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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CII Kerala asks KSEB to reconsider power restriction on Industries
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.
Read MoreCII Kerala welcomes FDI in retail in India
Kochi: The Kerala State Council of Confederation of Indian Industry (CII) has welcomed the Government’s decision to allow 51 per cent FDI in multi brand retail and 100 per cent in single brand formats in India. CII is of the view that FDI in retail will greatly boost organized retail in India and drive inclusive growth.
Read MoreWorld Malayalee Council announces Kerala Business Awards 2011
Kochi: The World Malayalee Council (WMC) today announced that Captain Krishnan Nair, Chairman of the Leela Group and M G George, Chairman of the Muthoot Group, are among the 11 persons who have been selected for the inaugural edition of the Federal Bank Kerala Business Awards for 2011. The awards will be presented by Kerala Chief Minister, Shri Oommen Chandy at a function to be held in Kochi on September 11, 2011.
Read MoreVideocon to invest Rs.200 crore in Kerala, to set up manufacturing unit
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.
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