Tvm: Videocon Group, the leading consumer electronics brand with diversified business interests in white and brown goods, will invest Rs.200 crores in Kerala to set up a state-of-the-art Electronic manufacturing unit. This was announced by Rajkumar Dhoot, MD of Videocon Industries at a function in Thiruvananthapuram to celebrate the completion of 25 years of its operations in Kerala.
Read MoreAuthor: Kerala Biz News
Maruti Suzuki launches new Swift in Kerala
Kochi: The country’s largest car-maker, Maruti Suzuki India, today re-launched the new Swift in the Kerala market. The company had on Wednesday launched the new version of its premium hatchback with an introductory price range of Rs.4.22 lakh to Rs.5.53 lakh for the petrol variant and Rs.5.17 lakh to Rs.6.38 lakh for the diesel variant in New Delhi.
Read MoreKollam to host Southern Regional Conference of Tourism Ministers
Trivandrum: The Tourism Ministers from Southern States of Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, and Puducherry; Union Territories of Andaman and Nicobar and Lakshadweep will meet in Kollam for the two-day Second Southern Regional Conference of Tourism Ministers on August 20 & 21, 2011, to chalk out joint strategies to woo foreign tourists and identify common tourism circuits, among other things.
Read MoreAMET Shipping to launch cruise service to Maldives & Lakshadweep
Kochi: AMET Shipping Pvt. Ltd., will be launching a cruise service to Maldives and Lakshadweep from Kochi from October this year. The first cruise will set sail from here during the first week of October and the itinerary will continue up to April 2012.
Read MoreApollo Tyres declare 50 % dividend, to invest Rs.500 cr this fiscal
Kochi: The 38th Annual General Body Meeting of Apollo Tyres held today in Kochi declared an annual dividend of 50 % for the financial year ending March 31, 2011. The sales have moved up by 55% to Rs.28.2 billion for the first quarter ending June 30. The operating profit increased 20% to touch Rs.2.4 billion while the net profit rose 3.9 % to Rs.771 million during the same period. The company aims to become one of the top 10 global tyre companies in the next five years.
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