BSNL LAND SALE CHENNAI
ED eyes Rs 151 crore BSNL land deal in Chennai for new office complex
The Directorate of Enforcement is set to acquire a significant land parcel from BSNL in Chennai. This move aims to establish a new office complex for the agency. The proposal is under review, with a final decision anticipated soon. This expansion reflects the ED's growing responsibilities and increasing case load across India.
Gold price in Chennai today (April 22, 2026): 24K, 22K gold rates at GRT Jewellers, VBJ, Jeyachandran Gold House, IBJA
Gold prices in Chennai are showing slight fluctuations. Buyers and investors are watching daily changes closely. Fine gold, 22 carat, 20 carat, 18 carat, and 14 carat gold rates are updated. Leading jewellers in Chennai are quoting similar prices for different gold purities. Tanishq and Kalyan Jewellers also report price changes across major Indian cities.
Sunteck Realty posts 34% growth in FY26 net profit, revenue up 32%
Sunteck Realty has announced a significant 34% jump in net profit for the financial year 2025-26, reaching Rs 202 crore. This strong performance was fueled by robust sales momentum and steady margins. Revenue also saw a substantial increase of 32% for the full year. The company's operational pre-sales grew by 25% annually.
Chennai metro discontinues CMRL travel card and urges users to switch to Singara Chennai Card; Know what happens to your money
Chennai Metro Rail Corporation is phasing out its CMRL travel card. Commuters must transition to the Singara Chennai Card, a National Common Mobility Card. This change aims for seamless travel across India's public transport. Remaining balances on CMRL cards can be transferred to the new card or a QR Stored Value Pass.
Gold price in Chennai today (April 21, 2026): 24K, 22K gold rates at GRT Jewellers, VBJ, Jeyachandran Gold House, IBJA
Leading jewellery retailers across the city quoted nearly identical rates for 24k, 22k, and 18k gold. As per the latest trends, the price of 24 karat gold was over Rs 15,500 per gram while 22 karat gold was largely priced between Rs 14,230 to Rs 14,300 per gram.
Maharashtra considers rationing of fertilisers, says minister Dattatray Bharane
Maharashtra will ration fertiliser sales to farmers for the upcoming kharif season. The state government seeks Centre approval for this plan. This move aims to prevent malpractices and ensure fair distribution. Digital data on sowing and landholdings will help estimate farmer needs.
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CII proposes comprehensive reforms to streamline industrial land access in India
The Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing by making land access easier and more transparent. The proposals include a national land bank and a digital single-window system. These changes are expected to speed up projects and attract more investment.
M K Stalin unveils Chennai-focused 'Super Six' development promises ahead of Tamil Nadu polls
Tamil Nadu Chief Minister MK Stalin has launched a special development package for Chennai. This initiative focuses on improving urban infrastructure and creating future job opportunities. Key promises include enhanced drinking water supply and a new cultural center. The plan also aims to expand the Chennai Metro Rail and invest in a dedicated hub for artificial intelligence and related technologies.
CII calls for GIS-enabled national land bank to ease industrial acquisitions
The Confederation of Indian Industry (CII) is advocating for a unified national industrial land bank. This initiative aims to create an online system simplifying land acquisition for factories. The proposed system will offer comprehensive land details. Reforms include standardized impact assessments and faster acquisition processes. Uniform stamp duty is also recommended to streamline investments across states.
Establish 'GST-like' industrial land council for dispute resolution: CII
Industry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve disputes. A key recommendation is a unified, GIS-enabled land bank for transparency and faster investment decisions. The report also advocates for uniform stamp duties and a digital single-window system to streamline industrial land processes across India.
CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisition
The Confederation of Indian Industry (CII) has proposed a unified national industrial land bank with a GIS-enabled system to streamline land acquisition for manufacturing. The proposal includes standardized social impact assessments, district-level acquisition cells, and a dispute registry to reduce timelines and enhance transparency.
DMK Chennai manifesto: CM Stalin unveils six initiatives ahead of Tamil Nadu Assembly polls
DMK manifesto: Tamil Nadu Chief Minister M K Stalin unveiled the DMK's Chennai manifesto, highlighting six key initiatives. These plans aim to upgrade community spaces, enhance public transport with new mini-buses and AI traffic management, and expedite infrastructure projects.
Hidden risks in mortgaged properties: Essential due diligence steps for safe buying
A Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that buyers are entitled to a full refund of their deposit when sellers fraudulently hide property encumbrances. This case underscores the importance of thorough due diligence for property buyers.
