Panchkula is a well-planned city located in the Indian state of Haryana. It lies adjacent to the union territory of Chandigarh and Mohali. Panchkula is a part of Greater Chandigarh which is also called the Chandigarh capital region. The Chandigarh-Mohali-Panchkula metropolitan area together forms a Chandigarh Tricity, which has a combined population of over 2 million. Panchkula alone has an approximate population of more than 5.5 lakh people. Panchkula hosts the Chandimandir Cantonment, the headquarters of the Indian Armys Western Command. The word "Panchkula" is derived from the words panch which means five in Sanskrit and kula which is the Sanskrit word for canals. Therefore the name of the city possibly refers to the five irrigation canals which distribute water to several parts of the city from the Ghaggar-Hakra River. The IT Park at Panchkula is a state of art infrastructure that aims to facilitate information technology in the city. The IT Park is spread over a vast expanse of 74 acres of land and is situates on the foothills of Shivalik Hills. It provides employment opportunities to the residents as well as migrants from other parts of the country. Tourism is another great source of economic growth. The places in and around Panchkula that are worth visiting are Pinjore Gardens, National Cactus and Succulent Botanical Garden and Research Centre, Kaushalya Dam, Khol Hi-Raitan Wildlife Sanctuary, Bir Shikargah Wildlife Sanctuary, and several temples.
Muthoot Finance Ltd. is known as one the large gold financing company in the world. The company also offers other services a part from gold financing such as , money transfers, wealth management services,foreign exchange , travel and tourism and selling of gold coins at branches of Muthoot Finance Ltd. The headquarters of the company is located in Kerala, India, and it operates over 4,400 branches across India. Overseas, It has established its office in the UK, the US, and the UAE. The stocks of the company are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange, while the company comes under the brand umbrella of the Muthoot Group. The target market of Muthoot Finance consists of small businesses, SME business owners, vendors, farmers, traders, and salaried individuals. In 1939, M George Muthoot founded Muthoot Finance. The Reserve Bank of India has licensed Moothot Finance company under Companies act of 1956 to operate as NBFC without taking public deposits, and it is liberated from Money Lenders Acts provisions in Karnataka and other states. The gold loan business of the company constitutes more than 99% of its total revenue.