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updated Sun. April 1, 2018

Kerala has undertaken construction works to the tune of Rs 82,602 crore as part of improving the infrastructure facilities. ... K V Thomas MP, MLAs P T Thomas, Hibi Eden, Roads and Bridges Development Corporation of Kerala Ltd (RBDCK) MD Asha Thomas and general manager J Raveendran ...
Holistic changes in work culture, operations, and management of the Kerala State Road Transport Corporation (KSRTC), as mooted in the Sushil Khanna report, are needed for the utility to come out of the red, taking advantage of the loan swap of Rs. 3,117.04 crore. The monthly cash flow is set to ...

Referring to the 701-metre-long, six-lane Kundannoor flyover that would come up over the Edappally-Aroor NH Bypass, he said the structure would be readied by Roads and Bridges Development Corporation of Kerala (RBDCK) in March 2020. The contracting firm Mary Matha Constructions won the bid ...
With funds not being allotted to widen the accident-prone Seaport-Airport Road and to augment safety measures, the Roads and Bridges Development Corporation of Kerala (RBDCK), which maintains the 11.3-km-long corridor, will limit itself to the repair of the stretch to set right uneven portions of the ...
Now with the party confined only to Kerala, and absolutely no chance of a return to its old bastions of West Bengal and Tripura, the CPM's first concern ... behind bars for corruption, enjoys Cabinet rank position in this LF government as head of the Kerala State Welfare Corporation for Forward Communities.
Thiruvananthapuram, Mar 31 (UNI) Kerala-based leading financial institution, Kerala Financial Corporation (KFC), has successfully raised Rs 250 crore from the debt market at 8. 69 per cent by issuing Non SLR Bonds of Rs 125 crore with a green shoe option of Rs 125 crore. KFC took advantage of the ...

The philosophy behind Huddle Kerala is to help the next generation world-conquering companies move forward. At the very core of the ... Worlds leading location-based marketing specialist Posterscope and mobile app builder Zoho Corporation are the sponsors of the event, the release added. (Only ... Asia
Acting on a petition, the Kerala High Court said that as per the Motor Vehicle Act, passengers should not be allowed to travel while standing. ... Kerala State Road Transport Corporation buses (KSRTC) staff unions have opposed the judgment since the corporation, with accumulated losses of Rs 7,966 crore ... Asia
A Kerala youth was arrested on Thursday for assaulting a Kerala State Road Transport Corporation bus driver. The perpetrator, identified as Dileep, was arrested along with two others for stopping the bus and manhandling the driver on Thursday afternoon. According to the Palakkad police, Dileep and his ... Asia
Thiruvananthapuram: Asia s largest startup ecosystem congregation, Huddle Kerala, will be held at Kovalam near here on April 6 and 7. The initiative is envisaged to provide a platform for start-ups to pitch their products and interact with a wide array of technology and industry leaders from around the world. Asia
While nothing has been finalised yet, the Kerala State Beverages Corporation (Bevco) is looking to add to the array of the drinks that are sold. If things pan out, then 'liqueurs' - sweet alcoholic drinks with flavours extracted from herbs, nuts, fruits or spices - could find their way into the Kerala market. Known ... Asia
By way of an October 31 2017 order, the Competition Commission of India (CCI) imposed monetary penalties on the All Kerala Chemists & Druggists Association (AKCDA) and two of its district units, as well as their office bearers, for ordering pharmaceutical companies to obtain no objection notices (NOCs) ... Asia
Meanwhile, the state government has dropped the move to shift Kerala State Beverages Corporation's (Bevco) outlets from interior areas to highways on the strength of the Supreme Court order following legal opinion that the judgement was applicable only to bars and toddy parlours. Soon after the apex ... Asia
Thiruvananthapuram: Many lassi lovers in Kerala, who have been gulping their favourite drink in copious quantities as temperatures soared over the ... The standing committee on health of the Kochi Corporation has directed the corporation secretary to prepare a report on all juice-vending outlets in the city. Asia
"We have a wide range of highly qualified and skilled human resources and the world class physical and digital infrastructure that can attract the emerging knowledge companies to Kerala," said Vijayan, while inaugurating Kerala's first-ever Global Digital Summit, #FUTURE.. Stressing the inherent strength ... Asia
The Kerala government on Thursday moved the Supreme Court for a review of its February 16 judgment in the Cauvery dispute. It has asked the apex court to modify the verdict to allow the State to divert five tmcft from its total share for drinking water requirements of Kozhikode Corporation and 13 ... Asia
Acting swiftly to protest against the Centre's order permitting companies to 'hire-and-fire' by opening up the contract labour rules, trade unions have called for a general strike in the Sate on April 2. The Coordination Committee of Central Trade Unions in Kerala, which held an urgent meeting here on ... Asia

