M Sarita Varma

Kerala PSU to launch e-auto rickshaws with 50 paisa/km cost

The battery, made locally with German technology hand-holding, and a 2KV motor will be the autorickshaw's nerve centre.

Kerala state PSU, e-auto rickshaw, e-auto rickshaw launch, German battery technology, electric three-wheeler News

Bring paper on negative list, local mills urge Nirmala Sitharaman

Although India has sufficient paper production capacities, imports of paper and paperboard into India are leapfrogging in recent years.

Nirmala Sitharaman, finance minister nirmala sitharman, paper industry News

India rubber price surges 17 per cent

The price of premium grade RSS-4 sheet has touched Rs 150 per kilo for the first time in the past two years, though the supply situation may not allow a matching market realisation.

India rubber price surges 17 per cent News

Despite Nipah jitters, Saudi Arabia resumes importing Kerala fruits, veggies

Traditionally, fruits and vegetables worth Rs 1.8 crore are flown every day from three Kerala airports to Gulf.

Nipah virus, Nipah ban on vegetables, Kerala, Saudi Arabia, Harsh Vardhan, Thiruvananthapuram, Kozhikode, APPEXA News

Kerala floats e-bus tenders, eyes Centre’s subsidy

The new stipulation is that the bidder should guarantee that the battery-powered e-bus will run for 250 km in a single charge and the mileage should be a minimum of 1.5 kWh/km.

Industry News

Kerala chief minister Vijayan rings LSE bell for KIIFB masala bond

Kerala chief minister Pinarayi Vijayan on Friday became the first chief minister in India to ring the ceremonial trading bell at LSE (London Stock exchange).

KIIFB is the first Indian sub-sovereign entity to get a masala bond listed on LSE. News

Natural rubber prices bounce back, growers see green shoots

Disproving doomsayers, price of natural rubber (NR) has caught a bounceback trend that is sending the growers back to rubber sapling replanting turf. Price of premium grade Ribbed Smoked Sheet (RSS-4) has surged to Rs 134 per

Earlier, due to poor price realisation, small holding farmers had even been abandoning tapping operations on their rubber trees. News

Kerala CM upset over ‘stalling’ of Rs 26k-crore NH project

Land acquisition has been always been a problematic and long-drawn process in densely populated Kerala, and the NH widening project had been riddled by protesting landowners.

Infrastructure News

Rubber output shrinks one-third in 10 years

Besides Kerala, Tripura and Assam are the top rubber growers, accounting for 24% of the country’s overall rubber production. But, robust growth in the Northeast has not been enough to uplift the total rubber output.

Commodities News

E-toilet firm Eram Scientific broadens export footprint

Dammam province in Saudi Arabia, as part of the larger plan to partner GCC countries in sustainable sanitation solutions,” Bincy Baby, director, Eram Scientific, told FE.

Industry News

North India biz drives Muthoot Cap profit 54% despite bumpy Q4

MCSL had jacked up its non-South disbursements from 6.2% to 30%, so that if natural calamities struck in the South, the growing disbursements in the North would offset them.

North India, Muthoot Capital Services, Muthoot Pappachan Group, market, market news

Coming Soon! Laptop manufactured by Kerala govt PSU

Decks are cleared for the entry of laptops from the Kerala government PSU, Keltron, and global software major UST Global, with the technical hand holding of Intel.

oconics models, laptops News

Federal Bank takes tips from Swiggy and Uber, may adopt Blockchain technology

Swiggy and Uber users are pushing bankers to adopt digital technologies, says Federal Bank COO.

Banking & Finance News

Rahul Gandhi’s Wayanad bait brings hope to Kerala tourism

Even as squabbles over the Sabarimala issue and a series of trade shutdowns have acted as a deterrent to domestic tourist arrivals in the God’s Own Country, the VVIP candidate has inadvertently opened an window of opportuni

Industry News

Kerala govt entity raises Rs 2,150 crore via masala bonds

KIIFB is also the country’s first state government agency to access the offshore debt market.

Vijaya Bank, Dena Bank, Bank of Baroda, BoB, account holders, borrowers, depositors News

Vizhinjam Port: Rail to deliver the goods

Konkan Railway may build line linking port to the national rail network

vizhinjam port, vizhinjam port news update, vizhinjam port adani, vizhinjam port construction progress, vizhinjam port 2019 News

Lok Sabha polls and rising mercury to hit finances of Kerala Electricity Board

The board's predicament is that it can sell power that it purchases at Rs 9 per unit, only at an average tariff rate of Rs 2.5 per unit.

kerala, lok sabha polls, lok sabha polls 2019, kerala state electricity board News

Kerala businesses flay govt’s airport stance, support transfer to Adani

Considering Kerala's high billing in world tourism charts and regular traffic from over 20 lakh expat families, the state's airports need to be competitive with Delhi or Bengaluru airports.

Industry News

Adani wins bid to run Thiruvananthapuram airport; Kerala govt moves HC against transfer

The proposed transfer of the development and management rights to the private company, the state fears, would impinge on its equity interests.

Industry News

Tripura steps in to prop up sagging rubber production

Currently, Tripura accounts for only 9.4% rubber production, but it is India’s second largest rubber producing state. In the north-east region, it accounts for 58% of the rubber production.

Industry News

Kerala eyes Rs 25,000 crore from Pravasi Chitty in 2019

As much as Rs 10,000 crore raised with the help of Pravasi Chitty in KIIFB is earmarked to finance two new road projects.

Kerala, Pravasi Chitty in 2019, Pravasi Chitty News

Muthoot Capital Q3 profit growth rides on surge in 2-wheeler sales in North

MCSL is the two-wheeler financing company of Rs 3,500-crore Muthoot Pappachan Group. For the current Q3, MCSL commands a return on equity of 20.8% and return on asset is 4.3%.

Markets News

Pressed by UDAY deadline, Kerala’s electricity board pitches for hiking tariffs by 10%

After trimming its aggregate technical and commercial (AT&C) losses to 11.9%, the Kerala State Electricity Board (KSEB) has pitched for hiking user tariffs by 10% to add at least Rs 1,100-crore revenue per year. The State

power sector, power industry, udai News

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