Live
- Akkineni Nagarjuna's enigmatic look in ‘Kubera’ fuels anticipation
- BWF Thomas Cup provided a host of learning opportunities to HS Prannoy
- AP: 96.67% pensions disbursed in state
- Elderly face tough time at banks to withdraw pensions
- Parties work hard to enlist support of migrated voters
- BJP trio lays focus on TS
- Pawan Kalyan assures to develop vizag as sports capital of AP
- Vaccinations for Haj pilgrims
- Prabir infused funds from China to stoke Delhi riots
- JD(S) MP Prajwal Revanna Faces Rape Charges In Sex Tapes Scandal: Second Case Filed By SIT
Malabar Gold plans Rs1k-cr investment in Maha
To create 4,000 jobs in the State by FY 2024-25
Hyderabad: Malabar Gold & Diamonds, the sixth largest jewellery retailer globally with over 330 outlets across 11 countries, will invest Rs 1,000 crore and generate 4,000 jobs in Maharashtra by FY 2024-25. The announcement came during the launch of Malabar National Hub (M-NH) its centralised base of India operations in Mumbai.
The state-of-the-art facility was inaugurated by Devendra Fadnavis, Deputy Chief Minister of Maharashtra in the presence of MP Ahammed, Chairman, Malabar Group, and others. Spread over 50,000 sq ft, M-NH brings under one roof Malabar Gold & Diamonds’ multiple operations such as retail, procurement and supply chain, e-commerce, digital gold, digital marketing and omnichannel operations. The company has deployed more than 450 employees to run the operations at M-NH.