Kerala has consistently ranked high in the list of Indian states with good education, healthcare and human resources records. Now the state wants to the be an IT hub for startups as well as big tech companies as it seeks to transform itself into, what its chief minister says, a knowledge-based society. Asia
Four police officers on patrol duty for Chief Minister Pinarayi Vijayan were injured after their car collided with a Kerala State Road Transport Corporation super-fast bus at Panaveli, near Kottarakara, on Tuesday. The police officers were stationed on the highway to clear the way for the CM's car to pass ... Asia
Alcohol is taxed at more than 200 percent in Kerala. Alcohol sales, both wholesale and retail, belong to a state monopoly done through Kerala State Beverages Corporation, which was the largest revenue earner for the state government in 2014. In 2014, the corporation recorded a profit of US$22 million ... Asia
The FCI had allotted Rs 52 lakh excess for transporting food materials in a period from May 2015 to October 2016. After the incident, however, a legal battle between the FCI and the contracting company led to the freezing of the FCI's SBI account, holding Rs 25.77 lakh. The Kerala High Court directed FCI ... Asia
THIRUVANANTHAPURAM: Kerala Financial Corporation (KFC), which is losing business to competitors over the high interest rate charged by it for loans, will rationalize interest structure. The interest for manufacturing and services sectors that were 16% and 14% respectively, are likely to come down in ... Asia
KOCHI: Oil marketing companies in Kerala could bring down operational expenses by Rs 400 crore by setting up pipeline network for transportation of LPG to storage and bottling plants by putting an end to using bullet tank-ers for bulk transportation. Speaking to reporters at the Udayamperoor bottling ... Asia
Inspections will be conducted at these places by the end of Monday,” said V K Minimol, Health Standing Committee chairperson, Kochi Corporation.As far as juice shops are concerned, she said the Corporation is checking the quality of the water and ice being used by them. “We have asked the lassi shops ... Asia
Google is listening to the App Developer Community of Kerala and to those who are capable of addressing some of the real problems that the Indian IT ... attract large number of domestic and multinational companies and lead to direct employment opportunities," said M. Sivasankar, IT secretary of Kerala. Asia
Thiruvananthapuram: Rising pension dues came back to haunt the ruling Left Democratic Front in Kerala again on Thursday as another pensioner of the Kerala State Road Transport Corporation committed suicide, after falling into financial crisis owing to drying up of his pension receipts for months together ... Asia
In fact , Konkan Railway Corporation Ltd. (KRCL), which has been tasked to carry out the survey, has submitted its report to Kerala Rail Development Corporation Ltd. (KRDCL). It is now with the Ministry of Railways. The project had also been taken up for discussion at a meeting between Chief Minister ... Asia
Selection process of the management consultancy for the implementation of the city Corporation's Smart City project has hit an unexpected roadblock, ... in the financial bid stage, which made it a clear contender, above the other two companies — Mahindra Consulting Engineers Ltd. and IPE Global Ltd. Asia
K Sudhir, Director, Handloom and Textiles, while talking to TNM said that the state now has only around 20,000 weavers who are registered under various textile society corporations. “Kerala had around 2 lakh weavers before 2000s; the number reduced to around 50,000 in the early 2000s and has now ... Asia
Thiruvananthapuram: Another pensioner of the Kerala State Road Transport Corporation who was hoping till the end to receive his pension arrears, passed away this week, bringing into sharp focus the financial woes of the Kerala state government. KSRTC pensioners have not received their pension ... Asia
The Gulati Institute of Finance and Taxation would organise a one-day seminar to garner public opinion on the draft guidelines drawn up for regulating multi-level marketing companies. An official release said here on Monday that the guidelines focus on ending the unhealthy practices of multi-level ... Asia
As per Dr Isaac's proposals for the fiscal, the Kerala Tourism Development Corporation (KTDC ) would get INR 7.92 crore, while the Kerala Tourism Infrastructure will get INR 1.83 crore. The budget also earmarks an amount of INR 3.30 crore for the Bekal Resort Development Corporation. Dr Thomas ... Asia
Mumbai-based venture capital fund Unicorn India Ventures has invested undisclosed sums in three Kerala-based startups, it said in a statement. ... The company has received a grant from state-run refiner Bharat Petroleum Corporation Ltd to research and develop an automatic robotic system for cleaning of ... Asia
Thankamma, the wife of Madhavan, who was a driver with the Kerala State Road Transport Corporation (KSRTC), recently took her own life after not receiving .... The party leadership has never been able to explain how some of their children got lucrative jobs in Gulf countries in companies owned by these ... Asia
