CHENNAI PRESS NEWS

Chennai, May 15, 2026: K.S. Terminals Inc.⁠� (KST), a Taiwan-headquartered global manufacturer of electrical terminals, connectors and interconnect solutions, has announced the establishment of its new manufacturing facility in Tiruvallur near Chennai, marking the company’s strategic entry into the Indian market. The new facility was opened by.Joe Cheng, Chief Executive Officer of K S Terminals, and M Prathap, IAS, District Collector of Tiruvallur in the presence of senior Executives from the company and Tamilnadu Government. The new facility, spread across 36,664 sq. ft. at Ulunthai Village in Kadambathur Union, Tiruvallur district, has been set up to cater to the growing demand from India’s automotive, electric vehicle (EV), renewable energy and industrial sectors. Inauguration Youtube Video link 👇  KST said the Chennai unit will manufacture a wide range of products including automotive connectors, EV charging connectors, battery modular connectors (BMC), insulated and non-insul...

Chennai, May 14, 2026: Amazon India⁠ on Wednesday said Tamil Nadu has emerged as one of the fastest-growing markets for Amazon Bazaar, with orders from the State registering a five-fold year-on-year growth driven by rising demand for affordable fashion, home and electronic products. Sameer Lalwani, Head of Amazon Bazaar, Amazon India The company said Chennai led the growth momentum with a two-fold increase in new customer sign-ups, while cities such as Vellore, Madurai and Tiruchirapalli also emerged as strong growth centres for the platform. Press meet Youtube Video link 👇  According to the company, Women’s Fashion recorded a 2X YoY increase in orders, while Home & Kitchen products grew 5X and Electronic Accessories grew 1.5X during the period. Sarees, kurtis, jeans, kitchen utensils, home décor items and mobile accessories such as chargers, covers and cases were among the top-selling products on the platform. Amazon Bazaar said its growing popularity has been supported by ul...

Chennai, May 14, 2026: CIEL HR⁠, one of India’s leading integrated HR and workforce solutions companies, announced a strong financial performance for FY26, reporting a 32 per cent year-on-year growth in revenue to ₹1,984.6 crore while unveiling “CIEL 3.0: Vision 2030”, its strategic roadmap to build an integrated AI-led workforce infrastructure platform for the future of work. (L to R)  Aditya Narayan Mishra, MD & CEO, CIEL HR Group;  K Pandiarajan, Executive Chairperson, CIEL HR Group; Nelson Kulandairaj, Chief Digital Officer The company said it achieved the ₹1,000 crore revenue milestone within just nine years of inception through its technology-led approach and nearly doubled its revenue within the next two years. With the launch of Vision 2030, CIEL HR has now set a target of reaching ₹6,000 crore in revenue by 2030. Press meet Youtube Video link 👇  The company’s gross profit for FY26 rose 43 per cent to ₹208.4 crore compared to ₹145.3 crore in FY25, w...

Chennai, May 12, 2026: The Rotary Club of Madras honoured noted entrepreneur and Zoho founder Sridhar Vembu with the prestigious Lifetime Achievement Award during its 43rd weekly meeting held at Abbotsbury Hall, Hyatt Regency, Chennai, on Tuesday evening. The award ceremony brought together members of the Rotary community, business leaders and invited guests, who celebrated Vembu’s remarkable contribution to India’s technology and entrepreneurial ecosystem. Event Youtube Video link 👇  Recognised for building global software company Zoho Corporation⁠ from India while advocating rural development and decentralised economic growth, Sridhar Vembu was praised for his vision and leadership. His initiatives in promoting innovation, generating employment opportunities and supporting technology-driven education in rural Tamil Nadu received widespread appreciation from attendees. Speaking at the event, members of the Rotary Club of Madras highlighted that the Lifetime Achievement Award reco...

Bengaluru, May 11, 2026: Canara Bank on Monday reported a strong financial performance for the quarter and financial year ended March 31, 2026, registering healthy growth in business, profitability and retail lending while further improving asset quality indicators. Hardeep Singh Ahluwalia,  MD & CEO (I/c) Announcing the Q4 FY26 results, Hardeep Singh Ahluwalia said the bank’s global business rose 12.11 per cent year-on-year to ₹28,06,226 crore. Global deposits increased by 9.71 per cent to ₹15,68,678 crore, while global advances grew 15.30 per cent to ₹12,37,548 crore. The bank posted a net profit of ₹19,187 crore for FY26, marking a growth of 12.69 per cent over the previous year. Operating profit for the year stood at ₹33,019 crore, up 5.19 per cent year-on-year. Earnings per share also improved by 12.68 per cent. Retail and RAM segments continued to drive credit growth during the year. RAM credit expanded 19.73 per cent to ₹7,30,520 crore, while the retail lending portfolio...

Chennai, May 9: The 10th edition of Rhapsody, the flagship annual fundraising event organised by Thenmozhi Memorial Trust, was held at the Sir Mutha Venkatasubba Rao Concert Hall in Chennai on Saturday, bringing together artists, actors, cancer survivors, and members of the public in support of underprivileged cancer patients. Conducted every year on the eve of Mother’s Day, Rhapsody continued its mission of supporting cancer fighters, honouring those lost to the disease, and celebrating cancer survivors through a fundraising initiative dedicated to providing financial assistance for treatment and care. Press meet Youtube Video link 👇  The milestone edition featured a series of performances by leading personalities from the Tamil entertainment industry, including Samuthirakani, Aadhi, Mime Gopi, Attakathi Dinesh, Kalaiarasan, Thambi Ramaiah, Adirchi Arun, Sunita Gogoi, Pa. Ranjith, and Pa. Vijay among others. Their participation helped amplify awareness about the cause and drew su...