Kochi Trade, Technology, Engineering & Industry

[Malayaali]

CIAL Infrastructures Ltd. (CIL) formed

3rd subsidiary company of CIAL after CIASL & Air Kerala.

Solar, Wind, small scale Hydel Power generation, Consultancy for Airport construction, Road development etc. will be taken up by CIL.

ഊർജ, അടിസ്ഥാന സൌകര്യ മേഖലയിലേക്ക് സിയാലിന്റെ ചുവടുവയ്പ്

രൂപീകരണത്തിലും പ്രവർത്തനമികവിലും രാജ്യത്തിനു മാതൃകയായ കൊച്ചി രാജ്യാന്തര വിമാനത്താവളക്കമ്പനി(സിയാൽ)യുടെ മൂന്നാമത്തെ ഉപകമ്പനിയും പ്രവർത്തനസജ്ജമായി. കമ്പനിക്ക് കൂടുതൽ ഊർജ്ജം പ്രദാനം ചെയ്യുന്ന ഊർജ്ജോൽപാദന, നിർമ്മാണ മേഖലകളായിരിക്കും മൂന്നാമത്തെ ഉപകമ്പനിയായ സിയാൽ ഇൻഫ്രാസ്ട്രക്ചേഴ്സ് ലിമിറ്റഡിന്റെ പ്രവർത്തനമേഖല.

വ്യോമയാനാനുബന്ധമേഖലകളിൽ പ്രവർത്തിക്കുന്ന കൊച്ചിൻ ഇന്റർനാഷണൽ ഏവിയേഷൻ സർവ്വീസസ് ലിമിറ്റഡ്(സിഐഎസ്എൽ), സ്വന്തമായി വിമാനസർവ്വീസുകൾ നടത്തുന്നതിനായി രൂപീകരിച്ച എയർകേരള എന്നിവയാണ് ഒന്നും രണ്ടും ഉപകമ്പനികൾ. വിമാനത്താവളത്തിൽ ഗ്രൌണ്ട്ഹാൻഡലിങ് ജോലികൾക്കു പുറമെ വിമാനഅറ്റകുറ്റപ്പണികേന്ദ്രവും സിഐഎസ്എലിന്റെ കീഴിൽ പ്രവർത്തിച്ചു വരുന്നു. വിമാനസർവ്വീസ് ആരംഭിക്കുന്നതിനുള്ള അനുമതി നേടിയെടുക്കുന്നതിനുള്ള തിരക്കിലാണ് എയർകേരള.

50 കോടി രൂപയുടെ മൂലധനവുമായാണ് സിയാൽ ഇൻഫ്രാസ്ട്രക്ചേഴ്സ് രൂപീകരിച്ചിരിക്കുന്നത്. പൂർണ്ണമായും സിയാലിന്റെ സബ്സിഡിയറി കമ്പനി. സിയാൽ ഡയറക്ടർമാരായ സി വി ജേക്കബ്, എം എ യുസഫലി എന്നിവരാണ് ഡയറക്ടർമാർ. സിയാൽ മാനേജിങ് ഡയറക്ടർ വി ജെ കുര്യനെ ഇൻഫ്രാസ്ട്രക്ചേഴ്സിന്റെയും മാനേജിങ് ഡയറക്ടറായി നിയമിക്കുന്നതിനുള്ള നടപടികൾ പുരോഗമിക്കുന്നു.

