MARAIMALAINAGAR
Loss due to Cyclone Michaung expected to be over Rs 11,000 crore
K. E. Raghunathan said the estimate has been segregated into business loss due to production being stopped, machinery or asset loss and material loss. Raghunathan said the population in KTCC (Kanchipuram, Tiruvallur, Chennai and Chengalpattu districts) in Tamil Nadu alone is assumed to be 1.75 crore with over 3.50 lakh industries spread over 12 SIDCO/SIPCOT constructed industrial estates at Kakkalur, Thirumalisai, Gummidipoondi, Ambattur, Guindy, Thirumudiwakkom, Oragadam, Siruseri, Sriperumbudur, Kanchipuram, Kodungaiyur, Maraimalainagar apart from the private industrial parks and IT sector office buildings.
Ford's present and former workers in India are on the job look out
In September 2021, Ford India announced its decision to wind down vehicle assembly in Gujarat's Sanand by the fourth quarter of 2021, and vehicle and engine manufacturing in Chennai by the second quarter of 2022. Ford India has four plants in the country -- vehicle and engine plants in Chennai and Sanand.
Ford India workers continue protest demanding better compensation for job loss
"The management has offered 85 days pay for every completed year of service. Also, a fixed sum of Rs 42,500 for every completed year of service. Earlier they had offered 75 days of salary and the fixed sum at Rs 20,000 for every completed year of service," a worker union official told IANS preferring anonymity.
Ford India workers waiting for good compensation for loss of jobs
"The management said they will come out with their offer on Wednesday afternoon. We are waiting for the same. If the offer is acceptable, then it is fine and if not, we will continue our protest," the union official told IANS, preferring anonymity. According to him, around 1,000 workers are inside the plant at Maraimalainagar near here and about 700 are outside the gates.
Ford's India factories near end of road, talks on with Ola for contract manufacturing
Ford went slow with their contract manufacturing discussions for two years because "talks were at an advanced level with Mahindra & Mahindra" and was looking at "cross badging and new product alliance plans with the Indian partner would take care of Ford India's 400000 units per annum capacity at Maraimalainagar and Sanand," said a source.
Chennai floods disrupt auto parts supply across India
Said N Raja, SVP and director marketing, TKM: "We have around 50 Tier I and many Tier II suppliers in Chennai who are impacted by the floods there.
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Amit Shah to arrive in Tamil Nadu tomorrow
Shah is scheduled to address a public rally at Maraimalainagar near the city tomorrow and meet BJP workers on Sunday, party sources said.
Employers' Federation of Southern India writes to Jayalalithaa on 'militant' labour union
EFSI, the oldest body representing companies, has appealed to the Tamil Nadu CM Jayalalithaa to act against the New Democratic Labour Front.
We are recognised as a credible supplier in China: SFL CMD
In an interview to ET, Krishna discussed the company’s performance in 2009-10 and growth prospects.
TN investment surge to breach Rs 50,000 cr mark by March 2010
Fresh investments into Tamil Nadu is set to breach the Rs 50,000 crore mark by the close of this fiscal with the manufacturing sector contributing a sizeable chunk of it.
Chennai realtors push for resale
With falling buyer interest in new properties on offer, realtors in Chennai are trying hard to drive the resale market to keep business going.
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