Page 4 - Titan

Titan's bag division eyes Rs 1,000 cr revenue by FY27, plans expansion

Tata Group firm Titan Company Ltd inaugurated its first exclusive brand store, IRTH, under its expansion plans in Chennai and aims to achieve a revenue target of Rs 1,000 crore by FY2027 from its IRTH and Fastrack bags business divisions, a top official said on Wednesday. The company plans to open 100 stores across the country by FY2027, showcasing its commitment to providing customers with best-in-class products and services. The exclusive IRTH store, part of the House of Titan, was inaugurated at Phoenix Market City, Velachery, marking a significant step in IRTH's strategic expansion into South India. IRTH bags are designed for women, created with a deeper understanding of their needs, offering premium quality at an affordable price. The product portfolio includes handbags, totes, shoulder bags, handhelds, slings, cross-body bags, and wallets, among others. Commenting on the occasion, Titan Company Ltd CEO of the Fragrance and Accessories division, Manish Gupta, said, "We are ..

Q3FY25 updates point to strong growth ahead for jewellery companies

The Watches & Wearables domestic growth was 13 per cent Y-o-Y, with analog watches clocking a robust 19 per cent growth

Titan estimates 24% rise in Q3 revenue on booming jewellery demand

Strong consumer traction during the festive season translated into high single-digit percentage buyer growth in the jewellery segment, said Titan

Titan extends gain post Q3 business update; stock rallies over 8% in 3 days

A robust consumer traction during Diwali translated into high single-digit buyer growth along with double-digit ticket size growth

Titan rallies 6% in 2 days ahead of December quarter business update

Titan share price had underperformed the market and recorded negative returns of 11 per cent in the previous calendar year 2024, the first time it has done so in the past eight years

Titan's Taneira looks to expand market share with focus on metro cities

Taneira will close FY25 with 85 stores and plans to open 15-20 stores every year to take the total count to 125 by FY27

Premiumisation, retail trends to drive Titan's expansion strategy

Company plans six Helios Luxe stores in FY25, grow them to 35 in two stores

Titan's Zoya plans 20 luxury jewellery stores in the next 3 to 4 years

Launched about 15 years ago, much of Zoya's expansion outside Mumbai and Delhi has occurred in the last three to four years. Around Covid-19 in 2020, it forayed into Bengaluru

Stocks to Watch, Dec 2: HUL, Raymond, SBI, Cipla Titan, Adani Group shares

Stocks to Watch, Dec 2: Here is a list of stocks that will be in focus for today's session

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Titan Q2 results: Net profit down 23% at Rs 704 cr, sales up 25.8%

Total expenses of Titan increased 20.23 per cent to Rs 13,709 crore in the June quarter

Dell laptops named TRA's 2024 Most Desired Brand, iPhone & Titan follow

FMCG remains the largest super-category, followed by food & beverage, automobile, and personal accessories

Hit or Miss: How did top Samvat 2080 brokerage recommendations fare

The BSE Sensex has surged 23.26 per cent, while the Nifty50 climbed 25.29 per cent thus far in Samvat 2080

Ratan Tata last rites updates: Last rites performed with full state honours at Worli crematorium

Ratan Tata Death news Updates: Ratan Tata, the colossus of India Inc, who is credited with radically transforming the Tata Group into a global powerhouse, died at the age of 86, the company said

Why did Titan shares tumble 3% despite stellar Q2 business report?

Titan share price dropped despite the company reporting robust business performance for the September quarter (Q2FY25).

Titan implosion hearing paints picture of reckless greed, explorer passion

Witnesses testified that the company that operated an experimental deep-water submersible that imploded, killing five people, put profits over safety and ignored warning signs before the disaster. Several company officials, meanwhile, spoke of the explorer spirit and taking calculated risks to push humankind's boundaries. Those different viewpoints emerged as the Coast Guard panel on Friday wraps up two weeks of testimony on the Titan disaster last year. The panel is tasked with determining why the carbon-fibre submersible was lost 12,500 feet (3,810 metres) deep on the ocean floor near the wreck of the Titanic. Testimony painted contrasting images of greed and hubris as OceanGate sought out well-heeled clients for its submersible made from carbon fibre a material that was untested at such depths versus modern-day explorers who carefully considered risks as they sought to open the deepest depths of the world's oceans to more people. Guillermo Sohnlein, who helped found OceanGate .

NASA, Boeing, Coast Guard representatives to testify about Titan implosion

Representatives for NASA, Boeing Co. and the US Coast Guard are slated to testify in front of investigators on Thursday about the experimental submersible that imploded en route to the wreckage of the Titanic. OceanGate co-founder Stockton Rush was among the five people who died when the submersible imploded in June 2023. The design of the company's Titan submersible has been the source of scrutiny since the disaster. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Some of the testimony has focused on the troubled nature of the company. Thursday's testimony is scheduled to include Justin Jackson of NASA; Mark Negley of Boeing Co.; John Winters of Coast Guard Sector Puget Sound; and Lieutenant Commander Jonathan Duffett of the Coast Guard Office of Commercial Vessel Compliance. Earlier in the hearing, former OceanGate operations director David Lochridge said he frequently clashed with Rush and fel

Titan's SKINN to expand fragrance range; launches affordable product line

The SKINN 24Seven line offers variants including Aqua, Woody, Floral, Caramel, and Amber. Each fragrance is priced at Rs 1,745 and comes in a 100-millilitre bottle

Titan submersible owner's top officials to testify before Coast Guard

One of the top officials with the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic is scheduled to testify in front of the Coast Guard on Tuesday. Amber Bay, OceanGate's former director of administration, is one of the key witnesses Tuesday. OceanGate co-founder Stockton Rush was among the five people who died when the submersible imploded in June 2023. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Some of the testimony has focused on the troubled nature of the company. The co-founder of the company told the Coast Guard panel on Monday that he hoped a silver lining of the disaster is that it will inspire a renewed interest in exploration, including the deepest waters of the world's oceans. Businessman Guillermo Sohnlein, who helped found OceanGate with Rush, ultimately left the company before the Titan disaster. This can't be the end of deep

Mission specialist for Titan sub owner to testify before US Coast Guard

A mission specialist for the company that owned the Titan submersible that imploded in 2023 is scheduled to testify before the US Coast Guard on Thursday. Renata Rojas is the latest person to testify who is connected to Titan owner OceanGate after an investigatory panel has listened to two days of testimony that raised questions about the company's operations before the doomed mission. OceanGate co-founder Stockton Rush was among five people who died when the submersible imploded en route to the site of the Titanic wreck in June 2023. Earlier this month, the Coast Guard opened a public hearing that is part of a high-level investigation into the cause of the implosion. The public hearing began on September 16 and some of the testimony has focused on the troubled nature of the company. During the hearing, former OceanGate operations director David Lochridge said he frequently clashed with Rush and felt the company was committed only to making money. The whole idea behind the company