Luxury Segment

Upon the conclusion of this issue, the company expects to pay off around Rs 285 crore of debt, leaving approximately Rs 270 crore against a paid-up capital of Rs 500 crore.

Two-wheeler sales, bookings most hit post demonetisation: FADA

The year on year two-wheeler sales for the month of December are down 40 percent in urban areas and 50-60 percent in rural. Bookings for two-wheelers is down about 25-30 percent and that for cars are down 10-15, said John K Paul, President, FADA.

Titan mulls entry into new categories, eyes $3bn by 2014-15

Tata Group firm Titan Industries is mulling entry into new categories such as footwear, writing instruments and fragrances as it looks to tap luxury segment and expects to touch a turnover of USD 3 billion by 2014-15.

Expect to end yr with Rs 5,800cr in rev: S Kumars

S Kumars Nationwide has declared its third quarter consolidated results. Its Q3 revenue was up 11.8% at Rs 1342.8 crore versus Rs 1200.9 crore, YoY. The company's PAT was up 18.2 % at Rs 95.5 crore versus Rs. 80.8 crore, YoY.