It's about Business in Kerala!
Kochi: Kerala State Industrial Development Corporation Ltd. (KSIDC), a State owned Enterprise under the Industries Department, has introduced a scheme for reduction of interest for loans without arrears at the end of the financial year. The proposed reduction in interest rate shall be 1%; maintaining a minimum rate of interest at 10%.
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Trivandrum: The Technopark based global travel, transportation and logistics technology provider, IBS Software will receive $170 million (about Rs. 1,200 crores) private equity investment from funds managed by Blackstone in exchange for a minority shareholding.
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Trivandrum: Three major temples of Kerala are poised to get a boost to their pilgrim hospitality as the Central Government has given the State the permission to go ahead with a Rs. 100 crore project to improve facilities around the temples of Padmanabhaswamy in Thiruvananthapuram, Parthasarathy in Aranmula and for Sabarimala pilgrimage tourism.
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Trivandrum: The Trivandrum Chapter of Young Indians (Yi), the youth initiative of the Confederation of Indian Industry (CII), has launched a ‘Horn Not OK Please’ campaign in the capital city. The campaign was inaugurated by City Mayor, Shri V K Prasanth.
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Trivandrum: Chief Minister, Shri Ooommen Chandy today gave away the Kerala State Tourism Awards for 2013-14 for show of exceptional performance in the field at a function held in Thiruvananthapuram.
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