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When small is not so beautiful… Housing demand revival Solar installations exceed 2015 capacity in five months RoC in the dock... Smartphone onslaught by Chinese brands Vellayan is back, after 150 days The gainers and the losers TVS Srichakra plans capacity expansion Yamaha unveils scooter boutique TN government keen on revival of operations at Nokia complex Dish TV – subscriber additions encouraging Back in growth mode The unexpected exit Hyundai India achieves 7 mn production at Chennai factory Welcome focus to improve rural India... Bajaj Finserv – Q1: fare well Forging industry worried over lower supply of steel and its price Increasing market share 29 per cent jump in TCS revenues Emami – a new growth mantra A niche in FMCG business... Chinese smart phones flourish in small towns too! Aurobindo Pharmacy: good turnaround Last stages Toyota and Suzuki to introduce EVs in India by 2020 ITC – steep excise hike Carnival Films acquiring 3000 screens pan India Tata gets 4-star rating for Zest Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Record two-wheeler sales Consolidating leadership position in smartphones Eyes strong growth in 2016-17 IOB on turnaround path Sundram Fasteners rejigs international Tata Motors bets on new launches TI Cycles plans retail expansion to drive sales for premium bicycles CAPITAL NOTES A welcome initiative-even critics are recognised L&T bags the Mumbai Trans-harbour link order Mercedes-Benz sales continue to zoom Nissan exit shouldn’t affect ALL E.I.D Parry (India) Ltd: another sweet year Gamesa to set up a plant in Nellore Right to privacy – now it’s fundamental! Michelin to double Chennai capacity Hindalco – re-rating L & T’s floating dock for navy PPP model for infrastructure development Singur minus Nano – victory or folly? AL introduces Guru & Partner TVS Automobile invests Rs.75 crore in start-up firms M & M unveils driverless technology for tractors Daimler grows sales and share in India Tata Motors aims to be among the Top 3 global CV & PV firm From the toughest to the best year Hyundai to focus on SUVs and AMT variants It takes two to tango Sivasankaran enters taxi space to take on Uber and Ola Preparing for the next growth curve Tata Steel, ThyssenKrupp sign MoU to merge European units Tata Motors charts investments in PV and CV businesses L & T set bigger ambitions in defence business V-Guard launches app-enabled water heater system Tata Motors joins compact SUV bandwagon with Nexon Rane targets Rs.5500 crore topline by 2018-19 AL wins Deming prize again Daimler’s truck exports from Chennai cross 5000 units New India Assurance posts impressive show AL secures orders for 3600 buses Smooth sailing of SAIL Maruti – for young buyers He excels in the nuts and bolts of entrepreneurship Shriram Life clocks more than Rs.1000 crore premium in 2015-16 LVB posts 31 per cent growth in Q1 net profit PSU non-life firms seek to protect share Wabco launches safety system Ode to Ratan Tata Land wars Is this a generation gap? L&T profit up by 11 per cent HPCL plans Rs.61,000 crore capex over 5-years Are they really independent? Kone India eyes further growth in elevator market ITC chairman calls for policy impetus to transform agriculture Titan Company – sales recovery to kick in
 
Titan Company – sales recovery to kick in

FY14 was one of the most challenging years for Titan. Apart from weak consumer discretionary spending, regulatory changes on gold leasing and imports also impacted the company’s performance adversely. Reported earnings grew by 2 per cent YoY, RoCE declined from 62 per cent to 42 per cent and operating cash flow was negative, first time in the last decade.

 Faced with a tough competitive environment and deep discounting, which led to 6 per cent volume de-growth in FY14, Titan’s watch division increased brand investments and new launches, consolidated distribution channels, and expanded its retail presence, especially in central India, to re-gain growth.


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