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EYEWEAR MAKER
EssilorLuxottica to start smart glasses production in Italy by early 2027EssilorLuxottica will begin manufacturing smart eyewear in Italy by early 2027. This move is part of a strategic initiative to position Ita...- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata MotorsIndian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced i...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd BankMarkets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downsid...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- Softbank-backed Lenskart said to near filing for $1 billion IPOLenskart, India’s largest eyewear brand backed by SoftBank, is set to file for a $1 billion IPO, aiming for a $10 billion valuation. Recent...
- Meta teases smart glasses collaboration with Oakley; launch set for June 20Meta is expanding its smart glasses lineup through a new collaboration with Oakley, teasing a launch on June 20. Building on its Ray-Ban pa...
- Lenskart signs MoU to set up new manufacturing plant in Telangana; will invest Rs 1,500 croreLenskart founder and chief executive Peyush Bansal had said in an interview earlier that the company would invest $200 million in its new m...
- Ray-Ban maker accused in lawsuit of inflating prices 1,000%Paris-based EssilorLuxottica SA, the world’s largest eyewear company, is the “instigator and primary enforcer” of the price-fixing scheme i...
- Titan posts 21% jumps in net profit to Rs 358 croreIts jewellery business saw sales decline 5.8% to Rs 3,754 crore.
- Digital screen overuse during lockdown boosts demand for protective clear glasses, say leading eyewear retailersBlue filter glasses, which protect the eyes from digital screen overuse, now accounts for more than half their sales, compared to about one...
- Titan’s festive quarter sales hit by protests in various parts of the country“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests i...
- Google Glass project to be overseen by ex-Apple executiveThe company said it’s working on a new Glass product and will continue to invest in a business-focused program for the eyewear.
- Titan may buy spectacles frames from Vietnam“In the coming 12 months, the company is exploring various options from exploring low cost countries like Vietnam,” said S Ravi Kant, CEO.
- Titan Industries to enter new verticalsTitan Industries, maker of watches and fashion accessories, said it plans to enter new verticals every other year.
- Titan Industries set to explore new verticalsTitan Industries is planning to enter into silver watches by the next year even as it is transitioning itself into a lifestyle retail compa...
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