It's about Business in Kerala!
Kannur: The aerial survey to identify the alignment of Kerala’s ambitious Thiruvananthapuram-Kasaragod Semi High-Speed Railway (SHSR) project got underway today, covering the northernmost 80 km stretch from Kannur in the initial phase of the exercise.
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Trivandrum: Cochin International Airport Ltd (CIAL) handed over ?33.49 crores as the dividend for the financial year 2018-19 to the Kerala government. Chief Minister, Shri Pinarayi Vijayan received the cheque from V J Kurian, Managing Director of CIAL during the director board meeting of the company today at Thiruvananthapuram. CIAL operates the Kochi International airport at Nedumbassery, near Angamali.
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Trivandrum: Tamara, a prominent hospitality group with properties in Kodaikanal, Coorg and Bangalore, has made an entry into the Kerala market with the launch of their 5-star hotel ‘O by Tamara’ in Thiruvananthapuram.
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Trivandrum: The iconic Chalai market in Thiruvananthapuram has got a digital tribute from the German cultural centre in the city. Today it has its own web portal, Chalai Bazaar at www. chalai.org.
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Mumbai: Kochi based Muthoot Finance Limited, a leading gold loan NBFC in the country, has entered into a definitive agreement to acquire IDBI Asset Management Limited and IDBI MF Trustee Company Limited paving way for Muthoot Finance’s entry into Mutual Fund Asset Management space. The transaction is expected to be completed by end of February 2020 subject to receipt of necessary regulatory approvals. Upon closing, both IDBI AMC and IDBI MF Trustee Company will become wholly-owned subsidiary companies of MFIN.
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