സോളാർ, വിൻഡ്മിൽ, ചെറുകിട ജലവൈദ്യുതി പദ്ധതി തുടങ്ങിയവയിൽ നിന്നുള്ള വൈദ്യുതോൽപ്പാദനം, റോഡുകളുടെയും വിമാനത്താവളങ്ങളുടെയും നിർമ്മാണം, കൺസൾട്ടൻസി തുടങ്ങിയ പദ്ധതികൾ ഏറ്റെടുത്തു നടത്തുകയാണ് കമ്പനിയുടെ പ്രധാന പ്രവർത്തന മേഖല. വൈദ്യുതോൽപ്പാദന മേഖലയിൽ രാജ്യം, പ്രത്യേകിച്ച് കേരളം നേരിടുന്ന നിരവധി പ്രതിസന്ധികളുടെ സാഹചര്യത്തിൽ ഏറെ ലാഭകരവും രാജ്യത്തിന് പ്രയോജനകരവുമായ മേഖലയിലേക്കാണ് സിയാൽ പുതുതായി കാലെടുത്തുവച്ചിരിക്കുന്നത്.

സൂര്യപ്രകാശത്തിൽ നിന്നും വൈദ്യുതി ഉൽപ്പാദിപ്പിക്കുന്നതിനുള്ള പൈലറ്റ് പദ്ധതിക്ക് കമ്പനി തുടക്കമിട്ടു കഴിഞ്ഞതായി സിയാൽ മാനേജിങ് ഡയറക്ടർ വി ജെ കുര്യൻ അറിയിച്ചു. 100 കിലോവാട്ട് വൈദ്യുതി ഉൽപ്പാദിപ്പിക്കുകയാണ് ലക്ഷ്യം. ഇതിനാവശ്യമായ സോളാർ പാനലുകൾ വിമാനത്താവള ടെർമിനൽ കെട്ടിടങ്ങളുടെ മുകളിൽ സ്ഥാപിക്കുന്ന ജോലികൾ ആരംഭിച്ചു. ഉത്തരേന്ത്യൻ കമ്പനിയാണ് ഈ പൈലറ്റ് പദ്ധതി നടപ്പാക്കുന്നത്. പദ്ധതി വിജയകരമായാൽ 8 മെഗാവാട്ട് വൈദ്യുതി ഉൽപ്പാദിപ്പിക്കാൻ കഴിയുന്ന പദ്ധതി നടപ്പാക്കും.

ചെറുകിട ജലവൈദ്യുത പദ്ധതികളുടെ മറ്റൊരു പൈലറ്റ് പദ്ധതി നടപ്പാക്കാനുള്ള നടപടികളും കമ്പനി ആരംഭിച്ചിട്ടുണ്ട്. ഇതിനായി സർക്കാർ അനുമതിയ്ക്കായപേക്ഷിച്ചു കഴിഞ്ഞു. കെഎസ്ഇബി, വനം, ഊർജ്ജം, ജലസേചനം തുടങ്ങിയ വിവിധ വകുപ്പുകളുടെ അനുമതി ലഭ്യമായാലുടൻ ഈ പദ്ധതിയും പ്രവർത്തന പഥത്തിലെത്തും. വിമാനത്താവളത്തിന്റെ പ്രവർത്തനത്തിനാവശ്യമായ വൈദ്യുതി പൂർണ്ണമായി സൌരോർജ്ജമുപയോഗിച്ച് ഉൽപ്പാദിപ്പിക്കാൻ സിയാൽ ലക്ഷ്യമിടുന്നുണ്ട്. ഇതു സംബന്ധിച്ച വിശദമായ പഠനങ്ങളും ഇതോടൊപ്പം നടന്നു വരുന്നു.

