What type of company is Titan company?
Titan Company
Latest Logo of Titan Company | |
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Type | Public |
Number of employees | 7,500 (2020) |
Parent | Tata Group TIDCO |
Subsidiaries | Titan Engineering and Automation Limited CaratLane Favre-Leuba |
Who is the CEO of Titan company?
C K Venkataraman
Titan Company/CEO
What is the core business of Titan?
Titan’s core business is manufacturing of watches. In the watch segment is has brands like Fastrack , Sonata, Nebula,Titan Raga,Octane, Zoop & Xylys –– a swiss made catering to premium segment of the market. Titan has acquired licence for marketing & distribution of Tommy Hilfiger and Hugo Boss watches.
Who owns Titan company?
Tata Group
Tamil Nadu Industrial Development Corporation
Titan Company/Parent organizations
Titan Industries Ltd is a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO). As on 31 December 2020 Titan’s retail chain (including CaratLane) stands at 1854 stores with a retail area crossing 2.4 million sq.
Does Tata own Titan?
Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.
At what price did Rakesh Jhunjhunwala bought Titan?
Big Bull’s massive gains Titan share price settled at Rs 2,146.80 per share on Wednesday afternoon, where the value of Rakesh Jhunjhunwala’s investment in the firm stood at Rs 9,156 crore.
Who founded Titan?
Xerxes Desai
Titan Company/Founders
What is the age of Rakesh Jhunjhunwala?
61 years (July 5, 1960)
Rakesh Jhunjhunwala/Age
When did Titan Industries Ltd come into existence?
Titan Industries Ltd was incorporated in the year 1984 and commenced their business in the year 1986. The company set up an integrated watch manufacturing facility at Hosur in Tamil Nadu in the year 1987 with initial technical know-how from Europe and Japan.
What kind of watches does Titan Company make?
The company is engaged in manufacturing of watches jewelry precision engineering and Eyewear. They produce watches under the brand name Titan Fastrack Sonata Nebula RAGA Regalia Octane & Xylys. They export watches to about 32 countries around the world.
What are the four segments of Titan Company?
Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches and Wearables, Jewellery, Eyewear, and Others.
Who is the majority shareholder of Titan Company?
Montblanc Services B.V holds majority 51% stake in the joint venture company and Titan holds a 49% stake. The joint venture company was formed for carrying on the business of single brand retail trading of Montblanc products in India.