Kerala's hopes of a better deal in outlay and thrust on development of the rail network in the Union Budget 2018-19 had been dashed with the ... and conversion of the old Ernakulam station into a hub for train operations to be executed under joint venture Kerala Rail Development Corporation Limited. Asia
Calling it the largest community crowdsourcing activity in Technopark – which boasts of housing nearly 350 companies – the organisers said that they have roped in close to 25 companies to contribute to the cause and are expecting many more to join in. “Our aim is to collect and distribute 5 lakh books by ... Asia
The Roads and Bridges Development Corporation of Kerala will be the special purpose vehicle for infrastructure development. The agency will issue tenders for setting up the five-storey building on the main campus. Kitco will execute the project. An international-level guest house will also come up on the ... Asia
The government has again come to the rescue of the ailing Kerala State Road Transport Corporation (KSRTC) by announcing Rs. 1,000 crore for the next fiscal to overcome revenue-expenditure gap, funds from the KIIFB to purchase 2,000 buses, steps to clear pension arrears by March this year, and a new ... Asia
Dr. Isaac has also mopped up Rs. 60 crore by allowing the sale of foreign made foreign liquor and foreign made wine through the outlets of the Kerala State Beverages Corporation. With tax revenue facing a crunch, the Finance Minister announced some belt tightening measures that included curbs on ... Asia
The budget has sanctioned ₹80 crore for the Technopark Technology Incubator under the Kerala StartUp Mission. While the Kerala Financial Corporation would invest in the share of companies recommended by KSUM with the guarantee of the government, the IT Mission would utilise accelerators to ... Asia
Isaac has made an allocation of Rs 80 crore for Kerala Startup Mission (KSUM), a nodal agency of the government for entrepreneurship development and incubation activities in the state. He said Kerala Financial Corporation will invest in the share of those companies recommended by the KSUM with the ... Asia
However, the finance minister refused to bite the bullet regarding a decisive decision about the Kerala State Road Transport Corporation, which is running up massive losses. Estimates say that the corporation is making a loss of nearly Rs2 billion per month. The corporation's pension payments have been ... Asia
KOCHI: Finance Minister Thomas Issac announced in his budget speech that Kerala State Beverages Corporation Ltd (Bevco) will now be allowed to sell ... Becvo managing director, H Venkatesh had sent the proposal last year so that Bevco could tap into the foreign-made liquor market in Kerala. Malayalis ... Asia
Thiruvananthapuram: The opposition in the Kerala Assembly on Tuesday attacked the Pinarayi Vijayan government over the delay in pension to former employees of the Kerala State Road Transport Corporation (KSRTC), which has seen 10 suicides in the past 20 months. The Congress-led opposition ... Asia
The city Corporation is all set to revive its crackdown on plastic after a long gap. This time around, it will be a joint drive along with the district administration and the police department, considering the backlash from shopkeepers that the plastic squads of the local body had to face. On Tuesday, Mayor V.K. ... Asia
Road works using shredded plastic remains a non-starter in Kochi Corporation despite a government directive that it should be encouraged as a sustainable solution to the issue of plastic refuse. Information available with the Clean Kerala Company (CKC), the government agency entrusted with the ... Asia
A multi-crore renovation work undertaken by the corporation in 2015 had spelt doom for the iconic sculptures, broken and ill-maintained, as all of them including the unique steel sculptures got painted white and left repaired. Artist Kaladharan, who had coordinated the 1990 camp for Kerala Kalapeetom ... Asia
More than 40 buses operated by Kerala State Road Transport Corporation (KSRTC) did not operate from the early hours of the day. The remaining buses operated by the Tamil Nadu State Transport Corporation (TNSTC) from Kanyakumari and Nagercoil to Thiruvananthapuram stopped at Kaliyakkavilai. Asia
The INTUC and AITUC-affiliated unions in the Kerala State Road Transport Corporation (KSRTC) have announced support to the dawn-to-dusk vehicle bandh called by major trade unions and public carriage operators on Wednesday to protest against the spiralling petrol and diesel prices. Private stage ... Asia
The company produces around 50 varieties of medicines, including capsules, tablets, liquids, and powder. It has been mainly supplying medicines to the Kerala State Medical Service Corporation Limited (KSMSCL). The WHO-GMP certificate was handed over by Chief Minister Pinarayi Vijayan to KSDPL ... Asia


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