Categoy “Kerala Business News”

Latest Business news of Kerala , Read what happening in business in your city and state . Kochi , Thiruvananthapuram , Kasaragod , Kozhikode various cities business news. Get latest updates of the current status of corporate and business people of Kerala . News on Various new business establishments , products launched , policies changes in Business and events. Be Updated !

Read Latest Business News of Kerala

BPCL get Relived by Tax Exemptions

Published on: 25 Apr, 2013
Published under: Kerala Business News, Kerala Real Estate Updates

24 April 2013 Thiruvananthapuram Kerala Government have decided to exempt Bharat Petroleum Corporation Ltd (BPCL) from the work contract tax,as the BPCl has promised a development plan of Rs 2,000 rore.The tax exemption will be of Rs 750 crore,said chief minister Oommen Chandy. In an agreement with BPCL…

More Start Up villages in State , Existing Seeking More Grants

Published on: 23 Apr, 2013
Published under: Kerala Business News

23 April 2013 Thiruvananthapuram State Government has appealed for 10 more start up village including 4 Technology Business Incubators and have submitted to center for its approval meanwahile the existinf startup villages are seeking for more grant . Recently National Science and Technology Entrepreneurship Development Board (NSTEDB) team…

Fish Scarcity in Kerala

Published on: 23 Apr, 2013
Published under: Featured, Kerala Business News

23 April 2013 Kochi Kerala spiralling demand have combined to force the State to turn to neighbouring States for its fish supplies even as market sources said that consumers in Kochi were spared a possible fish scarcity during Easter and Vishu holidays with substantial imports of a variety…

High Court Clears about Land Acquisition

17 April 2013 Kochi Building permit cannot be denied citing plans to acquire the land for a public project in future unless such acquisition is already notified by the government,as specified in Land Acquisition Act,the Kerala high court has held.The decision by a division bench comprising Chief Justice…

Construction in Govt Schools Project Worth Rs 3.25-crore

17 April 2013 Kochi In order to provide proper and hygenic toilet facilities in all the government schools in the district , education department has designed a Rs 3.25-crore project as 310 toilets will be constructed in these schools. Funds will be distributed to 58 government schools where…

Vizhinjam Port Project Delays Further

Published on: 18 Apr, 2013
Published under: General Kerala News, Kerala Business News, Kerala Real Estate Updates

18 April 2013 Mumbai Rs 4,000-crore Vizhinjam International Seaport (VIS) in Kerala is likely to take more time with the state government today saying it will be able to start construction by the end of the year or early 2014. his will take four-five months and we shall…

Ban on Mining & Construction in Western Ghats

Published on: 18 Apr, 2013
Published under: General Kerala News, Kerala Business News

18 April 2013 New Delhi About 37% or or about 60,000 square km land have been identified in western ghats for non mining area by a high-level panel and recommended that “destructive” activities such as mining, thermal power, major construction, and some hydel power projects should not be…

Australian Delegation Visits Kerala Techno-park

Published on: 17 Apr, 2013
Published under: General Kerala News, Kerala Business News, Thiruvananthapuram District News

16 April 2013 Thiruvananthapuram A high-level delegation from Australian High Commission, New Delhi, headed by high commissioner H E Patrick Suckling, visited Technopark here on Monday. The delegation comprised David Holly, consul general in south India and Roshen Paul of Australian Trade Office. Principal Secretary (IT) P H…

Rs 8,840 Crore of Liquor Sold in 2012-13

Published on: 17 Apr, 2013
Published under: General Kerala News, Kerala Business News

16 April 2013 Mumbai The Kerala State Beverages Corporation (BEVCO) Ltd, the public-sector liquor distribution monopoly, maintained its position as the most successful state public-sector enterprise and the highest profit-maker in financial year 2012-13. BEVCO sold liquor valued at Rs 8,840 crore in 2012-13, up by more than…

No Changes in Coconut Oil Prices

Published on: 17 Apr, 2013
Published under: General Kerala News, Kerala Business News

16 April 2013 Kochi Despite of Low Consumption of Coconut Oil in Kerala and Tamil Nadu showed no change this week . Prices in Kerala stood at Rs 63 per kg (Rs 64.50) and Rs 61 in Tamil Nadu against Rs 62 quoted last week. Thalath Mahamood, former…

Sovereign Gold Touches Rs 20,800 in Kerala

Published on: 16 Apr, 2013
Published under: Kerala Business News

15 April 2013 Thiruvananthapuram The decline in gold price continued on Monday with the price of eight gram sovereign touching Rs 20,800 in Kerala, a fall of Rs 400 from the previous trading day. The price dropped by Rs 50 per gram to trade at Rs 2,600. Globally,…

Investors Rush to Sell Stocks Due to Nitaqat Policy of Saudi Arabia

Published on: 15 Apr, 2013
Published under: General Kerala News, Kerala Business News

15 April 2013 Trivandrum Kerala-based lenders have seen a sharp erosion in the value of their shares in the past fortnight after Saudi Arabia initiated a clampdown on illegal immigrant workers and brought in regulations that stipulated reservation of 10% of jobs for citizens. The new rule, known…

KSIDC Joins hand with Cheraman Financial Services Limited

Published on: 12 Apr, 2013
Published under: General Kerala News, Kerala Business News

12 April 2013 Kochi Kerala State Industrial Development Corporation (KSIDC) has partnered with Cheraman Financial Services Limited, a Kochi-based Islamic fund. KSIDC has 11 per cent share in the Rs. 250 crore fund which is a shariah-based entity aimed at funding selected sectors. Cheraman is the new avatar…

Kerala Cashews Poor Yield but output doubles

Published on: 12 Apr, 2013
Published under: General Kerala News, Kerala Business News

11 April 2013 Kochi Though raw cashew nut production has more than doubled in the last two decades, poor yield is still a cause for concern compared to competitors such as Vietnam.According to official estimates, raw cashew output in 2012-13 is about 7.3 lakh tonnes (lt) from an…

SIDCO and All Kerala Sawmill and Wood Industries Owners Association Joins hand

Published on: 12 Apr, 2013
Published under: General Kerala News, Kerala Business News

11 April 2013 Thiruvananthapuram Kerala Small Industries Development Corporation (SIDCO) and the All Kerala Sawmill and Wood Industries Owners Association are joining hands to import  timber. The Association will soon float a company and enter into an agreement with SIDCO after which the latter will invite global tenders…


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