M Sarita Varma

India beats China in paper market growth despite dumping fears

India has emerged as the world’s fastest growing paper market with a compounded annual growth rate (CAGR) of 6-7%, cocking a snook at China, the biggest consumer of paper globally.

Industry News

Kerala floats TIAL to face AAI tender on Thiruvananthapuram airport

The newly-formed TIAL (Thiruvananthapuram International Airport) is in the PPP ( public private participation) model of the companies running Cochin and Kannur International airports.

Airlines/Aviation News

India’s first water metro in Kochi: Germany backed Rs 819 crore projects gets underway

The Water Metro is an integrated water transport project connecting 10 islands near the Kochi city, spread across 76 km.

kochi metro, kopchi water metro News

Hit by floods, Kerala poultry business expects revival after Christmas

Christmas, not Easter, will be the resurrection season for Rs 4,000-crore chicken business in Kerala. The price of Christmas poultry has been flying beyond `175 per kilo this week, after the devastating floods in the state in

poultry, poultry sector, poultry industry News

Centre ropes in Terumo Penpol to upskill medical device workers

JIM is a joint training initiative between the governments of India and Japan.

Industry News

Sabarimala row hits temple coffers, may pinch Kerala economy

Sabarimala temple, which sees nearly 5 cr pilgrims during the 41-day season, alone usually garners over Rs 300 cr

India News

Paper mills see red as Trai dubs phone bills as anti-green

Paper mills are irked at telecom service providers labelling paper as anti-green.

trai, telecom regulator trai, suc News

Eram Scientific, Bill Gates foundation in talks for toilet technology

Eram Scientific, innovators of India’s first electronic toilet, is in parleys with Bill and Melinda Gates Foundation (BMGF) for fine-tuning its technology and market-readiness in the Bill Gates’ $200-billion project to re

Eram Scientific, Bill Gates foundation, e toilet, toilet technology News

Rising National Rubber imports squeeze rubber business margin

Domestic price of natural rubber (NR) has collapsed to further lows despite the supply crunch due to the August floods which ails the country’s rubber belt.

rubber, kerala rubber, kerala rubber export News

Aster DM Healthcare scouting for acquisitions in North India

Aster DM Healthcare, promoted by Gulf-based NRIs, is scouting for healthcare partners in North India, that match its own asset light business plans. Across India, UAE, Oman, Saudi Arabia, Qatar, Kuwait, Jordan and Bahrain and

Industry News

Kerala-ISRO space tech park likely to go live from June

The state Cabinet has cleared permission to allow 3.94 acre of land in Technocity, Thiruvananthapuram, on 90-year lease, sources said.

Economy News

Diwali bonanza: Gold business in Kerala set to ride recovery wave

Kerala accounts for about 15% of the country’s gold jewellery demand and has the highest gold consuming state, second only to Tamil Nadu. India’s annual gold jewellery demand is around 600 tonne.

Markets News

ISRO shortlists 15 firms for transfer of EV battery tech

Isro sources its Li ion batteries (1.5 to 100 amps) from BHEL, to which it has transferred the technology, to power its rockets and satellites

India News

Muthoot Cap Services Q2 PAT surges 94%

Muthoot Capital Services (MCSL), the vehicle financing firm of Muthoot Pappachan group, has reported a profit after tax (PAT) of Rs 20.13 crore in the second quarter of 2018-2019 despite business fluctuations in August due to

Markets News

File DFR for Rs 2,500-crore greenfield Sabari airport, Kerala tells infrastructure firm Louis Berger

The Kerala Government has asked infrastructure firm Louis Berger to come out with a detailed feasibility report (DFR) on the proposed Rs 2,500-crore greenfield Sabari airport for the pilgrim shrine Sabarimala at the earliest.

civil aviation sector, civil aviation industry, civil aviation, kerala News

Aster DM Healthcare makes Nigerian foray

Dubai-based Aster DM Healthcare, promoted by NRIs, has tied up with University hospital in Nigeria, to set up centres of excellence (CoEs) and a telemedicine unit.

Aster DM Healthcare, Nigerian, University hospital, University hospital in Nigeria, Aster hospital project, Afe Babolola University News

Kerala gives permits to three new breweries in bid to boost exchequer

Just as Kerala is scouting for resources to rebuild itself after the floods, it is now the turn of the tippler to steady the state's coffers.

kerala, liquor News

NCRMI’s pith technology to boost coir exports

National Coir Research and Management Institute (NCRMI) has made a breakthrough in the process of manufacturing coir pith from coir fibre, which could help realize the country's coir export target of Rs 20,000 crore (in value

Commodities News

Foodies loosen purse strings for Kerala

The eatery launched a special edition vegetarian lunch priced at £30 whose proceeds will go towards rehabilitating flood victims in Kerala.

foodie, kerala News

Doxycycline stocks fall as ‘rat fever’ hits Kerala

Leptospirosis is usually spread through rat urine, possibly interspersed in the muddy puddles.

India News

Rubber buyers set to feel flood after-effect

Rubber buyers may feel the pinch as the country’s largest rubber-producing belt is battling floodwaters and landslides due to excessive rain.

natural rubber, NR production, ANRPC, natural rubber production growth India, NR export India News

Kerala’s waterways on the front burner again: This Rs 2300 cr project could take over 100 trucks off state’s roads

Kerala has had a rethink on its inland waterways project which it had been soft-pedalling so far, given the views of planners like E Sreedharan that it could cost a humongous Rs 10,000 crore.

Infrastructure News

Death toll rising: Rain fury claims 256 lives in Kerala

Kerala floods: Death toll in the second round of flood havoc in Kerala has crossed 87 as the state grapples with worst rain ravage in its history. From May 29, the ongoing monsoon season has robbed as many as 256 lives.

kerala flood news, kerala flood updates, kerala flood alert, kerala rain update, kerala rain latest news, monsoon rain in kerala 2018 News

Give natural rubber farm tag, not industrial product: Growers to Centre

Stakeholders, including rubber growers, have urged the Centre that natural rubber should get “the agricultural product” cover instead of the industrial product tag that it currently has.

Commodities News

IWAI to get majority stake in Kerala’s Rs 2,300-cr waterways SPV

The Inland Waterways Authority of India (IWAI) is to take the majority equity in Kerala Waterways Infrastructures (KWIL), an SPV (special purpose vehicle) floated for the development of 610-km of waterways.

IWAI, Kerala,  Kerala Waterways Infrastructures, Pinarayi Vijayan,  CIAL News

K Raheja readying to start work on Phase 1 of Kerala business hub

K Raheja Corporation’s Chalet Hotels is back in the Kerala capital with plans for an Rs 900-crore business hub.

Industry News

Muthoot Capital Services forays into used car credit

Muthoot Capital Services (MCSL), one of the fastest growing NBFCs in India, has switched gears to used car financing, in a slow progression from its core business of two-wheeler credit.

Muthoot Capital Services, car credit, NBFC,  QIP, qualified institutional placement,  News
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