വിമാനത്താവള കമ്പനിയുടെ കൈവശമുള്ള 150 ഏക്കർ സ്ഥലത്ത് സൌരോർജ്ജപാനലുകൾ സ്ഥാപിച്ച് 20 മെഗാവാട്ട് വൈദ്യുതി ഉൽപ്പാദിപ്പിക്കാനാകുമെന്നാണ് കരുതുന്നത്. വിമാനത്താവളത്തിലെ കാർ പാർക്കിങ് സ്ഥലങ്ങളിലെല്ലാം സൌരോർജ്ജപാനലുകൾ സ്ഥാപിക്കാം. കൂടാതെ ടെർമിനൽ മേൽക്കൂരകൾ പൂർണ്ണമായി പ്രയോജനപ്പെടുത്താം. വിമാനത്താവളക്കമ്പനി പ്രതിമാസം 75 ലക്ഷത്തോളം രൂപയുടെ വൈദ്യുതിയാണ് ഇപ്പോൾ ഉപയോഗിക്കുന്നത്. പുതിയ ടെർമിനലുൾപ്പെടെയുള്ള വികസനപദ്ധതികൾ യാഥാർത്ഥ്യമാകുന്നതോടെ അടുത്ത ഏതാനും വർഷങ്ങൾക്കുള്ളിൽ ഇത് ഏതാണ്ട് ഒന്നര കോടി രൂപയിലെത്തുമെന്നാണ് കരുതുന്നത്.

20 മെഗാവാട്ട് വൈദ്യുതി ഉൽപ്പാദിപ്പിക്കാനായാൽ സിയാലിന്റെ ആവശ്യം കഴിഞ്ഞ് വിൽക്കാനുമുണ്ടാകും. ഇതു വഴി കമ്പനിയുടെ പ്രവർത്തനച്ചിലവു കുറക്കാനും കൂടുതൽ വരുമാനമുണ്ടാക്കാനൂമാകും. പദ്ധതി വിജയകരമായാൽ സംസ്ഥാനത്തിന്റെ കൂടുതൽ പ്രദേശങ്ങളിലേക്ക് സൌരോർജ്ജവൈദ്യുതോൽപ്പാദനം വ്യാപിപ്പിക്കാനും കമ്പനിക്ക് പദ്ധതിയുണ്ട്. കാറ്റിൽ നിന്നുള്ള വൈദ്യുതോൽപ്പാദന പദ്ധതിക്ക് പാലക്കാട് മേഖലയിൽ സ്ഥലം പാട്ടത്തിനെടുക്കാനാണ് കമ്പനിയുടെ ഉദ്ദേശം.

[Malayaali]

AVT on Forbes’ best companies list

AVT Natural Products Ltd, Kochi, has been recognised by Forbes as one among 200 best companies from Asia-Pacific region with under $1 billion revenue.

The award function held in Singapore to honour the companies of this elite list was attended by dignitaries from around the world. Ajit Thomas, Chairman of AVT Natural and M.S.A. Kumar, Managing Director represented AVT Natural.

Ajit Thomas received the award from Christopher Forbes, Vice-Chairman of Forbes Media LLC. The list published on August 18 is based on the financial data of the preceding 12 months.

AVT Natural with $47 million (Rs 260 crore) sales, $11 million (Rs 60 crore) net income and $52 million (Rs 290 crore) market capitalisation, is one among 23 companies from India to find a place in this list. AVT Natural is part of AV Thomas Group of companies based in South India.

[Malayaali]

Progno Financial Planning makes its presence online

Kerala’s first fee only financial planning company, Progno Financial Planning, has made its mark on the cyberspace. The official website of the Kochi based Progno Financial Planning Systems, www.prognofp.com, was launched by S R Nair, President of Kerala Management Association and also MD, Team Frontline, at Kochi on December 01, 2012. The interactive website provides comprehensive information and advice on financial planning.

The most important feature of the website is that, it provides questionnaire such as “Should I require Life Insurance Planning?” and “Are you in Debt trap?” Once the user submits the answers, a short advice will appear on the screen stating if the user really requires that service or not. If the user provides her email id, then she will get a detailed report based on her answers to the questions. The site also has an interesting blog named ‘Know How’ where a user can read interesting articles on managing their finances.

According to Sanjeev Kumar, Founder & MD, Progno Financial Planning Systems, “Unlike other investment advisory and wealth management firms, Progno does not sell any financial products like mutual funds or life insurance. It only provides advice based on the financial planning process for a fee. Progno does not earn commission or brokerage income from any product manufacturer. Progno thus ushers in a new era of providing financial advice independent of product sales.”

