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PC Jeweller to raise up to Rs 257 cr from Fidelity for expansion

P C Jeweller recently announced that the company will raise up to Rs 257 crore through issue of preferential shares to US-based investment firm Fidelity for business expansion. In May, the firm had raised Rs 427 crore from DVI Fund...

Titan to acquire 62 per cent stake in Carat Lane

Tata group firm Titan Co Ltd is acquiring 62 per cent stake in online jewellery player Carat Lane for Rs 357.24 crore. According to a PTI report: The company, which in May had announced decision to buy a majority stake...

Tanishq sales up in Q1 on wedding season demand: Titan

Titan Co, which sells jewellery under Tanishq brand, has said it witnessed improvement in sales on account of auspicious dates, like Akshaya Tritiya, and wedding season buying in the first quarter of the fiscal. According to a PTI Report: At...

Titan, Gitanjali Gems, PC Jewellers in world top 100 luxury goods list

Global Powers of Luxury Goods Three Indian brands - Titan, Gitanjali Gem and PC Jewellers - have been featured for the first time in top 100 luxury goods brands globally as per a study by Deloitte. The third annual Global Powers...

Titan to conclude Caratlane acquisition in a month

Titan Company has said the all-cash acquisition of online jewellery portal Caratlane would be concluded within a month's time. According to a report in PTI: "Currently, valuation exercise is on. We hope to conclude the transaction in a month's time....

The role of technology in fashion retail

In every industry, the product may be the star but the customer is always king. The contemporary Indian customer is hard to please. They are technologically advanced, connected over social media, and have varying expectations from fashion brands and...

Titan's Nebula unveils Nazakat collection

Nebula, the brand of luxury watches from Titan, has recently unveiled Nazakat, a once in a lifetime collection of handcrafted timepieces exclusively designed for women. Meticulously handcrafted in Kundan Polkhi and Meenakari designs, these limited edition timepieces incorporate traditional Partaaz...

Titan expects Rs 1,400 crore revenue from new GHS

Titan watches and Tanishq jewellery have said that they are expecting a good revenue from the new gold installment scheme (GHS). It was re-launched two years back in assent with the new Companies Act, targeting about Rs 1,400 crore...

Tata Sons buys Titan shares for Rs 312 cr

Tata Sons, the apex holding company of the Tata Group, has bought Rs 312 crore worth of Titan shares from Tata Global Beverages as part of its strategy to consolidate its interest in operating companies. According to a report in...

Budget 2016: Fashion industry voices consumption concerns

The Union Budget presented by Finance Minister Arun Jaitley in Parliament on February 29, 2016 shows a clear focus-shift towards agriculture, rural and social sectors. Undoubtedly, the agriculture sector was both needy and deserving of the significant attention as...
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Delhivery launches all-women logistics hub at Sikar

This is another step towards the company's objective of promoting greater enrollment and empowerment of women in the logistics...
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