The petition alleged that the act of nepotism of the Mayor and of the Councillors is very much against the oath taken by both of them at the time of swearing in as Councillors in the Corporation Kochi: The Kerala Government on Wednesday informed the Kerala High Court that Thiruvananthapuram...
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The petition alleged that the act of nepotism of the Mayor and of the Councillors is very much against the oath taken by both of them at the time of swearing in as Councillors in the Corporation Kochi: The Kerala Government on Wednesday informed the Kerala High Court that Thiruvananthapuram...
The post appeared first on .
New Delhi [India], August 26 (ANI): More than 10,000 MTs of inert, clean and dry waste have been received from the private entities in Delhi and NCR of which 8,421.75 MTs have been lifted by the Municipal Corporation of Delhi.
Mumbai (Maharashtra) [India], May 26 (ANI): India's largest mortgage lender Housing Development Finance Corporation (HDFC) on Thursday said it has sold 10 per cent of its stake in HDFC Capital Advisors Limited (HCAL) to Abu Dhabi Investment Authority for 184 crore.
Mumbai (Maharashtra) [India], February 2 (ANI): Housing Development Finance Corporation (HDFC), India's largest housing finance company, on Wednesday announced Rs 3,261 crore net profit for the third quarter of the current financial year, which is around 11 per cent higher when compared with Rs 2,926 crore profit recorded in the corresponding quarter of the previous year.
Thiruvananthapuram Kerala India NewsVoir Despite the overall stressful economic situation owing to the COVID-19 pandemic the Kerala State Industrial Development Corporation managed a stellar performance in the first three quarters of the current fiscal The 325th Board meeting of KSIDC held on 22012022 considered the business performance of the Corporation for the first 9 months ended of the current fiscal until December 31 2021 Profit after tax for the first 9 months in the current fiscal is Rs 3561 crore an impressive rise of 62 per cent from the Rs 2191 crore profit after tax in the first three quarters last year The sanctions loan collections and operating profit in the first 9 months this fiscal were all higher than in the comparable period of the previous year Sanctions went up from Rs 15457 crore in the first 9 months of 2020-21 to Rs 21310 crore in the first 9 months of 2021-22 Similarly loan collections Rs 9439 crore and operating profit Rs 4301 crore were higher in the first 9 months of this year than loan collections Rs 5489 crore and operating profit Rs 2731 crore in the comparable period of last fiscal Disbursements in the first 9 months of this fiscal was Rs 15967 crore Importantly KSIDC could achieve an investment mobilization of Rs 559 crore and generate 1547 jobs during the period under review The Board meeting held on January 22 approved 5 projects at investment outlay of Rs 1855 crore and sanctioned loans of Rs 9925 crore These projects together offer 791 direct jobs CMs Special Assistance to Investors Taking firm steps to emerge as one of the most investment-friendly states in the country Kerala has devised the Chief Ministers Special Assistance program for providing subsidized investment capital for entrepreneurs The CMs Special Assistance program is focusing on MSMEs start-ups and non-resident Keralites returning home for setting up enterprises The Kerala State Industrial Development Corporation KSIDC the premier investment promotion agency of the state government will handle the scheme under the CMs Special Assistance program KSIDC plans to disburse a minimum of Rs 250 cr targeting around 500 entrepreneurs under the scheme The project would have the potential to generate 3000 employments directly Under CMs Special Assistance Scheme KSIDC will provide term loan assistance subject to a minimum of Rs 25 lakhs to a maximum of Rs 2 cr for MSMEs and Startups The effective interest rate for the loan would be 7 per cent as the state government plans to provide a 3 per cent interest subvention as part of providing an investment subsidy The promoters of green-field ventures and existing enterprises within Kerala are eligible for the loans under the CMs Special Assistance program Processingupfront fee will not be charged for loans up to Rs 1 crore Those applying for the loan should have a good CIBIL Score above 650 The scheme is open to all entities including partnerships proprietorship and company etc Persons in the age group of 18-50 are eligible for the loans Relaxation of five years would be provided for women SC ST and NRK applicants Promoters of the ventures should hold a minimum of 20 per cent of the investment The repayment period of the loan is five years A moratorium of one year will be provided for repayment But interest repayment is mandatory during the moratorium period Image MG Rajamanickam IAS MD Kerala State Industrial Development Corporation Ltd KSIDC PWR PWR
Thiruvananthapuram (Kerala) [India], January 31 (ANI/NewsVoir): Despite the overall stressful economic situation owing to the COVID-19 pandemic, the Kerala State Industrial Development Corporation managed a stellar performance in the first three quarters of the current fiscal.
Chennai The Bar Council has reportedly banned six advocates from practicing after a CCTV footage of two groups of lawyers attacking each other went viralPolice said that the clash was a fall out of a six-month-old dispute over laying of a road on the fourth lane of Naidu Street in KotturpuramPolice said that the Corporation was making steps to lay a concrete road on the lane but one of the residents a lawyer opposed to it claiming it would lead to flooding of his house during monsoonThere is a complaint pending in this regard in Kotturpuram police station it is saidIt is also learnt that both parties agreed to sort out the problem at the court
Alappuzha (Kerala) [India], August 20 (ANI): For this year Onam, the Alappuzha Municipality has decided to supply organic vegetables and flowers to people at a low cost.
New Delhi [India], August 18 (ANI): Prime Minister Narendra Modi on Wednesday said the revival of North Eastern Regional Agricultural Marketing Corporation Limited will help to popularise products of the Northeast across the country.