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Why is KSIDC ‘sitting’ on FY23 numbers?

But numbers have been disclosed to a rating agency CL Jose THIRUVANANTHAPURAM: One is bound to wonder why Kerala State Industrial Development Corporation (KSIDC),...

Kochi Metro still in the Red; FY22 loss at Rs340 cr

Gross revenue far less than interest expenses By CL Jose KOCHI/November 20-2022: Kochi Metro that commenced its commercial operations more than five years ago with much...

Kerala Bank spends Rs148 cr on directors, local committee members?

'TDS deductions on PACS' cash withdrawals ignored' By CL Jose THIRUVANANTHAPURAM/October 17-2022: Even as some ‘observations’ made by the auditors have posed question marks on the...

SC rejects Kerala plea against Adani bagging TVM airport rights

Question on ownership of airport land to remain open BBN Bureau NEW DELHI/October 17-2022: The Supreme Court on Monday rejected the plea filed by Kerala government...

Auditors raise concerns about bad loans cover-up by Kerala Bank

Is Kerala Bank profit real? One-time-settlement (OTS) beneficiaries get repeat loans By CL Jose THIRUVANANTHAPURAM/October 04-2022: Is the Kerala Bank’s claim of Rs77.24 crore profit for...

Deloitte Haskins resigns as KIAL auditors citing incommensurate fee

Krishnamoorthy & Krishnamoorthy to be new statutory auditors By CL Jose KANNUR/September 28-2022: Deloitte Haskins & Sells LLP, has resigned as the statutory auditors of Kannur...

Kochi Metro 2nd phase: Kerala needs to dole out Rs314.5 cr

Borrowings will be pegged at Rs1016 cr; completion cost estimated at Rs1957.05 cr By CL Jose KOCHI/September 09-2-22: Kerala state will have to cough up Rs314.46...

Deyaar net profit drops 40pc

Dubai (UAE): Deyaar Development, one of Dubai’s leading property developers and real estate service providers reported net profit of AED130.4 million for the year...
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