Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

FMCG firms have the edge in battle with retailers
Organised retailers and fast-moving consumer goods (FMCG) firms have begun their slugfest yet again as the time approaches for redrawing of annual sales contracts.

Eros International plans IPO for Indian unit
AIM-listed integrated studio operator Eros International plc is planning to list its wholly-owned Indian subsidiary on the Bombay Stock Exchange in the current financial year.

News of the day

SAIL, ONGC, IOC, NTPC may get Maharatna tag shortly
Four public sector giants -- Oil and Natural Gas Corp, Steel Authority of India Ltd, Indian Oil Corp and NTPC -- are likely to get in next ten days the coveted Maharatna status, which will empower the PSUs with greater autonomy, a top government official said today.
Public Relations

Titan sets $1 bn revenue target for current fiscal

Titan Industries, which sells jewellery and watch among others, has set a goal of crossing the $1 billion-mark turnover in the current fiscal. - Paper jewellery - the new trend in fashion - Gems and jewellery exports lose shine; decline 24% in May - Gems, jewellery ind for lower lending rates, import duty cuts - Global meltdown, an opportunity for India, China: report - Sheetal Mafatlal gets bail, may be released from jail tomorrow - No impact of recession on gold business: Gold Association "Nearly 65 per cent of the target is expected to come from gold ornaments," Tata Group said highlighting the Innovation and Innovativeness of the company. Titan Industries, a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation, had recorded Rs 3847.72 crore revenue in 2008-09. Jewellery contributed Rs 2763.2 crore to the total revenue, watch segment Rs 908.49 crore and other products like eyewear, accessories and precission engineering components the remaining. Titan Industries is one of the premier players in India"s Rs 80,000 crore jewellery market. Semi-urban and rural areas account for nearly 60 per cent of the total market. Titan sells jewellery through its GoldPlus and Tanishq retail chains. While GoldPlus addresses the rural and semi-urban mass market and focuses on plain gold jewellery, Tanishq focuses on the metros. GoldPlus expects to record Rs 2,000 crore turnover over the next four-five years. "By the end of 2008-09, the company expects that GoldPlus turnover will be close to Rs 400 crore and in the next four-five years, it could be Rs 2,000 crore," a Tata Group"s report on its innovations said. GoldPlus, which stated with Rs 13 crore worth of business in 2005-06 through two stores at Erode in Tamil Nadu and Ratlam in Madhya Pradesh, has added nearly 30 stores to its chain and notched up an income of Rs 200 crore in 2007-08. Tanishq, which comes out with a new range of jewellery once in every six months, had clocked Rs 2,143 crore in sales in 2007-08.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009