Sunday, Nov 17 2019 | Time 15:37 Hrs(IST)
image
  • This session of Parliament is special as it marks 250th session of Rajya Sabha: PM
  • All-party meeting ahead of winter session of Parliament concludes
  • Two killed as Church reduced to ashes in Meghalaya
  • Modi greets Gotabaya Rajapaksa for winning Sri Lanka presidential election
  • Life limping back to normal as more shops reopen in Kashmir
  • One-way traffic resumes on Srinagar-Jammu highway
  • Gotabaya Rajapaksa wins Sri Lanka presidential poll
  • Pakistan violates ceasefire on LoC in Poonch
  • Hindu families offer land for Mosque in Ayodhya
  • Saryu Rai declares to contest against CM Raghubar Das
  • At Least 23 People Killed in protests since start of Bolivia political crisis : OAS
  • US Consulate in Mexico introduces curfew following spike in violence
  • KMC commissioner disqualifies former deputy mayor from elected membership
  • Minister inspects Ijtema site
  • Russian national football team loses to Belgium 1-4 in UEFA Euro 2020 qualifying match
Business Economy


Muthoot Exim launches Kerala’s first Muthoot Gold point centre in Kochi

Muthoot Exim launches Kerala’s first  Muthoot Gold point centre in Kochi

Kochi, Feb 8 (UNI) Muthoot Exim Pvt. Ltd, the precious metals division of the 131-year–old business conglomerate Muthoot Pappachan Group, has launched its 12th and Kerala’s first gold recycling centre - Muthoot Gold Point here on Thursday.



Muthoot Exim Pvt Ltd was the first company to launch gold recycling centre in the organised sector. With its first point centre launched in Coimbatore in 2015, it has gradually expanded to Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Ludhiana, Madurai, Mumbai, Vijayawada and Behrampur. These retail outlet chains by Muthoot Exim Pvt Ltd. are for gold aggregations and recycling, a release said here on Thursday.



Muthoot Gold Points(MGP) buy scrap, old and used gold items directly from the customers and consequently reprocess, refine and supply refined bars for domestic consumption that reduces gold imports. In addition to the 11 Muthoot Gold Point centres, the company has also launched 'Mobile Muthoot Gold Point' in Mumbai. This is India’s first mobile van that can collect gold from customer’s doorstep, it said.



In his remarks Muthoot Pappachan group Chairman and MD Thomas John Muthoot said, “Muthoot Pappachan Group is pleased to unveil the first Muthoot Gold Point inKerala at Kochi and the 12th centre across India. With Kerala having one of the largest consumption of gold per capita, the launch of the Gold Point Centre aims to incentivise people to recycle their old gold and reusing the same. This in turn will curb the import of gold and help the government control its current account deficit.

The company and the Group is synced with the Government’s agenda of using the unused domestic gold and making it productive and useful for consumption. The company in line with the Group’s three key pillar’s of Trust, Transparency and Accountability, aims to revolutionise the retail gold segment, he added.

UNI XR AKC SHK 1925

More News
Anil Ambani steps down as director of RCom

Anil Ambani steps down as director of RCom

16 Nov 2019 | 6:43 PM

Mumbai, Nov 16 (UNI) Anil Ambani has resigned as director of debt-strapped Reliance Communications, the company said in a filing to the Bombay Stock Exchange on Saturday.

see more..

Bullion Market Closing Rates

16 Nov 2019 | 3:08 PM

Chennai, Nov 16 (UNI) Following is the bullion markets
closing rate here today.

see more..

Kozhikode Coir Market

16 Nov 2019 | 1:19 PM

Kozhikode, Nov 16 (UNI) Following were the rates in the
Kozhikode Coir Market today per quintal.

see more..

Kozhikode Oil Market

16 Nov 2019 | 1:18 PM

Kozhikode, Nov 16 (UNI) Following were the rates in the
Kozhikode Oil Market today per quintal.

see more..

Kozhikode Spices market

16 Nov 2019 | 1:16 PM

Kozhikode, Nov 16 (UNI) Following were the rates in the
Kozhikode Spices market today per quintal.

see more..
image