Category Archives: Business
Grand Kerala Shopping Festival Version 4
The fourth version of Grand Kerala Shopping festival is scheduled to be held from Dec 1, 2010 to Jan 14, 2011. Grand Kerala Shopping Festival is organized by Kerala government and all shopping ventures spread across the State can become its partners. Through this Shopping festival the whole Kerala becomes a big shopping mall. The fest is conducted by the Tourism department in coordination with Industries and Commerce, Finance and Local self government Departments. Kerala changes to an international shopping destination during this festival. Lucky draws, bumper prizes and lot of discounts are awaiting the shoppers during this festival. Grand Kerala Shopping festival is counted as the largest shopping festival in Asia. This Shopping festival can generate good tax revenue to Government.
For details of last year’s Grand Kerala Shopping Festival
Kerala Travel Mart 2010
The 6th edition of Kerala Travel Mart (KTM) will be held from 23rd to 26th of September 2010 at Bolgatty Palace Cochin. KTM exhibition is held once in 2 years. The last KTM Expo was held in 2008. This is the most notable international B2B tourism fest which Kerala hosts. KTM 2010 will have the presence of more than 1500 bearers from different countries including Germany, Italy, U.S, France etc. KTM 2010 participants include representatives of Travel agencies, Airlines, Media etc.
Kerala Travel Mart is the best launch pad for the tourism related firms in Kerala. The program schedule of KTM 2010 are given below
| 23rd Sep’10 (Thu) | |
| 6.30 p.m. | Inaugural Ceremony |
| 24th Sep’10 (Fri) | |
| 9.30 a.m. | Inauguration of the Venue |
| 10.00 a.m. – 6.00 p.m. | Business hours |
| 25th Sep’10 (Sat) | |
| 10.00 a.m. – 6.00 p.m. | Business hours |
| 26th Sep’10 (Sun) | |
| 10.00 a.m. – 6.00 p.m. | Business hours |
| 10.00 a.m – 6.00 p.m. | Open to visitors |
| 4.30 p.m. | Valedictory function |
| 6.00 p.m | Mart closes |
Mega Shopping Festival at Mittai Theruvu
Mittati Teruvu of Calicut is celebrating its 100th year of textile business with lot of attractive fun events and prize schemes. The Mega Shopping festival launched last day will last for next 6 months. The royalty and dignity of Mittai Teruvu market is always in its glorified stage itself. We can witness all the latest trends and price ranges in this market. The greatest collection, wide price range and lucky draws attract even people of neighboring districts to this aristocratic market. This Mega event is organized by Calicut chamber of commerce, Calicut piece goods merchants association and Radio Mango. All shops and merchants of Mittai Teruvu are participating in this event. This shopping fest is spread across various business centers around Mittai Teruvu including Koyenco bazaar, Grand bazaar, M.E complex etc.
The Bumper prize of this mega event is a beautiful residential flat in the prime location of Calicut. The other gifts include gold coins, gift vouchers etc. The Onam and Ramsan are the seasons of great trade in Mittai Teruvu
IndiaPay
India’s own payment processing platform
Indians can soon hear a new payment processing platform other than visa and master card. Indiapay, the totally indigenous payment processing platform will be launched within two years. IndiaPay will be developed by National Payment Corporation of India (NPCI) with the support from Reserve Bank of India. NPCI is promoted by banks such as State Bank of India, Punjab National Bank, ICICI Bank, HDFC etc alone with foreign banks such as Citybank and HSBC.
The introduction of India pay can reduce the dominance of Visa and Master Cards in India. This will result in the reduction of transaction charges in bank. The credit card companies are taking away a great lump of money each day as processing fee when we swipe at ATM’s and malls. Indiapay is important because the transactions using the plastic money is increasing each day.
Sariath Portfolio Management Service
Equity Intelligence from Cochin had introduced India’s first Sariath portfolio management service which will invest only in domains that does business in accordance with Islamic laws. The PMS (Portfolio Management Service) is introduced by Equity Intelligence of Porinju Veliyath targeting the NRI Malayalees.
According to Sariath laws, the investment in domains of liquor, tobacco, casino are adult activities are illegal and wrong. Sariath PMS is making investments in the areas of news, communication, technology, basic amenities, transportation etc. This is considered much profitable than the traditional investment schemes. 10 lakh Rs is the minimum amount required for investment in Sariath PMS by a Keralite and for an NRI it is 25 lakhs.
Uninor Onam Offer
Uninor launched special lucky draw gift schemes for Kerala customers targeting Onam season. The schemes are active up to 31 August 2010. Uninor users can be a part of this contest by recharging with an amount of minimum Rs 100. The lucky draw prizes include Ford Figo, 100 gold coins,5 LCD TV, 10 Nokia phones, 50 Bling phones etc. Apart from these prizes there is also an assured gift for all recharges too.
Kalyan silks at Calicut
Kalyan silks will launch their Calicut showroom with great variety collection on 8th August 2010. Lt.Col Dr. Mohanlal will inaugurate the showroom at 10 am. The showroom is spread across 70,000 sq.ft in 7 floors. The first floor is exclusive for bridal silk sarees. Kalyan silks Calicut stocks about 2 lakh silk sarees in this floor. Second floor stocks sarees for regular use and third floor stocks readymade dresses, churidar materials and modern dresses exclusively for woman .Fourth floor is the exclusive zone of kids. Sixth floor is gents zone and it also stocks premium marriage suits for grooms. The seventh floor stocks furnishing items. This is the 7th showroom of Kalyan silks in Kerala
