Chennai

Bollywood producer Boney Kapoor has approached the Madras High Court seeking resolution in a property dispute related to late actress Sridevi’s Chennai residence. The case revolves around ownership and inheritance issues following Sridevi’s demise, highlighting the complexities of familial property claims in India. Kapoor’s legal action underscores the sensitivity of managing estates of high-profile personalities and the importance of judicial intervention in safeguarding rights.

Maxivision Eye Hospitals has marked a significant expansion milestone by inaugurating 10 new state-of-the-art facilities across Chennai. The move underscores the group's strategic focus on deepening its footprint in Southern India, particularly in Tamil Nadu, which has emerged as a key healthcare hub. With this ambitious rollout, Maxivision aims to offer accessible, high-quality ophthalmic care to a broader population while strengthening its leadership position in specialized eye treatment.

Unifi Capital, a Chennai-based asset management firm known for its value-driven investment philosophy, has exited its position in Marksans Pharma Ltd., a mid-cap pharmaceutical company. The move signals a broader rebalancing of the fund’s portfolio as it reassesses sectoral exposure and redeploys capital into new opportunities. While the sale may raise questions about Marksans Pharma’s near-term prospects, market watchers interpret the transaction as a routine investment rotation rather than a bearish outlook.

In a strategic push to deepen customer engagement and enhance its retail footprint in South India, JSW MG Motor has inaugurated a state-of-the-art Experience Centre in Chennai. The initiative aligns with the company's vision to blend immersive brand storytelling with digital innovation, especially as India’s electric vehicle (EV) landscape continues to evolve rapidly.

Croma, the electronics retail arm of the Tata Group, has expanded its presence in Tamil Nadu with the launch of a new outlet in Chennai. The move aligns with the company's broader strategy to strengthen its offline retail network across South India, tapping into rising consumer demand for electronics and appliances. The new store offers a curated range of tech products, supported by personalized services aimed at enhancing the customer experience.

Daimler India Commercial Vehicles (DICV), a subsidiary of Daimler Truck AG, has introduced a new range of BharatBenz trucks—HX and TorqShift series—targeted at India’s rapidly expanding construction and mining industry. The launch, held at the company’s manufacturing facility in Oragadam, Tamil Nadu, follows six months of rigorous field trials involving nearly 200 units across multiple job sites.

TVS Srichakra Ltd, one of India’s leading tyre manufacturers, has expanded its branded retail network in Tamil Nadu with the launch of two new flagship stores under the Eurogrip Tyres brand in Chennai. Located in Selaiyur and Villivakkam, the outlets are designed to offer comprehensive tyre care and automotive services, aligning with the company’s strategy to enhance customer experience and deepen market penetration in key urban centers.

Brigade Enterprises Limited, one of India’s prominent real estate developers, has announced a major foray into Chennai’s residential sector with its newly launched project, Brigade Morgan Heights. Positioned strategically along the Sholinganallur-Medavakkam corridor, the 14.7-acre development encompasses 1,250 housing units and carries a projected gross development value (GDV) of Rs. 2,100 crore. Developed under a joint development agreement, the project spans a built-up area of 2.2 million square feet.

In a bold move signaling the rising prospects of North Chennai's real estate landscape, G Square Realtors Pvt Ltd has acquired 62.38 acres to develop 1,091 premium villa plots across the Red Hills, Puzhal, and Karanodai regions. Backed by a Rs. 230 crore investment, the project aims to transform the perception of North Chennai from an industrial periphery to a thriving residential hub.

London-based tech innovator Nothing is set to manufacture its highly anticipated flagship, Phone (3), in India, reinforcing its long-term commitment to the country’s rapidly evolving electronics ecosystem. Built at the company’s Chennai facility—already staffed by over 500 workers, 95% of whom are women—the Phone (3) represents a pivotal leap forward for the startup, which has previously released all its smartphones from India.