Affordable models will come under its other brands like Sonata and Fastrack
The company, which was hit by weak consumer demand for watches, is planning a multi-pronged approach to push growth
Titan derives 75-80% of its revenue from branded jewellery & the rest from watches, eyewear, others
Diamond jewellery could offset weakness in gold, and drive gross margin expansion
In the last quarter, the overall revenue from the watch business for Titan grew by 14%
By raising the pitch for its perfume label, Skinn, the company looks to expand its portfolio and reach within the urban demographic
The company had an exceptional item of Rs 96.88 crore on account of voluntary retirement scheme offered to its employees
Carat Lane has revenues of Rs 141 cr during the financial year ended March 31, 2016
Desai, 80, was ailing from acute gastro enteritis, a Tata Group spokesperson said
With its Caratlane acquisition, the company looks to leverage the trust of its flagship brand Tanishq to break into the growing online jewellery market
Interview with Managing director, Titan Co
Firm buys majority stake in Tiger Global-funded online jewellery mart, Carat Lane, for undisclosed sum
The company has seen sales of its watches and jewellery sagging lately
Shares of Titan Company Ltd closed 1.21% down at Rs 340 BSE