India Blog

Chennai Express Avenue is South India’s second largest Shopping Mall, promoted by Express Infrastructure, a subsidiary of The Indian Express Group.

Chennai Express Avenue is located at the heart of Chennai city, at Anna Salai (Mount Road). The mall is surrounded by major roads on all four sides – Anna Salai, Pattulos Road, Woods Road and Whites Road.

The complex has 15,00,000 sq. ft space out of which 9 lakh sq ft is shopping space, 1 lakh sq ft for eating, 70000 sq ft for entertainment and 2 lakh sq ft for a world-class business chamber and a 40-room boutique hotel.

Express Avenue has 3 level parking space for over 1500 car and two wheelers. This multiplex in Chennai has an 8 screen theatre by Satyam Cinemas which will entertain 1600 people.

Chennai Express Avenue has a five star hotel and office space at the business chambers. The mall is built at a cost of 750 crore.

Food Court, Anchor/Mini Anchor stores, Fine Dining/Casual Dining/Coffee Shops, Gourmet Supermarket and Entertainment Zone are the specialties of this mall.

A number of international brands and local retailers like Oliver, Helvitica, Chemistry, Zimson, Giordano, William Penn, Longines, Tag Heuer, Parcos, Samsara, Tie Bar, Rolex, Kenzo, Paul Smith, Swarvoski, Omega, Oviessee, Da Milano, Espirit UCB, Promod, Mango, and Aldo are present here.

Express Avenue Mall Inauguration

The Grand Inauguration of Express Avenue Mall is held on August 30th, 2010 between 5.00pm to 7.00pm. The inauguration will be done by the Honorable Chief Minister of Tamilnadu, Dr. Kalaingnar Karunanidhi in the presence of the Chief Guest His Excellency Dr. Surjeet Singh Barnala, the Governor of Tamilnadu.

Express Avenue Official Site : http://www.expressavenue.in/

Express Avenue Opening Live Web Cast : http://www.expressavenue.co.in/

Upcoming Holidays list for National Stock Exchange and Bombay Stock Exchange in 2010.

Ramzan Id : 10th Sep 2010

Diwali Amavasya (Laxmi Puja) : 5th Nov 2010

Bakri-Id : 17th Nov 2010

Moharum : 17th Dec 2010

Muhurat Trading will be held on Friday, 5th November 2010 

The UK based Cairn Energy today announced the stake sale of its Indian arm Cairn India. As per the deal 51 percent of the Cain India stake will be sold to Vedanta Resources Plc, a mining firm at around 8.48 billion USD or around 39,627 crore Indian Rupees. Cairn Energy holds 62.36 per cent stake in Cairn India.

After the announcement Cairn India share price plunged in both BSE and NSE. On NSE Cairn India shares closed at 332.35, down 22.60 or 6.5%.

In the morning trade Cairn India shares touched a 1 year high of 368.05 but dropped from that level and closed at 332.35 compared to yesterday’s closing price of 355.45. Total traded quantity is 3,72,06,771 and turnover is 1,292.93 crore rupees.