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Showing posts from January, 2024

Wiz Freight Announces INR 125 Crore Series B Funding led by Japanese Venture Capital SBI Investment & Nippon Express

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WIZ is gearing  up to expand into five more countries  with 10 new locations, across Saudi Arabia, Vietnam, China, Malaysia, and parts of Europe Focus on tech expansion with new products in pipeline Signed a MoU with the Tamil Nadu government for a proposed investment  of  300 Crores in the state over the next five years is expected to create 2000 more jobs Chennai, 31.01.2024: WIZ Freight, a full-stack digital cross-border supply chain start- up, has raised  Series B funding  of INR 125 Crore in equity led by Japan-based SBI Investment at a post-money valuation of INR 1400 Crore registering a 50% jump in the valuation from its  last  round. The company plans to raise  the Series B round in two tranches.  The current  fund raise  is a part of the larger  round  which the company intends to close this year. The round also saw participation from Tiger Global, NIPPON EXPRESS HOLDINGS, Axilor Technologies Fund, Foundamen...

FitsAir celebrates One Year of connectivity between Colombo and Chennai

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FitsAir inaugurated its sales office in Chennai to provide a seamless and personalized ticket purchasing experience . January 30, 2024, Chennai, India - FitsAir, Sri Lanka's leading Low-Cost Airline, known for its commitment to punctuality, hassle-free travel, and affordability, proudly marks one year connecting Colombo and Chennai. To commemorate this significant milestone, the airline organized a special gathering event for travel agents and the media, shedding light on its remarkable journey and future plans. In an industry where dependability and cost-effectiveness are crucial, FitsAir has established itself as a notable player in the competitive Indian travel sector. Starting with three weekly flights, the airline now operates daily flights connecting Colombo and Chennai, providing passengers with exceptional convenience. Further, the consistent seat factor of 80% in the last quarter, reflects the trust of Indian travelers in FitsAir. -----------------------------------------...

Miss & Mrs Golden Face of South India Pageant 2024 creates awareness about Skin Donation

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A Spectacle of Beauty, Talent, and Star Power Winners Amaal, Varshini Venkat, Megha Rajiv, Jacklin Sophia, Nivedha Arunprasadh along with Rubaru Mr.India Gopinath Chennai: The Golden Face of South India 2024 has successfully completed it's grand finale at Hilton Chennai . The Founders of Wyndow Entertainments, Gopinath Ravi & Saravanan along with the Founder & CEO of ACTC Studio Hemanth aimed to raise awareness about the skin donation for the acid attack victims through this beauty pageant. We are honored to have in our midst the epitome of grace and charm, the chief guests for the event -  dazzling model and actress Amy Jackson and radiant actress Shreya Saran who crowned the winners of GFSI 2024 in their respective categories. Adding to the glamour, the renowned director & Honorary Chairman of Wyndow Entertainments, AL Vijay and the graceful brand ambassador Parvathi Nair shared the stage with our chief guests. ------------------------------------------------...

Ministers Pledge Support and Announce Key Initiatives Committing to Boost Real Estate Industry in TN

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Tamil Nadu's Real Estate Outlook Report Unveiled at STATECON 2024 Organised by CREDAI Tamilnadu Chennai, 29th January 2024: “Of the 43 requests consolidated, we are pleased to say 25 of them are in progress. We also assure the industry your needs are looked into and we will offer the maximum support. We are also looking into the Building Height approvals and FSI etc. and an announcement should be made at the earliest opportunity, said, Thiru. S. Muthusamy, Honorable Minister for Housing & Urban Development, at the inaugural session of South India’s largest Real Estate Conclave – STATECON , organized by CREDAI Tamil Nadu. The theme of the two-day conference was Conservatism to Cosmopolitanism. Lastly, commenting on the demand for self-certification to ease the approval process, the Minister put it back asking what about deviations. Would the industry take responsibility for the deviations? If the responses are favorable, it can be considered,” he concluded. Thiru. P.K. Sekar Bab...

Tamil Nadu economy expected to grow to US$ 2.6 Tn but will need investments of US$ 111 Bn by 2047: Knight Frank India – CREDAI Tamil Nadu report

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Tamil Nadu requires 20 mn urban homes by FY 2047 – 48  1.2 bn sq ft of office space required to provide workspace to support formal employment strength which is estimated to reach 19 mn by FY 2047-48 . Chennai, January 29, 2024: In its latest report – Tamil Nadu: Unveiling Economic Dynamism and Future Potential, by Knight Frank India , a leading real estate consultancy in the country, in association with the Confederation of Real Estate Developers' Associations of India (CREDAI)- Tamil Nadu, has estimated that Tamil Nadu’s Nominal Gross State Domestic Product (GSDP) would expand to approximately US$ 2.6 trillion by FY 2047-48. Tamil Nadu stands as the second-largest state economy in India, contributing 8.8% to the nation’s GDP. In FY 2023, the state GDP is estimated to have expanded to USD 294 bn. Over the 10-year period before the onset of the COVID-19 pandemic (FY 2009-2019), Tamil Nadu’s economy experienced an average annual growth rate of 11%. At this pace of growth, FY 2047-48...

ALLEN Career Institute honours Meritorious students as part of Annual Felicitation Program - "SOPAN"

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Chennai  :   Commenced its journey in 2019 and is currently celebrating its 6th year of mentoring excellence with the Annual Felicitation Program - "SOPAN." This event honors students who have achieved national recognition in various Olympiads, IIT JEE, and NEET (UG). The ceremony took place at Kamaraj Arangam, Chennai, on January 27, 2024, marking the third edition of SOPAN in Chennai. In this edition of SOPAN, a special video commemorating the journey, essence, and philosophy of mentoring, as well as the jubilant success, was launched. The event unfolded in two sessions. In the morning, laurels were bestowed upon students who excelled in Olympiads and secured top ranks in JEE Main 2023 & IIT JEE 2023. In the evening, students who qualified in NEET (UG) 2023, along with those who performed exceptionally well in internal examinations, were felicitated. Eminent personalities from society graced the occasion as special guests: Padmashri Dr. V Mohan , MD, FRCP (London), ...

