It's about Business in Kerala!
Trivandrum: Kerala Financial Corporation (KFC) has scaled new heights by registering the highest ever profit of Rs.45.65 crores for the financial year 2011-12. The Corporation also increased the size of its assets from Rs.1,124 crores to Rs.1,240 crores during this period. Buoyed by the all-time best performance, a dividend of 7.5% on paid up capital was declared by the Corporation in its Annual General Meeting held on July 11, 2012.
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Kochi: Quaker Oats, the leading Oats brand from PepsiCo now has an all new range of flavours. Adding taste to its unique health benefits, the new flavours lend greater variety and appeal to the Quaker Oats portfolio. While Strawberry flavour with Apple and Kesar flavour with Kishmish are sweet, Homestyle Masala and Lemony Veggie Mix are the two new savoury flavours.
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Trivandrum: Kerala Financial Corporation (KFC), the premier development financier in the State, has pioneered into the field of financing the entertainment industry and has brought out two schemes, which were launched by the Minister for Finance, Shri K M Mani at Thiruvanathapuram on July 06, 2012. Under the scheme, KFC will finance Rs.2 crores for movies and Rs.20 crores for building multiplexes.
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Trivandrum: UAE Exchange, a leading global remittance and foreign exchange brand, has announced that it has opened its 600th branch in the global network, strengthening the position of as the largest globally networked remittance brand in the world. This network includes 300 branches in India, which is the largest among the entire global operations of UAE Exchange.
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Trivandrum: Australia has welcomed the government’s Emerging Kerala Global Connect initiative as an opportunity to strengthen engagement with the State in a number of sectors, particularly education, agriculture, energy and waste management. A high-level Australian diplomatic delegation led by High Commissioner Peter N Varghese met Chief Minister Shri Oommen Chandy, senior ministers and officials to discuss the possibility of new trade and business partnerships.
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