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Author: Kerala Biz News

Kerala to set up its first Petcoke Power Plant at Kochi

December 18, 2015 Kerala Biz News

Kochi: The Kerala Government will set up the State’s first Petcoke (Petroleum coke) based power plant using the fuel produced from Kochi Refinery’s Integrated Refinery Expansion Project (IREP) at Kochi.

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Public Sector 

Videocon Mobile launches Z55 Krypton 4G smartphone with 13MP camera

December 18, 2015 Kerala Biz News

New Delhi: With an aim to offer fast 4G LTE connectivity, best Android experience and robust connectivity, Videocon Mobile Phones today introduced its first 4G smartphone – Z55 Krypton. The best value handset comes with 13MP front camera and latest Android Lollipop 5.1 to make the smartphone experience engaging for today’s hyper-connected consumers.

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Telecom 

iBall launches Slide Avonte 7 tablet with rotating camera in Kerala

December 16, 2015 Kerala Biz News

Kochi: iBall, a leading name in innovation in the mobile and tablet sector, has launched in Kerala, its latest Slide Avonte 7 which is the first tablet PC in India with a rotating camera. The stylishly designed Slide Avonte rotating camera is a 13 MP device with LED flash light and auto focus capabilities.

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Telecom 

KSIDC announces interest reduction for loans with prompt repayment

December 16, 2015 Kerala Biz News

Kochi: Kerala State Industrial Development Corporation Ltd. (KSIDC), a State owned Enterprise under the Industries Department, has introduced a scheme for reduction of interest for loans without arrears at the end of the financial year. The proposed reduction in interest rate shall be 1%; maintaining a minimum rate of interest at 10%.

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Public Sector 

IBS Software gets $170 million PE investment from Blackstone

December 16, 2015 Kerala Biz News

Trivandrum: The Technopark based global travel, transportation and logistics technology provider, IBS Software will receive $170 million (about Rs. 1,200 crores) private equity investment from funds managed by Blackstone in exchange for a minority shareholding.

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IT & ITeS 

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