Chemmanur Jewellers launches NBFC, diversifies into gold loan

Kochi: Chemmanur International Jewellers, one of the leading jewelleries in Kerala and the Middle East, has launched a Non Banking Financial Services Company (NBFC) named Chemmanur Credits and Investments Ltd. with its headquarters at Thrissur. This marks the entry of Chemmanur into the gold loan business. The company inaugurated 12 fully operational branches, out of the planned 200 in Kerala, on August 23, 2011.

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Videocon to invest Rs.200 crore in Kerala, to set up manufacturing unit

Tvm: Videocon Group, the leading consumer electronics brand with diversified business interests in white and brown goods, will invest Rs.200 crores in Kerala to set up a state-of-the-art Electronic manufacturing unit. This was announced by Rajkumar Dhoot, MD of Videocon Industries at a function in Thiruvananthapuram to celebrate the completion of 25 years of its operations in Kerala.

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