National News
Curtain Raiser of MDJ “Couple No 1” Season 4 with a Grand Prize Trip to Bali
The event aims to honor enduring love and the joy of partnership, extending an invitation to couples to showcase their unique and captivating couple photos.
Mahabir Danwar Jewellers is excited to announce the launch of their highly anticipated event, “Couple No 1 (Season 4),” designed to celebrate and rekindle the romance of married couples.
The Curtain Raiser for this event, was held today at Mahabir Danwar Jewellers, Park Street outlet in Kolkata, was graced by a distinguished panel including Richa Sharma, Actress; Amrita Chattopadhyay, Actress; Naina More, Celebrity Motivational Speaker; Renu Soni, Jewellery Designer of Mahabir Danwar Jewellers and was also attended by: Mr. Arvind Soni, Director, Mahabir Danwar Jewellers; Mr. Sandeep Soni, Director, Mahabir Danwar Jewellers & Mr. Amit Soni, Director, Mahabir Danwar Jewellers.
Speaking to the media, Vijay Soni, Director of Mahabir Danwar Jewellers, said, “Couple No 1’ has always been about celebrating the bond of love and companionship, and with Season 4, we’re thrilled to take it a notch higher. This platform is more than a contest – it’s a celebration of enduring relationships, shared dreams, and beautiful journeys. The overwhelming response and participation over the years have inspired us to keep innovating and expanding the scope of the event. With a dream trip to Bali as the grand prize, we’re excited to make this season truly unforgettable.”
On this Occasion, Richa Sharma, Actress, said, “It’s truly heartwarming to see an initiative like ‘Couple No 1’ by Mahabir Danwar Jewellers that celebrates love, togetherness, and the essence of marriage in such a unique way. I’m delighted to be part of this beautiful journey that brings couples closer and lets them relive their romance.”
On this Occasion, Amrita Chattopadhyay, Actress, said, “Couple No 1’ is a beautiful celebration of timeless love and personal expression. Mahabir Danwar Jewellers has created a platform that not only honors relationships but also adds sparkle to them – both literally and emotionally.”
Speaking to the media, Naina More, Celebrity Motivational Speaker, said, “In a world where we often forget to pause and appreciate our partners, ‘Couple No 1’ by Mahabir Danwar Jewellers is a powerful reminder to celebrate love, respect, and connection. It’s inspiring to see couples stepping forward to share their stories and moments. Initiatives like this help strengthen the foundation of relationships and spread positivity in society.”
The “Couple No 1” contest invites married couples to submit their most captivating couple photos. A meticulous selection process will identify the most deserving couples, who will receive a discount coupon and a chance to visit the MDJ Showroom. The grand prize includes a trip to Bali.
The Grand Finale is scheduled to take place on September 13th at Fairfield by Marriott, Kolkata
Kalyan Jewellers said it will accelerate the rollout of franchise-owned company-operated (FOCO) showrooms to drive expansion in India and overseas. Nearly half its revenue now comes from franchised stores, and most new openings in FY26 will follow the capital-light FOCO model as the company focuses on improving returns and reducing debt.
Thrissur-based jewellery retailer Kalyan Jewellers plans to sharpen its focus on franchise-owned company-operated (FOCO) showrooms as it scales both in India and overseas, according to its Q2FY26 earnings investor presentation. The jeweller said future incremental expansion will be driven largely through capital-light franchise formats, aimed at improving returns and reducing balance sheet leverage.
The company, which has 174 FOCO showrooms in India as of September 30, 2025, has signed letter of intents (LOIs) for 89 new FOCO outlets to be opened in FY26. Its digital-first brand Candere will also expand primarily through the FOCO route, with 54 such showrooms already in place. Internationally, Kalyan said calibrated expansion in the Middle East and entry into the US market will similarly rely on franchise-led stores.
The shift is part of a broader strategy towards capital-efficient growth. The company aims to use 40-50% of profits to repay debt and invest in shareholder returns. Since April 2023, Kalyan has repaid Rs 6,461 crore in working capital loans in India and declared a dividend payout of over 20% for FY25.
The jeweller reported about 31% revenue growth in Q2FY26, supported by 16% same-store sales growth and continued strong new customer additions, which accounted for over 38% of sales. Nearly 49% of quarterly revenue came from franchised showrooms. Margin gains were driven by improved procurement efficiencies and operating leverage.
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