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Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala. The company was founded by M. P. Ahammed in 1993. [ 2 ] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
He was also the co-chairman of the Malabar Group, a retailer of gold and diamonds, and the founder and vice-chairman of the Indus Motor Company. [16] He was a director of the Muslim Printing and Publishing Company, the publishers of Chandrika the mouthpiece of the Indian Union Muslim League. [9]
M. P. Ahammed (born 1 November 1957) is an Indian businessman and the chairman of the Malabar Group of Companies. He is also the founder of Malabar Gold and Diamonds, one of the world's largest retail jewellery groups.
Qatar's foreign ministry and the Israeli prime minister's office did not respond to Reuters' request for comment. Witkoff also met families of Israeli hostages, an Israeli official told Reuters.
He is also the company's current chairman. In 2017 he has opened the 15th and world's largest jewellery showroom with 130000 sq feet space of Lalitha Jewellery by spending around 750 crores surpassing Malabar Gold's 110000 sq feet jewellery showroom. Lalitha Jewellery has 50 showrooms across India at present. [6] [12]
In January 2017, the Titan group merged its Gold Plus stores with the larger Tanishq retail brand. [12] In April 2017, Tanishq launched the sub-brand Mirayah to cater to women under their 40s. [13] In December 2017, Tanishq launched the Aveer line, its first line of products for men. [14]
Last year, more than 115 million Americans were projected to drive 50+ miles during the holiday season. Unfortunately, according to the National Safety Council, both Christmas and New Year's Eve ...
It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora . In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹ 700 crore and a second tranche of ₹ 500 crore in 2017.