Moneycontrol PRO
HomeNewsTitancompany
Jump to
  • Titan eyeing 20-25% annual growth rate, targeting 10% market share: MD

    They are targeting a 10 percent market share overall, which will require them to grow at 20-25 percent annually every year, said Bhaskar Bhat, MD, Titan.

  • Expect greater level of scrutiny on lending to gems & jewellery sector: Titan

    Expect greater level of scrutiny on lending to gems & jewellery sector: Titan

    The Nirav Modi scam has hit the gems and jewellery segment as bankers have become reluctant to give funds to the sector and all Letter of undertakings (LOUs) have been put on hold.

  • Expect 25% growth in jewellery division: Titan

    Expect 25% growth in jewellery division: Titan

    In an interview with CNBC-TV18, Subbu Subramaniam, CFO of Titan spoke about the results and his outlook for the company.

  • FDI relaxation to boost ease of doing biz & Make in India: Retail Experts

    FDI relaxation to boost ease of doing biz & Make in India: Retail Experts

    The Cabinet on Wednesday allowed 100 percent foreign direct investment (FDI) under the automatic route for single-brand retail. To discuss in detail what would be the positive impact of the above development on ground for the retail companies CNBC-TV18 spoke to Rakesh Biyani, Joint MD, Future Retail, J Suresh, MD and CEO, Arvind Lifestyle Brands and to know the impact on their growth and stock prices, they spoke to Abneesh Roy, Senior VP, Edelweiss Securities.

  • Tata group's focus is on scaling up business to leadership positions: Bhaskar Bhat

    Tata group's focus is on scaling up business to leadership positions: Bhaskar Bhat

    In his first interview after being appointed to the Tata Sons board, Tata group veteran Bhaskar Bhat says that the group's focus will be to increase collaboration between companies and scale up businesses to leadership positions. Speaking exclusively to CNBC-TV18's Priya Sheth, Bhaskar Bhat who is also the MD at Titan Company says that that the company aims to hit USD 5 billion in revenue by 2025.

  • Expecting to grow jewellery business 2.5 times in next five years: Titan

    Expecting to grow jewellery business 2.5 times in next five years: Titan

    Trend towards consumer discretionary spend is increasing. I don’t think gold will be out of fashion for quite some time in India, said S Subramaniam, CFO of Titan.

  • TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study

    TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study

    Ajanta Pharma retains the tag of fastest wealth creator for the third time in a row and Asian Paints is the most consistent wealth creator, said the wealth creation study

  • FY18 revenue target of Rs 15,000 crore is achievable: Titan

    FY18 revenue target of Rs 15,000 crore is achievable: Titan

    In an interview to CNBC-TV18, S Subramaniam, CFO, Titan Company spoke about the results and his outlook for the company.

  • Going into festive season with high expectations: Titan

    Going into festive season with high expectations: Titan

    Titan Company has been on a tear with nearly 100 percent gain so far this year. In an interview to CNBC-TV18, Bhaskar Bhat, MD of the company spoke about the latest happenings and his outlook going ahead.

  • Jewellery business should see growth higher than 20% in FY18: Titan

    Jewellery business should see growth higher than 20% in FY18: Titan

    Titan Company sparkles in Q1 as revenue jumps led by strong jewellery business performance boosted by strong Akshaya Tritiya sales. In an interview to CNBC-TV18, S Subramaniam, CFO of Titan Company spoke about the results and his outlook for the company.

  • Target of 15% topline growth for FY17 achievable; cash transaction down: Titan

    Target of 15% topline growth for FY17 achievable; cash transaction down: Titan

    Jewellery companies are in focus as the government has lowered the cap on cash transactions from Rs 3 lakh to Rs 2 lakh.

  • Barrage of product launches helped weather note ban storm: Titan

    Barrage of product launches helped weather note ban storm: Titan

    Speaking to CNBC-TV18, Bhaskar Bhat, Managing Director of Titan Company, said the sales of watches and jewellery could have been much better had demonetisation not taken place.

  • Sales in last few days back to pre-demonetisation level: Titan

    Sales in last few days back to pre-demonetisation level: Titan

    Sales of both jewellery and watches over the last one week has returned to the levels seen for the same period before demonetisation was announced, says S Subramaniam, CFO, Titan Company.

  • Gold prices may fall, jewellery market will be impacted: Titan

    Gold prices may fall, jewellery market will be impacted: Titan

    There is expected to be a slowdown in the market and a short term disruption due to the ban and the US elections with a Donald Trump win likely.

  • FY17 guidance slightly at risk; Diwali sales gives hope: Titan

    FY17 guidance slightly at risk; Diwali sales gives hope: Titan

    There has been a significant decline in the jewellery industry and it is important to factor that in, says S Subramanian, CFO, Titan. In spite of gold industry‘s slowdown Titan saw a good quarter.

  • Titan ties up with Swiss watch maker Raymond Weil

    Titan ties up with Swiss watch maker Raymond Weil

    The partnership is to expand its luxury brands segment by adding another chain, which will be called Ethos, said S Ravikant, CEO of Titan.

  • Titan guides for 4-6% growth in watches this fiscal

    Titan guides for 4-6% growth in watches this fiscal

    Demand for gold continues to be muted, but clear growth for diamond studded products is visible for Titan, says the company‘s CEO S Subramaniam. Demand is a concern across the industry.

  • Exports, after-sales services hit Q1 numbers: Titan

    Exports, after-sales services hit Q1 numbers: Titan

    While domestic sales for Titan were robust, exports and after sales services impacted the business in quarter gone-by, says S Subramaniam, CFO of the company. Domestic sales for the company grew 11 percent in Q1.

  • Gold's investment appeal is over but Titan is not worried

    Gold's investment appeal is over but Titan is not worried

    After the company posted its fourth quarter earnings, Titan said it is targeting 15 percent plus growth in fiscal year 2017.

  • Expect 15% growth in jewellery segment in FY17: Titan Co

    Expect 15% growth in jewellery segment in FY17: Titan Co

    Recently acquired CaratLane, the leader in online jewellery segment, is expected to drive the company's growth significantly, says S Subramaniam, CFO of Titan Company.

  • Jewellers back in biz, industry keen to recoup losses

    Jewellers back in biz, industry keen to recoup losses

    Although the industry is not happy that the excise duty has not been rolled back, Sanjeev Agarwal, chief of Gitanjali Export Corporation, is relieved that jewellers are back in business.

  • Jewel biz to meet FY17 sales target; ind woes short-lived: Titan

    Jewel biz to meet FY17 sales target; ind woes short-lived: Titan

    Fourth quarter performance will be impacted by industry strike and also by the move to make PAN cards mandatory on all jewellery transactions of Rs 2 lakh and above, says S Subramaniam, CFO of Titan

  • Excise duty a disadvantage for organized jewellery cos: Titan

    Excise duty a disadvantage for organized jewellery cos: Titan

    Speaking to CNBC-TV18, Titan's Bhaskar Bhat said that the 1 percent excise duty levied on jewellery articles will widen the gap between the unorganized industry as the latter does not have to bear this additional duty.

  • Demand for watches weak; sustaining 8% growth tough: Titan

    Demand for watches weak; sustaining 8% growth tough: Titan

    S Subramanian, CFO of Titan says gold jewellery segment is doing well and foresees positive growth from hereon.

  • Montblanc JV capex not high; jewellery growth decent: Titan

    Montblanc JV capex not high; jewellery growth decent: Titan

    S Subramanian, Chief Financial Officer, Titan, says the capex in the joint venture will not be high enough to impact earnings in the short term

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347