Founded earlier this year, Progno Financial Planning Systems (P) Ltd is Kerala’s first and only independent fee only personal financial planning company founded by Sanjeev, who is one of the top Certified Financial Planners in India. His experience spans the various fields of finance spanning across capital markets, investment research, personal financial planning, financial modelling, Insurance and financial software development.

Apart from Comprehensive Financial Planning, the company provide financial advice to individuals on debt management, investment planning, insurance planning, retirement planning.

[Malayaali]

Lan Mark to rebrand its Kerala business

KOCHI: Lan Mark, a home appliances retail chain operating by franchisees, is on a rebranding exercise. Its 195 stores in the state will be renamed as White Mart on December 6. "We are planning to grow White Mart into a national brand with global ambitions," said Jerry Mathew, MD of the company.

"Following an extensive market survey, we have identified more small and medium-sized towns in Kerala where we hope to appoint franchisees in the next 12 months. With that work already under way, more than 13 new White Mart showrooms are being opened in Kerala this month to mark the name change," he noted.

Lan Mark started its Tamil Naduoperations earlier this year and has opened 25 showrooms in Chennai under the brand White Mart. The company is planning to double the number of showrooms in Chennai by next March, said Mathew.

"Compared to Kerala, the Tamil Nadu market is four times bigger. After venturing into the rest of Chennai, we will open shops in coastal Andhra Pradesh and Karnataka," he added.

Founded in 2005 with a 1,600 square ft warehouse in Kochi, the company has grown significantly in the recent past. The company survived in an environment where independent home equipment retailers had a tough operating arena with highly competitive market dominated by large players. Grouping under an umbrella brand gave competitive advantages to small shops. "We impart training to the sales staff and provide accounting software to the individual stores," Mathew said.

During the fiscal 2011-2012, the combined revenues of all Lan Mark stores touched Rs 108 crore, and the company is targeting Rs 140 crore for this fiscal. Mathew also plans to expand the network to 500 shops in south India over the next three years.

"Along with a sector-specific branding for its home appliances business,

Lan Mark is also exploring the feasibility of entering other retail verticals such as fast-moving consumer goods and convenience stores, to become a retail power house in the country," Mathew said.

[Malayaali]

Gold worth 75,000 crore sold in Kerala in 2011

It seems Kerala is the ‘Gold Capital’ of the country since the state accounts for about 25 per cent of total gold consumed in the country.

In 2011, 245 tonnes of gold worth Rs 75,000 crore was sold in the state. The overall consumption in the country during the period was 986 tonnes worth Rs 2.3 lakh crore. Kochi alone accounted for about 14 per cent of the total gold consumed in the state.

It is estimated that this year the total gold consumption in the country would be about 700-850 tonnes, and the consumption in Kerala will also be in tandem with that.

“People in Kerala are opting for gold even the prices are high considering it as a good investment option. It seems that the trend will continue in future too. Gold loan companies make it easier for the people to liquidate gold. Recently there has been a shift in the jewellery sector from gold to diamond. But the demand for gold is in the growth track,” said Siju Kallikkadan, purchase manager, Joyalukkas Group.

Rishit Sanghvi, business head (gold) Reliance Money, said the state has several advantages which helped it to emerge as the gold capital of the country.

“The strong NRI population and highest per capita income compared to other states are the advantages of the state. But the gold business in the state is concentrated mainly in the unorganised sector,” he said.

In a span of five years gold prices have increased by 238 per cent. But experts in the field say that escalating prices did not pull back customers from buying gold.

According to a rough estimate about 20,000 tonnes of gold is held by households in the country. Of which about 55 per cent is with the rural population.

There are five lakh jewellers in India and an equal number in the unorganised sector. However, there are only 9,156 licensed jewellers. India accounts for about 28.3 per cent of the total gold demand globally.

[Satyrias]

Anybody here knows any website that gives the price of Gold for the last 50 yrs in Indian Market?

