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Prestige Estates Projects Limited (PRESTIGE) Gets a Buy from UBS
Prestige Estates Projects Limited (PRESTIGE) Gets a Buy from UBS

Business Insider

time3 days ago

  • Business
  • Business Insider

Prestige Estates Projects Limited (PRESTIGE) Gets a Buy from UBS

In a report released yesterday, Aditya Chandrasekar from UBS maintained a Buy rating on Prestige Estates Projects Limited (PRESTIGE – Research Report), with a price target of INR1,725.00. The company's shares closed yesterday at INR1,466.60. Confident Investing Starts Here: According to TipRanks, Chandrasekar is a 2-star analyst with an average return of 22.5% and a 100.00% success rate. Chandrasekar covers the Real Estate sector, focusing on stocks such as Prestige Estates Projects Limited, DLF Limited, and Oberoi Realty Limited. Currently, the analyst consensus on Prestige Estates Projects Limited is a Moderate Buy with an average price target of INR1,825.00, representing a 24.44% upside. In a report released today, Jefferies also maintained a Buy rating on the stock with a INR1,700.00 price target. Based on Prestige Estates Projects Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR20.25 billion and a net profit of INR2.33 billion. In comparison, last year the company earned a revenue of INR16.81 billion and had a net profit of INR2.67 billion

School buses come under thorough inspection
School buses come under thorough inspection

The Hindu

time14-05-2025

  • General
  • The Hindu

School buses come under thorough inspection

Joint inspection of school vehicles under Tamil Nadu Motor Vehicles (Regulation and Control of School Buses) Rules in Virudhunagar district to ensure safety of students was conducted here on Wednesday. Collector V.P. Jeyaseelan visited the Armed Reserve Ground where the inspection of school buses were being done by officials from the district administration and the departments of Police, Transport and School Education. During the inspection, the officials inspected whether the fire fighting equipment were properly maintained in the buses and whether the vehicles had first aid boxes. The Collector also checked the working of emergency exits in the buses and whether speed governors were fitted in the vehicles so that the drivers cannot operate the buses in higher speed. As it has been mandated for the school administration to appoint attenders with due licence, the officials verified the licence of the attenders. These attenders have to help the students while boarding and alighting. The officials also checked whether the footboards of the vehicles were properly designed for the students to easily climb up and down from the buses. As per the rules, the first step should be 25 cm to 30 cm above ground level. The officials also inspected whether the driver's cabin was duly separated. They also checked the seating arrangment, including whether they were firmly fitted on the floor of the bus. They also tested the stability of the bus floor, railings in the windows to prevent the children from protruding their hands and heads out of the body of the bus. A total of 819 school buses belonging to 177 private schools have been given licence in Virudhunagar district by different Regional Transport Offices. Among the 569 school buses which were subjected to inspection, 500 buses were cleared for transportation of the students, while 69 buses were rejected for certain shortcomings. The respective school administration has been advised to take corrective measures in those vehicles for another round of inspection. Medical camps were organised for the school bus drivers on the occasion. Experts from '108' ambulance services demonstrated life-saving techniques and firemen demonstrated fire-fighting techniques to the bus drivers. Additional Superintendent of Police K. Ashokan; District Officer (Fire and Rescue Services) Chandrasekar; Revenue Divisional Officer- Sattur Sivakumar; Regional Transport Officers, Manickam (Virudhunagar), Chandrasekar (Srivilliputtur), Velumani (Sivakasi); Deputy Superintendent of Police Yogeswaran; District Educational Officer (Private Schools) Subburaj were among those who were present.

TN: Four arrested for robbing diamond worth Rs 20 Cr from diamond merchant
TN: Four arrested for robbing diamond worth Rs 20 Cr from diamond merchant

United News of India

time05-05-2025

  • United News of India

TN: Four arrested for robbing diamond worth Rs 20 Cr from diamond merchant

Thoothukudi (Tamil Nadu), May 5 (UNI) The Thoothukudi police on Monday arrested four persons involved in robbing a diamond worth Rs 20 crore from a diamond merchant after assaulting him at Chennai. Police sources said the four-member-gang, identified as L John Loyd (34), S Vijay (24), R Rathish (28) and G Arun Pandiyarajan alias 'London' Rajan under the guise of purchasing the diamond from the diamond merchant V Chandrasekar (69) asked him to come to a hotel at Vadapalani in Chennai on Sunday. When Chandrasekar went to the room where they were staying in the hotel, the gang allegedly robbed the diamond after assaulting him. They also tied the hands and legs of the merchant before fleeing the room. Chandrasekar was rescued by the hotel employees after his daughter, who accompanied his father and waiting at the reception, grew suspicious as he did not come out even after a long time and alerted them. The Vadapalani police had registered a case and formed four special teams to arrest the culprits. Meanwhile, the Thoothukudi police while on a patrol near the Pudur Pandiyapuram toll plaza, intercepted a car on suspicion and interrogated the four occupants. As they gave a contrary confession, the police interrogated them and detected their involvement in the diamond heist. The diamond was recovered from them. A special police team from Vadapalani rushed to Thoothukudi and took custody of the four accused and took them to Chennai for further investigation. UNI GSM SS

T.N. government will bear GST on MLA constituency development fund: CM Stalin
T.N. government will bear GST on MLA constituency development fund: CM Stalin

The Hindu

time27-04-2025

  • Politics
  • The Hindu

T.N. government will bear GST on MLA constituency development fund: CM Stalin

Tamil Nadu Chief Minister M.K. Stalin on Saturday (April 26, 2025) told the Assembly that the State government would bear the 18% GST levied on the MLA constituency development fund. Responding to Congress member Chandrasekar, the Chief Minister said other members had also brought to his notice that the GST on execution of works under the MLA constituency development scheme had affected projects. He said that Tamil Nadu had the highest allocation for the scheme and that every constituency received ₹3 crore per year. 'The government will bear the GST to ensure that the works are not affected in constituencies,' he further said.

‘Govt. will bear GST on MLA constituency development fund'
‘Govt. will bear GST on MLA constituency development fund'

The Hindu

time26-04-2025

  • Politics
  • The Hindu

‘Govt. will bear GST on MLA constituency development fund'

Chief Minister M.K. Stalin on Saturday told the Assembly that the State government would bear the 18% GST levied on the MLA constituency development fund. Responding to Congress member Chandrasekar, the Chief Minister said other members had also brought to his notice that the GST on execution of works under the MLA constituency development scheme had affected projects. He said that Tamil Nadu had the highest allocation for the scheme and that every constituency received ₹3 crore per year. 'The government will bear the GST to ensure that the works are not affected in constituencies,' he further said.

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