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