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Titan shares rally over 6% after strong Q4 update; jewellery and watches drive 25% growth, store count crosses 3,300Titan Company's shares surged 6.6% following a robust 25% YoY growth in Q4 FY25, driven by strong performance across its jewellery, watches...- Nazara Technologies shares slip over 1% after Q3 profit falls 53% YoY, but revenue surges 67%Nazara Technologies shares dropped 1.5% after reporting a 53% YoY decline in Q3FY25 net profit to Rs 13.6 crore, despite a 67% rise in reve...
- Nazara Tech shares in focus after raising Rs 855 crore via preferential issue to fuel expansionNazara Technologies' shares are in focus after raising Rs 855 crore ($100 million) through a preferential issue of 8.9 million equity share...
- Nazara completes Rs 855 crore fundraise led by SBI Mutual FundNazara Technologies secured $100 million in funding, led by SBI Mutual Fund, to fuel acquisitions and expansion. This capital injection wil...
- Chakri Lokapriya on 2 safe areas to invest in this marketChakri Lokapriya, Managing Partner at RSB LLP, suggests that the current market downturn presents a buying opportunity in sectors like IT a...
- Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute SportsNazara Technologies announced a Rs 900 crore fundraising through preferential equity. The funds will be used for acquisitions, business exp...
- Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%This is Mumbai-based Nazara's largest fundraise so far. Investors in the round included SBI Mutual Fund, CaratLane founder Mithun Sacheti, ...
- Binny Bansal, CaratLane’s Sacheti back Xeed Ventures; decoding fintech’s AMC bizXeed Ventures, an early-stage fund run by Sailesh Tulshan, which was formerly known as 021 Capital, has also roped in Premji Invest as an L...
- Battery tech startup Lohum raises $14 million in fundingMumbai-based Singularity Growth, which counts CaratLane founder Mithun Sacheti among its backers, put in Rs 55 crore in this round of fundi...
- Stocks in news: Vodafone Idea, Titan, IndoStar Capital, Juniper Hotels, ICICI LombardMultiple companies are in focus due to news developments. IndoStar Capital Finance raises funds. CMS Info Systems promoter sells stake. Sal...
- CaratLane to turn wholly-owned arm of Titan with purchase of 0.4% stakeAs of date, CaratLane is a subsidiary of Titan wherein it holds a 99.64% stake. The completion of the aforesaid share purchase would result...
- Inside Juspay’s new biz plans; revised incentive scheme for chip ancillaries soonFintech startup Juspay is building a full-stack payment gateway that can offer card, wallet and UPI-based transactions. This and more in to...
- Mithun Sacheti joins Singularity Growth; Agilitas raises Rs 100 crore from NexusMithun Sacheti, who scored a Rs 4,621-crore exit from omnichannel jewellery retailer CaratLane to Titan in August, has joined Singularity G...
- Aditya L1: young scientists, women trailblazers behind India’s solar missionAs India's first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, what’s not much known is that it was a g...
- CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
- Titan to buy CaratLane employees’ ESOPs for around Rs 350 croreThe company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in Cara...
- CaratLane’s Mithun Sacheti on glittering Titan deal; Zerodha expects steady revenue in FY24; and FirstCry closes secondary dealHappy Monday! Mithun Sacheti hit it big on Saturday when he sold his 27% stake in online jewellery marketplace CaratLane to Titan. The Rs 4...
- Jewellery brand Tanishq helps Titan to bounce back from Covid induced slowdownThe company, which records about 90% of its sales at bricks-and-mortar stores, saw a leapfrog of one-two years in the rate of ecommerce ado...
- Jewellery business should grow at least 23% this year: Bhaskar Bhat, TitanOnline feeds the brick and mortar stores and again we are seeing a growth, says Titan MD.
- Shop online for jewellery with hefty discountsYou can now buy cheaper jewellery through the Internet, with sellers claiming discounts of up to 30%. However, make sure you shop without b...
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