I can find the international Gold price but I am looking for the Indian price.

Before the economic reforms in India, the price of Gold in India was higher than in the International market; now it is almost the same or only has a slight price difference

[Malayaali]

Originally Posted by Satyrias

Anybody here knows any website that gives the price of Gold for the last 50 yrs in Indian Market?

What's Google there for?

[Satyrias]

hi Malayali,

I am in a different country and my search always go to International market price.

Would you give me the link to that website? I want to download the daily prices to plot in a spread sheet.

[Malayaali]

You can search in the country site of google.
www.google.co.in

I got it from www.jagoinvestor.com/gold-price-movements-analysis.html

[Satyrias]

Thanks.

If you want to compare the price with international market, here is a site you can get from 1833-2011 in USD per ounces. (1 Oz ~ 31.1g)

Go to the bottom of this site:

http://www.finfacts.ie/Private/curen...arketprice.htm

[mohammedirshad06]

Mobme makes first Student start-up to list in stock exchange

The time is 12 minutes past noon on December 12, 2012 – that’s 12.12, 12-12-12 (Phew!). For most of us it’s just another interesting sequence, one that occurs but once every 100 years. For the guys at telecom start-up MobME Wireless Solutions Private Limited, though, it’s “a Neil Armstrong moment” – the ‘one small step for a man, one giant leap for mankind’ variety or in this case, a giant step forward for start-ups in Kerala.

At 12.12 p.m. on Wednesday, the sixth anniversary of the company’s founding, Sanjay Vijayakumar, Sony Joy, and Vivek Steve Francis, the 28-year-old co-founders of MobME, all natives of the city, took the leap with their company into the big leagues and announced their decision to go public with an Initial Public Offering (IPO). An IPO is the first sale of stock by a company to the public, the first step in the three-step process to listing it in the Stock Exchange.

With this, the Kochi-based MobME, a telecom value added services company that is one of the most successful start-ups in the sector and the first campus start-up in Kerala to be successfully incubated through a Government-funded Technology Business Incubator (based at Technopark), becomes the first campus start-up in India to go public, the first home-grown IT company in Kerala to do the same!

Understandably, the trio is over the moon. “Six years ago we started MobME as a vehicle to create employment, knowledge and wealth in society. At the time, taking a leap into entrepreneurship while at college was rare in India and unheard of in Kerala. Others called it madness, we called it MobME!” says the dynamic Sanjay, his pride at the feat irrepressible – a feeling that’s equally reflected in the demeanours of Sony and Vivek too. Sanjay is the chief executive officer of the company, Sony, it’s chief operating officer, and Vivek, is chief financial officer.

“We’ve travelled a long way and it has been a fun and eventful journey. There comes a stage in every company’s life when it truly has to emerge. This is MobME’s time,” adds Sanjay. Sony chips in: “Yes it’s been six years. But what we’ve realised is that it’s just the start of the journey. The first part of our journey was only shared with a bunch of friends, who later became partners/employees in the company, a bunch of investors who came in at different points of time, a bunch of clients, who we started off with in a small way, a small group of family and well-wishers, who’ve been our rocks, and a bunch of mentors who’ve inspired us with their knowledge and expertise. They shared the story with us and our ups and downs too. We felt that it was necessary for a much wider set of people to be part of the journey.”

Securities and Exchange Board of India regulations for and during the process of an IPO prevent the youngsters from divulging the company’s plans. But increasingly, on a global scale in the IT field there seems to be a shift from the services business to the product business and the youngsters seem to be right up in front of the trend leading what will soon be a smart phone revolution in India.

