The TVS family has been engaged, for more than a century, in a diverse range of businesses through various entities in which the branches of the TVS family have invested in or through T V Sundaram Iyengar & Sons, Sundaram Industries, and Southern Roadways - collectively referred to as the TVS Holding Companies.
Janata Party president Subramanian Swamy on Friday announced forming of an Action Committee Against Corruption in India with special focus on illegal money flow in and out of the country.
T S Santhanam, founder and chairman of Sundaram Finance Ltd and vice-chairman of TVS Group of companies, died in Chennai on Friday morning, company sources said.
'There are a lot of companies that have been struggling really hard expecting to do better year after year.' 'All these people will think now, "Let me not fight any more. Let me end this".'
'Where will industry have funds when they open up?'
'If not, we can become frighteningly chaotic, more chaotic than what we are today.' 'In today's environment in the country, we still have a window of opportunity.'
In the fifth of a six-part series, Business Standard visits Coimbatore, often referred to as the Manchester of South India for its promising textile industry, to assess the impact of the note ban.
'Our concern is about today and there is nothing in the Budget for the MSME sector to feel positive right now.'
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'