a significant leap in diagnostic capabilities. Built on a digital-first framework powered by automation and Lean Six Sigma principles, the CRL has enhanced precision, efficiency, and scalability in medical testing. Event...

Chennai, April 30, 2026: Vummidi Bangaru Jewellers (VBJ), one of India’s most trusted heirloom jewellery brands, has inaugurated its all-new flagship showroom on Anna Salai, marking a significant milestone in its 125-year legacy. Located adjacent to its original store, the new showroom underscores the brand’s enduring association with the city and its continued growth. Strategically positioned along one of Chennai’s most prominent commercial corridors, the showroom stands out as the only major jewellery retail presence across this stretch of Anna Salai. Spread over 14,000 sq. ft., the flagship has been designed as a multi-level retail destination with a clear zoning approach to enhance customer experience. Inauguration Youtube Video link 👇  The ground floor showcases gold, precious and jadau jewellery, offering ease of access and seamless movement for customers. The first floor is dedicated to diamond, solitaire and platinum collections, providing a more refined environment for co...

Chennai, April 30, 2026: Indian Bank MD & CEO, Binod Kumar today announced Q4 F Y 25-26 Results (Financial Results for the Quarter and Full Year ended 31st March 2026). He said that the Bank has achieved a robust financial performance for the quarter and full year ended March 31, 2026, underpinned by steady growth in business, improved asset quality, and enhanced profitability.  The Bank’s total business registered a healthy growth of 12.79% year-on-year, driven by strong credit expansion across Retail, Agriculture, MSME and Corporate segments. Credit sanctions witnessed a sharp surge of 62%, reflecting broad-based demand across sectors. Press meet Youtube Video link 👇  For FY26, the Bank posted a net profit of ₹12,156 crore, marking an 11.33% increase over the previous year. Quarterly net profit for March 2026 stood at ₹3,103 crore, up 4.97% year-on-year and 1.37% sequentially. Operating profit for the March quarter rose 5.32% to ₹5,286 crore, while Net Interest Income (...