Muthoot forays into retail jewellery

Mumbai: Gold-loan provider, Muthoot Fincorp, the flagship brand of diversified Muthoot Pappachan Group, is to nearly double its Micro Finance Lending (MFI) business to Rs 600 crore this fiscal from Rs 330 crore in FY2012-13. The Kochi-based company ...

Muthoot Capital Services Ltd, an NBFC of the Muthoot Pappachan group, has registered a 40 per cent jump in net profit at Rs 21.76 crore in the fiscal ending March 31, 2013. The companys net profi...

Muthoot Exim, a newly formed vertical of Muthoot Pappachan Group, today launched 'Swarnavarsham' jewellery, enabling customers to purchase hallmarked 2-8 gm gold jewellery in tamper proof packaging, a first such in India, a company official said. "The scheme ...

The cricket fraternity in the city, which has produced the only two Kerala cricketers to have played for India, are yet to get over the shock of S Sreesanth's name being caught up in the Indian Premier League spot-fixing scandal. Maintaining that ...

KOCHI: To Shanthakumaran Sreesanth's friends, the fast bowler's career has been one of ups and downs but they believe he has never deviated from the path of gentlemanliness. After his arrest by the Delhi police on the accusations of match-fixing, ...

(Mint - McClatchy-Tribune Information Services via COMTEX News Network) -- A few small old private banks are witnessing a flurry of activity in their ownership structure even as the Reserve Bank of India (RBI) is readying to permit a new set of ...

Thiruvananthapuram: Business success in today's competitive global scenario could be achieved only through consistency, focus, innovation and enthusiasm, legendary cricketer Kapil Dev said on Saturday. Addressing the national leadership team and ...

Kerala-based private sector lender Dhanlaxmi Bank Ltd has sought the Reserve Bank of India's (RBI's) approval to raise about Rs.100 crore by issuing fresh shares through preferential route to multiple investors, according to an official at the bank.

The logo of Miss Malayali Worldwide, 2013, a global level personality contest conducted by World Malayali Council, was launched at Gokulam Park on Friday. The contest is a gala event, held to rate the personality, appearance, intelligence and ...