Author: News Desk

Joy Alukkas, Chairman and Managing Director of Joy Alukkas Group, is venturing into the healthcare sector with a new hospital near Thrissur Medical College, Kerala. This marks a significant diversification for the Joyalukkas Group, which has built its reputation in jewellery and real estate. Kerala’s Changing Investment ClimateSpeaking exclusively in an interview with Nisha Krishnan from Channeliam at the Invest Kerala Global Investor Summit in Kochi, Joy Alukkas highlighted the remarkable transformation in Kerala’s business environment. He noted that the state now offers a more stable and welcoming climate for investors, with fewer obstacles such as strikes and shutdowns. He…

Private investments are the key to Kerala’s economic growth, says Kalyan Silks Chairman T. S. Pattabhiraman. Speaking at the Invest Kerala summit, he shared his views with Channeliam.com founder Nisha Krishnan on the state’s evolving business landscape. The Need for Change in Kerala’s Business Environment Pattabhiraman emphasized that while government initiatives and support are essential, private investments are what truly sustain businesses. He highlighted that Kerala’s future growth depends on self-sufficiency, making private participation crucial for long-term economic stability. Favorable Business Climate in Kerala Kerala has undergone a significant transformation in its business environment. The state has not witnessed major…

The Kerala government has set a strict timeline for processing business proposals from the Invest Kerala Global Summit (IKGS 2025). Industries Minister P Rajeeve announced that all Expressions of Interest (EoIs) would be evaluated within two weeks. A review committee, led by the Chief Secretary, will oversee project approvals with coordination from relevant departments. KSIDC will handle large-scale projects over ₹50 crore, while the Industries Directorate will manage MSME proposals under ₹50 crore. IT-related projects will be taken up by the IT department. A dedicated KSIDC team will categorize similar proposals into seven sectors, each monitored by a team of…

Located in Prayagraj (formerly Allahabad), Uttar Pradesh, Anand Bhavan is an iconic site of historical and political significance. Once the ancestral home of the Nehru-Gandhi family, it holds a special place in the hearts of many as a symbol of India’s struggle for independence. A Glimpse into Anand Bhavan’s History Anand Bhavan is a testament to the pivotal role played by its residents in India’s independence movement. Built by Motilal Nehru, a leading figure in the freedom struggle, the house became a place for many significant political discussions and strategies. Notably, it served as a gathering point for key figures…

Jasprit Bumrah is among the highest-paid cricketers in India. He is in the A+ category of the BCCI central contract, earning ₹7 crore annually. Apart from this, he receives ₹15 lakh per Test match, ₹7 lakh per ODI, and ₹3 lakh per T20I. IPL and Brand Endorsements Bumrah’s earnings are further boosted by his IPL contract and brand endorsements. He plays a key role for Mumbai Indians in the IPL, earning a significant salary. Additionally, he endorses several top brands, adding to his wealth. Luxurious Properties Bumrah owns lavish homes in Mumbai and Ahmedabad. His Mumbai property is valued at ₹2 crore, while…

Adani Vizhinjam International Port is set to play a crucial role in India’s maritime exports, transshipment, and industrial growth. It is India’s only deepwater container port, with a natural depth of 24 meters and located just 10 nautical miles from international shipping routes. Vizhinjam is opening up new opportunities by reducing India’s reliance on ports like Colombo, Dubai, and Singapore, making exports and imports more efficient. A Game Changer for Logistics Singapore’s rise as a global trade hub was driven by its transshipment industry. Vizhinjam isfollowing the same path. To strengthen its position, India needs world-class port infrastructure. With Adani…

Abhishek Sharma, born on September 4, 2000, in Amritsar, Punjab, is an Indian cricketer who gained early recognition after his outstanding century on his Under-19 debut in the Vinoo Mankad Trophy. He also played a significant role in India’s victory at the U-19 Asia Cup in 2016. In the 2025 Indian Premier League (IPL), Sharma was retained by Sunrisers Hyderabad (SRH) for Rs 14 crore, highlighting his growing prominence in the cricketing world. His estimated net worth is approximately Rs 12 crore, or around $1.5 million, primarily accumulated through his IPL contracts and domestic cricket performances. Sharma comes from a…

The Paris Olympics 2024 marked a turning point for both Arshad Nadeem and Neeraj Chopra, two giants in the world of javelin throwing. Their financial trajectories have seen a dramatic rise, especially after their Olympic successes. Arshad Nadeem’s Rise to Riches Before the Paris Olympics 2024, Arshad Nadeem’s net worth stood at a modest Rs 80 lakh. Hailing from a small village in Khanewal, Pakistan, Nadeem’s journey to Olympic glory was funded by his community, who supported him in purchasing his javelin and covering his training expenses. At that time, he was also known for driving a battered Suzuki car,…

The two-day Invest Kerala Global Summit (IKGS 2025) concluded with Kerala receiving investment proposals worth ₹1,52,905.67 crore from 374 companies. Industries Minister P. Rajeeve announced that companies have shown interest in establishing, expanding, and diversifying their businesses in the state. IT and Infrastructure GrowthA total of 24 IT firms expressed plans to expand, adding ₹8,500 crore in investments and creating 60,000 jobs. Additionally, 66 companies submitted proposals exceeding ₹500 crore.Fast-Track ImplementationThe government is setting up a fast-track mechanism to follow up on investment commitments. A special dashboard, nodal officers, and a Chief Secretary-led committee will ensure periodic reviews, with the…

Union Commerce and Industry Minister Piyush Goyal has emphasized the need for collaboration between the central and state governments to attract more investments to Kerala. Speaking at the Invest Kerala Global Investors Summit in Kochi, he highlighted the state’s rapid progress in the tourism and construction sectors. He also assured Kerala of the central government’s full support in its industrial and economic development. India’s Growth Journey and State Cooperation Piyush Goyal reiterated that India is on its way to becoming a global power, and the cooperation of every state is crucial for this progress. He stressed that coordinated efforts at…