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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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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New Delhi: Seeking big ticket investments to propel its economic resurgence, Kerala rolled out a red carpet for India Inc as well as corporate honchos and business tycoons from across the globe, promising them single window clearance, lucrative returns and durable partnerships. This was the highlight of two meetings held in New Delhi today as part of a campaign for its ambitious ‘Emerging Kerala’ Global Connect, to be held in Kochi from September 12 – 14, 2012.
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Trivandrum: Kerala is all set to kick-start a massive campaign to position itself as one of the most favourite business destinations in India. Chief Minister Shri Oommen Chandy and Industries & IT Minister Shri P K Kunhalikutty, along with other ministers and senior officials, will meet top business leaders and overseas diplomats in New Delhi on April 20, signalling the launch of a six-month long build-up to one of the biggest investment branding exercises the State has ever undertaken.
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Trivandrum: The Government of Kerala’s decision to agree to the Kerala State Electricity Board (KSEB) proposal for a power restriction of 20% on HT & EHT customers has been termed as irrational and unfavourable by the Industries in the State. There is a widespread demand for revoking this proposal of power restrictions as this will deal a severe blow to many of the Industries who are already reeling under the high tariff rates and unfavourable business environment.
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