Vangal, US firm tie up

Entrepreneur-investor Ramesh Vangal is likely to team up with US-based business process outsourcing (BPO) firm Sutherland Global Services to wrest majority control in Cambridge Solutions. Vangal......

Vangal, foreign investors to sell TMB holdings

Ramesh Vangal and foreign investors backing him have decided to exit the Nadar community-controlled Tamilnad Mercantile Bank (TMB). The buyers include Kuwait and Brunei sovereign wealth funds,......

Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

Katra-Norway firm to launch 'floating port'

Ramesh Vangal-promoted Katra Group has joined hands with Norway-based marine transport major Wilh Wilhelmsen to launch a 'floating port.'The floating port is a 250-metres long ship with 123,705......