Friday, November 2, 2007

News - Issue -11 - November 1, 2007

  • After receiving CNBC Awaaz TV Channel’s “Mutual Fund of the Year” award, SBI Mutual Fund was named “Best Fund House of 2007” by NDTV Profit & Outlook Money.
  • Kerala Government and Malaysian Government will start a 275 acres, 2500 Crore integrated Industrial Township Plan at Kinaloor, Calicut. It includes a medical city, entertainment facilities, homes and shopping malls.
  • UAE will open labour offices in India to recruit workers, ending the role of recruitment agencies. The labour offices will educate potential workers about the labour laws and customs of the UAE before they go over to work.
  • Qatar short-listed 50 agencies (regarded as acknowledged) to recruit workers.
  • Kerala Government plans to start an airline in collaboration with an NRI for flights to the Gulf. Other interested players include Kingfisher, SpiceJet and Indigo.
  • Kerala Government plans to check illegal recruiting agencies in the state by strengthening government agencies.
  • America's most powerful business woman (Fortune magazine), Chennai born Pepsico Chief, Indra Nooyi, has bought an apartment worth $1.6 million in Chennai's posh Poes Garden, a neighbourhood that J. Jayalalithaa and Rajnikant call home.
  • Kuwait will extract a health security fee from those who reach the nation on visiting visas.
  • Bobby Jindal 36, became Governor of Louisiana state (USA), beating out eleven rivals, to be the first politician of South Asian origin and the country's youngest to become governor of an American state.
  • Kerala day is celebrated on 1st of November.
  • UAE to ban unauthorised labour within the country
  • SBI Reduces Home Loan interest rates for the coming festival season, lowest interest rates in the recent times, valid upto 31st December.
Posted by at
Labels:

1 comment:

Unknown said...

Hi Pradeep,
I am Rajeev Abraham based in Dubai.
I have been receiving the NRK Sandesham by E-mail and i really enjoy going through the contents.
I think it is a great effort by you and your team in updating us who are abraod on the happenings in and around Kerala, specially news related to Money & Finance.
A real good job.. keep up the good work..
Cheers.

November 4, 2007 at 1:20 PM

Post a Comment

Subscribe to: Post Comments (Atom)

DISCLAIMER

The author is not a registered financial adviser, and you should not construe anything written here to be investment advise or recommendation. All information is for expressing views/ opinions & discussion only. No representation is being made that any investment made on the basis of data or information on this blog will result in profits. This blog is not associated with any organization or company in any manner. The author may or may not be investing in the products mentioned. Contents, gathered from various sources without any liability on the part of the author, may or may not represent author's view.