Of doing business in Kerala, though, they can’t stop waxing lyrical. “Nowadays we see many start-ups being set up in tier-two/tier-three cities. But back in 2006 there was much pressure to base the company outside the State owing to lack of an IT ecosystem, talent pool, metro life, less remuneration... But we were determined to stay in Kerala. Marketing and sales divisions, for obvious reasons had to be set up in the metros, but to base the technical division in Kochi was a logical decision, which turned out to be a cost and work effective one too. We wanted our employees to sit in 10 minutes of traffic instead of the two hours of traffic!” says Sony.

“It’s only a myth when they say that you can’t get business in Kerala and to succeed your dreams have be national or global,” adds Vivek, who seems to be the quietest of the lot. “He’s a whiz at crunching numbers, while Sanjay is our seeker/hunter who comes back with 100s of ideas,” explains Sony, with a grin. “And Sony’s expertise is in whittling down the ideas,” quips Vivek.

The camaraderie is evident in the easy interactions among the trio. “We have a wealth of history (Vivek and Sanjay went to Loyola school together; Sony studied in Christ Nagar school), we shared triumphs and failures, we share interests and dreams, we are all workaholics, we all share the same house… even the top 20 people in our company are our classmates/batch-mates/ college-mates. They too are very like us,” say the trio. And with this kind of camaraderie surely the sky is the limit.

All the best youngsters!!! You are making our state's name proud, a role model for our new generation and also helping our city to grow!!!!

[sree_ec]

Great !!!

[psanthosh]

എഫ്.എ.സി.ടി.ക്ക് 6,779 കോടി രൂപയുടെ കേന്ദ്രസഹായം

ന്യൂഡല്*ഹി: എഫ്.എ.സി.ടി.ക്ക് 6,779 കോടി രൂപയുടെ സാമ്പത്തികസഹായം നല്*കാന്* കേന്ദ്രമന്ത്രിസഭയുടെ സാമ്പത്തികകാര്യ സമിതി തീരുമാനിച്ചു.

നാഫ്ത ഉപയോഗിച്ചതുമൂലം കഴിഞ്ഞകാലങ്ങളിലുണ്ടായ നഷ്ടം നികത്താനും 2014-നകം വൈപ്പിനിലെ എല്*.എന്*.ജി. ടെര്*മിനലില്*നിന്ന് പ്രകൃതിവാതകം കൊണ്ടുവന്ന് വളം ഉത്പാദിപ്പിക്കാനുമാണിത്.

ഇക്കൊല്ലം ഏപ്രില്* ഒന്നുമുതല്* 2014 മാര്*ച്ച് 31 വരെയുള്ള കാലത്തേക്കായിരിക്കും സഹായം നല്*കുക. എഫ്.എ.സി.ടി.ക്ക് സ്ഥിരം ചെയര്*മാനെയും മാനേജിങ് ഡയറക്ടറെയും നിയമിക്കാനും തീരുമാനമായിട്ടുണ്ട്. ഇതിനുള്ള നടപടികള്* സ്വീകരിക്കാന്* ക്യാബിനറ്റ് സെക്രട്ടറിക്ക് മന്ത്രിസഭാ സമിതി നിര്*ദേശം നല്*കി. പ്രതിരോധമന്ത്രി എ.കെ. ആന്റണിയും കേന്ദ്രഭക്ഷ്യമന്ത്രി കെ.വി. തോമസും സാമ്പത്തികകാര്യ സമിതിയില്* പങ്കെടുത്തിരുന്നു.

മംഗലാപുരം, ഗുജറാത്ത് എന്നിവിടങ്ങളിലെ വളം നിര്*മാണശാലകള്*ക്ക് സാമ്പത്തികസഹായം നല്*കാനുള്ള നിര്*ദേശംകൂടി മന്ത്രിസഭയുടെ പരിഗണനയ്ക്ക് വന്നെങ്കിലും തീരുമാനം മാറ്റിവെച്ചു.

