Searched for
CARATLANE STAKE
CCI approves Titan’s Rs 4,621 crore stake purchase in CaratLaneIn August, Titan had announced that it was buying the stake from CaratLane founder Mithun Sacheti and his family for Rs 4,621 crore in cash.21 Nov, 2023, 08.19 PM IST- Tata-owned omnichannel jewellery retailer CaratLane appoints Avnish Anand as chief executiveAnand was previously chief operating officer of the Tata Group-owned CaratLane and has been at the firm for more than 8 years.25 Aug, 2023, 09.10 PM IST
- CaratLane contests ED notice on alleged FEMA violationThe ED accused CaratLane of violating the Foreign Exchange Management Act (FEMA). The notice served on March 28, 2022, stated that FDI was ...23 Aug, 2023, 02.35 PM IST
- 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...23 Aug, 2023, 08.18 AM IST
- Dunzo’s funding plans hit a roadblock; software firms seek changes to local value addition normsTroubled quick commerce company Dunzo, in desperate need of cash, is in talks for a funding deal with its investors. But with that comes a ...22 Aug, 2023, 08.18 AM IST
- Mithun Sacheti's Rakesh Jhunjhunwala connection and his journey from Jaipur Gems to CaratLaneWhile shedding light on his initial foray into the e-commerce business, Sacheti said that he didn’t realise the kind of money it would take...21 Aug, 2023, 07.16 PM IST
- 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...21 Aug, 2023, 06.38 PM IST
- Titan CFO explains the rationale behind raising CaratLane stake"While we will be able to conclude this transaction and all the regulatory approvals are expected to be in place in the next two months, we...21 Aug, 2023, 01.05 PM IST
- ETtech Interview | Loss-making businesses in the eyes of strategics don't get great value: CaratLane’s Mithun SachetiWatchmaker Titan ascribed a valuation of Rs 17,000 crore to the omnichannel retailer, an over 30-fold jump from when it first invested in t...21 Aug, 2023, 12.21 PM IST
- No major downside for Titan expected due to CaratLane acquisition: Amnish AggarwalTitan already had 71% stake in CaratLane. So, technically, CaratLane was a subsidiary of Titan. Now, as was expected, Titan gradually had i...21 Aug, 2023, 10.28 AM IST
- Titan picks up 27% more in CaratLane for Rs 4,621 croreThe latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce...19 Aug, 2023, 10.50 PM IST
- Titan plan to buy out CaratLane hits valuation hurdleCaratLane had been in a strategic vendor relationship with Tanishq, Titan’s jewellery brand, since 2010. Between 2016 and 2019, Titan bough...06 Jun, 2023, 06.21 AM IST
- 90% jump in a year: Look where Jhunjhunwala made money in FY18The stock had jumped 93 per cent to Rs 938.80 during the past one year till April 6.09 Apr, 2018, 01.23 PM IST
- CaratLane stops selling on Amazon, Flipkart citing poor jewellery sales on the platformsCaratlane saw Titan pick up a majority stake in 2016 for Rs 357 crore.08 Feb, 2018, 10.53 AM IST
- Titan to acquire majority stake in online jewellery retailer CaratlaneTitan said in a filing that the exact stake and price to be paid for the stake is still under discussion, with a transaction expected to cl...23 May, 2016, 04.34 PM IST
- Titan to conclude Caratlane acquisition in a monthTitan Company today said the all-cash acquisition of online jewellery portal Caratlane would be concluded within a month's time.11 May, 2016, 06.26 PM IST
- Titan in talks to buy 15% stake in CaratLane for Rs 187 croreThe deal, likely to be signed in a few weeks, will peg Carat-Lane’s valuation at about Rs 1,200 crore.13 Feb, 2015, 04.19 AM IST
Load More