Sebi clears IPOs of Avaada, Grand Housing & 2 others
The Securities and Exchange Board of India has approved IPOs for four companies, including Avaada Electro, Brookfield-backed Avaada Group's solar PV manufacturing arm. Chennai-based Grand Housing will launch an entirely offer-for-sale IPO by its promoter. Sebi provided observations for Avaada Electro's confidential DRHP filed in October 2025.
Sebi clears four IPOs including Avaada Electro and Grand Housing
Securities and Exchange Board of India approved IPOs of Avaada Electro Grand Housing Sonaselection India and Vishal Nirmiti with Avaada leading as a major renewable energy listing aimed at expansion and growth
Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled it
An Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal, Chennai, has now cancelled this penalty. The tribunal ruled that the omission was accidental and bona fide, especially as it was the first year of the reporting requirement.
Renault bets big on India, plans seven-model portfolio by 2030
Renault is set to launch seven new models in India by 2030. The company aims for India to become one of its top three global markets. Its Chennai manufacturing facility will become a global export hub. This strategic move signals Renault's ambition to significantly increase its presence and market share in India.
Renault targets India among its top three markets by 2030, CEO says
French automaker Renault is aiming for India to be among its top three global markets by 2030. The company plans to introduce seven new vehicles, including electric models. By the end of the decade, Renault expects electrified vehicles to represent approximately half of its sales in India. This strategic move underscores Renault's commitment to the growing Indian automotive sector.
Brigade Enterprises to build 39-acre township in Bengaluru, aims Rs 7,200-cr revenue
Realty firm Brigade Enterprises Ltd on Wednesday said it will develop a 39-acre township project in Bengaluru with an estimated revenue potential of Rs 7,200 crore.
Tata Group firm Tejas Networks shares sink 6% after Q4 loss widens by 193%. Check details
Tejas Networks reported a significant widening of its net loss to Rs 211.3 crore in Q4 FY26, with revenue plummeting 82.6% year-on-year. Despite the weak operational performance, the company's order book grew 49% to Rs 1,514 crore, indicating strong future demand.
Assets dip, affiliations shift: Stalin, Udhayanidhi among Tamil Nadu leaders reporting lower wealth
M. K. Stalin, Udhayanidhi Stalin and other Dravida Munnetra Kazhagam leaders have reported a decline in declared assets over five years, largely due to exiting business links under scrutiny, while the wealth of their spouses has risen in several cases.
CBSE Class 10 Results: How to check and download scores via UMANG app
CBSE Class 10 Results via UMANG APP: The CBSE Class 10 results for 2026 were released on April 15. Students can conveniently access their digital marksheets and certificates via the UMANG application by logging in with their registered mobile number, entering their roll number and date of birth. This provides a reliable alternative to official websites during peak traffic.
Ashiana Housing to invest Rs 800 crore for land acquisition in FY27
Ashiana Housing plans to invest ₹800 crore in land acquisition across India in FY27, a senior executive said. The company reported record senior living sales of ₹570.2 crore in FY26, driven by strong demand in the segment.
Dharavi redevelopment gathers pace; 11,000 rehab homes planned on railway land
The Dharavi Redevelopment Project is accelerating, and residents in Sector-6 on railway land have been urged to cooperate and vacate homes. Construction of new rehabilitation buildings will begin soon. Residents have been offered transit accommodation or rental support.
Mindspace REIT acquires 51% stake in 2.6-million-sq-ft Chennai IT park for Rs 1,500 cr
Mindspace Business Parks REIT has acquired a significant stake in a Chennai IT park. The deal values the property at Rs 3,000 crore. This acquisition, along with another recent purchase, strengthens the REIT's presence in Chennai. It positions Mindspace REIT as a major owner of commercial office assets in the city.
Puravankara Ltd Q4 pre-sales jump 3-fold to Rs 3,547 cr; 55 pc rise in FY26 to Rs 7,407 cr
Realty firm Puravankara Ltd on Monday reported nearly 3-fold jump in pre-sales to Rs 3,547 crore in the fourth quarter of the last fiscal year on better demand for residential properties.
BJP Tamil Nadu manifesto: From free LPG to Rs 2000/month for women, here are all promises
The Bharatiya Janata Party has unveiled its manifesto for the Tamil Nadu assembly polls. The party is focusing on women voters with promises of financial assistance. Key announcements include monthly pensions for women heads of households and fishermen. The manifesto also outlines plans for job creation for youth and improvements to the state's rail network.
Lodha Developers expects Rs 2 lakh crore revenue from monetisation of land bank
Lodha Developers possesses a substantial land bank with a projected revenue of Rs 2 lakh crore. The company plans to reduce land acquisition spending in the coming years. This strategic shift aims to boost free cash flow. Lodha Developers has been actively acquiring land parcels across key Indian cities.
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