Kochi: Union Finance Minister Nirmala Sitharaman announced IT relief for income upto Rs 12 lakh while presenting the Union Budget for 2025-26 on Saturday. Annual limit for TDS on rent has been raised from ₹2.40 lakh to ₹6 lakh.Sitharaman said the government will provide identity cards and registration for Gig workers, who are independent contractors, …
Kochi: Kerala is going to become the first state to operate its own airliner, Air Kerala which is likely to start commercial services from Kannur and Mysuru airports this year, media reports said.The budget friendly service is likely to begin operations by the middle of this year. The services are envisaged to provide impetus to …
Kochi: Real estate sector thrived in the sleepy village of Kizhakkambalam in Kochi when the Left government allowed Dubai-based TECOM Group to set up the SmartCity project in 2011, analysts saidEnvisioning huge returns in future,people invested heavily in projects floated by real estate firms which made a beeline to Kochi to make hay while the …
Kochi: The Delhi High Court on Wednesday allowed time for Hero Electric to settle subsidy misappropriation case with the Ministry of Corporate Affairs, media reports said.The High Court issued the direction to Hero Electric after the company informed the court about its willingness to resolve the dispute with the ministry concerned.Directing Hero Electric to approach …
Kochi: State Industries Minister P Rajeev will inaugurate 64th annual conference ofKSSIA at Gokulam Park at 3.30 pm in Ernakulam on September 30.KSSIA president A Nizaruddin will preside.State planning member Santosh George Kulangara will be the chief guest. Industries Department Principal Secretary A P M Mohammad Hanish will deliver the Keynote address. KSIDC Managing Director …
Kochi: The Kerala State Small Industries Association (KSSIA) has by and large welcomed the state budget presented yesterday.State president A Nizaruddin and general secretary P J Jose said the proposals are expected to trigger vigor in the industrial sector. It was expected that there would be considerable allocation for the MSME sector.The amount earmarked for …
Kochi: A total of Rs 11.11 trillion is targeted in the infrastructure Capex which is up by 11 per cent during 2024-25 compared to previous period in the union budget presented by the Union Finance Minister Nirmala Sitharaman on Thursday. Tourism, spiritual tourism, local entrepreneurship will get a fillip. The railways will upgrade 40,000 coaches …
Kochi: The Kerala State Small Industries Association (KSSIA) has welcomed the LDF government’s decision to amend the allotment policy of Industrial estates in the state.KSSIA president A Nizarudeen and general secretary P J Jose said that the matter had remained unresolved for over 50 years.They said that the entrepreneurs were thankful to the chief minister …
Kochi: The Kerala State Small Industries Association (KSSIA) has appealed to the Reserve Bank of India (RBI) to roll back its decision to increase in Repo Rate which had caused huge problems to the sagging KSSIA. This has led to the interest rate zooming up by 1.50 per cent triggering multiple problems to the industry …
Kochi: Business mogul Gautam Adani of the Adani group is the third prosperous man in the world, according to the Bloomberg Billionaire Index. Tesla founder Elon Musk, Amazon CEO Jeffery Preston Bezos are ahead of Adani who owns an asset of 137 billion dollars.Musk has an asset of 251 Bn dollars and Jeff 153 bn …
Kochi: In a bid to create large employment opportunities, the Lulu group will set up a marine export center to help fishermen to get attractive remuneration at Kochi. The marine products caught by the fishermen in Kerala will be sold in Lulu outlets abroad, founder and Managing Director M A Yusuf Ali told reporters at …
Kochi: There are reports of the Centre planning to sell a part of its stakes in the Central Bank of India and Indian Overseas Bank this Parliament session. The banking laws (amendment) bill 2021 is likely to be introduced in the winter session to offload 51 per cent of stakes in the banks, media reports …
Thrissur: South Indian Bank has announced the Q2 FY 22 results with a net loss of Rs. 187.06 Crore as against Net Profit of Rs. 65.09 Crore during the corresponding period of the previous year. The details of Q2 loss was released by the bank here in press release on October 21 here. Bank declared …
Air India is the second-largest loss-making public sector enterprise in the country. Last financial year the state career had made a loss of Rs 8,474 crore. Kochi: Air India is back with the Tata group who once owned it before the country got independence after which the government took control of it in 1953. The …
Kochi: Garment major Kitex is going places after it showed signs of quitting Kerala citing unfriendly business atmosphere. Several states are wooing the promoters with open arms to invest in their states which they claim are very attractive and lucrative. Every state is vying to grab the investment in an attractive manner. Now Sri Lanka has jumped …
തൃശൂര്: കോഴിയിറച്ചിയുടെ വില കുത്തനെ കൂടി. 165 രൂപയെന്ന സര്വകാല റെക്കോഡിലേക്കാണ് ഇറച്ചിക്കോഴിയുടെ വില ഉയര്ന്നത്. നാളെ പെരുന്നാള് എത്തുന്നതോടെ വില ഇനിയും ഉയരുമെന്നാണ് സൂചന. വില ഉയര്ന്നതോടെ പലയിടത്തും കോഴിയിറച്ചി വാങ്ങാനാളില്ലാത്ത സ്ഥിതിയായി. കഴിഞ്ഞ രണ്ടു ദിവസമായാണ് ഇറച്ചിക്കോഴിയുടെ വില കുതിച്ചുയര്ന്നത്. Photo Credit: Face Book
Kochi: Garment major Kitex would invest in Telangana in future as Kerala government has become industrially unfriendly, MD and chairman of kids apparel exporting firm has said. Speaking to reporters here on Monday Mr Sabu said that Kerala was lagging much behind others in terms of industry and manufacturing due to the wrong policies adopted …
Kitex MD Sabu Jacob snubs state Industries Min P Rajeev Read More »
