Representative Image BENGALURU – Indian jeweller Tribhovandas Bhimji Zaveri reported a near 65% rise in second-quarter profit on Monday, buoyed by lower expenses and strong diamond demand. The company said its consolidated net profit rose to 90.1 million Indian rupees ($1.08 million) for the quarter ended September 30, from 54.7 million rupees a year earlier….
Representative image Tanishq, a jewellery brand from the Tata Group, plans to have 50 boutiques globally over the long term, said Kuruvilla Markose, the CEO of Titan Company which manages the brand business, as it opened a boutique here on Saturday. Currently, Titan has 13 boutiques in the international market and is constantly scouting for…
New Delhi: Jewellery major Titan Company reported a 24 per cent yearly rise in its consolidated income to Rs 10,837 crore for the quarter that ended September 30, 2023. A year ago, the company’s income stood at Rs 8,742 crore. Titan’s consolidated net profit for the period in review jumped by 9.7 per cent YoY…
New Delhi: Titan Company Limited is all set to launch an invite-only retail store which will sell luxury jewellery with a minimum ticket size of ₹10 lakh. The move comes as India’s consumer companies rush to premiumise to tap into the strong demand at the higher end of the consumer discretionary market. The company has…
Kolkata: As the escalating Israel-Palestine conflict pushes up gold prices, jewellers see consumers selling their gold holdings in the upcoming festival season to buy new ornaments in a bid to gain from the spike in prices. Gold prices in India have jumped by ₹874 per 10 gm to touch ₹ 57,415/10 gm after the Palestinian…
Kolkata | New Delhi: Latha Radhakrishnan used to travel to Coimbatore city to buy gold jewellery from Tanishq‘s store there, but she now has the option to buy it closer home, as the Titan co-owned chain has opened an outlet at Pollachi. Tanishq’s store at Pollachi, about 40 km south of Coimbatore city and opened…
Gold prices surged to Rs 60,000 per 10 grams in March from Rs 55,300 per 10 grams in January following the American banking crisis. Consumers might be buying less gold amid record-high prices, but top retail chains are seeing a surge in jewellery purchased through deferred or monthly payment schemes. Some of the big jewellery…
Ahmedabad: Tata Group’s Titan Company plans to open nine new stores of its jewellery brand Tanishq in Gujarat in the coming months, taking the number of stores to 28 in the state by the end of this fiscal, a top company official said here on Friday.Moreover, the company is also planning to expand its overseas…
Chennai: Jewellery brand Mia by Tanishq from the diversified conglomerate Tata Group has stepped up its retail presence in Tamil Nadu with the setting up of four stores in the city. Each store spread across 3,350 sq ft offers a wide range of jewellery pieces of Mia in gold, diamond, and colour stones among others….
