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