CHENNAI PLUS

ArcelorMittal Nippon Steel India (AM/NS India)   announced the inauguration of an advanced Pickling Line and Tandem Cold Mill (PLTCM) by His Excellency Mr. Keiichi Ono, Ambassador of Japan to India at the company’s flagship plant in Hazira, Gujarat. With a capacity of 2 million tonnes per annum, the state-of-the-art PLTCM has been inaugurated as a key addition to AM/NS India’s automotive manufacturing capabilities and will soon be configured to produce high‑quality, cold‑rolled base steel, which will be used to manufacture world-class products, including first-of-its kind as well as patented steel solutions from parent companies ArcelorMittal and Nippon Steel. The new line marks a major step towards making India fully self‑reliant in the production of Advanced High Strength Steel (AHSS) to meet the growing needs of the automotive industry. Among the most advanced production lines in India, the facility integrates state‑of‑the‑art process technology, superior automation, and glo...

Chennai’s summer carts are dominated by muskmelon and watermelon, highlighting a strong reliance on hydrating fruits to combat the intense heat. The city’s consumption is rooted in practicality, with a clear preference for cooling, water-rich staples. Nationally, Instamart’s Summer Trends 2026 report captures exactly how India orders its way through the heat, not just what’s trending, but what’s ritual. As temperatures climbed through March and April, demand in India surged sharply across categories, with top products growing up to 300% week-on-week. Fruits, cold coffee, fizzy drinks, and popsicles saw rapid spikes, while cooling appliances like fans grew over 280% and sunglasses recorded a massive 650% YoY growth. India’s Scorchingly Big Summer Baskets ●        Hyderabad’s biggest summer cart crossed 11K with ice cream, mangoes, cool drinks, and buttermilk ●        Bengaluru’s top summer spender crossed 11K on cold cof...

 V edanta Limited announced its unaudited Consolidated Results for the fourth quarter and full year ended 31 st March 2026, delivering its strongest financial performance to date. Vedanta achieved its highest-ever quarterly revenue of 51,524 crore , up 29% YoY , while annual revenue rose to 1,74,075 crore, up 15% YoY. EBITDA for the quarter surged to a record 18,447 crore, up 59% YoY , with margins expanding sharply by 915 bps YoY to 44%. For FY26, EBITDA stood at 55,976 crore, up 29% YoY , with margins at ~39%. The company reported a record-breaking Profit After Tax of 9,352 crore in Q4 FY26 , up 89% YoY. For the full year, Profit After Tax stood at an all-time high of 25,096 crore, reflecting a 22% YoY increase. This performance was driven by robust operational delivery and cost efficiencies. The company’s balance sheet strengthened significantly, with Net Debt to EBITDA improving to 0.95x, its best level in the last 14 quarters , compared to 1.22x a year ago. Credit ...

  After achieving robust volume growth over the past 4 years, Mahindra’s Truck and Bus Business inaugurated its state-of-the-art 3S dealership in Chennai,Tamil Naduwith12service bays, the facility can service more than 15vehicles per day while also providing driver lodging, 24-hour breakdown assistance and AdBlue availability. Speaking on the occasion, Mr. Vinod Sahay, Chairman – SML Mahindra and Mahindra Advanced Technologies & President – Mahindra Aerospace, Trucks and Buses, Member of Group Executive Board, Mahindra Group said, "Delighted to inaugurate our new state-of-the-art dealership in Chennai with M/s Sri Selvi Motors Pvt. Ltd. Mahindra Trucks and Buses and SML now have a combined strength of over 2003S dealerships and over 400 secondary service touch points for trucks and buses across the country, providing world-class customer care to our valued customers. With close to 7% market share in trucks and buses, the Mahindra Group today has a 24% market share in I&...

ICICI Bank has announced the implementation of biometric authentication for UPI transactions through iMobile, the Bank’s mobile banking application. The feature enhances user experience by allowing them to authorise transactions up to 5,000 via facial recognition or fingerprint authentication. This new feature does away with the need to manually enter UPI PIN for transactions up to the threshold.   The introduction of biometrics brings in the dual advantage of faster payments and security, by eliminating the risk of shoulder-surfing in public spaces. Customers can authorise UPI transactions such as peer-to-peer money transfer, scan QR for in-store payments, or online payments through their biometrics. For transactions above 5,000, the customer will require their existing UPI PIN to authorise the payment.   An ICICI Bank spokesperson, said, “Safeguarding our customers’ interest has always been at the centre of our operations, and we believe in providing our customers ...

CaratLane – A TATA Product is flooding the television screens across the country with their Mother’s Day campaign featuring brand ambassador Yami Gautam Dhar. Centred around the idea of gifting mothers a diamond as a symbol of love and a reflection of gratitude, and gifting yourself a diamond, because you’re her favourite. The first two films of the campaign saw high-impact visibility during the ongoing Indian Premier League, with placements across Star Sports and JioHotstar, complemented by strong regional presence on channels like Colours Tamil, Jalsha Movies and Star Utsav Movies. Together, these drove widespread national and regional reach for the brand. The film has been released just in time for Mother’s Day — celebrating the joy of gifting, with a heartwarming twist of choosing something for mom, and a little something for yourself. Shaifali Gautam, CMO – CaratLane , remarked, “ As we return for our second season advertising on the Indian Premier League, the platform allows ...