It's about Business in Kerala!
Trivandrum: The Kerala State Electronics Development Corporation (KELTRON) has received an order worth Rs.5 crores for the production of Towed Sonar Receiver Arrays designed specifically by the Defence R & D Organisation (DRDO). The Array system will be manufactured at the exclusive towed array assembly and testing facility at the Aroor unit of Keltron near Kochi.
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Trivandrum: Kerala State Electronics Development Corporation (KELTRON) has received an order worth Rs. 3.41 Crores for the supply of Pneumatic Actuators from M/s. BHEL Trichy. This is further to the finalization of extension of their rate contract with the company for one year which is renewable again.
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Trivandrum: When the nation is reeling under acute power crisis, the Kerala State Electronics Development Corporation (KELTRON) has made big entry into Solar Power by manufacturing solar power inverters and power conditioners. The ‘Solar India’ concept of Jawaharlal Nehru National Solar Mission is being supported by Keltron also by implementing the solar projects in all jails in Kerala. The project is implemented by the initiative of Kerala State Prison Department in setting up solar prisons.
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Trivandrum: Nitta Gelatin India Ltd. (NGIL), a joint venture between the Kerala State Industrial Development Corporation (KSIDC) and Nitta Gelatin Incorporated, Japan, and a leading player in the Gelatin industry, has reported a turnover of Rs.67 crores and a net profit of Rs.4.69 crores for the first quarter this fiscal. NGIL hopes to achieve a turnover of around Rs.300 crores during the current financial year. During 2011-12, NGIL had reported a turnover of Rs.240 crores and a net profit of Rs.5.08 crores, after tax.
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Trivandrum: Kerala Financial Corporation (KFC) has scaled new heights by registering the highest ever profit of Rs.45.65 crores for the financial year 2011-12. The Corporation also increased the size of its assets from Rs.1,124 crores to Rs.1,240 crores during this period. Buoyed by the all-time best performance, a dividend of 7.5% on paid up capital was declared by the Corporation in its Annual General Meeting held on July 11, 2012.
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