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Titan increases stake in CaratLane with Rs 99.99 cr investment

Tata group firm Titan has increased stake in its jewellery subsidiary CaratLane to 69.47 percent with an investment of Rs 99.99 crore.According to a PTI report: "In response to offer of shares made by Carat Lane Trading Private Limited,...

Titan ties up with American watchmaker FTS

Titan Company Tuesday said it has entered into an alliance with FTS USA LLC to assist in setting up an assembly unit of the American watchmaker.As part of the partnership, Titan will further extend its support to FTS by...

Titan bets big on its youngest design-led lifestyle brand, Taneira

Taneira, the youngest brand from Titan, marked its national launch recently with the inauguration of its flagship store in South Extension-1, New Delhi.Speaking at the launch, Bhaskar Bhat, Managing Director, Titan Company Limited said, “As a company, we believe...

Titan Q2 net rises 8 pc to Rs 301.11 cr

Titan Company Ltd has reported an 8.34 percent rise in consolidated net profit at Rs 301.11 crore for the quarter ended September 30, 2018, dragged by provisions made for its corporate deposits in the IL&FS group. The company had...

Titan net zooms 70 pc quarterly, 58 pc yearly

Tata group's watch and jewellery major Titan on Thursday reported a record quarterly and yearly consolidated net profit for fiscal 2017-18."Net profit for the fourth quarter zoomed 70 per cent year-on-year (YoY) to Rs 304 crore from Rs 179...

GST impacts Titan's jewellery division

Tata group firm Titan has said its July sales were impacted by the GST rollout as the company is likely to have taken a hit of Rs 250-300 crore during the current quarter. According to a PTI report: "This year...

Brands keep festive spirit high on Durga Puja with 'localised approach'

From giving fans a chance to experience an aerial view of Durga Puja, launching an app to locate nearby pandals and helping consumers with maps and major attractions in the city, many brands are making sure that the festive...

Titan to enter US market on Amazon.com

Leading watch and jewellery maker Titan would foray into the US market on the e-tailer Amazon.com, said its Chief Executive S. Ravikant on Tuesday. "Our entry into the US as part of the Amazon global selling programme allows us direct...

Titan Company Ltd registers a revenue growth of 42 pc in Q1

The first quarter of FY 2017-18 was an extremely good quarter for Titan Company Limited. The company registered a growth of 42 per cent in revenue and a 110 per cent growth in PBT. The sales income grew from...

28 pc GST on watches could increase risk of smuggling: Titan

The incidence of 28 per cent tax on watches under the GST regime is one of the highest in the world that could increase the risk of smuggling, Tata group firm Titan has said in a quarterly update. "At 28...
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Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report

On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr Bengaluru: Parle Products...
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