Companies News

Titan To Acquire Additional 27.1% Stake In CaratLane For Rs 4,621 Cr

Titan Company on Saturday has said that it will pay a total of Rs 4,621 crore for a further 27.1 per cent share in CaratLane. After the transaction is complete, Titan will own 98.28 per cent of the shares in CaratLane, a private firm that produces and sells jewellery. Titan made its initial investment in […]

Read More
Brands Companies News

Tata Group, CaratLane In Valuation Battle, Deadlock Could Impact IPO Plans

The Tata Group and the founders of CaratLane have been unable to agree on the valuation of the founders’ remaining stake in the company. This has led to a prolonged deadlock, which has now reached the attention of N Chandrasekaran, Chairman of Tata Sons, who is reportedly trying to find a swift resolution to the […]

Read More