Tamil Nadu Newsprint & Papers Ltd (TNPL)

Innovative and Eco-Friendly Polling Booths Set Up in Tamil Nadu - 21 Apr, 2024

Tamil Nadu has set up innovative and eco-friendly polling booths for the Lok Sabha elections, utilising natural materials like coconut and bamboo leaves for shade and decoration. The booths were established by the District Collector in collaboration with volunteers from the TN Climate Change Mission, promoting sustainability and reducing plastic waste. A video of one such booth has garnered widespread appreciation online.

Ind-Ra Estimates Maharashtra, Karnataka and Gujarat to Achieve $1 Trillion Mark by FY39 - 08 Apr, 2024

According to Ind-Ra, Maharashtra, Karnataka, and Gujarat are expected to be the first states to achieve a $1 trillion economy by FY39. However, they may miss their targets as per their respective state goals. Tamil Nadu is expected to reach the target by 2030, while Uttar Pradesh will only achieve it by FY42. India aims to reach the $5 trillion mark by FY28, with only three states expected to be near $0.5 trillion at the current growth rate.

Tamil Nadu Newsprint & Papers Ltd Shows Significant Improvement in Profits - 06 Apr, 2024

TNPL has shown significant improvement in profits, with EPS going from ₹12.79 to ₹65.90 in just one year. Additionally, EBIT margins have grown from 5.2% to 16%, and revenues are on an upwards trend as well. The CEO's compensation is reasonable.

Tamil Nadu Govt Introduces Single-Window System for EV Manufacturing - 05 Apr, 2024

The Tamil Nadu government has launched a single-window guidance system to expedite clearances for companies manufacturing electric vehicles (EVs) in the state. A report by iFOREST and CII highlights that jobs in the EV ecosystem will be 5% higher than those in the ICE vehicle ecosystem, requiring more educated and skilled workers. The PV manufacturing sector alone is expected to double job roles from 1.7 million in 2023-24 to 3.3-3.7 million in 2036-37.