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Guidance Tamil Nadu (formerly Tamil Nadu Industrial Guidance and Export Promotion Bureau [1]) is the investment promotion agency of the Government of Tamil Nadu. It is constituted to reach out to prospective investors and make them invest in the state of Tamil Nadu .
The Tamil Nadu Industrial Investment Corporation Limited (TIIC), is a government company incorporated under the Indian Companies Act 1913 and continues to be a government company under the Companies Act, 1956. The authorized share capital of the company is ₹300 crores and the paid-up capital of the company is ₹283.4956 crores [2]
A human investment professional: An investment manager is a great “do-it-for-me” option for those who want to spend just a few minutes a year worrying about investing. It’s also a good ...
Cholamandalam Investment and Finance Company Limited (CIFCL) is an Indian non-banking financial company and investment service provider, headquartered in Chennai. [ 3 ] [ 4 ] Established in 1978, it is a part of the Murugappa Group .
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities ...
The Government of Tamil Nadu facilitated the signing of 304 MoUs for a total investment of ₹3 lakh crores (US$42 billion). [3] [4] Adani Group and Indian Oil Corporation committed to investing ₹28,000 crores (US$3.9 billion), the majority of which was to develop the Kattupalli shipyard. [5]
Tamil Nadu has the third largest economy of any state in India. [16] The state is also the most industrialised in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%. [4] Aircel was founded by Chinnakannan Sivasankaran and commenced operations in Tamil Nadu in 1999. It was once a market leader in Tamil Nadu and had considerable presence in Odisha, Assam and North-East telecom circles.