It's about Business in Kerala!
Tvm: CII Kerala will publish a first of its kind ‘Entrepreneurs Book’ to showcase and highlight successful first generation entrepreneurs from the State. CII Kerala will also set up a national Centre of Excellence on Entrepreneurship & Innovation for MSMEs in Kerala. These were some of the key initiatives announced after the second Kerala State Council meeting of CII in Trivandrum on May 4, 2012.
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Trivandrum: Bekal and its famed 17th century fort are ready to emerge from the periphery of Kerala’s tourism map to take the centre stage as infrastructure projects worth crores of rupees designed to make it India’s first sustainable and planned beach destination get off the ground. Chief Minister Shri Oommen Chandy will inaugurate an intensive ‘Know Bekal’ promotional campaign on May 10 in Bekal to showcase this pristine destination and its many attractions, both nationally and internationally.
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Kochi: The Noida based Vasu Coco Resorts will be soon opening four new projects in Kerala. Vasundhara Sarovar Premiere, the company’s first property at Vayalar in Alappuzha District is managed by Sarovar Hotels and Resorts. The luxury resort is spread over 7 acres on the banks of Vembanad Lake and built with an investment of Rs.70 crore.
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Kochi: Just six months after starting their services from Kochi, the Chennai based Amet Cruises is all set to close its operations here because of poor patronage. Amet Majesty, the vessel which the company was using for its services from Kochi, will sail on May 27, 2012 for a trip to Lakshadweep and then head for its base in Chennai. Amet Majesty started its services in October 2011 and was operating Kochi – Maldives (four nights), Kochi – Lakshadweep (two nights) and one weekend services.
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Kochi: The Kochi based Kitex group has registered a 45% jump in their net profit of Rs.44 crore for the financial year 2011-12, up from Rs.30 crore for the last fiscal. The company also had a 40% growth in export turnover during the financial year ended March 31. The exports touched Rs.527 crore as against Rs.377 crore in the last financial year.
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