In spite of walk-ins being a challenge for the industry, the company will go ahead with its store expansion plans because of its belief in the long-term Indian growth story, says S Subramaniam, CFO, Titan Company.
Posts tagged MC
To continue with store additions; Q2 to be better: Titan (24-09-2015)
Pension fund can grow up to 20% of country’s GDP: KK Jalan (24-09-2015)
Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant G Contractor, who was also present in event, said that the Indian pension system has a very inadequate social security set up and needs to be increased.
Modi trip gives Facebook, Google chance to press on growth (24-09-2015)
For Facebook and Google, India is a crucial market. With 1.3 billion people, it is the world’s second most-populous country – and they are blocked from China, the most populous, making success in India even more critical for their global growth.
Flipkart founders debut on Forbes billionaire list (24-09-2015)
Sachin Bansal and Binny Bansal, the co-founders of India’s largest e-commerce firm Flipkart debuted on Forbes billionaire list on Wednesday, each boasting a personal fortune of USD 1.3 billion.
Lupin up 4%; Credit Suisse upgrades, bets on diabetes drugs (24-09-2015)
Lupin has taken 200 percent price increase in Fortamet, according to Price Rx. The brokerage says it has been highlighting this opportunity for Lupin after a 8 times price increase in competing product Glumetza.
At 7,500 Nifty, all domestic negatives priced in: Dalton (24-09-2015)
The recent Nifty lows of 7,500 look like a reasonable bottom and all domestic negatives are priced in at that price, UR Bhat of Dalton Capital says.
Tide Water mgmt confident of fending off takeover attempt (24-09-2015)
Government-run Andrew Yule, which is the promoter of Tide Water Oil Company (India) Ltd, is confident of fending off a takeover attempt by a minority shareholder (Standard Greases) and ruled out a counter open offer on its part.
Dena Bank shareholders approve Rs 407cr share issue to govt (24-09-2015)
In August, government had announced capital infusion in 13 public sector banks, including PNB, SBI, IDBI, Bank of Baroda, Canara Bank and Dena Bank.
See flat to negative opening: ICICIdirect (24-09-2015)
Nifty is likely to open flat to negative on the back of mixed global cues. It is likely to trade in the range of 7830-7940, says a report by ICICIdirect.
See flat to negative opening: ICICIdirect (24-09-2015)
Nifty is likely to open flat to negative on the back of mixed global cues. It is likely to trade in the range of 7830-7940, says a report by ICICIdirect.