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GCC MARKET FOR WEARABLES
boAt swings back to black in FY25, reports Rs 60 cr PAT ahead of upcoming IPOboAt returns to profitability in FY25 with Rs 60 crore PAT, driven by strong audio and wearables growth, premium segment traction, 100+ new...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 27%At this point of time, both the bulls and bears are pretty much even, though the bias is toward the bulls. The thing that will tilt the bal...
- Titan set to add Rs 2,500 crore Damas facet to portfolioTitan Co is in advanced discussions to acquire a 72% stake in Damas International, a prominent Gulf jewellery retailer, for approximately R...
- Noise outlines international expansion starting with GCC regionThe GCC region is home to one of the world's youngest and most tech-savvy populations, with over 50% under the age of 25. "This strategic m...
- Homegrown wearables maker Noise expands to UAE as part of global expansionNoise, an Indian wearables maker, is expanding into the Middle East market with its premium products like Noise Master Buds, Pro series sma...
- Titan sets its sights on Damas Jewellery; a sparkling second attemptTitan Co is in discussions with Qatar's Mannai Corp to acquire a stake in Damas Jewellery, estimated at ₹4,500 crore. The acquisition would...
- Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimatesTitan reported a 9% YoY growth in standalone net profit at Rs 1,040 crore in Q3. Revenue from operations increased by 20% YoY to Rs 13,052 ...
- Major focus is to expand further in GCC and US market in FY-24: Ashok Sonthalia, TitanSo in FY24 major focus would be to expand further in GCC and US market. Of course, we are evaluating some of the newer markets also, but I ...
- Titan to open 18 international stores of Tanishq in FY24Titan Company plans to open 18 new international stores of its jewellery brand Tanishq in the Gulf region, taking the total number to 25 by...
- Titan Q1 Update: All-round performance drives 20% YoY growth in revenue“Buyer growth was higher than average ticket size growth for this period. Despite significant volatility in gold prices throughout the quar...
- Endefo’s India expansion harps on local manufacturing in line with shift away from ChinaEndefo, an electronics brand owned by the Ashtel Group of Companies, is looking to expand its footprint in India, increase R&D and product ...
- China suffers as wearables brands make in India; Ideaforge IPO fully subscribed on day 1Little by little, India is chipping away at the Great Wall. Last week, research firms raised their 2024 forecast for wearable device shipme...
- Goal is to expand into countries such as the UK, Australia, Canada, Turkey, Bangladesh: Malabar Group chairmanKerala-based Malabar Gold & Diamonds is celebrating its 30th anniversary. In an interview with ET, M P Ahammed, chairman of Malabar Group r...
- Titan says mid-term outlook for jewellery division positive, looking to expand Tanishq stores to global marketsAs Indians inexorably march towards the USD 5000 per capita GDP, their desire for lifestyle products will explode, he said. "Our low market...
- Titan Q4 Results: Profit declines 7% YoY to Rs 491 croreIts jewellery business registered a 4 per cent drop in revenue to Rs 6,132 crore in Q4FY22 compared to Rs 6,397 crore in Q4FY21. However, t...
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