2014-നുള്ളില്* എഫ്.എ.സി.ടി.യില്*നിന്നുള്ള യൂറിയ ഉത്പാദനം പ്രകൃതിവാതകത്തിലേക്ക് മാറ്റും. ഏത് നിരക്കിലാണ് വാതകം നല്*കേണ്ടതെന്ന് പെട്രോളിയം മന്ത്രാലയവും രാസവസ്തുമന്ത്രാലയവും ചര്*ച്ചചെയ്ത് പിന്നീട് തീരുമാനിക്കും.

നാഫ്ത ഉപയോഗത്തെത്തുടര്*ന്നാണ് എഫ്.എ.സി.ടി. നഷ്ടത്തിലായത്. തുടക്കത്തില്* ഇറക്കുമതിചെയ്ത അമോണിയ ഉപയോഗിച്ചായിരുന്നു എഫ്.എ.സി.ടി.യിലെ ഉത്പാദനം. പിന്നീട് കൊച്ചിന്* റിഫൈനറിയില്*നിന്നുള്ള നാഫ്ത ഉപയോഗിച്ചുതുടങ്ങി. നാഫ്ത ആദ്യം ലാഭകരമായിരുന്നെങ്കിലും പിന്നീട് വില ഉയര്*ന്നതുമൂലം എഫ്.എ.സി.ടി.യുടെ നിലനില്*പ്പ് അപകടത്തിലായി. എഫ്.എ.സി.ടി.യുടെ നഷ്ടം നികത്താനും സാമ്പത്തിക പാക്കേജ് പ്രഖ്യാപിക്കാനും സംസ്ഥാനത്തുനിന്ന് കടുത്ത സമ്മര്*ദമുണ്ടായിരുന്നു. തൊഴിലാളിയൂണിയനുകള്* ഒറ്റക്കെട്ടായി ഈ ആവശ്യത്തിനുവേണ്ടി രംഗത്തിറങ്ങി.

http://www.mathrubhumi.com/online/ma...2-12-14/kerala

[Prasanth_KCV]

http://newindianexpress.com/cities/k...cle1378754.ece

Rs 6,779 crore for FACT revival

The Union Cabinet has approved a Rs 6,779-crore revival package for the Fertilizers and Chemicals Travancore Ltd (FACT), Kochi, according to Union Minister of State for Food and Civil Supplies K V Thomas.

The Minister said on Thursday that the package will enable FACT to compensate for the losses which are being incurred during the manufacture of urea till March 2014.

Currently, huge quantity of naptha is being procured for the production of urea.

According to Thomas, the company will be given two years after which scientific measures should be adopted for the manufacture of urea from the LNG terminal at Puthuvype.

Sources close to the Minister said the Petroleum and the Fertilisers Ministries will finalise the rate for the LNG being produced later.

FACT had earlier submitted a proposal identifying projects such as a new sulphuric acid plant, urea plant, NP Complex Fertiliser plant, SSP (single super phosphate) plant and ammonia-urea complex for which substantial investment is required.

The proposal had stated that the company intends to set up these projects in Kochi and will provide land and infrastructure to the joint venture as its share of the equity.

As part of reviving urea production, the company plans to set up an ammonia-urea complex, which will consist of an ammonia plant of 2,000 tpd capacity and urea plant of 3,500 tpd capacity. The estimated investment cost towards this will be Rs 4,500 crore.

[mohammedirshad06]

[Malayaali]

Dentsu starts operations in Kochi

Dentsu Communications, a full service independent communications agency and a part of the Dentsu India Group, has commenced operations in Kochi. With this, the agency's branches have grown to five in India.

Rohit Ohri, Executive Chairman, Dentsu India, said, “Our commencement of operations in Kochi is part of our larger strategic plan of accelerated growth in India. We’re now fully equipped to offer integrated communication services to all our clients in southern India. Arijit Ray, CEO Dentsu Communications, Suresh Mohan Kumar, National Planning Head and Ashwin Prathiban, Regional ECD (South) will drive this new initiative. I’m confident that under their leadership, we shall see a new spurt in growth in this region.”

