The USA-based Starbucks Coffee Company has signed an MoU with the Tamil Nadu government to establish its first Global Capability Centre (GCC) in India. The proposed facility will be located in Chennai.
The USA-based Starbucks Coffee Company has signed an MoU with the Tamil Nadu government to establish its first Global Capability Centre (GCC) in India. The proposed facility will be located in Chennai.
The National Commodity & Derivatives Exchange Limited (NCDEX) has launched “RAINCHNNAI”, a rainfall-based weather derivatives contract in Chennai to help market participants hedge risks associated with the Northeast (NE) monsoon.
The contract uses a cash-settled futures model to track rainfall deviations in Chennai between September and December. It is to be noted that the NE monsoon, also known as the retreating monsoon, contributes nearly 70% of the annual rainfall in Chennai.
The 2nd edition of the bilateral maritime exercise named “SAHYOG HOP-TAC” between the Indian Coast Guard (ICG) and the Vietnam Coast Guard (VCG) has concluded off the coast of Chennai.
The ICG deployed 8 ships and 6 aircraft for the exercise, while the VCG was represented by the patrol vessel CSB 8002 and a 6-member delegation.
Larsen & Toubro, through its AI infrastructure arm Vyoma.AI, has bagged a contract worth between ₹10,000 crore and ₹15,000 crore from the USA-based Together AI (Together Computer Inc) to build the largest single-cluster NVIDIA B300 AI factory in India.
The facility will be established at the L&T data centre campus in Chennai, and is designed to deploy 10,000 NVIDIA B300 Graphics Processing Units (GPUs).
The Government of India has signed a $230 million loan agreement with the Asian Development Bank (ADB) for the “Chennai Climate-Resilient Water Security and Sewerage Project”.
The initiative aims to modernize water supply and sanitation infrastructure in Chennai to strengthen the resilience of the city against climate change. The project also seeks to improve public health and quality of life by establishing a more efficient and financially sustainable urban water system.
Sridhar Vembu, Co-founder of Zoho Corporation Pvt Ltd, has inaugurated the Thiruvanmiyur campus of the VELS Institute of Science, Technology, & Advanced Studies (VISTAS) in Chennai. It is to be noted that this facility is recognised as India's first AI-integrated vertical university campus.
The IIT Madras has officially introduced OmegaBall to India by hosting a grand launch event and an inter-college tournament at its Chennai campus.
OmegaBall is a high-intensity, fast-paced variant of football that redefines traditional gameplay by featuring three teams on the pitch simultaneously.
International Labour Day (May Day):
Day – May 01
Theme 2026 – "Ensuring a Healthy Psychosocial Working Environment"
Observed since – 1923
Commemorating – Labour strike in Chicago, USA in 1886 for 8-hour workday
Also known as – ‘May Day’, ‘Antar Rashtriya Shramik Divas’, and ‘Kamgar Din’