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Exploratory conversations have taken place between Murugappa Group-owned CG Semi, which is building an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. It's the first time Apple is evaluating the prospect of having certain chips assembled and packaged in India. Apple is in preliminary talks with some Indian chip manufacturers to assemble and package the component for the iPhone, said people with knowledge of the matter, a move that would mark a key step up in the v ...Read More >
CHENNAI: Arunachalam Vellayan (72), former Chairman of the Murugappa Group and Chairman Emeritus of Coromandel International, passed away on Monday after a prolonged illness, the ₹902-billion Murugappa Group said in an official statement.A fourth-generation member of the Murugappa family and great-grandson of Dewan Bahadur Murugappa Chettiar -- founder of the 125-year-old conglomerate -- Vellayan is survived by his wife Lalitha Vellayan, sons Arun Vellayan and Narayanan Vellayan, and his grandc ...Read More >
CHENNAI: The Murugappa Group announced the passing of Arunachalam Vellayan (1953-2025), chairman emeritus of Coromandel International and former chairman of the Murugappa Group, earlier today after a prolonged illness. He is survived by his wife Lalitha Vellayan, his sons Arun Vellayan, Narayanan Vellayan and grandchildren. Vellayan dedicated several decades to the Group, providing strategic direction across its diversified businesses. His vision, integrity and long-term approach to value crea ...Read More >
Wendt (India) Ltd reported consolidated profit for the October-December 2024 quarter at Rs 8.22 crore, the company said on Wednesday.Wendt (India) Ltd reported consolidated profit for the October-December 2024 quarter at Rs 8.22 crore, the company said on Wednesday. The abrasive and precision component manufacturer has reported a consolidated profit of Rs 9.60 crore during the corresponding quarter of last year. For the nine months ending December 31, 2024, the consolidated profit stood at Rs 2 ...Read More >
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