M Sarita Varma

Articles By M Sarita Varma

213 Articles

Tenon invests Rs 40 crore to fight covid-19 pandemic

The first week of April also raises issues of paying the security people at far flung places in currency and even relieving the the more taxed ones of duty.

The first week of April also raises issues of paying the security people at far flung places in currency and even relieving the the more taxed ones of duty. News

Covid-19 to shrink global natural rubber demand by 8.2%, drag Indian price below Rs 100: Experts

“Increasing worries about the global economic tsunami are expected to dominate the sentiments in NR markets during April,” said RB Premadasa, secretary general, ANRPC,in his foreword to the March-2020 bulletin.

The price of RSS-4 grade at Kottayam, the country's rubber hub, is influenced by domestic factors, besides the global trends. News

Nepal to buy 200 E-Neem electric auto rickshaws from India that run at 50 paise per km

Besides Nepal's 200 vehicles order, Tamil Nadu has shown interest in buying 1,000 e-auto rickshaws, said Jayarajan, adding that there has been a spate of enquiries from Rajasthan, Andhra Pradesh and Karnataka.

Car News

SIS deploys over 2 lakh personnel across 630 districts in wake of Covid-19

Speculations are rife that SIS may touch Rs 9,000 crore in turnover in the current fiscal, riding the colossal security demand.

Industry News

Telcos seeks more time from DoT to provide bank guarantees

Besides, the telcos have sought support for various other things due to the ongoing crisis.

Industry News

Kerala in semi-lockdown, bars temporarily shut as fight against COVID-19 intensifies

The state government, however, is reluctant to close down its own string of IMFL (Indian made foreign liquor) outlets, which net an annual revenue of Rs 14,508 crore.

Kerala, Kasargod district, Covid-19, IMFL, PSU, Covid-19 infections, Pinarayi Vijayan News

Alkali makers moot rallying chlorine in anti-COVID war

The World Bank estimates that 21% of communicable diseases in India are linked to unsafe water and the lack of hygiene practices. According to AMAI, in India, 163 million people lack access to safe water.

Industry News

KSEB revs up 1000-MW solar foray fearing Covid-sparked setback

Bids were floated to empanel contractors for design, supply, installation, testing and commissioning and 25-year maintenance.

The business model of rooftop solar panels has two modes – tariff-based RESCO (renewable energy service company) mode and the EPC (engineering, procurement and construction) mode. (Representative image) News

Bankers in Kerala bat for 6-month MSME loan repayment freeze

Kerala chief minister Pinarayi Vijayan said in a Facebook post that the SLBC has decided to take steps to see how best they can come to the relief of all those who have taken loans.

Currently, the bank loan moratorium is permissible only to 12 types of natural disaster. News

Coronavirus-hit passenger-load knocks off exports of Kerala’s vegetables to half

Exports of vegetables and fruits to the Gulf countries via three Kerala airports fell 50% from the impact of COVID-19.

agriculture, exports News

Kerala pumps Rs 18 crore to whip fizz to its coconut toddy business

When launched, in 2014, coconut toddy Neera was ambitiously touted to fetch Rs 50,000 crore annual turnover to Kerala, through 29 private companies.

coconut, coconut production, kerala News

States plan geotextiles meet in April to ease coir’s COVID-19 blues

Compared to the Rs 2,728-crore coir exports, India's domestic coir market-size is just Rs 1,200 crore. Of this, coir geotextiles, which has bulk applications in soil bio-engineering, like strengthening river banks, road-build

Kerala finance minister TM Thomas Isaac News

Natural rubber price fails to climb to Rs 150-mark, despite shortage

With only two-thirds of the Indian rubber plantations actively tapped, there is a 35% supply crunch in the domestic sector.

Commodities News

Tamil Nadu milk feeds Kerala market as supply from Karnataka ebbs

Following shortage, it had to cut the supply to 95,000 litre per day. 

