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