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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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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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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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India’s Jewelry Retailers Poised for Growth
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India’s organized jewelry retail trade is expected to account for 10 percent of the country's total jewelry retail market by 2016, up from the current 4 percent, according to CARE Research, a division of Credit Analysis & Research Ltd. The...
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Retail
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Dec 29, 2011
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Dilipp S Nag
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Titan to Acquire Swiss Watch Brand Favre Leuba
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Titan Industries Ltd., a lifestyle and jewelry company owned by Tata Group, agreed to acquire Swiss watch brand Favre Leuba for up to $2.7 million (EUR 2 million) to expand its product portfolio.Titan said on Wednesday it has signed...
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Retail
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Nov 16, 2011
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Dilipp S Nag
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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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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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