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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Dhanam Group announces Business Awards for 2011
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.
Read MoreBritain shows keen interest in infrastructure projects in Kerala
Trivandrum: In a major boost to the ‘Emerging Kerala’ Global Connect campaign, slated to be held in Kochi during September, Britain showed keen interest in some big ticket projects in the IT, healthcare, infrastructure and education sectors of the State, and promised to share the project profiles with major companies in the UK.
Read MoreCII to showcase successful first generation Entrepreneurs from 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.
Read MoreKitex group registers 45% rise in net profit during 2011-12
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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