Commenting on the expansion and the south market, Arijit Ray, CEO, Dentsu Communications, said, “We are extremely upbeat about our operations in the south. The Bangalore operation is our largest and most integrated with three pillar clients – Toyota, Nissin and TVS. With a clear focus on building the Bangalore operation into a hub of excellence to cater to all markets in the south, the capability and talent building process is bearing fruit. With a fully integrated creative, events, media and PR team that has conceived and executed the Etios Motor Racing programme, the team is set to leverage integrated opportunities on current and potential clients. What is heartening is that we have been able to build our strategic integrated capabilities around our clients brand and business mandates.”

Ray further said, “We see a lot of potential in Kochi. We have a great team that understands the local nuances to start our journey in Kerala. Saji Jayakumar, our Kochi head, and his team will do everything to make it a stellar operation.”

Ashwin Parthiban, Regional Executive Creative Director, Dentsu Communications, said, “Dentsu’s Kochi presence offers exciting creative possibilities, and an interesting opportunity to work on a mix of both local and national brands that are based in Kerala. There is a refreshing appetite for pathbreaking creative ideas among clients here, and benchmarks are set very high. Most importantly, Keralites have a rich story-telling culture, not to mention a very evolved appreciation of film, and this mix provides delightful creative inspiration.”

Suresh Mohan Kumar, National Planning Head, Dentsu Communications, added, “Kochi office underlines Dentsu’s emphasis on and commitment to southern markets. Our key differentiator would be our ability to conceive and deliver totally integrated communication solutions. Bangalore will continue to be the planning and creative hub but we will tap into our teams’ local expertise to provide our clients with solutions that make a difference in the market place.”

[Malayaali]

Originally Posted by mohammedirshad06

MobME to become first Kerala IT company to issue IPO

Great going MobME. CIAL, CSL and now MobME. Many Kochi based firms are getting listed in the share market

[Malayaali]

MobME HO, Kochi

[Malayaali]

A video on KITCO

[Malayaali]

TELK eyeing expansion in 765 KV class transformer market

Kochi: Kerala-based Transformers and Electricals Kerala Ltd (TELK) today said it is eyeing the 765 KV class transformer market space and efforts are on for a tie-up with an overseas partner for transfer of technology.

"The company, which has regained its financial health, retained its technical competency, and its ability to design, engineer and manufacture the best quality transformers in the country, is now looking optimistically at 765 KV class transformer market space for which efforts are going on for tie-up transfer of technology from a proven overseas partner', a company press release said.

It will also play an active role in the transformer space for 220kv, 400kv and 765 kv voltage levels.

Set up in 1963 by the state Government in collaboration with M/s Hitachi Limited, Japan for the complete Design, Manufacture and Supply of Power Transformers in India, TELK, which manufactures Extra High Voltage Power Transformers up to 420 kV 315 MVA and CTs, PTs and Bushings upto 420 kV Class, is celebrating its golden jubilee this year.

TELK was the first firm to manufacture 400 kv class transformers in India in 1977. The first 500 MW Thermal Unit in the country was put up by TATA Power at Trombay and the Generator Transformer for it was engineered and manufactured by TELK. These transformers are still under satisfactory operations for more than last 25 years, the release said.

After facing some financial problems, NTPC joined hands with the state government in acquiring 45 per cent stake in the company following which fresh equity was infused.

Today, TELK is a zero debt and dividend paying company with a positive net worth of over Rs 116 crore and has also come out of the purview of BIFR.

TELK has several customers, including all State Electricity Boards, NTPC, NPC, PGCIL, DVC, NLC, BBMB, TATA Electric Company, Torrent Power Limited, L&T, Siemens, ABB, BGR, LANCO and VA Tech. It has supplied more than 2375 Transformers (85000 MVA) till now, the release said.

TELK Transformers are also exported to countries like Tanzania, Indonesia, Oman, Iran, Cambodia, Malaysia, Vietnam and Singapore.