Tamil Nadu, Tamil Nadu milk, Tamil Nadu government, Kerala milk deficit, Kerala government, Pinarayi Vijayan, milk supply News

Rubber Board sets Northeast-specific hybrid clone to prop up natural rubber output fall

Rubber Board executive director Dr KN Raghavan cautioned growers not to be too dazzled by the slight NR price surge in the end of the peak season of latex tapping.

Economy News

Wow! Kerala semi high-speed rail line from Thiruvananthapuram to Kasaragod to yield Rs 530 crore fuel savings

One bogie could take 75 passengers and one train could have up to 15 bogies. In the long run, the plan envisages services at the rate of one train setting off at every five minutes.

Infrastructure News

Coronavirus-hit Chinese demand may hurt natural rubber in Q1 of 2020-21: ANRPC

Economic slowdown, crisis in auto sector, trade uncertainties and geopolitical factors have translated into 1% decline in the world’s NR consumption in 2019.

Markets News

Voltas Beko pumps Rs 1,284 cr into white goods factory, eyes top slot by 2025

Voltbek Home Appliances (Voltas Beko), Indian air-conditioning behemoth Voltas' JV with Turkey-based consumer durables manufacturer Arçelik, is readying to pump in roughly Rs 1,284 crore to its new home appliances factory in

Voltas Beko pumps Rs 1,284 cr into white goods factory, eyes top slot by 2025

India poised to be No. 2 in e-commerce in 15 years, says Narvar CTO Ram Ravichandran

According to a 2019 report by Retail Association of India and Deloitte India, e-commerce market in India is expected to grow to $84 billion in 2021 from $24 million in 2017.

Ram Ravichandran, e-commerce, SaaS , Narvar, DiagramCorp, Twitter, Whatsapp , Kubernetes — AWS and GCP News

Paper mills urge 25% customs tariff as imports surge 30%

Mills are jittery over India’s imports of paper and paperboard surge by 29.9% (in volume terms) in the April-September period of FY20, compared to those in the corresponding period in FY19

ipma, paper mills News

Natural Rubber prices surge at tail end of peak season

From Rs 120 per kg in the first week of November, the price of premium grade RSS-4 has crossed Rs 137 per kg this week.

Commodities News

Optical fibre cable in Kerala: Nod for KFON phase I, to be completed by June

The business plan is that the fees that service providers pay for riding the KFON network would be used to offset by the free internet connection bill that they incur.

The optical fibre cables will piggyback the right of way and the electric poles of KSEB ( Kerala State Electricity Board). (Representative image) News

Muthoot Fincorp rolls out 5th tranche of Rs 900-crore capital market plan

“SMC Capitals, the investment arm of SMC group, has been assigned the managers of the NCD issue,” Thomas John Muthoot, chairman, Muthoot Pappachan Group, told FE.

NCD, L&T Finance NCD, Edelweiss Finance & Investments NCD, EFIL NCD, should you invest in NCD, BSE, NSE, NCD Rating, FD Vs NCD, bank FD, interest rate on NCD, News

Rubber prices remain flat, bucking New Year buoy

From Rs 126 per kg in mid-November, the domestic price of the premium grade RSS-4 sheet, used in tyre production, has inched up a tad, to Rs 132 per kg in mid-December.

Rubber prices, Domestic price of rubber, domestic NR price, global NR demand, Indian rubber plantations News

GAIL’s Rs 4.7k-crore KKBMPL to go live in 3 months

“The Kerala government had taken the lead in allaying the safety concerns of the protesters in north Kerala, who had formed a collective. GAIL was able to speed up the construction, after it was explained to them that the L

GAIL, KKBMPL, Karnataka- Kerala LNG pipeline, Petronet LNG Terminal in Kochi, BPCL News

Here’s what may help FACT achieve a turnover target

Public sector unit Fertilisers and Chemicals Travancore (FACT) will invest Rs. 967 crore to plough up at least an additional Rs. 500-crore annual turnover from the next fiscal.

Industry News

‘Santa Claus’ rally boosts Kerala NR market to Rs 132 per kg

The pre-Christmas price rally phenomenon in rubber, better known as Santa Claus rally, has given a much-needed touch of festivity to the domestic rubber price, sagging under the strain of slowdown in demand.

Commodities News
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