P. 1
Muthoot - Wikipedia, the free encyclopedia

Muthoot - Wikipedia, the free encyclopedia

|Views: 517|Likes:
Published by jignay

More info:

Published by: jignay on Feb 02, 2011
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





Muthoot - Wikipedia, the free encyclopedia


From Wikipedia, the free encyclopedia

The Muthoot Group is an 123-year-old business house based in India.[2] It has interests in Financial Services, Information Technology, Media, Healthcare, Education, Power Generation, Infrastructure, Plantations, Precious Metals and Hospitality. The Muthoot Group operates in 21 states in India, and has a customer base of over 25 million.[3] It is wholly owned and managed by the Muthoot Family.


Private Conglomerate Finance Hotels & Resorts Information technology Broadcast Media Healthcare Education Energy & Power Generation Infrastructure

The Group takes its name from the Muthoot Family based in Kerala. The Company was set up by Muthoot Ninan Mathai in 1887 at Kozhencherry, a small town in the erstwhile Kingdom of Travancore (Kerala). It was then later taken over by his son M George Muthoot who incorporated the Finance division of the group which was till then primarily involved in wholesale of grains. The company is now managed by the third and fourth generation of its family members. The group is headquartered in Kochi, Kerala



1887 by Muthoot Ninan Mathai

Headquarters Cochin, India Key people M G George Muthoot (Chairman) George Alexander Muthoot (MD) George Jacob Muthoot (Whole-Time Director Director) George Thomas Muthoot (Whole-Time Director)) Employees Website 10,000 (2009) [1] muthootgroup.com (http://www.muthootgroup.com/)

1 Finance 2 Information technology 3 Securities 4 Media 5 Healthcare 6 Hotels & hospitality 7 Housing & infrastructure 8 Other divisions 9 Philanthropy 10 Environment research foundation 11 See also 12 References

Muthoot Finance a subsidiary of Muthoot Group was established in 1939, and is primarily involved in the Financial sector of the country. Muthoot Finance falls under the category of Non Banking Financial Company

1 of 4

1/8/2011 8:53 AM

Muthoot Finance according to its company website has "the largest gold loan portfolio in the country".Innovative Banking Automation System Securities Muthoot Securities offers broking services in cash and derivatives segments at the National Stock Exchange and Bombay Stock Exchange. whether project-based outsourcing / assignments. 2009 (“IMaCS Industry Report 2009”) and the 2010 update to the IMaCS IndustryReport 2009 (“IMaCS Industry Report (2010 Update)”)]. or based on time and materials. Money Transfer and Vehicle & Asset Finance. according to the IMaCS Research & Analytics Industry Reports [Gold Loans Market in India.[6] Information technology Emsyne. Muthoot Finance. Foreign Exchange. is the largest Gold Loan NBFC and has the largest network of branches for a Gold Loan NBFC in India.org/wiki/Muthoot (NBFCs) of the RBI guidelines. the information technology wing of the group develops products for the service. Muthoot also provides various financial services such as Insurance distribution.Muthoot .1. Wealth Management. hence valuing the earlier privately held company at over $1 billion.8 is India's first talk radio FM station.57 billion.[10] Kaapi Club is a chain of South Indian coffee outlets managed by Muthoot Hotels. education and healthcare industry. The station would be focusing on knowledge centric and local content and will be targeting the information and entertainment needs of Chennai's intelligent community.[11] Muthoot Hotels is in the process of constructing a 5 star luxury hotel in the city of Kochi and 5 star beach resort in Mararikulam.[7] Media Chennai Live 104.[12] 2 of 4 1/8/2011 8:53 AM .Barings India and Matrix Partners India for Rs.Wikipedia.com[5] Muthoot Finance privately placed 4% of its paid up capital to Private Equity players . It has a network of more than 100 branches. Muthoot Finance was selected as one of the Top 10 Finance companies to work for in India by Naukri. the free encyclopedia http://en.[1].[8] Healthcare The Group operates several Diagnostic & Scan centers throughout Kerala and 2 multi-specialty hospitals in Kozhencherry and Pathanamthitta.[citation needed] Hotels & hospitality Muthoot Hotels operates a 4 star resort in Thekkady (Kerala)[9] and also operates 12 houseboats in the backwaters of Kerala under the brand Muthoot River Escapes.Educational Institutions Management System Finex .[4] ‘Muthoot Gold Power’ is the lifestyle product of Muthoot Finance aimed at mobilizing the Household gold in India which is estimated to be more than 15000 tonnes.wikipedia. Emsyne offers on site and offshore services. The Core Products of Emsyne are Edge . The company has more than 1742 branches spread across 21 states of the country and is the largest gold loan company in India.[2] Muthoot Securities launched its portfolio management services on 20 August 2009.

