Louis Cruises India chooses Kochi as home portSeptember 18th, 2009 THIRUVANANTHAPURAM - Louis Cruises India, a subsidiary of one of the world's leading cruise operators Louis Cruises, launched its operations in India with Kochi as its home port. Louis Cruises India managing director Oneil Khosa has signed an agreement with Kerala Tourism Director M.
ONGC to start major oil drilling off Kochi coastAugust 2nd, 2009 KOCHI - The Oil and Natural Gas Corporation (ONGC) is all set to start a major oil drilling off Kochi coast from today. Most of the preliminary exploratory drilling confirmed the presence of hydro-carbon, carbohydrate and other chemicals.
ONGC to start drilling for oil off Kochi coastAugust 2nd, 2009 KOCHI - It will take at least 100 days to confirm whether there is hydrocarbon presence off Kochi coast, Oil and Natural Gas Corp (ONGC) chairman R.S. Sharma has Sunday.
Jet to launch Kochi-Sharjah daily flight from Sep 1July 21st, 2009 THIRUVANANTHAPURAM - Private carrier Jet Airways will launch daily services on the Kochi-Sharjah route from Sep 1, the airline said Tuesday. This will be Jet's fourth daily flight to the Gulf from Kochi, the airline said in a statement.
Sea Launch Co. files for Chapter 11 reorganizationJune 24th, 2009 Sea Launch Co. files for Chapter 11 reorganizationLONG BEACH, Calif.
Kochi civic body makes it real tough for litter-bugsJune 17th, 2009 KOCHI - Residents in the Kochi Municipal Corporation area of Ernakulam district risk paying out a fine of Rs.10,000 if they are caught throwing garbage on the street. The new law came into effect Tuesday after the district administration held detailed discussions with various departments including the police and the municipal corporation of Kochi.
Regulator plans securities trading using wireless technologyMay 28th, 2009 NEW DELHI - Market regulator Securities and Exchange Board of India (SEBI) Thursday proposed to extend the Internet trading facility in securities on exchanges by enabling the use of wireless technology. The framework for Internet-based trading was put in place Jan 31, 2000, it said, but the use of wireless technology had to maintain certain safeguards.
ICICI Bank's Kamath joins Infosys as directorMay 2nd, 2009 BANGALORE - Infosys Technologies Ltd appointed K.V. Kamath, non-executive chairman of ICICI Bank, as an additional director to its board, the IT bellwether said Saturday.
Emirates announces new package on Kochi-Dubai sectorMarch 31st, 2009 KOCHI - Emirates Airlines Tuesday announced a 'companion offer' that extends a complimentary return ticket in the same class for a companion for a passenger travelling from here to Dubai. In a press statement, the airlines said the offer was valid on flights EK533 departing from Kochi 4.20 a.m.
Kochi on terror alert after intelligence inputsMarch 30th, 2009 THIRUVANANTHAPURAM - Kochi, Kerala's commercial hub, was on alert after intelligence reports indicated that a terror gang was possibly heading towards the city, a police official said Monday. Inspector General of Police Arun Kumar Sinha, however, denied media reports that it was a gang of the Liberation Tigers of Tamil Eelam (LTTE) and that they had arrived on the coast near Shertallai, near Alappuzha, and were heading towards Kochi.
Geojit launches online trading in currency derivativesMarch 21st, 2009 KOCHI - City-based Geojit Financial Services Ltd Friday launched internet trading in currency derivatives. BNP Paribas Personal Investors deputy chief executive Vincent Lecomte opened the trading at a function here.
ICICI Ventures blames Subhiksha for complete operational failureFebruary 24th, 2009 MUMBAI - Private equity firm ICICI Ventures, the second largest shareholder of the retail chain Subhiksha, Monday said there was 'complete' operational failure at the retail firm, and that it had a fiduciary responsibility towards its own investors. ICICI Ventures had filed a complaint against Subhiksha Trading Services with the Registrar of Companies (RoC) in Chennai a few days back.
Kochi Metro Rail gets government nodJanuary 19th, 2009 THIRUVANANTHAPURAM - The Kerala government Tuesday approved the proposed Rs.3,048-crore (Rs.30.48-billion) Kochi Metro Rail project and sanctioned Rs.5 million to set up an office at Kochi. 'Th project will be on similar lines to the Delhi Metro Rail Corporation.
ICICI Bank posts 50 percent growth in CanadaDecember 31st, 2008 TORONTO - Defying market trends, ICICI Bank posted 50 per cent growth in Canada in 2008, crossing $ 6 billion in assets. Rated as one of the best foreign banks operating in Canada, ICICI Bank (Canada) is a 100 per cent subsidiary of the parent bank in India.
ICICI Bank, LIC Housing cut home loan ratesDecember 30th, 2008 MUMBAI - Two more lending institutions - ICICI Bank and LIC Housing - Wednesday cut their interest rates on home loans by up to 75 basis points (bps). While LIC Housing Finance cut rates for existing home loan borrowers by 75 bps effective Thursday, ICICI cut rates by 50 bps with immediate effect.