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Titan to tap rural, semi-urban markets with Sonata watches
Titan Industries (TIL) plans to tap the rural and semi-urban markets with its Sonata brand of watches, company officials said while launching new designs of its "Super Fibre" range here today.

Carlyle Group raises $1.04 bn for fourth Asia fund
Global private equity firm The Carlyle Group announced today it has successfully closed its fourth Asian growth capital fund, Carlyle Asia Growth Partners IV, a sector-agnostic growth capital fund which will invest in high growth private companies in China, India, Korea and other key Asian markets.

News of the day

CAT day 4 sees less turmoil
Glitches continue, lack of feedback still an issue; IIMs assure ‘damage control’.
International Business

Talks over Gorshkov's price likely to conclude: Naval chief

Navy Chief Admiral Sureesh Mehta today said negotiations between India and Russia over price of aircraft carrier Admiral Gorshkov could be concluded within next two days. "Price negotiations are on with the Russian team which is in India. The negotiations committee is discussing it with them. The time frame (for price fixation) is very short, hopefully day after," Mehta told reporters here.


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