Miles for a Cause: K10K Cancer Awareness Run by Kauvery Hospital Draws Families, Athletes and Fitness Enthusiasts

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Over 4700 people participated in the run to raise awareness on Cancer and early detection The run comprised two categories- 10Kms and 5Kms Chennai, 28th January, 2024 – In a prelude to World Cancer Day which falls on  February 4th, Kauvery Hospital Chennai successfully organized the second edition of the K10K Run following the remarkable success of last year's edition. The run, held at the Olcott Memorial Higher Secondary School, Besant Nagar, witnessed an incredible turnout of over 4700 participants, including fitness enthusiasts, professional runners, families, corporate employees, and students, all uniting to raise awareness about cancer. This initiative, featuring both 10 km and 5 km categories, aimed to emphasize the importance of early detection and prevention of cancer. The event marked a significant stride in creating awareness about the disease, which remains a global health concern.  The 10 km Flag off was done by Thiru Sandeep Rai Rathore DGP Commissioner of Police...

Grand Finale of ‘SIP Arithmetic Genius Contest 2023’ successfully held in Chennai

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252 finalists from 600,000 participants shortlisted from 23 states Chennai, 28th January 2024: The Grand National finale of the much-awaited event in the Calendar of Primary School Children across the country, SIP ALL INDIA ARITHMETIC GENIUS CONTEST 2023 held at Hotel Ramada Plaza by Wyndham in Chennai today. The Chief Guest of the day, Shri Ravi Teja Katta IAS, Regional Deputy Commissioner (North), Greater Chennai Corporation, graced the occasion and witnessed the little genius minds at work.  (L to R)  Sarala Kulasekaran, Director- SIP Academy; Dinesh Victor, Managing Director-SIP Academy; Ravi Teja Katta IAS, Regional Deputy Commissioner (North), Greater Chennai Corporation; Sibi Sekhar, Director-SIP Academy; Sandeep Wali, National Acquisition Manager-SIP Academy While addressing the gathering Shri Ravi Teja Katta, IAS said, “I am really surprised and happy to see these kids solve these mathematical sums with such speed at this very young age. They reminded my childhood da...

Eicher launches Non-Stop Series of Heavy-Duty Trucks in Chennai

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The four upcoming trucks in the range come with best-in-class power, promise of superior uptime and 100% connectivity Chennai, 24th January, 2024: Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Limited, launches the Eicher Non-Stop Series , a new range of heavy duty trucks meticulously designed for the fast evolving long haul transportation in Chennai. The Non-Stop series encompassing four new Heavy-Duty trucks are equipped with powerful and fuel-efficient engines and supported by a connected service ecosystem to deliver enhanced performance and superior Uptime to fleet owners. The Eicher Pro 6019XPT Tipper; Eicher Pro 6048XP, haulage truck; Eicher Pro 6055XP and the Eicher Pro 6055XP 4x2, tractor-trucks complement Eichers extensive line-up of Heavy, Medium and Light Duty trucks and buses. (2nd from left)  Vinod Aggarwal, MD & CEO, VECV; (3rd from left)  Gagandeep Singh Gandhok, Senior Vice President – HD Truck Business, VECV Commenting on the launch,...

Liberty shoes Introduces new comfort model Foot wear to expand its market share; Opens new store in Thiruvanmiyur

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Expands its footprint in Chennai with Grand Opening of Thiruvanmiyur store Chennai, January, 2024 — Liberty Shoes Ltd ., a name synonymous with comfort and style, proudly announced the inauguration of its newest store inThiruvanmiyur, Chennai . This marked a significant milestone for the iconic footwear brand as it expanded its footprint into one of the most vibrant cities in southern India. The event took place at the Thiruvanmiyurstore located at No 127, 41/12 ground floor, Muthukadu Road (ECR), Thiruvanmiyur, Chennai.The grand opening ceremony was graced by the presence of Mr Muthu Krishnan, Managing director (RM Hospital Thiruvanmiyur) and Mr Beer Mohideen (Director of day & day private limited). --------------------------------------------------- Youtube video link ЁЯСЗ  https://youtu.be/mBmRTaKh-mA?si=8m1udXWxRs-cjipI --------------------------------------------------- The store boasts of a spacious and inviting atmosphere spread across a sprawling 1340 sq. ft with an impre...

Kauvery Cancer Institute Unveils Race Kit for K10K awareness run

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Ready, Set, Raise: Countdown Begins for K10K Cancer Awareness Run Chennai, 27th January, 2024– Lace up as Kauvery Hospital Alwarpet &  Vadapalani Chennai gears up to host the second edition of the K10K Run – A Cancer Awareness Run . In an exciting prelude to the main event, Kauvery Hospital unveiled the race kit for K10K cancer awareness run, an event dedicated to raising awareness about cancer. Dr. A. N. Vaidhyswaran, Director and Senior Consultant, Radiation Oncologist, Kauvery Hospital, Chennai in the presence of Dr Iyappan Ponnuswamy, Medical Director, Kauvery Hospital, Chennai & Dr. Sujay Susikar, Consultant, Surgical Oncologist, Kauvery Hospital, Chennai inaugurated the event, adding his insights and support to this noble cause. Now in its second edition after a triumphant debut last year, this annual event is a rallying call to raise awareness about cancer and galvanize a collective effort in the ongoing battle against this formidable disease.  -----------------...