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caratlane: Titan buys remaining 27% in CaratLane valuing it at Rs 17,000 crore

The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart. ....

Ettech Caratlane , Mithun Sacheti , Jewellery Brand ,

Tata's Titan Acquires 27.18% Stake In Its Subsidiary CaratLane For Rs 4,621 Crore Through Share Purchase Agreement | Companies News

Over the cost of the acquisition, Titan said it will pay Rs 4,621 crore towards the purchase of 27.18 per cent equity shares of CaratLane on a fully diluted basis. CaratLane Trading is an unlisted entity and its turnover in FY23 stood at Rs 2,177 crore. It also operates in the manufacture and sale of jewellery. ....

United States , New Delhi , Caratlane Trading Pvt Ltd , Competition Commission Of India , Lane Trading , Competition Commission , Gold Jewelry ,

Titan buys remaining 27% in CaratLane valuing it at Rs 17,000 crore, ET Retail

The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart. ....

Sachin Bansal , Mithun Sacheti , Tata Group , Binny Bansal , Tata Sons , Jewellery Brand , Tata Group , N Chandrasekaran , Ck Venkataraman , Binny Bansal , Mithun Sacheti ,

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the most interesting articles to help you stay at the top of your game. ....

Ministry Of Agriculture , Why India ,

Tata-Group Owned Titan To Pay $560 Million To Raise CaratLane Stake

India's Tata Group-owned Titan Co will raise its stake in its subsidiary CaratLane Trading by 27.2% for 46.21 billion rupees ($555.8 million), the parent company said in an exchange filing on Saturday. ....

Tamil Nadu , India Tata Titan Co , Group Owned Titan To Pay , Tamilnadu Industrial Development Corp , Tata Group , Tata Group Owned Titan To Pay , Caratlane Trading , Titan Watches ,