HLL sets up fair price outlet to sell ophthalmic products

Trivandrum: HLL Lifecare Ltd has, in collaboration with the Kerala Government, set up a fair price outlet at the Government Eye Hospital in Thiruvananthapuram to make available ophthalmic products including spectacles, lenses and frames, the first such endeavour in the country to sell spectacles, lenses at affordable prices in the public sector. The Lifecare Centre was inaugurated by Shri K Muraleedharan MLA.

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HLL launches affordable Chikungunya & Dengue diagnostic kit

Trivandrum: HLL Lifecare Ltd., a mini-ratna public sector undertaking with diversified business, is foraying into molecular diagnostics area with a duplex test kit to make Chikungunya and Dengue fever tests more affordable to the common man. The new multiplex molecular diagnostic kit has been developed by HLL in collaboration with the Rajiv Gandhi Centre for Biotechnology, also based in Thiruvananthapuram.

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Nitta Gelatin shows impressive Q1 figures, retains growth

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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Kerala Financial Corporation posts record profit

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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