It's about Business in Kerala!
Kottayam: The Government of India has included branded ‘Indian Natural Rubber’ in the Market Linked Focus Product Scheme (MLFPS). According to the Foreign Trade Policy amendment by the Ministry of Commerce and Industry on June 05, 2012, branded NR would be incentivised and entitled to duty credit scrip equivalent to 2 per cent. Indian NR has been included as 147th item in the MLFP scheme.
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Trivandrum: Kottayam based rubber products manufacturer, TJP Group, has signed Memoranda of Understanding (MoUs) with China’s Jingdong Rubber Company for two joint ventures (JV), signalling the first Chinese investment in Kerala. The tie-up provides a massive fillip to the State as it gets ready to host the high-profile Emerging Kerala 2012 Global Connect with the aim of pitching itself worldwide as a business hub and preferred investment destination.
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Trivandrum: SBI General Insurance has acquired over 10,000 customers in Trivandrum during its first full year of operation across the Corporate, SME & Retail segments. The company’s premium income during this period across all three segments was Rs.7.54 Crores.
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Kochi: Reliance Digital, the consumer durables and electronics arm of Reliance Retail and India’s largest consumer durables and information technology chain has stamped its footprints in the state of Kerala by launching its first store in Kochi at the Gold Souk Grande near Vytilla. The store was opened by Suresh Sukumaran, Sr. VP – Head of Operation, Reliance Digital on June 02, 2012.
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Kochi: Dhanam business magazine has announced its annual business awards for the year 2011. Bobby Jacob, Managing Director, Anna-Kitex Group, has been selected for the prestigious Dhanam Businessman of the Year Award. Four new annual awards have been instituted by the Dhanam Group from this year. Finance Minister Shri K M Mani will present the awards at the Dhanam Business Summit & Award Nite on May 26, 2012.
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