Thiruvananthapuram, July 23( BPNS) A US based Information Technology (IT) company will be setting up shop in Kerala from Monday (July 24,2023). The company will be providing direct employment to 200 people in the state. The Chief Executive Officer of ‘Cloud Q’ Yassar Hameed in a press conference on Sunday told media persons that the […]
Aavin to hike procurement price to ward off Amul threat
Chennai, May 29 (BPNS) Tamil Nadu milk cooperative Aavin controlled by the state government is in the process of increasing the milk procurement price from farmers. This is in a way to ward off the threat posed by national milk cooperative, Amul which is aggressively foraying into the Tamil Nadu market by procuring milk from […]
Amul’s entry into TN threatens Aavin’s monopoly in milk procurement
Chennai, May 23 (BPNS) Tamil Nadu Cooperative Milk Producers Union and the milkman of the state Aavin will soon lose their monopoly in milk procurement with the arrival of the national milk major Amul to the state of Tamil Nadu. Amul has already established a plant in Chittoor in Andhra Pradesh and milk procured from […]
Mangoes expected to be cheaper in TN this season, good crops in state
Chennai , April 10(BPNS) With good yield in the Salem orchids this season, the price of mangoes is likely to fall. During the previous season, Mangoes were highly-priced, mainly due to a poor crop. A.Jayapal of Salem Mango Trader association while speaking to BPNS said, “ The price of mangoes is likely to fall by […]
Ukraine crisis, Europe slowdown :TN textile industry seeks export incentives in Union budget
Chennai, Jan24 (BPNS) The textile industry of Tamil Nadu has sought for export incentives and additional credit support in the budget for 2023-24 of the Union government to be presented in the parliament on February 1. The Tiruppur textile industry which is the pioneer for exporting of textiles from Tamil Nadu and for that matter […]
Shriram Finance Limited -touches AUM Rs 30,000 Cr in TN
Chennai, Dec 22 (BPNS) Shriram Finance Limited (Shriram Finance), India’s largest retail NBFC announced today that the AUM of the company in Tamil Nadu touched INR 30,000 Cr. The growth has been on the back of an economic turnaround, rural markets revival, and pick-up in infrastructural activity. This has in turn driven up demand for […]
Tiruppur migrant workers uncertain as textile units shuts down
Chennai, Dec 16 (BPNS) The migrant workers of the textile capital of Tamil Nadu, Tiruppur are facing uncertainty as several units are shut down following fluctuating yarn prices. The textile city which was once buzzing with activities have now in lockdown mode. Sujit Mandal, a migrant worker from Midnapore in West Bengal who has been […]
Dwindling supply :Jasmine price shoots up to Rs 3000 per kg in TN
Chennai, Dec 11 (BPNS) The dwindling supply of flowers has increased the price of Jasmine in the local markets of Tamil Nadu, especially the Madurai market. Flower traders told BPNS that the rains and morning mist have taken their toll on production of Jasmine and hence the supply is hit in Madurai, Coimbatore, Tiruchy, and […]
Beta group to invest 100 m USD in West African nation Guinea Bissau
Thiruvananthapuram, Dec 2 (BPNS) Kearla based Beta group headed by business tycoon, Dr. J. Rajmohan Pillai which is the one of the largest food conglomorate of Asia will be investing 100 Million US dollars in West African nation, Guinea Bissau to open a new cashew processing unit. A memorandum of understanding was signed in this […]
Cochin Shipyard, IIT- Madras joins together to support maritime start ups
Thiruvananthapuram, Nov 6 (BPNS) The Cochin Shipyard Limited (CSL) will join hands with the Indian Institute of Technology (IIT) Madras to support start ups in the maritime sector. The CSL in a statement on Sunday said that this programme will help young talented entrepreneurs to develop products or services with financial support from the shipyard. […]