Kitex Garments Limited has reported an unprecedented financial performance for the second quarter of FY25, as the company witnessed a surge in profitability driven by strong demand and favorable market conditions. The net profit nearly tripled to ₹39.94 crore, up from ₹13.21 crore in the same quarter last fiscal, primarily benefiting from the rising unrest […]
Muthoot Capital Services Limited (MCSL), part of the Muthoot Pappachan Group and a major player in India’s non-banking financial sector, has reported a net profit of INR 26.77 crores for the first half of the financial year 2025. The results, approved during the board meeting on October 29, 2024, underline a strong quarterly performance with […]
Bharat Petroleum Corporation Limited (BPCL) has taken a significant step towards enhancing its position in the petrochemical segment by approving a proposal for setting up a Polypropylene (PP) Unit at Kochi Refinery. The company plans to invest a substantial Rs. 5044 crore in this project, marking a pivotal moment in its expansion strategy. Robust Expansion […]
In a heart-wrenching turn of events, a stampede at the Cochin University of Science and Technology (CUSAT) in Kochi has led to the death of four students, with at least 64 others injured. The incident unfolded during a tech fest on campus, as singer Nikhita Gandhi was performing. Reports indicate that the stampede was triggered […]
Sterlite Technologies Limited (STL), a global leader in optical and digital solutions, today revealed its role in ensuring smooth communications for the eco-friendly Water Metro in Kochi, Kerala, India. By incorporating the state-of-the-art Neox Unified Communications solution, Sterlite Technologies has brought a world-class advanced communication system to the transport network. The Water Metro, which is […]
Bharti Airtel (Airtel) has expanded its 5G services to include water metro stations in Kochi, thus making it the first company to offer high-speed 5G connectivity to passengers traveling on India’s premier water metro service. The service now spans along the routes of the Kerala Water Metro service between the High Court-Vypin terminals and the […]
Apollo Hospitals Enterprise has agreed to acquire a stake of 60% in Ayurveda hospital chain Kerala First Health Services (AyurVAID Hospitals) for INR 26.37 crores through a mix of primary and secondary capital infusion. Founded in 2005, AyurVAID Hospitals currently has eight in-patient hospitals in India, located across Bangalore, Kochi, Almora, and Gurugram. Treatment stages […]
Cochin Shipyard Limited said that the Indian Ministry of Ports, Shipping and Waterways has decided to develop and build indigenous hydrogen fuelled electric vessels at its shipbuilding and maintenance facility in Kochi. The Indian government-owned company will work together with domestic partners in this regard. Ground work for the same have already started with Cochin […]
V-Guard Industries Ltd, an Indian electrical appliances manufacturer, said that it has made a further investment of INR 20.4 crores in V-Guard Consumer Products Limited (VCPL), its fully-owned subsidiary. V-Guard Consumer Products is engaged in establishing and carrying on manufacturing and selling of various consumer electrical, electronics, electromechanical products and home and kitchen appliances of […]
Cochin Shipyard Limited (CSL) said that the Vikrant aircraft carrier (INS Vikrant) built by it for the Indian Navy has sailed for its maiden sea trials. The Kochi-based public sector shipbuilding company said that the propulsion plants of the Vikrant warship will be rigorously tested at the sea. Additionally, trials of various navigation, communication, and […]