Muthoot Medical Centers at Kozhencherry and Pathanamthitta are super specialty hospitals set up in the rural areas of Kozhencherry and Pathanamthitta. See also Muthoot Family M George Muthoot M G George Muthoot George Alexander Muthoot References 1.000 employees each in next 4 years. Philanthropy Muthoot M George Charity Foundation Set up in memory of the Late M.Wikipedia. Environment research foundation The Periyar Foundation set up by Muthoot Hotels is based in the town of Thekkady.Jobs-News By Industry-News-The Economic Times" (http://economictimes. 2009-02-17. The Muthoot Group maintains its position as a valued and responsible corporate citizen by enhancing the quality of life in the communities where they do business.cms) . the group has acquired 1000 acres of land in Sawantvadi.indiatimes. near the Periyar National Park has undertaken several projects for the conservation of the national park including 'vasantha sena' [15] and a research study along with the National Institute of Advance Studies for the conservation of 'Nocturnal Flying Squirrels'. The Muthoot M. The group also manages a school in New Delhi[14] and 2 Nursing Colleges in Kerala. They are both organizations established in 1989.org/wiki/Muthoot Housing & infrastructure The projects of Muthoot Builders are primarily situated in central and south Kerala. Community support is a corporate responsibility. In the year 2008 the group re-entered the plantation business. Maharashtra as a pilot planting of rubber. George Charitable Foundation is approached by numerous organizations and individuals requesting financial and medical assistance. Every branch of The Muthoot Group is actively involved in Community Development and Social Welfare.indiatimes. the free encyclopedia http://en.wikipedia. George Muthoot.indiatimes.com /News/News_By_Industry 3 of 4 1/8/2011 8:53 AM . Muthoot has a track record of more than 30 completed projects including commercial and residential spaces. It is very important for a corporate to support the community in which it operates.com. the Foundation has been extending financial aid for its employees as part of the Staff Welfare measures. Economictimes.[13] Other divisions Muthoot has interests in Power Generation through windmill farms in the state of Tamil Nadu.Muthoot . http://economictimes. ^ a b "Muthoot Group to hire 3. The Muthoot Foundation frequently grants medical and financial aid to deserving individuals through its welfare programs.com /News/News_By_Industry /Jobs/Muthoot_Group_to_hire_3000_employees_eac h_in_next_4_years/articleshow/4145706.

Retrieved 2010-03-10.in/. 5.. http://economictimes. 3.com/) ^ "Muthoot Hotels" (http://www.indiatimes.indiatimes.in. moneycontrol.com/2009/08 /21/stories/2009082150871700. http://www. Retrieved 2010-10-27. http://www.thehindubusinessline. additional terms may apply. 2008-05-28.com) . Mumbai. http://www. Muthootbuilders. Retrieved from "http://en. 14. Retrieved 2010-03-10. See Terms of Use for details.com/) . Text is available under the Creative Commons Attribution-ShareAlike License.com/news_html_files /pdffiles/oct2010/muthhoot. details.com.com) .htm.com /2008/05/28/stories/2008052850702100.river-escapes.wikipedia.htm) .com/2008/05 /28/stories/2008052850702100. Cardamomcounty. the free encyclopedia http://en. http://www. 11.8-FM%E2%80 %99&NewsID=14344& NewsCategeory=stations%20launched) ^ "Muthoot Hotels" (http://www.htm. Retrieved 2010-03-10.India's No. George's School" (http://www.thehindubusinessline.cms. 12. Retrieved 2010-03-10. Wikipedia® is a registered trademark of the Wikimedia Foundation.cardamomcounty.com/news/newsby-industry/banking/finance/finance/MuthootFinance-sells-4-raises-Rs-157-cr/articleshow /6234854. ^ [1] (http://www. Naukri.com/articleshow /2847368.htm) .com/) . 4.wikipedia.in/) . a non-profit organization. The Economic Times (Economictimes.com/2009/02 /18/stories/2009021850381700. 10. Retrieved 2010-03-10. ^ "Welcome to Muthoot Builders" (http://www. The Hindu Business Line.radioduniya.indiatimes. Sgs. ^ a b "Muthoot Securities to start broking services from today" (http://www. http://www.cardamomcounty. ^ "All women forest patrolling team in Periyar Tiger Reserve. 2009-08-21. Inc.org/wiki/Muthoot" Categories: Family businesses | Conglomerate companies | Companies based in Kerala | Industries based in Kerala | Economy of Kerala | Financial services companies of India This page was last modified on 5 December 2010 at 05:27.pdf. ^ "Search Jobs in Delhi. 2007-12-16.in/news/news- 9. http://economictimes.India" (http://www.pdf) .naukri.kaapiclub.com/2007/07 /09/stories/2007070951430300.thehindubusinessline. 15.edu. http://www.kaapiclub.com).org/wiki/Muthoot 2. http://www. Bangalore Career . Kaapiclub. Retrieved 2010-03-10.Wikipedia.cms.com/.com.sgs. 4 of 4 1/8/2011 8:53 AM .indiatimes. Retrieved 2010-03-10. The Hindu Business Line.com. 8.muthootbuilders.com/articleshow /2847368.naukri. ^ "St. http://www.thehindubusinessline. 2007-07-09.thehindubusinessline.Women's Day" (http://economictimes.moneycontrol. ^ "Muthoot Leisure plans two 5-star hotels" (http://www.html) ^ "Moneycontrol .thehindubusinessline. /Jobs/Muthoot_Group_to_hire_3000_employees_eac h_in_next_4_years/articleshow/4145706.com/news_html_files /pdffiles/oct2010/muthhoot.com/2009/08 /21/stories/2009082150871700. Retrieved 2010-03-10. http://www.cms.com.com. Retrieved 2010-03-10.edu.com/.1 Financial Portal" (http://www.htm) . ^ "Muthoot Securities portfolio management" (http://www.sgs. 13.thehindubusinessline.Muthoot .cms) .com.com. ^ The Times Of India. 7.htm. The Hindu Business Line.muthootbuilders.com/2007/07 /09/stories/2007070951430300. 6. Retrieved 2010-03-10. ^ [3] (http://www.moneycontrol.edu. ^ [2] (http://www.asp?News=Muthoot-Group-Launches%E2%80%98Chennai-Live-104.

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->