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Titan Industries 4Q Sales +15%, Profit +28%
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Titan Industries, owners of the Tanishq jewelry brand in India, reported that sales rose 15 percent year on year to $481.9 million (INR 25.93 billion) in the fourth quarter that ended on March 31, 2013. Net profit...
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Retail
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May 05, 2013
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Deena Taylor
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Titan's 3Q Sales +23%, Profit +24%
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India's Titan Industries, which owns the Tanishq brand, reported that sales rose 23 percent year on year to $556 million (INR 29.83 billion) in the third fiscal quarter that ended on December 31, driven by growth...
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Retail
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Jan 30, 2013
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Dilipp S Nag
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Titan's Shares Rally Following Release of 2Q Results
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Shares of Titan Industries Ltd., which owns the Tanishq brand, rose as much as 11 percent to a 52-week high of INR 286.90 per share today on the Bombay Stock Exchange (BSE). The rally came after the company...
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Retail
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Nov 01, 2012
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Dilipp S Nag
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Titan's 2Q Sales +10%, Profit +21%
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Titan Industries, which owns the Tanishq brand, reported that net sales rose 10 percent year on year to $416.8 million (INR 22.58 billion) in the second fiscal quarter that ended on September 30, with growth...
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Retail
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Oct 31, 2012
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Dilipp S Nag
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Titan Appoints Vikram Kapur as Chairman
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Titan Industries Ltd. has appointed Vikram Kapur, principal secretary of Tamil Nadu state’s industries department, as its chairman and a director on the board of the company. He succeeded N. Sundaradevan.Titan, a lifestyle and jewelry company owned by Tata...
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Retail
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Oct 26, 2012
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Dilipp S Nag
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Titan Industries Sales, Profits +9% in 1Q
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Titan Industries, which owns the Tanishq brand, said that sales fell below expectations in its first fiscal quarter that ended on June 30, as India’s weak economic environment weighed on the retail industry....
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Retail
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Jul 31, 2012
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Dilipp S Nag
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Tanishq Promotes Special Diamond Jewelry Sale
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Tanishq announced a special sale at its stores across India in an effort to excite consumers into shopping for diamond jewelry. Between July 29 and August 26, shoppers will find discounts of up to 20 percent on all Tanishq diamond jewelry...
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Marketing
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Jul 27, 2012
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Jeff Miller
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Titan Industries Sales +28%, Profits Soar in 4Q
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Titan Industries reported that net sales grew 28 percent year on year to $433 million (INR 22.82 billion) during the fourth-quarter that ended on March 31, 2012. The Mumbai-based company noted that net profit...
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Retail
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Apr 30, 2012
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Avi Krawitz
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Analysts Review TBZ's IPO
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The initial public offering (IPO) of jewelry retailer Tribhovandas Bhimji Zaveri Ltd. (TBZ) opened for subscription on Tuesday. TBZ aims to raise around $39 million (INR 2 billion) through its IPO of 16.7 million equity...
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Retail
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Apr 25, 2012
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Dilipp S Nag
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Titan Set to Capitalize on India's Branded Jewelry Growth
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Growth in demand for branded jewelry in India is set to continue with Titan Industries well positioned to capitalize on that trend, according to HSBC Global Research. The report stated that Titan has the distribution and scale...
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Retail
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Apr 23, 2012
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Dilipp S Nag
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Titan's 3Q Sales +25%, Profit +19%
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Titan Industries Ltd. reported that net sales rose 25 percent year on year to $493.3 million (INR 24.40 billion) during its third fiscal-quarter that ended on December 31, 2011. Net profits grew 19 percent to $33.1...
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Retail
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Jan 31, 2012
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Dilipp S Nag
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Tanishq Opens New Showroom in Kolkata
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Titan Industries' jewelry brand Tanishq opened a new showroom at Gariahat in Kolkata, India. The new space features 11,000-square-feet to display Tanishq diamond jewelry and share the brand's wide range of traditional and contemporary pieces...
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Retail
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Dec 16, 2011
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Jeff Miller
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Titan's 2Q Sales +37%, Profit +16% to $30M
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Titan Industries Ltd. reported net sales rose 37 percent year on year to $420.6 million (INR 20.96 billion) during its second fiscal-quarter that ended on September 30, 2011. Net profit grew 16 percent to $29.7 million...
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Retail
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Oct 24, 2011
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Dilipp S Nag
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Titan Aims for Annual Sales of $3B
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Titan Industries Ltd., a lifestyle and jewelry company owned by Tata Group, expects to achieve annual turnover of $3 billion by fiscal year 2014-2015 as it looks to expand. ''Plans are for aggressive growth in our existing business. We are exploring...
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Retail
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Sep 20, 2011
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Dilipp S Nag
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Tanishq Announces a Promotion for August
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Diamond jewelry brand Tanishq announced a sales promotion that will run at its stores in India for one month. Discounts will offer customers up to 20 percent off on diamonds beginning on July 31 and ending August 31. Sandeep...
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Marketing
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Jul 29, 2011
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Jeff Miller
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Titan's 1Q Sales +63%, Profit +76% to $32M
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Titan Industries Ltd. reported sales rose 62.5 percent year on year to $463.65 million (INR 20.48 billion), during its first-fiscal-quarter of 2012 that ended on June 30, 2011. This quarter's revenue also marked the...
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Financial-Legal
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Jul 28, 2011
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Dilipp Nag
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Tanishq Launches New Promotion
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Tanishq created the "Gold Exchange Offer," a trade-in promotion aimed at attracting shoppers. Sandeep Kulhalli, the company's vice president, explained that the offer allows customers to exchange old jewelry and coins for a brand...
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Retail
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Jun 20, 2011
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Ricci Dipshan
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Titan Industries Sales +40% in FY 2011
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Titan Industries, which operates India’s largest jewelry brand, Tanishq, reported that group sales grew 40 percent year on year to $1.48 billion (INR 65.85 billion) in the fiscal year that ended on March 31, 2011....
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Retail
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May 02, 2011
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Avi Krawitz
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Tanishq Launches Akshaya Tritiya Promotion
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Retail jeweler Tanishq announced a discount on certain items just in time for the Akshaya Tritiya celebration in India. Tanishq is offering up to 15 percent off on diamond jewelry and up to 25 percent off gold jewelry through May 8, 2011. Since...
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Marketing
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Apr 29, 2011
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Jeff Miller
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Tanishq's Diamond Campaign Educates Consumers on the 4Cs
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The Tanishq jewelry brand in India along with legendary actors Amitabh and Jaya Bachchan have created a forthcoming diamond campaign that advocates consumer awareness at the point of sale. The campaign is scheduled to air shortly....
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Marketing
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Apr 12, 2011
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Jeff Miller
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