Monday, January 21, 2008

Fresh News

Inaugurating the two-day meet, Chief Minister VS Achuthanandan said that his government had decided to float a new company to attract NRI investment.

Tamil Nadu has given an assurance to supply 10000 tonnes of red rice to Kerala in the current month and agreed to consider increasing it from next.

Central Government will float Expression of Interest for closed tea gardens in West Bengal and Kerala.

Central Government will soon setup a Central University in North Kerala.

Radio listeners in the Kerala capital will be treated with chartbuster Malayalam music and wacky RJ talk by soon to be launched Radio Mirchi (FM).

“Kochi is fast becoming the preferred destination for high-paid executives and NRIs,” said K Arun Kumar, managing director, Mir Realtors.

Kerala based V-Guard Industries files IPO papers with SEBI. Again, it is not unique because it is headed by a first generation entrepreneur. The IPO size of Rs 70 crore or its turnover of Rs 222 crore after 30 years is no news at all.

It was a never-before-witnessed scene: an NRI being beaten up by immigration authorities at the international terminal of the Mumbai airport.

Stock market regulator SEBI and AMFI (Association of Mutual Funds in India) have made PAN (permanent account number) and KYC compliance (know your customer) mandatory for mutual fund investors.

Kerala will have its own schools football league shortly.

The Government has given ‘in principle’ approval to the Government of Kerala for setting up of Greenfield International Airport through the PPP route at Kannur.

With the arrest of Peoples’ War Group leader Malla Raja Reddy from Angamali, the Naxalists have felt that Kerala is not a safe place for them to hide.

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